Recommendation: NO
Current Price: $37.62
Total Wheels: 6
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 | 37.5 | 1.4 | 37.62 | 4 (2025-05-09) E | 53.30% | 3.73% | 2.70x |
| CRSP | 36.0 | 0.75 | 37.62 | 4 (2025-05-09) E | 69.32% | 2.08% | 2.06x |
| CRSP | 37.5 | 1.72 | 37.62 | 9 (2025-05-16) E | 53.52% | 4.59% | 1.97x |
| CRSP | 35.5 | 0.65 | 37.62 | 4 (2025-05-09) E | 73.39% | 1.83% | 1.96x |
| CRSP | 36.0 | 1.2 | 37.62 | 9 (2025-05-16) E | 65.84% | 3.33% | 1.84x |
| CRSP | 35.0 | 0.5 | 37.62 | 4 (2025-05-09) E | 78.40% | 1.43% | 1.75x |
| CRSP | 35.5 | 0.9 | 37.62 | 9 (2025-05-16) E | 70.41% | 2.54% | 1.64x |
| CRSP | 37.5 | 3.1 | 37.62 | 34 (2025-06-20) E | 55.03% | 8.27% | 1.39x |
| CRSP | 32.5 | 0.37 | 37.62 | 9 (2025-05-16) E | 86.86% | 1.14% | 1.32x |
| CRSP | 32.0 | 0.8 | 37.62 | 19 (2025-05-30) E | 82.28% | 2.50% | 1.31x |
| CRSP | 35.0 | 1.5 | 37.62 | 29 (2025-06-13) E | 68.88% | 4.29% | 1.29x |
| CRSP | 37.5 | 3.7 | 37.62 | 54 (2025-07-18) E | 55.80% | 9.87% | 1.28x |
| CRSP | 35.0 | 2.74 | 37.62 | 54 (2025-07-18) E | 65.79% | 7.83% | 1.26x |
| CRSP | 33.0 | 0.16 | 37.62 | 4 (2025-05-09) E | 91.29% | 0.48% | 1.25x |
| CRSP | 37.5 | 5.95 | 37.62 | 119 (2025-10-17) E | 58.71% | 15.87% | 1.21x |
| CRSP | 30.0 | 0.7 | 37.62 | 34 (2025-06-20) E | 85.82% | 2.33% | 1.16x |
| CRSP | 22.5 | 0.8 | 37.62 | 119 (2025-10-17) E | 91.66% | 3.56% | 1.07x |