This kind of option strategy is comprised by one put and one call options with the same strike price and the same expiry date.

该组合由两份执行价格和到期日均相同的看涨期权和看跌期权组成。

youdao

A combination of a put and a call with the same strike price, in which both are bullish, called synthetic long futures.

由两个有相同行使价的看跌和看涨期权形成的组合，同时二者都看跌，叫做组合卖出期货。

youdao

He suggests an equity collar--buying a put below the market price and selling a call above it to defray the cost.

FORBES: Monday Morning Quarterbacks

Basically, when the put-call ratio reverses from extreme negative readings and begins to reflect optimism, it is associated with subsequent price appreciation in the underlying stock.

FORBES: Magazine Article