Recommendation: NO
Current Price: $160.95
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 | 160.0 | 4.15 | 160.95 | 8 (2026-04-02) | 54.82% | 2.59% | 1.56x |
| LULU | 160.0 | 2.41 | 160.95 | 4 (2026-03-27) | 56.24% | 1.51% | 1.53x |
| LULU | 157.5 | 1.58 | 160.95 | 4 (2026-03-27) | 68.59% | 1.00% | 1.41x |
| LULU | 160.0 | 5.4 | 160.95 | 14 (2026-04-10) | 54.56% | 3.38% | 1.39x |
| LULU | 155.0 | 2.25 | 160.95 | 8 (2026-04-02) | 70.91% | 1.45% | 1.38x |
| LULU | 160.0 | 6.25 | 160.95 | 19 (2026-04-17) | 54.53% | 3.91% | 1.32x |
| LULU | 152.5 | 1.6 | 160.95 | 8 (2026-04-02) | 77.57% | 1.05% | 1.29x |
| LULU | 160.0 | 7.05 | 160.95 | 24 (2026-04-24) | 54.57% | 4.41% | 1.28x |
| LULU | 155.0 | 0.95 | 160.95 | 4 (2026-03-27) | 78.99% | 0.61% | 1.28x |
| LULU | 155.0 | 4.2 | 160.95 | 19 (2026-04-17) | 65.82% | 2.71% | 1.26x |
| LULU | 155.0 | 4.85 | 160.95 | 24 (2026-04-24) | 64.87% | 3.13% | 1.23x |
| LULU | 150.0 | 1.19 | 160.95 | 8 (2026-04-02) | 82.85% | 0.79% | 1.23x |
| LULU | 160.0 | 9.0 | 160.95 | 39 (2026-05-15) | 54.84% | 5.63% | 1.22x |
| LULU | 150.0 | 2.73 | 160.95 | 19 (2026-04-17) | 75.63% | 1.82% | 1.20x |
| LULU | 155.0 | 6.85 | 160.95 | 39 (2026-05-15) | 62.93% | 4.42% | 1.19x |
| LULU | 150.0 | 3.35 | 160.95 | 24 (2026-04-24) | 73.84% | 2.23% | 1.19x |
| LULU | 152.5 | 0.58 | 160.95 | 4 (2026-03-27) | 86.28% | 0.38% | 1.18x |
| LULU | 150.0 | 8.9 | 160.95 | 63 (2026-06-18) | 66.82% | 5.93% | 1.17x |
| LULU | 150.0 | 5.05 | 160.95 | 39 (2026-05-15) | 70.50% | 3.37% | 1.16x |
| LULU | 147.0 | 0.78 | 160.95 | 8 (2026-04-02) | 88.05% | 0.53% | 1.16x |
| LULU | 160.0 | 19.25 | 160.95 | 129 (2026-09-18) | 57.42% | 12.03% | 1.14x |
| LULU | 145.0 | 1.7 | 160.95 | 19 (2026-04-17) | 83.64% | 1.17% | 1.14x |
| LULU | 155.0 | 16.75 | 160.95 | 129 (2026-09-18) | 61.35% | 10.81% | 1.13x |
| LULU | 145.0 | 3.65 | 160.95 | 39 (2026-05-15) | 77.20% | 2.52% | 1.13x |
| LULU | 150.0 | 14.4 | 160.95 | 129 (2026-09-18) | 65.24% | 9.60% | 1.13x |
| LULU | 140.0 | 5.45 | 160.95 | 63 (2026-06-18) | 77.00% | 3.89% | 1.13x |
| LULU | 150.0 | 0.37 | 160.95 | 4 (2026-03-27) | 91.01% | 0.25% | 1.12x |
| LULU | 145.0 | 0.57 | 160.95 | 8 (2026-04-02) | 90.86% | 0.39% | 1.12x |
| LULU | 145.0 | 12.35 | 160.95 | 129 (2026-09-18) | 69.02% | 8.52% | 1.12x |
| LULU | 140.0 | 2.71 | 160.95 | 39 (2026-05-15) | 82.49% | 1.94% | 1.11x |
| LULU | 135.0 | 5.8 | 160.95 | 84 (2026-07-17) | 78.97% | 4.30% | 1.11x |
| LULU | 135.0 | 4.0 | 160.95 | 63 (2026-06-18) | 81.79% | 2.96% | 1.10x |
| LULU | 149.0 | 0.29 | 160.95 | 4 (2026-03-27) | 92.69% | 0.19% | 1.10x |
| LULU | 140.0 | 1.08 | 160.95 | 19 (2026-04-17) | 88.99% | 0.77% | 1.09x |
| LULU | 135.0 | 1.91 | 160.95 | 39 (2026-05-15) | 87.03% | 1.41% | 1.08x |
| LULU | 125.0 | 6.2 | 160.95 | 129 (2026-09-18) | 82.24% | 4.96% | 1.08x |
| LULU | 125.0 | 0.32 | 160.95 | 24 (2026-04-24) | 96.65% | 0.26% | 1.03x |
| LULU | 120.0 | 0.13 | 160.95 | 14 (2026-04-10) | 98.47% | 0.11% | 1.02x |
| LULU | 120.0 | 0.17 | 160.95 | 19 (2026-04-17) | 98.09% | 0.14% | 1.02x |