Recommendation: HV
Current Price: $257.97
Total Wheels: 13
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 | 255.0 | 15.6 | 257.97 | 4 (2026-07-02) | 56.09% | 6.12% | 5.48x |
| BE | 250.0 | 13.2 | 257.97 | 4 (2026-07-02) | 60.73% | 5.28% | 4.91x |
| BE | 245.0 | 10.15 | 257.97 | 4 (2026-07-02) | 65.78% | 4.14% | 3.88x |
| BE | 255.0 | 21.4 | 257.97 | 10 (2026-07-10) | 56.55% | 8.39% | 3.22x |
| BE | 250.0 | 19.4 | 257.97 | 10 (2026-07-10) | 59.97% | 7.76% | 3.15x |
| BE | 250.0 | 24.25 | 257.97 | 15 (2026-07-17) | 60.00% | 9.70% | 2.59x |
| BE | 240.0 | 13.65 | 257.97 | 10 (2026-07-10) | 67.10% | 5.69% | 2.57x |
| BE | 237.5 | 12.6 | 257.97 | 10 (2026-07-10) | 68.84% | 5.31% | 2.47x |
| BE | 240.0 | 24.95 | 257.97 | 20 (2026-07-24) | 64.97% | 10.40% | 2.28x |
| BE | 250.0 | 34.35 | 257.97 | 25 (2026-07-31) | 60.81% | 13.74% | 2.25x |
| BE | 240.0 | 29.3 | 257.97 | 25 (2026-07-31) | 64.87% | 12.21% | 2.16x |
| BE | 235.0 | 26.75 | 257.97 | 25 (2026-07-31) | 66.90% | 11.38% | 2.10x |
| BE | 230.0 | 24.55 | 257.97 | 25 (2026-07-31) | 68.90% | 10.67% | 2.04x |
| BE | 227.5 | 23.35 | 257.97 | 25 (2026-07-31) | 69.92% | 10.26% | 2.01x |
| BE | 250.0 | 45.2 | 257.97 | 40 (2026-08-21) | 62.23% | 18.08% | 1.96x |
| BE | 240.0 | 39.05 | 257.97 | 40 (2026-08-21) | 65.30% | 16.27% | 1.89x |
| BE | 230.0 | 33.9 | 257.97 | 40 (2026-08-21) | 68.49% | 14.74% | 1.83x |
| BE | 220.0 | 29.0 | 257.97 | 40 (2026-08-21) | 71.67% | 13.18% | 1.77x |
| BE | 250.0 | 53.4 | 257.97 | 60 (2026-09-18) | 63.51% | 21.36% | 1.71x |
| BE | 210.0 | 24.7 | 257.97 | 40 (2026-08-21) | 74.81% | 11.76% | 1.70x |
| BE | 240.0 | 47.75 | 257.97 | 60 (2026-09-18) | 66.15% | 19.90% | 1.68x |
| BE | 230.0 | 41.6 | 257.97 | 60 (2026-09-18) | 68.77% | 18.09% | 1.64x |
| BE | 195.0 | 19.15 | 257.97 | 40 (2026-08-21) | 79.31% | 9.82% | 1.60x |
| BE | 220.0 | 36.3 | 257.97 | 60 (2026-09-18) | 71.47% | 16.50% | 1.60x |
| BE | 190.0 | 17.45 | 257.97 | 40 (2026-08-21) | 80.76% | 9.18% | 1.57x |
| BE | 250.0 | 59.45 | 257.97 | 80 (2026-10-16) | 64.51% | 23.78% | 1.57x |
| BE | 210.0 | 31.55 | 257.97 | 60 (2026-09-18) | 74.18% | 15.02% | 1.56x |
| BE | 240.0 | 53.5 | 257.97 | 80 (2026-10-16) | 66.85% | 22.29% | 1.55x |
| BE | 185.0 | 15.85 | 257.97 | 40 (2026-08-21) | 82.16% | 8.57% | 1.54x |
| BE | 230.0 | 47.9 | 257.97 | 80 (2026-10-16) | 69.24% | 20.83% | 1.53x |
| BE | 180.0 | 14.75 | 257.97 | 40 (2026-08-21) | 83.38% | 8.19% | 1.52x |
| BE | 200.0 | 27.05 | 257.97 | 60 (2026-09-18) | 76.87% | 13.53% | 1.52x |
| BE | 250.0 | 68.25 | 257.97 | 105 (2026-11-20) | 66.02% | 27.30% | 1.49x |
| BE | 190.0 | 23.55 | 257.97 | 60 (2026-09-18) | 79.41% | 12.39% | 1.48x |
| BE | 240.0 | 62.2 | 257.97 | 105 (2026-11-20) | 68.05% | 25.92% | 1.48x |
| BE | 220.0 | 50.9 | 257.97 | 105 (2026-11-20) | 72.19% | 23.14% | 1.45x |
| BE | 200.0 | 32.65 | 257.97 | 80 (2026-10-16) | 76.45% | 16.33% | 1.45x |
| BE | 185.0 | 20.8 | 257.97 | 60 (2026-09-18) | 80.86% | 11.24% | 1.44x |
| BE | 180.0 | 19.8 | 257.97 | 60 (2026-09-18) | 81.94% | 11.00% | 1.44x |
| BE | 250.0 | 73.05 | 257.97 | 125 (2026-12-18) | 66.88% | 29.22% | 1.43x |
| BE | 210.0 | 45.35 | 257.97 | 105 (2026-11-20) | 74.26% | 21.60% | 1.43x |
| BE | 240.0 | 66.9 | 257.97 | 125 (2026-12-18) | 68.76% | 27.87% | 1.42x |
| BE | 230.0 | 61.05 | 257.97 | 125 (2026-12-18) | 70.68% | 26.54% | 1.41x |
| BE | 200.0 | 40.35 | 257.97 | 105 (2026-11-20) | 76.35% | 20.18% | 1.41x |
| BE | 185.0 | 4.05 | 257.97 | 15 (2026-07-17) | 90.03% | 2.19% | 1.39x |
| BE | 200.0 | 44.65 | 257.97 | 125 (2026-12-18) | 76.48% | 22.33% | 1.37x |