Recommendation: NO
Current Price: $65.19
Total Wheels: 230
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 | 65.0 | 2.23 | 65.19 | 6 (2026-05-22) | 53.16% | 3.43% | 2.14x |
| TNA | 64.0 | 1.82 | 65.19 | 6 (2026-05-22) | 59.79% | 2.84% | 2.03x |
| TNA | 63.5 | 1.64 | 65.19 | 6 (2026-05-22) | 62.93% | 2.58% | 1.97x |
| TNA | 64.0 | 4.76 | 65.19 | 16 (2026-06-05) | 57.72% | 7.44% | 1.94x |
| TNA | 63.0 | 1.42 | 65.19 | 6 (2026-05-22) | 66.20% | 2.25% | 1.86x |
| TNA | 62.5 | 1.25 | 65.19 | 6 (2026-05-22) | 69.25% | 2.00% | 1.78x |
| TNA | 62.0 | 1.13 | 65.19 | 6 (2026-05-22) | 71.90% | 1.82% | 1.73x |
| TNA | 64.0 | 2.62 | 65.19 | 11 (2026-05-29) | 58.44% | 4.09% | 1.72x |
| TNA | 63.5 | 2.41 | 65.19 | 11 (2026-05-29) | 60.85% | 3.80% | 1.69x |
| TNA | 61.5 | 1.0 | 65.19 | 6 (2026-05-22) | 74.59% | 1.63% | 1.66x |
| TNA | 62.5 | 2.06 | 65.19 | 11 (2026-05-29) | 65.45% | 3.30% | 1.63x |
| TNA | 63.0 | 4.27 | 65.19 | 21 (2026-06-12) | 60.68% | 6.78% | 1.62x |
| TNA | 61.0 | 0.92 | 65.19 | 6 (2026-05-22) | 76.63% | 1.51% | 1.62x |
| TNA | 61.5 | 1.75 | 65.19 | 11 (2026-05-29) | 69.72% | 2.85% | 1.57x |
| TNA | 62.0 | 2.7 | 65.19 | 16 (2026-06-05) | 65.22% | 4.35% | 1.55x |
| TNA | 61.0 | 1.63 | 65.19 | 11 (2026-05-29) | 71.64% | 2.67% | 1.54x |
| TNA | 60.0 | 0.73 | 65.19 | 6 (2026-05-22) | 80.86% | 1.22% | 1.51x |
| TNA | 60.0 | 1.4 | 65.19 | 11 (2026-05-29) | 75.23% | 2.33% | 1.49x |
| TNA | 59.5 | 2.8 | 65.19 | 21 (2026-06-12) | 70.85% | 4.71% | 1.48x |
| TNA | 63.0 | 4.1 | 65.19 | 25 (2026-06-18) | 60.78% | 6.51% | 1.48x |
| TNA | 65.0 | 5.8 | 65.19 | 31 (2026-06-26) | 55.19% | 8.92% | 1.48x |
| TNA | 59.0 | 1.24 | 65.19 | 11 (2026-05-29) | 78.16% | 2.10% | 1.45x |
| TNA | 64.0 | 5.05 | 65.19 | 31 (2026-06-26) | 57.83% | 7.89% | 1.44x |
| TNA | 65.0 | 0.82 | 65.19 | 1 (2026-05-15) | 54.03% | 1.26% | 1.41x |
| TNA | 59.0 | 0.56 | 65.19 | 6 (2026-05-22) | 84.72% | 0.95% | 1.40x |
| TNA | 59.0 | 4.23 | 65.19 | 46 (2026-07-17) | 69.16% | 7.17% | 1.30x |
| TNA | 53.0 | 3.2 | 65.19 | 46 (2026-07-17) | 78.45% | 6.04% | 1.29x |
| TNA | 55.0 | 3.25 | 65.19 | 46 (2026-07-17) | 76.25% | 5.91% | 1.27x |
| TNA | 64.0 | 0.43 | 65.19 | 1 (2026-05-15) | 70.57% | 0.67% | 1.27x |
| TNA | 60.0 | 9.3 | 65.19 | 111 (2026-10-16) | 66.24% | 15.50% | 1.25x |
| TNA | 61.0 | 9.27 | 65.19 | 111 (2026-10-16) | 64.81% | 15.20% | 1.24x |
| TNA | 55.0 | 6.8 | 65.19 | 111 (2026-10-16) | 72.64% | 12.36% | 1.22x |
| TNA | 55.0 | 8.55 | 65.19 | 156 (2026-12-18) | 72.29% | 15.55% | 1.19x |
| TNA | 63.0 | 0.23 | 65.19 | 1 (2026-05-15) | 82.51% | 0.37% | 1.16x |
| TNA | 50.0 | 6.0 | 65.19 | 156 (2026-12-18) | 77.88% | 12.00% | 1.16x |
| TNA | 40.0 | 0.57 | 65.19 | 31 (2026-06-26) | 94.67% | 1.42% | 1.12x |
| TNA | 62.0 | 0.13 | 65.19 | 1 (2026-05-15) | 89.96% | 0.21% | 1.10x |
| TNA | 61.0 | 0.09 | 65.19 | 1 (2026-05-15) | 93.32% | 0.15% | 1.07x |
| TNA | 60.0 | 0.06 | 65.19 | 1 (2026-05-15) | 95.69% | 0.10% | 1.05x |
| TNA | 59.0 | 0.05 | 65.19 | 1 (2026-05-15) | 96.68% | 0.08% | 1.04x |
| TNA | 57.0 | 0.03 | 65.19 | 1 (2026-05-15) | 98.15% | 0.05% | 1.03x |
| TNA | 58.0 | 0.03 | 65.19 | 1 (2026-05-15) | 98.08% | 0.05% | 1.03x |
| TNA | 57.5 | 0.02 | 65.19 | 1 (2026-05-15) | 98.68% | 0.03% | 1.02x |