Recommendation: NO
Current Price: $52.00
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 | 1.0 | 52.00 | 4 (2026-02-06) | 62.39% | 1.96% | 1.85x |
| CRSP | 49.0 | 0.47 | 52.00 | 4 (2026-02-06) | 79.52% | 0.96% | 1.47x |
| CRSP | 46.0 | 0.37 | 52.00 | 9 (2026-02-13) | 87.71% | 0.80% | 1.22x |
| CRSP | 44.0 | 0.62 | 52.00 | 19 (2026-02-27) | 86.55% | 1.41% | 1.17x |
| CRSP | 47.0 | 0.08 | 52.00 | 4 (2026-02-06) | 94.56% | 0.17% | 1.08x |
| CRSP | 32.5 | 0.3 | 52.00 | 54 (2026-04-17) | 95.72% | 0.92% | 1.04x |