I'll take this as an answer to my sibling comment that the answer is "No". I'm really sad CPython can't do that, but maybe some other Python can. It shouldn't necessarily be any slower for the interpreter to figure out where to jump to before saving the execution trace and jumping.

It's not "pointless", I was tearing out my hair and losing days because I couldn't do this in CPython. Yes, I'd much rather use Python than Common Lisp regardless.