Depends on what you want to acheive.
Ideally the one posted here is for investors looking for long term share ownership whilst having flexible limited downside.
Just think if you were keen to get onto Babcock and Brown a few years ago... your options would just be expiring now and your maximum loss would have been about 25%-30%... VS almost 100% if you just owned the stock.
Naturally you can further reduce that risk during the life of the strategy by selling calls or puts and collecting the premium depending on how you structure it.
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