Recommendation: NO
Current Price: $54.90
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 | 42.5 | 2.3 | 54.90 | 19 (2026-04-17) | 81.72% | 5.41% | 1.78x |
| LVS | 49.5 | 0.11 | 54.90 | 4 (2026-03-27) | 93.65% | 0.22% | 1.11x |
| LVS | 52.5 | 4.35 | 54.90 | 129 (2026-09-18) | 62.38% | 8.29% | 1.10x |
| LVS | 47.5 | 0.08 | 54.90 | 4 (2026-03-27) | 95.82% | 0.17% | 1.08x |
| LVS | 42.5 | 1.62 | 54.90 | 129 (2026-09-18) | 84.15% | 3.81% | 1.06x |
| LVS | 50.0 | 0.05 | 54.90 | 4 (2026-03-27) | 95.76% | 0.10% | 1.05x |
| LVS | 32.5 | 0.46 | 54.90 | 129 (2026-09-18) | 95.12% | 1.42% | 1.03x |