Recommendation: NO
Current Price: $121.06
Total Wheels: 8
EditTypically you want to choose options that have a higher than 70% chance of being out of the money, since then you only have a 30% chance of actually acquiring the stock. Beyond that maximumizing the annualized rate of return is a good idea.
Annualized rate of return is computed fairly bullish as (max_return * odds + (1 - odds)) ^ (252 / calendar_days). This assumes that if you accidently acquire the stock you will be able to do something such that effectively get you a 1x return immediately.
| Ticker | Strike | Premium | Ticker Price | Calendar Days To Expiration | Odds Out Of The Money % | Maximum Return % | Annualized Rate Of Return |
|---|---|---|---|---|---|---|---|
| LULU | 121.0 | 3.03 | 121.06 | 6 (2026-05-22) | 51.68% | 2.50% | 1.72x |
| LULU | 120.0 | 2.45 | 121.06 | 6 (2026-05-22) | 57.00% | 2.04% | 1.63x |
| LULU | 119.0 | 2.12 | 121.06 | 6 (2026-05-22) | 61.94% | 1.78% | 1.59x |
| LULU | 120.0 | 6.33 | 121.06 | 16 (2026-06-05) | 55.41% | 5.27% | 1.57x |
| LULU | 120.0 | 7.6 | 121.06 | 21 (2026-06-12) | 55.57% | 6.33% | 1.51x |
| LULU | 120.0 | 3.65 | 121.06 | 11 (2026-05-29) | 55.89% | 3.04% | 1.47x |
| LULU | 120.0 | 8.15 | 121.06 | 25 (2026-06-18) | 55.68% | 6.79% | 1.45x |
| LULU | 115.0 | 5.29 | 121.06 | 21 (2026-06-12) | 65.20% | 4.60% | 1.43x |
| LULU | 115.0 | 5.97 | 121.06 | 25 (2026-06-18) | 64.57% | 5.19% | 1.39x |
| LULU | 110.0 | 3.6 | 121.06 | 21 (2026-06-12) | 73.98% | 3.27% | 1.33x |
| LULU | 115.0 | 6.25 | 121.06 | 31 (2026-06-26) | 64.37% | 5.43% | 1.32x |
| LULU | 110.0 | 2.51 | 121.06 | 16 (2026-06-05) | 77.03% | 2.28% | 1.32x |
| LULU | 115.0 | 0.93 | 121.06 | 6 (2026-05-22) | 79.60% | 0.81% | 1.31x |
| LULU | 110.0 | 4.06 | 121.06 | 25 (2026-06-18) | 73.07% | 3.69% | 1.31x |
| LULU | 115.0 | 1.79 | 121.06 | 11 (2026-05-29) | 73.57% | 1.56% | 1.30x |
| LULU | 120.0 | 9.8 | 121.06 | 46 (2026-07-17) | 56.15% | 8.17% | 1.28x |
| LULU | 115.0 | 7.35 | 121.06 | 46 (2026-07-17) | 63.74% | 6.39% | 1.24x |
| LULU | 105.0 | 1.7 | 121.06 | 16 (2026-06-05) | 84.05% | 1.62% | 1.24x |
| LULU | 105.0 | 2.65 | 121.06 | 25 (2026-06-18) | 80.57% | 2.52% | 1.22x |
| LULU | 110.0 | 5.48 | 121.06 | 46 (2026-07-17) | 70.92% | 4.98% | 1.21x |
| LULU | 120.0 | 0.67 | 121.06 | 1 (2026-05-15) | 65.21% | 0.56% | 1.20x |
| LULU | 120.0 | 13.92 | 121.06 | 91 (2026-09-18) | 57.52% | 11.60% | 1.20x |
| LULU | 115.0 | 11.47 | 121.06 | 91 (2026-09-18) | 62.89% | 9.97% | 1.18x |
| LULU | 105.0 | 4.0 | 121.06 | 46 (2026-07-17) | 77.33% | 3.81% | 1.17x |
| LULU | 110.0 | 9.35 | 121.06 | 91 (2026-09-18) | 68.11% | 8.50% | 1.17x |
| LULU | 110.0 | 0.79 | 121.06 | 11 (2026-05-29) | 86.44% | 0.72% | 1.15x |
| LULU | 100.0 | 1.34 | 121.06 | 21 (2026-06-12) | 88.11% | 1.34% | 1.15x |
| LULU | 100.0 | 1.61 | 121.06 | 25 (2026-06-18) | 86.93% | 1.61% | 1.15x |
| LULU | 105.0 | 7.45 | 121.06 | 91 (2026-09-18) | 73.12% | 7.10% | 1.15x |
| LULU | 119.0 | 0.4 | 121.06 | 1 (2026-05-15) | 76.20% | 0.34% | 1.14x |
| LULU | 115.0 | 12.78 | 121.06 | 136 (2026-11-20) | 63.00% | 11.11% | 1.13x |
| LULU | 100.0 | 5.7 | 121.06 | 91 (2026-09-18) | 77.92% | 5.70% | 1.13x |
| LULU | 110.0 | 0.33 | 121.06 | 6 (2026-05-22) | 91.80% | 0.30% | 1.12x |
| LULU | 95.0 | 0.96 | 121.06 | 25 (2026-06-18) | 91.56% | 1.01% | 1.10x |
| LULU | 95.0 | 5.45 | 121.06 | 136 (2026-11-20) | 80.80% | 5.74% | 1.09x |
| LULU | 105.0 | 0.37 | 121.06 | 11 (2026-05-29) | 93.24% | 0.35% | 1.08x |
| LULU | 90.0 | 0.67 | 121.06 | 25 (2026-06-18) | 94.11% | 0.74% | 1.07x |
| LULU | 118.0 | 0.18 | 121.06 | 1 (2026-05-15) | 86.99% | 0.15% | 1.07x |
| LULU | 90.0 | 1.15 | 121.06 | 46 (2026-07-17) | 91.86% | 1.28% | 1.07x |
| LULU | 85.0 | 2.15 | 121.06 | 91 (2026-09-18) | 89.85% | 2.53% | 1.06x |
| LULU | 105.0 | 0.15 | 121.06 | 6 (2026-05-22) | 96.34% | 0.14% | 1.06x |
| LULU | 80.0 | 1.67 | 121.06 | 91 (2026-09-18) | 92.08% | 2.09% | 1.05x |
| LULU | 117.0 | 0.12 | 121.06 | 1 (2026-05-15) | 91.55% | 0.10% | 1.05x |
| LULU | 85.0 | 0.69 | 121.06 | 46 (2026-07-17) | 94.77% | 0.81% | 1.04x |
| LULU | 85.0 | 0.24 | 121.06 | 25 (2026-06-18) | 97.41% | 0.28% | 1.03x |
| LULU | 115.0 | 0.06 | 121.06 | 1 (2026-05-15) | 95.98% | 0.05% | 1.03x |
| LULU | 100.0 | 0.05 | 121.06 | 6 (2026-05-22) | 98.70% | 0.05% | 1.02x |
| LULU | 113.0 | 0.04 | 121.06 | 1 (2026-05-15) | 97.73% | 0.04% | 1.02x |
| LULU | 110.0 | 0.01 | 121.06 | 1 (2026-05-15) | 99.56% | 0.01% | 1.00x |