Definition
A synthetic forward position replicates the payoff of a forward contract by combining a long call and a short put (or the reverse) at the same strike and expiration, achieving forward-like exposure without a directly negotiated forward agreement.
In Panel Profits
'Synthetic Forward Contracts' in Panel Profits are an in-platform simulated position combining a simulated long call and short put at the same strike and expiration to replicate forward-like exposure on a comic equity position ahead of an anticipated catalyst (such as a rumored, not-yet-confirmed adaptation). This is a platform-native simulation mechanic, not a real financial product available for physical comics.
Comic-market example
A platform user expecting a key issue's equity to rise ahead of an unconfirmed catalyst might construct an in-platform synthetic forward instead of waiting for a standardized futures listing on that specific issue.
Calculation
Synthetic Forward Payoff = Long Call Payoff − Short Put Payoff (same strike/expiration)
Common mistakes
Do not represent this as a real, externally available financial instrument for physical comic books.