Mike Khouw thinks robot taxis are a game changer. Mike Khouw works at YieldMaxETFs. Mike Khouw wants you to buy Tesla options because Elon Musk showed everyone a car without a steering wheel.
The Cybercab does not exist in production. It does not have a release date. It cannot pick you up from the airport. But Mike has a bullish bet structured around it anyway.
This is what passes for strategy in 2026. A guy watches a staged demo of a prototype vehicle that may or may not function without human intervention, then immediately constructs a derivatives play for retail traders who think they're early to the next big thing. They are not early. They are exactly on time to get their accounts liquidated.
Options traders love this sh*t. They see a headline with the word "game changer" and they start building call spreads like they just cracked the Da Vinci Code. Meanwhile the underlying asset is a car company valued like a tech monopoly that still makes most of its money selling sedans to people in California.
Khouw breaks down how this bullish bet could pay off. He does not break down how it could expire worthless, which statistically is the more likely outcome for anyone reading his breakdown. But that would not make for good content.
The Cybercab will either revolutionize transportation or join the Roadster 2, the Tesla Semi, and Full Self-Driving in the land of things Elon promised five years ago. Either way, Mike has an options structure for you.
Retail traders will pile in. They will screenshot their positions. They will post them in Discord channels with rocket emojis. Then they will watch theta decay eat their premiums while they wait for a taxi service that does not have regulatory approval in a single U.S. city.
But sure, it's a game changer. So is bankruptcy court.
Photo by Brecht Corbeel on Unsplash
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