Recommendation: HV
Current Price: $276.52
Total Wheels: 8
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 |
|---|---|---|---|---|---|---|---|
| BE | 267.5 | 17.0 | 276.52 | 13 (2026-05-29) | 60.60% | 6.36% | 2.08x |
| BE | 257.5 | 13.1 | 276.52 | 13 (2026-05-29) | 67.62% | 5.09% | 1.93x |
| BE | 270.0 | 29.0 | 276.52 | 27 (2026-06-18) | 59.15% | 10.74% | 1.78x |
| BE | 255.0 | 20.0 | 276.52 | 23 (2026-06-12) | 66.69% | 7.84% | 1.75x |
| BE | 260.0 | 25.0 | 276.52 | 27 (2026-06-18) | 63.93% | 9.62% | 1.75x |
| BE | 260.0 | 3.7 | 276.52 | 3 (2026-05-15) | 76.30% | 1.42% | 1.72x |
| BE | 240.0 | 19.6 | 276.52 | 33 (2026-06-26) | 72.18% | 8.17% | 1.55x |
| BE | 260.0 | 34.9 | 276.52 | 48 (2026-07-17) | 63.97% | 13.42% | 1.54x |
| BE | 250.0 | 30.05 | 276.52 | 48 (2026-07-17) | 67.54% | 12.02% | 1.51x |
| BE | 240.0 | 26.9 | 276.52 | 48 (2026-07-17) | 70.90% | 11.21% | 1.49x |
| BE | 260.0 | 48.1 | 276.52 | 73 (2026-08-21) | 65.01% | 18.50% | 1.48x |
| BE | 250.0 | 42.2 | 276.52 | 73 (2026-08-21) | 67.68% | 16.88% | 1.45x |
| BE | 240.0 | 36.7 | 276.52 | 73 (2026-08-21) | 70.41% | 15.29% | 1.42x |
| BE | 230.0 | 33.1 | 276.52 | 73 (2026-08-21) | 73.08% | 14.39% | 1.41x |
| BE | 260.0 | 53.5 | 276.52 | 93 (2026-09-18) | 65.63% | 20.58% | 1.41x |
| BE | 240.0 | 43.25 | 276.52 | 93 (2026-09-18) | 70.53% | 18.02% | 1.38x |
| BE | 195.0 | 22.8 | 276.52 | 93 (2026-09-18) | 81.34% | 11.69% | 1.28x |
| BE | 190.0 | 16.6 | 276.52 | 73 (2026-08-21) | 83.60% | 8.74% | 1.28x |