Recommendation: NO
Current Price: $171.57
Total Wheels: 7
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 | 170.0 | 2.24 | 171.57 | 4 (2026-02-06) | 59.30% | 1.32% | 1.48x |
| LULU | 170.0 | 3.8 | 171.57 | 9 (2026-02-13) | 56.89% | 2.24% | 1.42x |
| LULU | 170.0 | 5.3 | 171.57 | 14 (2026-02-20) | 56.02% | 3.12% | 1.37x |
| LULU | 167.5 | 2.88 | 171.57 | 9 (2026-02-13) | 65.06% | 1.72% | 1.37x |
| LULU | 165.0 | 2.29 | 171.57 | 9 (2026-02-13) | 71.72% | 1.39% | 1.32x |
| LULU | 165.0 | 3.35 | 171.57 | 14 (2026-02-20) | 68.40% | 2.03% | 1.28x |
| LULU | 170.0 | 6.85 | 171.57 | 24 (2026-03-06) | 55.72% | 4.03% | 1.26x |
| LULU | 170.0 | 9.3 | 171.57 | 34 (2026-03-20) | 55.66% | 5.47% | 1.25x |
| LULU | 162.5 | 1.62 | 171.57 | 9 (2026-02-13) | 78.28% | 1.00% | 1.24x |
| LULU | 165.0 | 5.15 | 171.57 | 24 (2026-03-06) | 65.20% | 3.12% | 1.24x |
| LULU | 170.0 | 13.65 | 171.57 | 54 (2026-04-17) | 56.23% | 8.03% | 1.23x |
| LULU | 165.0 | 7.15 | 171.57 | 34 (2026-03-20) | 63.29% | 4.33% | 1.22x |
| LULU | 165.0 | 5.8 | 171.57 | 29 (2026-03-13) | 64.43% | 3.52% | 1.21x |
| LULU | 160.0 | 9.45 | 171.57 | 54 (2026-04-17) | 66.74% | 5.91% | 1.20x |
| LULU | 160.0 | 3.55 | 171.57 | 24 (2026-03-06) | 73.79% | 2.22% | 1.19x |
| LULU | 160.0 | 5.15 | 171.57 | 34 (2026-03-20) | 70.74% | 3.22% | 1.18x |
| LULU | 160.0 | 11.2 | 171.57 | 74 (2026-05-15) | 65.98% | 7.00% | 1.17x |
| LULU | 150.0 | 5.9 | 171.57 | 54 (2026-04-17) | 76.41% | 3.93% | 1.15x |
| LULU | 155.0 | 2.28 | 171.57 | 24 (2026-03-06) | 81.39% | 1.47% | 1.13x |
| LULU | 145.0 | 4.9 | 171.57 | 54 (2026-04-17) | 80.24% | 3.38% | 1.13x |
| LULU | 155.0 | 1.75 | 171.57 | 19 (2026-02-27) | 83.53% | 1.13% | 1.13x |
| LULU | 150.0 | 7.2 | 171.57 | 74 (2026-05-15) | 75.02% | 4.80% | 1.13x |
| LULU | 150.0 | 2.85 | 171.57 | 34 (2026-03-20) | 82.24% | 1.90% | 1.12x |
| LULU | 130.0 | 2.46 | 171.57 | 74 (2026-05-15) | 89.30% | 1.89% | 1.06x |
| LULU | 140.0 | 0.46 | 171.57 | 19 (2026-02-27) | 95.17% | 0.33% | 1.04x |
| LULU | 150.0 | 0.21 | 171.57 | 9 (2026-02-13) | 96.22% | 0.14% | 1.04x |
| LULU | 125.0 | 0.06 | 171.57 | 14 (2026-02-20) | 99.26% | 0.05% | 1.01x |