If you have a strategy then just make sure you know what you're doing. No right or wrong as everyone has their own decision to make.

However, I don't understand why would you want to liquidate if a huge crash comes and then buy options? Premiums on Tesla is no joke. Have you worked out the math and the risk/reward? Why not just hold on to your investments since you have a 10 year time horizon? I hope you know what you're doing.

Be careful of the premiums. If it can crash so hard so fast, implied volatility can be very high which affects option premiums. You have to work out scenarios to enter with prices you're comfortable with.

E.g. Current stock price is $1k. A 19 Jan 2024 call with $1400 strike is priced at $282. This implies you need the stock to go $1682 in 2 years to break even, which is a 68.2% rise. And you need to have the $140k to exercise at that time. So, just do your own calculations beforehand so that if the opportunity presents itself, you can seize it. Make different scenarios at different impl. vol.

Whereas if you have $100k now, you can participate in the 68.2% rise without losing sleep at all. Heck, even if it rises 20% these 2 years, you'll still be happy.

Unless you're willing to risk $28k on the call premium as a "lottery" ticket then go for it.

I agree with what kelvin said. The IV for Tesla is above average now and a crash may increase the option premium. Making it riskier for you to hold on to those call options.

Alternatively, you may want to consider selling some puts after a crash and when IV is high. Then use those premiums collected to fund your share purchase

If you sell long term puts, the premium can be juicy. I think one contract for Tesla that expires in 2024 at a certain strike was around USD20,000 for 100 shares. That’s having RM80k in your pocket straight. Downside is you’re locking your margin or cash to secure this out for a really long time. You’re being paid for taking future risk. Though, you can always close this contract when the option price drops and you make a small profit out of it.

You may want to consider being in the Vega gang, if the goal is to sell options when IV is high and close the position when IV crushes.

I personally prefer selling puts that expire around 1 year. Choose a strike that is way in the money plus a few other conditions.

Another style is for the Theta gang. Basically sell options that expire around 30 - 60 days so that time decay eats up the option premium

Tesla is repeatedly under promising and over delivering.

2022 risk is execution and ramping of new factories and a stable battery supply.

Don’t underestimate battery supply issues.