Do you trade options on Yieldmax/Defiance/BITO type ETF’s?

Does anyone trade any sort of options strategies on the ETF's:

YieldMax (TSLY/CONY/AMDY etc) or the Defiance ones (QQQY, IMWY etc), or BITO..

These have high monthly dividends and very volatile

It seems quite interesting but the Bid/Ask are so wide, I'm just uneducated how some of you guys might be trading these and making it work for you, and curious in what stragegy.

Also, curious if anyone trades the wheel with VXX, or VIX?