Recommendation: NO
Current Price: $45.55
Total Wheels: 7
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 | 45.0 | 1.2 | 45.55 | 4 (2025-06-27) | 57.56% | 2.67% | 2.16x |
CRSP | 44.5 | 1.05 | 45.55 | 4 (2025-06-27) | 62.50% | 2.36% | 2.09x |
CRSP | 45.5 | 2.03 | 45.55 | 8 (2025-07-03) | 52.72% | 4.46% | 2.08x |
CRSP | 44.0 | 0.82 | 45.55 | 4 (2025-06-27) | 67.84% | 1.86% | 1.88x |
CRSP | 43.5 | 0.69 | 45.55 | 4 (2025-06-27) | 72.22% | 1.59% | 1.78x |
CRSP | 42.5 | 0.9 | 45.55 | 8 (2025-07-03) | 74.50% | 2.12% | 1.64x |
CRSP | 39.0 | 2.5 | 45.55 | 24 (2025-07-25) | 74.64% | 6.41% | 1.63x |
CRSP | 43.0 | 0.5 | 45.55 | 4 (2025-06-27) | 77.24% | 1.16% | 1.57x |
CRSP | 42.0 | 0.68 | 45.55 | 8 (2025-07-03) | 78.17% | 1.62% | 1.49x |
CRSP | 42.0 | 0.4 | 45.55 | 4 (2025-06-27) | 82.85% | 0.95% | 1.49x |
CRSP | 42.5 | 0.4 | 45.55 | 4 (2025-06-27) | 81.32% | 0.94% | 1.47x |
CRSP | 41.0 | 2.05 | 45.55 | 24 (2025-07-25) | 71.86% | 5.00% | 1.45x |
CRSP | 42.5 | 1.63 | 45.55 | 19 (2025-07-18) | 69.28% | 3.84% | 1.42x |
CRSP | 41.5 | 0.55 | 45.55 | 8 (2025-07-03) | 81.30% | 1.33% | 1.40x |
CRSP | 45.0 | 4.14 | 45.55 | 39 (2025-08-15) E | 57.02% | 9.20% | 1.39x |
CRSP | 41.0 | 0.5 | 45.55 | 8 (2025-07-03) | 83.39% | 1.22% | 1.38x |
CRSP | 41.0 | 0.85 | 45.55 | 14 (2025-07-11) | 78.86% | 2.07% | 1.34x |
CRSP | 40.0 | 2.15 | 45.55 | 39 (2025-08-15) E | 73.76% | 5.37% | 1.29x |
CRSP | 40.0 | 0.95 | 45.55 | 19 (2025-07-18) | 80.07% | 2.38% | 1.28x |
CRSP | 41.0 | 0.17 | 45.55 | 4 (2025-06-27) | 90.55% | 0.41% | 1.21x |
CRSP | 35.0 | 1.02 | 45.55 | 39 (2025-08-15) E | 86.14% | 2.91% | 1.17x |
CRSP | 37.5 | 0.47 | 45.55 | 19 (2025-07-18) | 88.66% | 1.25% | 1.16x |
CRSP | 37.5 | 4.22 | 45.55 | 149 (2026-01-16) E | 74.49% | 11.25% | 1.15x |
CRSP | 35.0 | 3.3 | 45.55 | 149 (2026-01-16) E | 78.85% | 9.43% | 1.13x |
CRSP | 35.0 | 1.65 | 45.55 | 84 (2025-10-17) E | 83.01% | 4.71% | 1.12x |
CRSP | 32.5 | 1.27 | 45.55 | 84 (2025-10-17) E | 86.92% | 3.91% | 1.11x |
CRSP | 32.5 | 2.25 | 45.55 | 149 (2026-01-16) E | 83.61% | 6.92% | 1.10x |
CRSP | 30.0 | 1.05 | 45.55 | 84 (2025-10-17) E | 89.69% | 3.50% | 1.10x |
CRSP | 42.5 | 9.8 | 45.55 | 409 (2027-01-15) E | 67.57% | 23.06% | 1.09x |
CRSP | 35.0 | 0.25 | 45.55 | 19 (2025-07-18) | 93.57% | 0.71% | 1.09x |
CRSP | 35.0 | 6.5 | 45.55 | 409 (2027-01-15) E | 77.09% | 18.57% | 1.09x |
CRSP | 30.0 | 4.5 | 45.55 | 409 (2027-01-15) E | 82.93% | 15.00% | 1.07x |
CRSP | 25.0 | 3.1 | 45.55 | 409 (2027-01-15) E | 87.91% | 12.40% | 1.07x |
CRSP | 30.0 | 0.13 | 45.55 | 19 (2025-07-18) | 97.05% | 0.43% | 1.06x |
CRSP | 22.5 | 0.75 | 45.55 | 149 (2026-01-16) E | 94.31% | 3.33% | 1.05x |
CRSP | 27.5 | 0.1 | 45.55 | 19 (2025-07-18) | 98.42% | 0.36% | 1.05x |