#SyntheticStock – Taking a shot here with plenty of time to work.

Bought TSLA Jan 16 2026 220/220/175 Synthetic Stock @ 54.20

Sold TSLA Oct 27 2023 220.0 Call @ 6.50

Will roll my 4 dollar loss on the earnings trade into this and start with a 58.20 debit. The synthetic keeps a lot more cash in the sweep drawing 5 percent vs taking stock.

EDIT: Rolled next week’s short 220 call down to 212.5 for 4.30 credit. Gives protection down to around the 200 day…(and guarantees a bounce!) LOL