Recommendation: NO
Current Price: $18.95
Total Wheels: 10
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 |
|---|---|---|---|---|---|---|---|
| PINS | 18.5 | 0.16 | 18.95 | 4 (2026-11-13) | 71.20% | 0.86% | 1.36x |
| PINS | 18.5 | 0.63 | 18.95 | 19 (2026-12-04) | 60.81% | 3.41% | 1.31x |
| PINS | 18.0 | 0.66 | 18.95 | 29 (2026-12-18) | 66.67% | 3.67% | 1.23x |
| PINS | 18.0 | 1.42 | 18.95 | 74 (2027-02-19) | 63.20% | 7.89% | 1.18x |
| PINS | 15.0 | 0.05 | 18.95 | 4 (2026-11-13) | 95.60% | 0.33% | 1.17x |
| PINS | 10.0 | 0.05 | 18.95 | 74 (2027-02-19) | 98.15% | 0.50% | 1.02x |
| PINS | 5.0 | 0.03 | 18.95 | 94 (2027-03-19) | 99.34% | 0.60% | 1.02x |
| PINS | 10.0 | 0.03 | 18.95 | 49 (2027-01-15) | 98.58% | 0.30% | 1.02x |