I am studying the Long synthetic Future strategy that is explained on OptionStrat website.
Sell a put at strike A
Buy a call at strike A
But I still don't get why it can be a good choice to open a LSF instead of buy the underying directly.
They mention the fact that it is a "no cost" strategy. But holding the underlying is also at no cost.
Also it has the risk to be assigned on the sell leg.
What are your thoughts on this strategy?