Recommendation: NO
Current Price: $41.95
Total Wheels: 4
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 |
|---|---|---|---|---|---|---|---|
| LVS | 41.5 | 0.61 | 41.95 | 4 (2025-06-27) | 59.74% | 1.47% | 1.55x |
| LVS | 41.5 | 0.87 | 41.95 | 8 (2025-07-03) | 57.99% | 2.10% | 1.46x |
| LVS | 41.0 | 0.28 | 41.95 | 4 (2025-06-27) | 72.97% | 0.68% | 1.28x |
| LVS | 20.0 | 0.39 | 41.95 | 19 (2025-07-18) | 96.11% | 1.95% | 1.28x |
| LVS | 40.0 | 0.36 | 41.95 | 8 (2025-07-03) | 77.86% | 0.90% | 1.25x |
| LVS | 35.0 | 0.26 | 41.95 | 8 (2025-07-03) | 91.16% | 0.74% | 1.24x |
| LVS | 40.5 | 0.17 | 41.95 | 4 (2025-06-27) | 81.73% | 0.42% | 1.19x |
| LVS | 38.5 | 0.14 | 41.95 | 4 (2025-06-27) | 90.13% | 0.36% | 1.18x |
| LVS | 40.0 | 2.37 | 41.95 | 64 (2025-09-19) E | 63.52% | 5.93% | 1.16x |
| LVS | 37.5 | 0.95 | 41.95 | 39 (2025-08-15) E | 77.96% | 2.53% | 1.13x |
| LVS | 37.0 | 0.52 | 41.95 | 24 (2025-07-25) E | 83.87% | 1.41% | 1.13x |
| LVS | 37.5 | 0.4 | 41.95 | 19 (2025-07-18) | 84.86% | 1.07% | 1.13x |
| LVS | 40.0 | 0.48 | 41.95 | 19 (2025-07-18) | 75.24% | 1.20% | 1.13x |
| LVS | 37.0 | 0.61 | 41.95 | 29 (2025-08-01) E | 82.61% | 1.65% | 1.12x |
| LVS | 25.0 | 0.23 | 41.95 | 19 (2025-07-18) | 96.21% | 0.92% | 1.12x |
| LVS | 39.5 | 0.1 | 41.95 | 4 (2025-06-27) | 89.49% | 0.25% | 1.12x |
| LVS | 37.0 | 0.26 | 41.95 | 14 (2025-07-11) | 88.68% | 0.70% | 1.12x |
| LVS | 40.0 | 0.1 | 41.95 | 4 (2025-06-27) | 88.24% | 0.25% | 1.12x |
| LVS | 37.5 | 2.54 | 41.95 | 129 (2025-12-19) E | 70.89% | 6.77% | 1.10x |
| LVS | 35.0 | 0.99 | 41.95 | 64 (2025-09-19) E | 82.43% | 2.83% | 1.10x |
| LVS | 30.0 | 1.03 | 41.95 | 149 (2026-01-16) E | 87.67% | 3.43% | 1.05x |
| LVS | 30.0 | 0.8 | 41.95 | 129 (2025-12-19) E | 89.20% | 2.67% | 1.05x |
| LVS | 39.0 | 0.03 | 41.95 | 4 (2025-06-27) | 95.75% | 0.08% | 1.04x |
| LVS | 30.0 | 0.28 | 41.95 | 64 (2025-09-19) E | 93.95% | 0.93% | 1.03x |
| LVS | 25.0 | 0.45 | 41.95 | 129 (2025-12-19) E | 94.28% | 1.80% | 1.03x |
| LVS | 27.5 | 0.23 | 41.95 | 64 (2025-09-19) E | 95.60% | 0.84% | 1.03x |
| LVS | 22.5 | 0.09 | 41.95 | 64 (2025-09-19) E | 98.29% | 0.40% | 1.02x |