Recommendation: NO
Current Price: $19.63
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 | 15.0 | 0.23 | 19.63 | 8 (2026-05-22) | 90.18% | 1.53% | 1.54x |
| PINS | 15.5 | 0.24 | 19.63 | 8 (2026-05-22) | 88.96% | 1.55% | 1.54x |
| PINS | 19.5 | 0.35 | 19.63 | 13 (2026-05-29) | 56.08% | 1.79% | 1.21x |
| PINS | 19.0 | 1.74 | 19.63 | 93 (2026-09-18) | 60.42% | 9.16% | 1.16x |
| PINS | 18.0 | 1.11 | 19.63 | 73 (2026-08-21) | 68.61% | 6.17% | 1.15x |
| PINS | 11.0 | 0.45 | 19.63 | 73 (2026-08-21) | 91.98% | 4.09% | 1.14x |
| PINS | 17.0 | 0.81 | 19.63 | 73 (2026-08-21) | 75.85% | 4.76% | 1.13x |
| PINS | 18.0 | 0.29 | 19.63 | 27 (2026-06-18) | 78.94% | 1.61% | 1.13x |
| PINS | 14.0 | 1.0 | 19.63 | 138 (2026-11-20) | 83.56% | 7.14% | 1.11x |
| PINS | 17.0 | 0.16 | 19.63 | 27 (2026-06-18) | 87.98% | 0.94% | 1.08x |
| PINS | 16.0 | 0.04 | 19.63 | 8 (2026-05-22) | 95.94% | 0.25% | 1.08x |
| PINS | 16.5 | 0.04 | 19.63 | 8 (2026-05-22) | 95.73% | 0.24% | 1.08x |
| PINS | 15.5 | 0.02 | 19.63 | 3 (2026-05-15) | 97.83% | 0.13% | 1.07x |
| PINS | 15.0 | 0.4 | 19.63 | 93 (2026-09-18) | 86.88% | 2.67% | 1.06x |
| PINS | 17.0 | 0.01 | 19.63 | 3 (2026-05-15) | 98.05% | 0.06% | 1.03x |
| PINS | 17.5 | 0.01 | 19.63 | 3 (2026-05-15) | 97.99% | 0.06% | 1.03x |
| PINS | 15.0 | 0.03 | 19.63 | 27 (2026-06-18) | 97.45% | 0.20% | 1.02x |
| PINS | 11.0 | 0.01 | 19.63 | 27 (2026-06-18) | 99.18% | 0.09% | 1.01x |