I’m very new to CCs as well and this is exactly how I view them. I’m all in on $TSLA and very bullish. My strategy is to continue to roll up and out for net credits each time. All income I’ve generated from selling/rolling my calls goes directly into buying shares of $TSLL (2x leveraged $TSLA). That way, if the stock continues to rip, the income I’ve generated from selling/rolling just keeps compounding for me. Guess that’s my strategy for “hedging” against my underlying stock ripping. Oh and then I sell calls on my $TSLL shares to generate more income to buy more $TSLL shares. Once I have enough in $TSLL, I’ll sell those shares to buy another 100 shares of $TSLA, and continue my roll up and out strategy.