I see that edamo has eloquently responded to you. I invite you to read the Dell's thread postings from Chuzz, Rudedog, edamo and others about this topic. Additionally, Poet, who just returned from an excellent Option Seminar can probably explain to you better.
Are selling puts and buying calls identical twins? No, they are paternal twins. The basic idea of being bullish is the same, but there are of course differences: selling puts generate money, buying calls is money outflow.
Risk? There are risk of course. I am not suggesting that there is no risk. As a matter of fact you can be approved for call buying but not for selling puts.
We are not saying that buying calls is a bad idea. Far from it. As a matter of fact, I am a synthetic long myself. Selling puts, yes, if you say it is crumbs, but you do it repeatedly. Taxman had a great success od buying call on a stock which was bought by CSCO. He hit a home run. How many homeruns happen in a ballgame? We prefer hits, many hits. So it is your preference.
Just becuase we prefer certain strategies does not mean that we are against others, even if some like gold, it is OK with us.
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