Lathe: moveable axis and closed path please / solved

While designing a wheel, I was missing a chance to use the lathe tool for the rim. You know, drawing a closed path, moving the axis outside, so that the path is orbiting around the axis creating donout style objects.
That would be a nice option, and polygon saving as well.

Or is it possible and I miss something?

Edit

Found a way

Ok, this is working. I experienced two crashes of my iPad while using the lathe tool together with mirror. Don‘t know it is really a prob of lathe though. I am a bit at the edge what my iPad is capable. It only happened with symmetry and I still was on 1.55

To mirror not the resulted object, but the path would help to produce one connected symmetrical mesh though.