Recommendation: NO
Current Price: $20.77
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 | 20.0 | 1.08 | 20.77 | 9 (2026-02-13) | 61.94% | 5.40% | 2.51x |
| PINS | 19.0 | 0.74 | 20.77 | 9 (2026-02-13) | 71.82% | 3.89% | 2.16x |
| PINS | 20.0 | 1.23 | 20.77 | 14 (2026-02-20) | 61.51% | 6.15% | 1.95x |
| PINS | 19.0 | 1.0 | 20.77 | 14 (2026-02-20) | 70.01% | 5.26% | 1.92x |
| PINS | 18.0 | 0.5 | 20.77 | 9 (2026-02-13) | 79.63% | 2.78% | 1.85x |
| PINS | 20.5 | 0.34 | 20.77 | 4 (2026-02-06) | 60.36% | 1.66% | 1.65x |
| PINS | 19.0 | 0.85 | 20.77 | 19 (2026-02-27) | 70.78% | 4.47% | 1.51x |
| PINS | 18.0 | 0.51 | 20.77 | 14 (2026-02-20) | 79.76% | 2.83% | 1.50x |
| PINS | 20.0 | 0.19 | 20.77 | 4 (2026-02-06) | 74.81% | 0.95% | 1.43x |
| PINS | 20.0 | 1.59 | 20.77 | 34 (2026-03-20) | 61.07% | 7.95% | 1.42x |
| PINS | 18.0 | 0.71 | 20.77 | 24 (2026-03-06) | 77.10% | 3.94% | 1.37x |
| PINS | 18.0 | 0.54 | 20.77 | 19 (2026-02-27) | 79.29% | 3.00% | 1.37x |
| PINS | 19.0 | 1.04 | 20.77 | 34 (2026-03-20) | 69.52% | 5.47% | 1.32x |
| PINS | 17.0 | 0.39 | 20.77 | 19 (2026-02-27) | 85.02% | 2.29% | 1.29x |
| PINS | 18.0 | 0.78 | 20.77 | 34 (2026-03-20) | 76.44% | 4.33% | 1.27x |
| PINS | 20.0 | 2.28 | 20.77 | 74 (2026-05-15) | 61.24% | 11.40% | 1.26x |
| PINS | 17.0 | 0.47 | 20.77 | 29 (2026-03-13) | 83.56% | 2.76% | 1.22x |
| PINS | 20.0 | 2.4 | 20.77 | 98 (2026-06-18) | 61.40% | 12.00% | 1.20x |
| PINS | 17.0 | 0.5 | 20.77 | 34 (2026-03-20) | 83.23% | 2.94% | 1.20x |
| PINS | 18.0 | 1.3 | 20.77 | 74 (2026-05-15) | 73.13% | 7.22% | 1.19x |
| PINS | 15.0 | 0.2 | 20.77 | 19 (2026-02-27) | 92.38% | 1.33% | 1.18x |
| PINS | 17.0 | 1.03 | 20.77 | 74 (2026-05-15) | 78.10% | 6.06% | 1.17x |
| PINS | 18.0 | 1.56 | 20.77 | 98 (2026-06-18) | 72.12% | 8.67% | 1.17x |
| PINS | 20.0 | 2.93 | 20.77 | 144 (2026-08-21) | 62.09% | 14.65% | 1.16x |
| PINS | 16.0 | 0.36 | 20.77 | 34 (2026-03-20) | 87.70% | 2.25% | 1.16x |
| PINS | 17.0 | 1.15 | 20.77 | 98 (2026-06-18) | 77.43% | 6.76% | 1.14x |
| PINS | 18.0 | 1.88 | 20.77 | 144 (2026-08-21) | 71.42% | 10.44% | 1.13x |
| PINS | 15.0 | 0.11 | 20.77 | 14 (2026-02-20) | 94.83% | 0.73% | 1.13x |
| PINS | 16.0 | 0.76 | 20.77 | 98 (2026-06-18) | 82.88% | 4.75% | 1.10x |
| PINS | 15.0 | 1.0 | 20.77 | 144 (2026-08-21) | 83.32% | 6.67% | 1.10x |
| PINS | 15.0 | 0.56 | 20.77 | 98 (2026-06-18) | 86.86% | 3.73% | 1.09x |