NEW TRADE: Hedged Synthetic Covered Call 

Google/Alphabet (GOOGL): 99.96

TRADE ACTION: OPEN the GOOGL 20 Jan (23) 99 put / 99 call and the GOOGL 20 Jan (23) 94 put and 16 Dec (22) 99 call for a net debit of around 0.50

STO the GOOGL 20 Jan (23) 99 put
BTO the GOOGL 20 Jan (23) 99 call
BTO the GOOGL 20 Jan (23) 94 put
STO the GOOGL 16 Dec (23) 99 call

The Master Portfolio is trading 5 contracts