Recommendation: NO
Current Price: $18.39
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 | 18.0 | 0.43 | 18.39 | 8 (2026-04-02) | 61.80% | 2.39% | 1.59x |
| PINS | 14.0 | 0.21 | 18.39 | 8 (2026-04-02) | 90.48% | 1.50% | 1.53x |
| PINS | 18.0 | 0.57 | 18.39 | 14 (2026-04-10) | 60.37% | 3.17% | 1.41x |
| PINS | 18.0 | 0.72 | 18.39 | 19 (2026-04-17) | 59.42% | 4.00% | 1.37x |
| PINS | 17.5 | 0.11 | 18.39 | 4 (2026-03-27) | 81.51% | 0.63% | 1.29x |
| PINS | 17.0 | 1.44 | 18.39 | 63 (2026-06-18) | 66.26% | 8.47% | 1.24x |
| PINS | 12.0 | 0.05 | 18.39 | 4 (2026-03-27) | 97.25% | 0.42% | 1.23x |
| PINS | 16.0 | 1.06 | 18.39 | 63 (2026-06-18) | 73.22% | 6.63% | 1.21x |
| PINS | 18.0 | 2.49 | 18.39 | 109 (2026-08-21) | 59.99% | 13.83% | 1.20x |
| PINS | 17.0 | 2.05 | 18.39 | 129 (2026-09-18) | 65.75% | 12.06% | 1.16x |
| PINS | 13.0 | 0.06 | 18.39 | 19 (2026-04-17) | 96.38% | 0.46% | 1.06x |
| PINS | 13.0 | 0.01 | 18.39 | 4 (2026-03-27) | 99.25% | 0.08% | 1.04x |
| PINS | 9.0 | 0.08 | 18.39 | 63 (2026-06-18) | 97.55% | 0.89% | 1.04x |