Advanced Micro Devices Inc (AMD)

[I_banker]

HailMary, other than cash/money market accounts every security has a margin requirement (which varies by security). This includes US Govt. Treasury securities. Therefore, trying to achieve better than the money market rate would cause you to have to increase the amount of money you would need as collateral to meet the margin requirements. You would also face the risk of losing principal, because to get 4-5% rates you would need to invest in the long end of the curve. If rates move higher, your principal moves down. Not a problem if you can hold to maturity, but if you need the cash early for an assignment, you would be out of luck.

The other variable I forgot to mention earlier, is with the synthetic strategy you give up the dividend income you would have received if you bought the stock. Might be nothing, for a tech stock, or might be 8% for a REIT.