Major curiosity. Say you take what Natenberg says about Strangles to be true. That a Strangle has to be a call and a put with the same expiration date. Lots start to make sense, you can talk about Calendar spreads and so on.
A call backspread, is short call and long call, right. But what do you call it when you use a put instead of the short call. And what do you call it when you make it diagonal. Doesn't this mimic a synthetic call position?
Naming An Options Strategy
byu/Traditional-Koala927 inoptions
Posted by Traditional-Koala927
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> But what do you call it when you use a put instead of the short call.
So long call, short put? Synthetic long or risk reversal, depending on if the strikes are the same.