Recommendation: NO
Current Price: $53.99
Total Wheels: 12
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 |
|---|---|---|---|---|---|---|---|
| CRSP | 51.0 | 0.46 | 53.99 | 3 (2026-08-14) | 79.71% | 0.90% | 1.43x |
| CRSP | 50.0 | 2.9 | 53.99 | 48 (2026-10-16) | 67.65% | 5.80% | 1.22x |
| CRSP | 47.0 | 0.5 | 53.99 | 13 (2026-08-28) | 86.73% | 1.06% | 1.19x |
| CRSP | 46.0 | 0.45 | 53.99 | 13 (2026-08-28) | 88.67% | 0.98% | 1.18x |
| CRSP | 52.5 | 6.6 | 53.99 | 113 (2027-01-15) | 60.41% | 12.57% | 1.18x |
| CRSP | 48.0 | 0.15 | 53.99 | 3 (2026-08-14) | 92.73% | 0.31% | 1.16x |
| CRSP | 52.5 | 12.4 | 53.99 | 378 (2028-01-21) | 64.89% | 23.62% | 1.10x |
| CRSP | 45.0 | 0.2 | 53.99 | 13 (2026-08-28) | 94.59% | 0.44% | 1.08x |
| CRSP | 30.0 | 0.4 | 53.99 | 48 (2026-10-16) | 95.83% | 1.33% | 1.07x |
| CRSP | 40.0 | 0.15 | 53.99 | 23 (2026-09-11) | 96.34% | 0.37% | 1.04x |