Recommendation: NO
Current Price: $18.90
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 | 0.66 | 18.90 | 20 (2026-10-23) | 59.84% | 3.57% | 1.30x |
| PINS | 18.0 | 1.62 | 18.90 | 80 (2027-01-15) | 62.62% | 9.00% | 1.19x |
| PINS | 17.0 | 1.0 | 18.90 | 60 (2026-12-18) | 70.93% | 5.88% | 1.19x |
| PINS | 16.0 | 0.53 | 18.90 | 40 (2026-11-20) | 80.22% | 3.31% | 1.18x |
| PINS | 18.0 | 1.99 | 18.90 | 105 (2027-02-19) | 62.61% | 11.06% | 1.17x |
| PINS | 17.0 | 1.2 | 18.90 | 80 (2027-01-15) | 69.96% | 7.06% | 1.16x |
| PINS | 17.0 | 1.55 | 18.90 | 105 (2027-02-19) | 68.83% | 9.12% | 1.16x |
| PINS | 15.0 | 0.88 | 18.90 | 105 (2027-02-19) | 80.02% | 5.87% | 1.12x |
| PINS | 11.0 | 0.06 | 18.90 | 40 (2026-11-20) | 97.57% | 0.55% | 1.03x |
| PINS | 10.0 | 0.05 | 18.90 | 80 (2027-01-15) | 98.02% | 0.50% | 1.02x |
| PINS | 5.0 | 0.03 | 18.90 | 125 (2027-03-19) | 99.32% | 0.60% | 1.01x |