Recommendation: NO
Current Price: $1.27
Total Wheels: 2
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 |
|---|---|---|---|---|---|---|---|
| CGC | 0.5 | 0.01 | 1.27 | 4 (2025-05-09) | 98.18% | 2.00% | 2.66x |
| CGC | 1.0 | 0.04 | 1.27 | 9 (2025-05-16) | 83.14% | 4.00% | 2.50x |
| CGC | 1.0 | 0.06 | 1.27 | 14 (2025-05-23) | 79.83% | 6.00% | 2.32x |
| CGC | 0.5 | 0.03 | 1.27 | 19 (2025-05-30) E | 94.31% | 6.00% | 2.08x |
| CGC | 1.0 | 0.11 | 1.27 | 29 (2025-06-13) E | 76.95% | 11.00% | 2.03x |
| CGC | 1.0 | 0.12 | 1.27 | 34 (2025-06-20) E | 76.41% | 12.00% | 1.92x |
| CGC | 1.0 | 0.18 | 1.27 | 54 (2025-07-18) E | 75.63% | 18.00% | 1.81x |
| CGC | 1.0 | 0.01 | 1.27 | 4 (2025-05-09) | 90.60% | 1.00% | 1.58x |
| CGC | 1.0 | 0.25 | 1.27 | 119 (2025-10-17) E | 76.10% | 25.00% | 1.45x |
| CGC | 1.0 | 0.33 | 1.27 | 184 (2026-01-16) E | 77.59% | 33.00% | 1.37x |