Recommendation: NO
Current Price: $113.63
Total Wheels: 7
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 |
|---|---|---|---|---|---|---|---|
| CCJ | 113.0 | 4.25 | 113.63 | 5 (2026-02-13) | 54.26% | 3.76% | 2.77x |
| CCJ | 110.0 | 3.0 | 113.63 | 5 (2026-02-13) | 64.37% | 2.73% | 2.40x |
| CCJ | 109.0 | 2.63 | 113.63 | 5 (2026-02-13) | 67.59% | 2.41% | 2.26x |
| CCJ | 110.0 | 3.9 | 113.63 | 10 (2026-02-20) | 62.75% | 3.55% | 1.74x |
| CCJ | 113.0 | 6.45 | 113.63 | 15 (2026-02-27) | 54.57% | 5.71% | 1.67x |
| CCJ | 105.0 | 2.28 | 113.63 | 10 (2026-02-20) | 75.29% | 2.17% | 1.50x |
| CCJ | 110.0 | 7.05 | 113.63 | 30 (2026-03-20) | 60.54% | 6.41% | 1.38x |
| CCJ | 105.0 | 5.0 | 113.63 | 30 (2026-03-20) | 69.18% | 4.76% | 1.31x |
| CCJ | 110.0 | 12.8 | 113.63 | 94 (2026-06-18) | 60.70% | 11.64% | 1.20x |
| CCJ | 105.0 | 10.3 | 113.63 | 94 (2026-06-18) | 65.99% | 9.81% | 1.18x |
| CCJ | 95.0 | 2.24 | 113.63 | 30 (2026-03-20) | 83.57% | 2.36% | 1.18x |
| CCJ | 100.0 | 8.4 | 113.63 | 94 (2026-06-18) | 71.07% | 8.40% | 1.17x |
| CCJ | 95.0 | 6.65 | 113.63 | 94 (2026-06-18) | 75.85% | 7.00% | 1.15x |
| CCJ | 90.0 | 11.15 | 113.63 | 245 (2027-01-15) | 76.36% | 12.39% | 1.10x |