Recommendation: NO
Current Price: $27.48
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 | 27.0 | 1.53 | 27.48 | 4 (2025-05-09) E | 57.55% | 5.67% | 5.04x |
| PINS | 26.5 | 1.31 | 27.48 | 4 (2025-05-09) E | 61.96% | 4.94% | 4.57x |
| PINS | 26.0 | 1.12 | 27.48 | 4 (2025-05-09) E | 66.19% | 4.31% | 4.12x |
| PINS | 25.5 | 0.94 | 27.48 | 4 (2025-05-09) E | 70.29% | 3.69% | 3.63x |
| PINS | 25.0 | 0.81 | 27.48 | 4 (2025-05-09) E | 73.89% | 3.24% | 3.29x |
| PINS | 26.5 | 1.73 | 27.48 | 9 (2025-05-16) E | 61.07% | 6.53% | 2.99x |
| PINS | 24.5 | 0.68 | 27.48 | 4 (2025-05-09) E | 77.38% | 2.78% | 2.92x |
| PINS | 27.0 | 1.7 | 27.48 | 9 (2025-05-16) E | 57.51% | 6.30% | 2.71x |
| PINS | 26.0 | 1.27 | 27.48 | 9 (2025-05-16) E | 65.46% | 4.88% | 2.41x |
| PINS | 24.0 | 0.52 | 27.48 | 4 (2025-05-09) E | 81.15% | 2.17% | 2.41x |
| PINS | 23.5 | 0.44 | 27.48 | 4 (2025-05-09) E | 83.84% | 1.87% | 2.19x |
| PINS | 24.5 | 0.9 | 27.48 | 9 (2025-05-16) E | 75.31% | 3.67% | 2.15x |
| PINS | 25.0 | 0.91 | 27.48 | 9 (2025-05-16) E | 73.00% | 3.64% | 2.08x |
| PINS | 26.0 | 1.59 | 27.48 | 14 (2025-05-23) E | 64.38% | 6.12% | 2.00x |
| PINS | 23.0 | 0.35 | 27.48 | 4 (2025-05-09) E | 86.68% | 1.52% | 1.94x |
| PINS | 24.0 | 0.64 | 27.48 | 9 (2025-05-16) E | 79.50% | 2.67% | 1.80x |
| PINS | 22.5 | 0.27 | 27.48 | 4 (2025-05-09) E | 89.21% | 1.20% | 1.71x |
| PINS | 23.5 | 0.54 | 27.48 | 9 (2025-05-16) E | 82.25% | 2.30% | 1.69x |
| PINS | 24.0 | 0.87 | 27.48 | 14 (2025-05-23) E | 77.07% | 3.62% | 1.64x |
| PINS | 23.0 | 0.45 | 27.48 | 9 (2025-05-16) E | 84.90% | 1.96% | 1.59x |
| PINS | 25.0 | 1.22 | 27.48 | 19 (2025-05-30) E | 70.85% | 4.88% | 1.57x |
| PINS | 22.5 | 0.38 | 27.48 | 9 (2025-05-16) E | 86.98% | 1.69% | 1.50x |
| PINS | 27.0 | 2.06 | 27.48 | 34 (2025-06-20) E | 57.67% | 7.63% | 1.38x |
| PINS | 22.0 | 0.45 | 27.48 | 14 (2025-05-23) E | 86.76% | 2.05% | 1.37x |
| PINS | 25.0 | 1.35 | 27.48 | 34 (2025-06-20) E | 70.23% | 5.40% | 1.32x |
| PINS | 22.0 | 0.49 | 27.48 | 19 (2025-05-30) E | 86.13% | 2.23% | 1.29x |
| PINS | 24.0 | 1.0 | 27.48 | 34 (2025-06-20) E | 76.27% | 4.17% | 1.26x |
| PINS | 25.0 | 2.33 | 27.48 | 74 (2025-08-15) E | 67.62% | 9.32% | 1.23x |
| PINS | 23.0 | 1.77 | 27.48 | 74 (2025-08-15) E | 75.19% | 7.70% | 1.21x |
| PINS | 23.0 | 0.73 | 27.48 | 34 (2025-06-20) E | 81.33% | 3.17% | 1.21x |
| PINS | 27.0 | 3.5 | 27.48 | 99 (2025-09-19) E | 59.16% | 12.96% | 1.21x |
| PINS | 26.0 | 2.96 | 27.48 | 99 (2025-09-19) E | 63.34% | 11.38% | 1.19x |
| PINS | 24.0 | 2.21 | 27.48 | 99 (2025-09-19) E | 71.26% | 9.21% | 1.18x |
| PINS | 22.0 | 1.28 | 27.48 | 74 (2025-08-15) E | 79.60% | 5.82% | 1.17x |
| PINS | 25.0 | 3.32 | 27.48 | 144 (2025-11-21) E | 67.15% | 13.28% | 1.16x |
| PINS | 24.0 | 2.8 | 27.48 | 144 (2025-11-21) E | 70.51% | 11.67% | 1.15x |
| PINS | 18.0 | 0.76 | 27.48 | 74 (2025-08-15) E | 88.84% | 4.22% | 1.13x |
| PINS | 20.0 | 0.83 | 27.48 | 74 (2025-08-15) E | 85.90% | 4.15% | 1.13x |
| PINS | 20.0 | 1.07 | 27.48 | 99 (2025-09-19) E | 84.38% | 5.35% | 1.12x |
| PINS | 20.0 | 0.31 | 27.48 | 34 (2025-06-20) E | 91.49% | 1.55% | 1.11x |
| PINS | 19.0 | 1.17 | 27.48 | 144 (2025-11-21) E | 85.33% | 6.16% | 1.09x |