Recommendation: NO
Current Price: $38.78
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 | 37.5 | 0.56 | 38.78 | 9 (2026-10-09) | 69.49% | 1.49% | 1.34x |
| LVS | 38.0 | 0.58 | 38.78 | 9 (2026-10-09) | 64.50% | 1.53% | 1.32x |
| LVS | 38.0 | 1.74 | 38.78 | 29 (2026-11-06) | 58.78% | 4.58% | 1.26x |
| LVS | 37.0 | 1.34 | 38.78 | 29 (2026-11-06) | 65.93% | 3.62% | 1.23x |
| LVS | 37.5 | 0.19 | 38.78 | 4 (2026-10-02) | 79.51% | 0.51% | 1.22x |
| LVS | 37.0 | 0.32 | 38.78 | 9 (2026-10-09) | 78.05% | 0.86% | 1.21x |
| LVS | 37.5 | 0.55 | 38.78 | 14 (2026-10-16) | 69.68% | 1.47% | 1.20x |
| LVS | 37.5 | 1.51 | 38.78 | 39 (2026-11-20) | 62.53% | 4.03% | 1.17x |
| LVS | 37.0 | 0.61 | 38.78 | 19 (2026-10-23) | 72.14% | 1.65% | 1.17x |
| LVS | 36.0 | 0.69 | 38.78 | 24 (2026-10-30) | 75.79% | 1.92% | 1.16x |
| LVS | 35.0 | 1.36 | 38.78 | 59 (2026-12-18) | 73.53% | 3.89% | 1.13x |
| LVS | 35.0 | 0.83 | 38.78 | 39 (2026-11-20) | 77.52% | 2.37% | 1.12x |
| LVS | 35.0 | 0.23 | 38.78 | 14 (2026-10-16) | 87.62% | 0.66% | 1.11x |
| LVS | 37.5 | 3.05 | 38.78 | 124 (2027-03-19) | 60.77% | 8.13% | 1.10x |
| LVS | 35.0 | 1.48 | 38.78 | 79 (2027-01-15) | 72.94% | 4.23% | 1.10x |
| LVS | 36.0 | 0.06 | 38.78 | 4 (2026-10-02) | 93.10% | 0.17% | 1.08x |
| LVS | 32.5 | 0.41 | 38.78 | 39 (2026-11-20) | 87.77% | 1.26% | 1.07x |
| LVS | 32.5 | 0.82 | 38.78 | 79 (2027-01-15) | 83.05% | 2.52% | 1.07x |
| LVS | 34.0 | 0.1 | 38.78 | 14 (2026-10-16) | 93.10% | 0.29% | 1.05x |
| LVS | 20.0 | 0.13 | 38.78 | 59 (2026-12-18) | 97.82% | 0.65% | 1.03x |
| LVS | 32.5 | 0.05 | 38.78 | 14 (2026-10-16) | 96.64% | 0.15% | 1.03x |
| LVS | 27.5 | 0.14 | 38.78 | 59 (2026-12-18) | 96.11% | 0.51% | 1.02x |
| LVS | 25.0 | 0.13 | 38.78 | 79 (2027-01-15) | 96.86% | 0.52% | 1.02x |
| LVS | 22.5 | 0.07 | 38.78 | 59 (2026-12-18) | 98.32% | 0.31% | 1.01x |
| LVS | 20.0 | 0.05 | 38.78 | 79 (2027-01-15) | 98.94% | 0.25% | 1.01x |