Overnight...answer this stupid what I believe to be a very stupid question: 10. Which one of the following choices is the same synthetic position as long stock, long put? a. Short put b. Long call c. Short call d. Long put I believe the question is wrong headed...if not prove to me you know what your talking about and analyze it in a constructive way..as if you knew how to teach...not just criticize..
I do have many Apex accounts with TD Ameritrade...no this is a goofy test for approval of a Portfolio Margin account...with TD Ameritrade.
PM account with TD Ameritrade...just for the heck of it I went to several of what used to be called "Apex" under TD Ameritrade accounts...now I can't find "Apex" attached to any of my accounts???
I guess you still haven't studied payoff diagrams. If you have, you would know it's not a "very stupid question". It's quite useful in that it allows you to put the gains and losses of your trading position(s) in perspective and how they change in various scenarios.
OK maybe not a stupid question...possibly just an academic question? I like to spend time "real-time" learning how to trade better! Could you please take the time to "dissect" the idea of "synthetic's. Can this academic concept possibly help digging out of an otherwise losing position??...or can it keep us from getting into a losing position...or does it just show us "what can happen?" I put this very question to a person on the trading desk @ TDA & he was as puzzled as I am as to the correct answer...thanks for any time your willing to give me.JSOP.. I do enjoy learning...