For a:

Synthetic Short Put that includes:

Long a Stock at $50

Short a $50 Call @ $10

1. Calculate initial cash flow

2. Finish the value and profit table below

ST	VT = ST - max{ST - 50, 0}	T = VT + CF0
50 ST
ST

Long Stock for $50 = Short $50 Call for $10 = CFO =