Recommendation: NO
Current Price: $57.80
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 | 57.5 | 1.32 | 57.80 | 10 (2026-02-20) | 54.69% | 2.30% | 1.37x |
| LVS | 57.5 | 2.31 | 57.80 | 30 (2026-03-20) | 54.37% | 4.02% | 1.20x |
| LVS | 57.5 | 4.75 | 57.80 | 94 (2026-06-18) | 55.74% | 8.26% | 1.13x |
| LVS | 49.0 | 0.5 | 57.80 | 20 (2026-03-06) | 88.61% | 1.02% | 1.12x |
| LVS | 51.0 | 0.24 | 57.80 | 10 (2026-02-20) | 91.02% | 0.47% | 1.11x |
| LVS | 50.0 | 0.1 | 57.80 | 5 (2026-02-13) | 94.87% | 0.20% | 1.10x |
| LVS | 52.0 | 0.3 | 57.80 | 15 (2026-02-27) | 87.79% | 0.58% | 1.09x |
| LVS | 42.5 | 0.57 | 57.80 | 50 (2026-04-17) | 91.87% | 1.34% | 1.06x |
| LVS | 47.5 | 2.28 | 57.80 | 160 (2026-09-18) | 79.57% | 4.80% | 1.06x |
| LVS | 35.0 | 0.01 | 57.80 | 30 (2026-03-20) | 99.81% | 0.03% | 1.00x |