Elon Musk, CEO of SpaceX and Tesla, is known for his innovative ventures. A put ratio spread strategy can be used in options trading to profit in different market conditions. Using Tesla as an example, the trade involves buying and selling put options. This strategy can benefit from a fall in implied volatility and takes advantage of option skew. Tesla, a company that designs and sells electric vehicles, has a strong technical opinion rating. This strategy is not recommended for beginners, and risk management is crucial in options trading. Always consult a financial advisor before making investment decisions.

Read more at Barchart: Tesla Ratio Spread Targets A Profit Zone Between 410 and 430