Recommendation: NO
Current Price: $70.41
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 |
|---|---|---|---|---|---|---|---|
| ARKK | 69.0 | 1.51 | 70.41 | 11 (2026-02-20) | 61.95% | 2.19% | 1.36x |
| ARKK | 70.0 | 2.35 | 70.41 | 16 (2026-02-27) | 54.55% | 3.36% | 1.33x |
| ARKK | 70.0 | 3.4 | 70.41 | 31 (2026-03-20) | 54.64% | 4.86% | 1.24x |
| ARKK | 68.0 | 2.65 | 70.41 | 31 (2026-03-20) | 62.93% | 3.90% | 1.22x |
| ARKK | 65.0 | 1.7 | 70.41 | 31 (2026-03-20) | 73.86% | 2.62% | 1.17x |
| ARKK | 70.0 | 6.25 | 70.41 | 95 (2026-06-18) | 56.09% | 8.93% | 1.14x |
| ARKK | 69.0 | 5.9 | 70.41 | 95 (2026-06-18) | 58.51% | 8.55% | 1.14x |
| ARKK | 65.0 | 4.3 | 70.41 | 95 (2026-06-18) | 67.58% | 6.62% | 1.12x |
| ARKK | 63.0 | 3.55 | 70.41 | 95 (2026-06-18) | 71.84% | 5.63% | 1.11x |
| ARKK | 70.0 | 10.25 | 70.41 | 246 (2027-01-15) | 58.91% | 14.64% | 1.09x |
| ARKK | 55.0 | 0.16 | 70.41 | 16 (2026-02-27) | 96.22% | 0.29% | 1.05x |
| ARKK | 60.0 | 0.06 | 70.41 | 6 (2026-02-13) | 97.28% | 0.10% | 1.04x |
| ARKK | 55.0 | 0.06 | 70.41 | 11 (2026-02-20) | 98.16% | 0.11% | 1.02x |