$Tesla (TSLA.US)$ I sold about 20%, and sold Jan. 2024 calls...

I like being in a position where I'm likely happy despite the outcome.

So, if Tesla goes down, I'm glad I sold some and sold the calls. If it goes down far enough, depending on why, I can always sell some puts or buy some back.

If Tesla stays about the same and consolidates, I'm glad I sold some stock and sold the calls.

And if Tesla goes up to less than say $1600 in the next 27 months, I'm very happy with my position. Worst case (over $1550), I roll the options out two years to a much higher strike price for a large net credit, or just keep all the option premium if the stock doesn't rise much.

And if the stock goes crazy to the upside (like say to $2000 in a year, which would surprise me a LOT), I'm very happy about that too. I don't need to make the most profit I possibly could.

Plenty of profit in a short time frame is plenty good enough. I'd rather lock away part of my profits than rely on hope and greed and assuming nothing goes wrong with the economy or the markets. (I'd rather be a "chicken" that sleeps well at night than try to pile up "max profits" that I don't need and regret it later.)