Recommendation: NO
Current Price: $44.95
Total Wheels: 220
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 |
|---|---|---|---|---|---|---|---|
| TNA | 44.5 | 2.86 | 44.95 | 8 (2026-04-02) | 55.80% | 6.43% | 3.03x |
| TNA | 44.0 | 2.68 | 44.95 | 8 (2026-04-02) | 58.33% | 6.09% | 3.00x |
| TNA | 44.5 | 1.72 | 44.95 | 4 (2026-03-27) | 55.88% | 3.87% | 2.94x |
| TNA | 43.5 | 2.48 | 44.95 | 8 (2026-04-02) | 60.79% | 5.70% | 2.92x |
| TNA | 43.0 | 2.29 | 44.95 | 8 (2026-04-02) | 63.17% | 5.33% | 2.84x |
| TNA | 42.5 | 2.11 | 44.95 | 8 (2026-04-02) | 65.49% | 4.96% | 2.74x |
| TNA | 44.0 | 1.46 | 44.95 | 4 (2026-03-27) | 60.01% | 3.32% | 2.70x |
| TNA | 42.0 | 1.94 | 44.95 | 8 (2026-04-02) | 67.74% | 4.62% | 2.64x |
| TNA | 41.5 | 1.78 | 44.95 | 8 (2026-04-02) | 69.89% | 4.29% | 2.54x |
| TNA | 43.0 | 1.16 | 44.95 | 4 (2026-03-27) | 67.31% | 2.70% | 2.48x |
| TNA | 41.0 | 1.63 | 44.95 | 8 (2026-04-02) | 72.01% | 3.98% | 2.43x |
| TNA | 40.5 | 1.49 | 44.95 | 8 (2026-04-02) | 73.98% | 3.68% | 2.33x |
| TNA | 40.0 | 1.35 | 44.95 | 8 (2026-04-02) | 75.93% | 3.38% | 2.22x |
| TNA | 44.0 | 3.4 | 44.95 | 14 (2026-04-10) | 58.27% | 7.73% | 2.21x |
| TNA | 42.0 | 0.86 | 44.95 | 4 (2026-03-27) | 74.10% | 2.05% | 2.14x |
| TNA | 42.0 | 2.68 | 44.95 | 14 (2026-04-10) | 65.96% | 6.38% | 2.10x |
| TNA | 43.5 | 2.79 | 44.95 | 14 (2026-04-10) | 60.52% | 6.41% | 1.98x |
| TNA | 41.5 | 0.73 | 44.95 | 4 (2026-03-27) | 77.25% | 1.76% | 1.97x |
| TNA | 44.0 | 3.9 | 44.95 | 19 (2026-04-17) | 58.41% | 8.86% | 1.95x |
| TNA | 43.0 | 3.45 | 44.95 | 19 (2026-04-17) | 61.97% | 8.02% | 1.90x |
| TNA | 42.0 | 3.1 | 44.95 | 19 (2026-04-17) | 65.32% | 7.38% | 1.87x |
| TNA | 41.0 | 2.8 | 44.95 | 19 (2026-04-17) | 68.56% | 6.83% | 1.83x |
| TNA | 41.0 | 0.62 | 44.95 | 4 (2026-03-27) | 80.01% | 1.51% | 1.83x |
| TNA | 40.0 | 2.48 | 44.95 | 19 (2026-04-17) | 71.57% | 6.20% | 1.78x |
| TNA | 40.5 | 0.52 | 44.95 | 4 (2026-03-27) | 82.71% | 1.28% | 1.70x |
| TNA | 42.0 | 3.3 | 44.95 | 24 (2026-04-24) | 65.12% | 7.86% | 1.69x |
| TNA | 40.0 | 2.84 | 44.95 | 24 (2026-04-24) | 70.80% | 7.10% | 1.67x |
| TNA | 38.0 | 1.93 | 44.95 | 19 (2026-04-17) | 77.11% | 5.08% | 1.66x |
| TNA | 37.0 | 1.69 | 44.95 | 19 (2026-04-17) | 79.61% | 4.57% | 1.61x |
| TNA | 40.0 | 0.42 | 44.95 | 4 (2026-03-27) | 85.36% | 1.05% | 1.57x |
| TNA | 44.0 | 5.3 | 44.95 | 39 (2026-05-15) | 59.16% | 12.05% | 1.56x |
| TNA | 43.0 | 4.85 | 44.95 | 39 (2026-05-15) | 61.90% | 11.28% | 1.55x |
| TNA | 36.0 | 1.46 | 44.95 | 19 (2026-04-17) | 82.01% | 4.06% | 1.54x |
| TNA | 35.0 | 0.92 | 44.95 | 14 (2026-04-10) | 86.29% | 2.63% | 1.50x |
| TNA | 35.0 | 1.26 | 44.95 | 19 (2026-04-17) | 84.19% | 3.60% | 1.49x |
| TNA | 39.0 | 3.1 | 44.95 | 39 (2026-05-15) | 72.31% | 7.95% | 1.43x |
| TNA | 40.0 | 5.4 | 44.95 | 84 (2026-07-17) | 68.75% | 13.50% | 1.31x |
| TNA | 35.0 | 3.65 | 44.95 | 84 (2026-07-17) | 77.69% | 10.43% | 1.26x |