Recommendation: NO
Current Price: $69.72
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 | 69.0 | 1.6 | 69.72 | 8 (2025-07-03) | 57.43% | 2.32% | 1.52x |
CCJ | 69.0 | 0.93 | 69.72 | 4 (2025-06-27) | 60.00% | 1.35% | 1.50x |
CCJ | 68.0 | 1.1 | 69.72 | 8 (2025-07-03) | 65.99% | 1.62% | 1.40x |
CCJ | 68.0 | 0.56 | 69.72 | 4 (2025-06-27) | 71.91% | 0.82% | 1.35x |
CCJ | 67.0 | 1.58 | 69.72 | 14 (2025-07-11) | 67.38% | 2.36% | 1.33x |
CCJ | 68.0 | 1.69 | 69.72 | 14 (2025-07-11) | 62.82% | 2.49% | 1.32x |
CCJ | 67.0 | 0.78 | 69.72 | 8 (2025-07-03) | 73.53% | 1.16% | 1.31x |
CCJ | 68.0 | 2.47 | 69.72 | 24 (2025-07-25) | 60.80% | 3.63% | 1.26x |
CCJ | 67.0 | 0.32 | 69.72 | 4 (2025-06-27) | 81.85% | 0.48% | 1.22x |
CCJ | 65.0 | 2.5 | 69.72 | 39 (2025-08-15) E | 69.56% | 3.85% | 1.19x |
CCJ | 65.0 | 1.4 | 69.72 | 24 (2025-07-25) | 74.18% | 2.15% | 1.18x |
CCJ | 65.0 | 1.06 | 69.72 | 19 (2025-07-18) | 76.53% | 1.63% | 1.18x |
CCJ | 65.0 | 0.38 | 69.72 | 8 (2025-07-03) | 85.27% | 0.58% | 1.17x |
CCJ | 65.0 | 3.64 | 69.72 | 64 (2025-09-19) E | 67.10% | 5.60% | 1.16x |
CCJ | 66.0 | 0.2 | 69.72 | 4 (2025-06-27) | 87.37% | 0.30% | 1.14x |
CCJ | 64.0 | 0.55 | 69.72 | 14 (2025-07-11) | 84.05% | 0.86% | 1.14x |
CCJ | 61.0 | 0.49 | 69.72 | 14 (2025-07-11) | 88.45% | 0.80% | 1.14x |
CCJ | 62.0 | 0.87 | 69.72 | 24 (2025-07-25) | 83.23% | 1.40% | 1.13x |
CCJ | 65.0 | 5.81 | 69.72 | 129 (2025-12-19) E | 65.36% | 8.94% | 1.12x |
CCJ | 60.0 | 1.24 | 69.72 | 39 (2025-08-15) E | 82.74% | 2.07% | 1.12x |
CCJ | 60.0 | 0.86 | 69.72 | 29 (2025-08-01) E | 85.46% | 1.43% | 1.11x |
CCJ | 60.0 | 2.07 | 69.72 | 64 (2025-09-19) E | 78.76% | 3.45% | 1.11x |
CCJ | 65.0 | 0.14 | 69.72 | 4 (2025-06-27) | 91.51% | 0.22% | 1.10x |
CCJ | 64.0 | 0.13 | 69.72 | 4 (2025-06-27) | 92.99% | 0.20% | 1.10x |
CCJ | 60.0 | 3.96 | 69.72 | 129 (2025-12-19) E | 74.24% | 6.60% | 1.10x |
CCJ | 60.0 | 4.41 | 69.72 | 149 (2026-01-16) E | 73.63% | 7.35% | 1.09x |
CCJ | 55.0 | 3.04 | 69.72 | 149 (2026-01-16) E | 80.79% | 5.53% | 1.08x |
CCJ | 55.0 | 2.56 | 69.72 | 129 (2025-12-19) E | 81.93% | 4.65% | 1.08x |
CCJ | 55.0 | 1.03 | 69.72 | 64 (2025-09-19) E | 87.95% | 1.87% | 1.07x |
CCJ | 60.0 | 0.31 | 69.72 | 19 (2025-07-18) | 91.76% | 0.52% | 1.06x |
CCJ | 62.0 | 0.13 | 69.72 | 8 (2025-07-03) | 94.37% | 0.21% | 1.06x |
CCJ | 55.0 | 0.52 | 69.72 | 39 (2025-08-15) E | 91.77% | 0.95% | 1.06x |
CCJ | 50.0 | 1.83 | 69.72 | 149 (2026-01-16) E | 87.21% | 3.66% | 1.05x |
CCJ | 47.0 | 1.63 | 69.72 | 149 (2026-01-16) E | 89.23% | 3.47% | 1.05x |
CCJ | 49.0 | 1.5 | 69.72 | 149 (2026-01-16) E | 88.71% | 3.06% | 1.05x |
CCJ | 46.0 | 1.35 | 69.72 | 149 (2026-01-16) E | 90.57% | 2.93% | 1.05x |
CCJ | 46.0 | 1.07 | 69.72 | 129 (2025-12-19) E | 91.66% | 2.33% | 1.04x |
CCJ | 49.0 | 0.55 | 69.72 | 64 (2025-09-19) E | 93.57% | 1.12% | 1.04x |
CCJ | 50.0 | 0.49 | 69.72 | 64 (2025-09-19) E | 93.74% | 0.98% | 1.04x |
CCJ | 48.0 | 0.38 | 69.72 | 64 (2025-09-19) E | 95.13% | 0.79% | 1.03x |
CCJ | 55.0 | 0.09 | 69.72 | 19 (2025-07-18) | 97.35% | 0.16% | 1.02x |
CCJ | 50.0 | 0.04 | 69.72 | 19 (2025-07-18) | 98.85% | 0.08% | 1.01x |
CCJ | 62.0 | 0.01 | 69.72 | 4 (2025-06-27) | 99.22% | 0.02% | 1.01x |