Recommendation: NO
Current Price: $1.07
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 | 1.0 | 0.05 | 1.07 | 11 (2026-05-29) | 67.47% | 5.00% | 2.14x |
| CGC | 1.0 | 0.07 | 1.07 | 16 (2026-06-05) | 65.55% | 7.00% | 2.03x |
| CGC | 1.0 | 0.02 | 1.07 | 6 (2026-05-22) | 73.38% | 2.00% | 1.84x |
| CGC | 1.0 | 0.09 | 1.07 | 25 (2026-06-18) | 64.87% | 9.00% | 1.77x |
| CGC | 1.0 | 0.1 | 1.07 | 31 (2026-06-26) | 64.44% | 10.00% | 1.66x |
| CGC | 1.0 | 0.13 | 1.07 | 46 (2026-07-17) | 64.49% | 13.00% | 1.55x |
| CGC | 1.0 | 0.01 | 1.07 | 1 (2026-05-15) | 85.71% | 1.00% | 1.54x |
| CGC | 1.0 | 0.22 | 1.07 | 111 (2026-10-16) | 66.48% | 22.00% | 1.36x |
| CGC | 0.5 | 0.05 | 1.07 | 176 (2027-01-15) | 91.11% | 10.00% | 1.13x |