How to Turn the Volatility in Tesla Stock into a 20% Upside Opportunity with Just 0.3% Downside Risk

Group 1 - Tesla's stock (TSLA) has more than doubled since April and recently recovered from a 20% decline, indicating its volatility and trading potential [1] - Wall Street currently holds a net "Hold" rating on TSLA, reflecting the challenges in predicting its stock price movements and fundamentals [2] - The stock has experienced significant fluctuations, with a notable return to the $490 price area, showcasing its tumultuous year [3] Group 2 - TSLA is trading at over 400 times forward earnings and 16 times sales, suggesting elevated valuations that contribute to its volatility [5] - Investors may consider strategies to manage risk, such as using collar combinations to own TSLA while writing calls and buying puts, potentially achieving a 10% annual return [7] - There are differing perspectives among investors, with bulls anticipating a breakout and bears predicting a retrenchment from current levels [6]