Recommendation: NO
Current Price: $46.41
Total Wheels: 5
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 | 46.0 | 0.67 | 46.41 | 4 (2025-05-09) | 58.49% | 1.46% | 1.53x |
| CCJ | 45.5 | 0.53 | 46.41 | 4 (2025-05-09) | 66.37% | 1.16% | 1.47x |
| CCJ | 46.0 | 1.1 | 46.41 | 9 (2025-05-16) | 56.54% | 2.39% | 1.46x |
| CCJ | 45.0 | 0.8 | 46.41 | 9 (2025-05-16) | 67.15% | 1.78% | 1.39x |
| CCJ | 45.0 | 0.36 | 46.41 | 4 (2025-05-09) | 74.39% | 0.80% | 1.35x |
| CCJ | 44.0 | 0.87 | 46.41 | 14 (2025-05-23) | 71.85% | 1.98% | 1.29x |
| CCJ | 44.5 | 0.28 | 46.41 | 4 (2025-05-09) | 79.79% | 0.63% | 1.29x |
| CCJ | 44.0 | 0.51 | 46.41 | 9 (2025-05-16) | 76.75% | 1.16% | 1.28x |
| CCJ | 45.0 | 1.54 | 46.41 | 24 (2025-06-06) | 62.64% | 3.42% | 1.25x |
| CCJ | 46.0 | 2.31 | 46.41 | 34 (2025-06-20) | 55.57% | 5.02% | 1.23x |
| CCJ | 44.0 | 0.21 | 46.41 | 4 (2025-05-09) | 84.45% | 0.48% | 1.22x |
| CCJ | 45.0 | 2.0 | 46.41 | 34 (2025-06-20) | 61.32% | 4.44% | 1.22x |
| CCJ | 43.0 | 0.34 | 46.41 | 9 (2025-05-16) | 83.71% | 0.79% | 1.20x |
| CCJ | 44.0 | 1.6 | 46.41 | 34 (2025-06-20) | 66.95% | 3.64% | 1.20x |
| CCJ | 43.0 | 0.98 | 46.41 | 24 (2025-06-06) | 74.58% | 2.28% | 1.19x |
| CCJ | 43.0 | 1.27 | 46.41 | 34 (2025-06-20) | 72.41% | 2.95% | 1.17x |
| CCJ | 43.5 | 0.15 | 46.41 | 4 (2025-05-09) | 88.54% | 0.34% | 1.17x |
| CCJ | 42.0 | 0.94 | 46.41 | 29 (2025-06-13) | 77.63% | 2.24% | 1.16x |
| CCJ | 42.0 | 1.05 | 46.41 | 34 (2025-06-20) | 76.75% | 2.50% | 1.15x |
| CCJ | 41.0 | 0.5 | 46.41 | 19 (2025-05-30) | 85.54% | 1.22% | 1.15x |
| CCJ | 45.0 | 6.4 | 46.41 | 164 (2025-12-19) E | 61.34% | 14.22% | 1.14x |
| CCJ | 45.0 | 3.83 | 46.41 | 99 (2025-09-19) E | 60.23% | 8.51% | 1.14x |
| CCJ | 41.0 | 0.84 | 46.41 | 34 (2025-06-20) | 80.77% | 2.05% | 1.13x |
| CCJ | 43.0 | 3.07 | 46.41 | 99 (2025-09-19) E | 66.78% | 7.14% | 1.13x |
| CCJ | 43.0 | 0.1 | 46.41 | 4 (2025-05-09) | 94.32% | 0.23% | 1.12x |
| CCJ | 40.0 | 0.68 | 46.41 | 34 (2025-06-20) | 84.09% | 1.70% | 1.11x |
| CCJ | 43.0 | 5.0 | 46.41 | 184 (2026-01-16) E | 65.71% | 11.63% | 1.11x |
| CCJ | 46.0 | 5.95 | 46.41 | 184 (2026-01-16) E | 58.39% | 12.93% | 1.10x |
| CCJ | 40.0 | 2.1 | 46.41 | 99 (2025-09-19) E | 75.44% | 5.25% | 1.10x |
| CCJ | 39.0 | 0.59 | 46.41 | 34 (2025-06-20) | 86.48% | 1.51% | 1.10x |
| CCJ | 42.0 | 4.3 | 46.41 | 184 (2026-01-16) E | 68.12% | 10.24% | 1.10x |
| CCJ | 39.0 | 1.81 | 46.41 | 99 (2025-09-19) E | 78.32% | 4.64% | 1.10x |
| CCJ | 42.5 | 0.08 | 46.41 | 4 (2025-05-09) | 93.52% | 0.19% | 1.09x |
| CCJ | 40.0 | 0.29 | 46.41 | 19 (2025-05-30) | 89.95% | 0.72% | 1.09x |
| CCJ | 40.0 | 3.15 | 46.41 | 164 (2025-12-19) E | 73.16% | 7.88% | 1.09x |
| CCJ | 38.0 | 0.49 | 46.41 | 34 (2025-06-20) | 88.74% | 1.29% | 1.09x |
| CCJ | 40.0 | 3.45 | 46.41 | 184 (2026-01-16) E | 72.73% | 8.63% | 1.09x |
| CCJ | 37.0 | 1.33 | 46.41 | 99 (2025-09-19) E | 83.18% | 3.59% | 1.08x |
| CCJ | 38.0 | 0.35 | 46.41 | 29 (2025-06-13) | 90.61% | 0.92% | 1.07x |
| CCJ | 40.0 | 0.1 | 46.41 | 9 (2025-05-16) | 94.13% | 0.25% | 1.07x |
| CCJ | 37.0 | 0.35 | 46.41 | 34 (2025-06-20) | 91.49% | 0.95% | 1.07x |
| CCJ | 41.5 | 0.04 | 46.41 | 4 (2025-05-09) | 96.82% | 0.10% | 1.05x |