Yes, but making money in the stock market requires movement in either direction. Leverage, options, LEAPs, yes all good methods of making money. However, I choose not to use these with Tesla because shorting and selling puts does nothing but hurt actual Tesla shareholders and I view this company as one of the only things on earth that can impact climate change in a quick reasonable manner. I’d buy calls and leaps but black swans or FUD can crush options.
I see the strategies with the wheel and spreads, just not into it. Too rich for my blood! Good luck though, investor day is coming up! Ready for that Gen 3 compact!