I am going to try and explain what I am looking for. Is there a website which gives stock options where the net of selling the put and buying the call is greater than the stock price minus the strike price? Example ABC 40 call is 2 ABC 40 Put is 5 ABC is selling for 39 If the stock price doesn't move i will buy the stock for 40 when it is worth 39. So I would lose $1 from the put bing exercised, but gain $3 from buying/selling the options. Neting me a total of $2. I am sure this has a name, but I am not sure what it is. Thanks for the help.