Recommendation: NO
Current Price: $144.57
Total Wheels: 23
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 |
|---|---|---|---|---|---|---|---|
| FAS | 142.0 | 3.0 | 144.57 | 4 (2025-05-09) | 61.10% | 2.11% | 1.91x |
| FAS | 143.0 | 3.1 | 144.57 | 4 (2025-05-09) | 57.82% | 2.17% | 1.87x |
| FAS | 140.0 | 2.1 | 144.57 | 4 (2025-05-09) | 69.09% | 1.50% | 1.68x |
| FAS | 143.0 | 4.7 | 144.57 | 9 (2025-05-16) | 56.55% | 3.29% | 1.67x |
| FAS | 141.0 | 4.1 | 144.57 | 9 (2025-05-16) | 61.79% | 2.91% | 1.65x |
| FAS | 144.0 | 2.6 | 144.57 | 4 (2025-05-09) | 54.22% | 1.81% | 1.63x |
| FAS | 135.0 | 3.0 | 144.57 | 9 (2025-05-16) | 73.50% | 2.22% | 1.57x |
| FAS | 144.0 | 16.0 | 144.57 | 34 (2025-06-20) | 56.34% | 11.11% | 1.57x |
| FAS | 140.0 | 3.3 | 144.57 | 9 (2025-05-16) | 65.28% | 2.36% | 1.53x |
| FAS | 137.0 | 1.51 | 144.57 | 4 (2025-05-09) | 77.21% | 1.10% | 1.53x |
| FAS | 138.0 | 1.5 | 144.57 | 4 (2025-05-09) | 75.97% | 1.09% | 1.51x |
| FAS | 133.0 | 2.16 | 144.57 | 9 (2025-05-16) | 78.44% | 1.62% | 1.43x |
| FAS | 134.0 | 2.13 | 144.57 | 9 (2025-05-16) | 77.60% | 1.59% | 1.41x |
| FAS | 136.0 | 1.08 | 144.57 | 4 (2025-05-09) | 81.44% | 0.79% | 1.38x |
| FAS | 135.0 | 0.85 | 144.57 | 4 (2025-05-09) | 84.49% | 0.63% | 1.31x |
| FAS | 130.0 | 6.64 | 144.57 | 34 (2025-06-20) | 71.84% | 5.11% | 1.31x |
| FAS | 125.0 | 1.99 | 144.57 | 14 (2025-05-23) | 84.37% | 1.59% | 1.27x |
| FAS | 120.0 | 4.53 | 144.57 | 34 (2025-06-20) | 80.52% | 3.77% | 1.25x |
| FAS | 100.0 | 5.31 | 144.57 | 54 (2025-07-18) | 86.09% | 5.31% | 1.23x |
| FAS | 130.0 | 17.85 | 144.57 | 119 (2025-10-17) | 68.02% | 13.73% | 1.21x |
| FAS | 115.0 | 5.75 | 144.57 | 54 (2025-07-18) | 80.94% | 5.00% | 1.20x |
| FAS | 95.0 | 3.25 | 144.57 | 54 (2025-07-18) | 89.85% | 3.42% | 1.15x |
| FAS | 140.0 | 24.0 | 144.57 | 184 (2026-01-16) | 62.37% | 17.14% | 1.15x |
| FAS | 120.0 | 16.7 | 144.57 | 184 (2026-01-16) | 73.43% | 13.92% | 1.14x |
| FAS | 100.0 | 7.65 | 144.57 | 119 (2025-10-17) | 84.10% | 7.65% | 1.14x |