[TheOptionClub.com] Morphing

Hello everybody I was wondering if anybody knows how to  morph calls and puts as stock replacement strategies. I have watch an video on morphing a long call using an ABC   pattern. For example stock is at $45  and you buy an 40 call@10 that has 80 delta, when the stock goes to $50  you roll the 40 to the 45 strike@5 when the delta reaches 80 locking in a credit. This is a vertical roll using the same month and buying 2-4 months out a long call in the money. If the stock keeps going up you keep rolling the long option up to the next strike locking in profits. This is suppose to give you limited risk and unlimited profit potential on the upside. If it begins to fall or at an resistance point buy an 100 delta put turning your long call into  an synthetic put on a one to one basis. Has anybody tried this strategy.

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