#SyntheticStock #LongCalls -With 5 wide strikes out in Jan 2019 I just decided to buy the calls outright instead of going synthetic. A little more out of pocket up front but a much lower max loss due to the “5 wide”. This replaces my MU position..
Bought to Open CRUS JAN 18 2019 45.0 Calls @ 6.90
46 week to go so 15 cents a week required….didn’t get a chance to sell the first hedge yet.