Not really, no.

Encode quality has become a science:

https://medium.com/netflix-techblog/dynamic-optimizer-a-perc...

For a deeper dive on FFmpeg options you can crib from the ‘scene’ community:

https://scenerules.org/t.html?id=tvx2642k16.nfo

Or grab Handbrake, pick some built-in device or streaming target, and see the tuned default CLI options.