Muon ring images observed with Imaging Atmospheric Cherenkov Telescopes (IACTs) provide a powerful means to calibrate the optical throughput of IACTs and monitor their optical point spread function. We investigate whether muons ring images can be used as the primary optical throughput calibration method for the telescopes of the future Cherenkov Telescope Array (CTA) and find several additional systematic effects in comparison to previous works. To ensure that the method achieves the accuracy required by CTA, these systematic effects need to be taken into account and minor modifications to the hardware and analysis are necessary. We derive analytic estimates for the expected muon data rates to be used for optical throughput calibration, monitor- ing of the optical point spread function, with achievable statistical and systematic uncertainties, and explore the potential of muon ring images as a secondary method of camera pixel flat-fielding.