### Comment:
While theoretically true, there would be some warning to get out if things got rough. Tesla is definitely not going under overnight.  I believe in Tesla and Elon 100 percent, but it would start with a series of bad quarters and dwindling sales that never pick back up. So in practice, losses are probably limited to the premium and then wherever the pain gets too heavy. I would likely buy calls with the premium if it were me for a synthetic long.

### REPLY:
I’ve written a couple covered calls and also have a few calls. Will make money any direction.

### END.