Recommendation: HV
Current Price: $19.33
Total Wheels: 1
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 |
|---|---|---|---|---|---|---|---|
| FLGT | 10.0 | 0.22 | 19.33 | 19 (2025-07-18) | 95.10% | 2.20% | 1.32x |
| FLGT | 12.5 | 0.6 | 19.33 | 84 (2025-10-17) E | 88.48% | 4.80% | 1.13x |
| FLGT | 17.5 | 1.65 | 19.33 | 149 (2026-01-16) E | 68.22% | 9.43% | 1.11x |
| FLGT | 15.0 | 0.6 | 19.33 | 84 (2025-10-17) E | 84.22% | 4.00% | 1.10x |
| FLGT | 15.0 | 0.05 | 19.33 | 19 (2025-07-18) | 96.02% | 0.33% | 1.04x |