Recommendation: NO
Current Price: $110.37
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 | 110.0 | 1.72 | 110.37 | 4 (2026-11-13) | 54.04% | 1.56% | 1.53x |
| LULU | 110.0 | 2.93 | 110.37 | 9 (2026-11-20) | 53.44% | 2.66% | 1.49x |
| LULU | 109.0 | 2.46 | 110.37 | 9 (2026-11-20) | 58.50% | 2.26% | 1.44x |
| LULU | 108.0 | 2.12 | 110.37 | 9 (2026-11-20) | 63.22% | 1.96% | 1.41x |
| LULU | 110.0 | 7.4 | 110.37 | 29 (2026-12-18) | 54.41% | 6.73% | 1.37x |
| LULU | 107.0 | 1.74 | 110.37 | 9 (2026-11-20) | 67.96% | 1.63% | 1.36x |
| LULU | 106.0 | 1.46 | 110.37 | 9 (2026-11-20) | 72.12% | 1.38% | 1.32x |
| LULU | 105.0 | 5.2 | 110.37 | 29 (2026-12-18) | 64.59% | 4.95% | 1.31x |
| LULU | 100.0 | 3.45 | 110.37 | 29 (2026-12-18) | 73.94% | 3.45% | 1.24x |
| LULU | 103.0 | 0.8 | 110.37 | 9 (2026-11-20) | 82.71% | 0.78% | 1.20x |
| LULU | 97.0 | 1.92 | 110.37 | 24 (2026-12-11) | 81.48% | 1.98% | 1.18x |
| LULU | 96.0 | 1.74 | 110.37 | 24 (2026-12-11) | 82.97% | 1.81% | 1.17x |
| LULU | 110.0 | 11.15 | 110.37 | 94 (2027-03-19) | 56.11% | 10.14% | 1.16x |
| LULU | 100.0 | 7.0 | 110.37 | 94 (2027-03-19) | 69.27% | 7.00% | 1.14x |
| LULU | 90.0 | 1.29 | 110.37 | 29 (2026-12-18) | 88.26% | 1.43% | 1.12x |
| LULU | 65.0 | 0.13 | 110.37 | 49 (2027-01-15) | 98.76% | 0.20% | 1.01x |