Recommendation: NO
Current Price: $90.77
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 | 90.0 | 1.21 | 90.77 | 5 (2026-10-02) | 58.75% | 1.34% | 1.49x |
| ARKK | 89.0 | 0.89 | 90.77 | 5 (2026-10-02) | 67.69% | 1.00% | 1.40x |
| ARKK | 90.5 | 2.1 | 90.77 | 10 (2026-10-09) | 53.33% | 2.32% | 1.36x |
| ARKK | 88.0 | 0.63 | 90.77 | 5 (2026-10-02) | 75.54% | 0.72% | 1.31x |
| ARKK | 89.0 | 2.04 | 90.77 | 15 (2026-10-16) | 61.49% | 2.29% | 1.27x |
| ARKK | 89.5 | 2.67 | 90.77 | 20 (2026-10-23) | 58.15% | 2.98% | 1.24x |
| ARKK | 88.5 | 2.25 | 90.77 | 20 (2026-10-23) | 62.85% | 2.54% | 1.22x |
| ARKK | 87.0 | 3.3 | 90.77 | 40 (2026-11-20) | 64.69% | 3.79% | 1.17x |
| ARKK | 88.0 | 3.4 | 90.77 | 40 (2026-11-20) | 62.11% | 3.86% | 1.16x |
| ARKK | 85.0 | 0.93 | 90.77 | 15 (2026-10-16) | 79.42% | 1.09% | 1.16x |
| ARKK | 90.0 | 6.3 | 90.77 | 80 (2027-01-15) | 56.00% | 7.00% | 1.13x |
| ARKK | 84.0 | 2.14 | 90.77 | 40 (2026-11-20) | 73.82% | 2.55% | 1.12x |
| ARKK | 87.0 | 5.0 | 90.77 | 80 (2027-01-15) | 62.87% | 5.75% | 1.12x |
| ARKK | 82.0 | 4.8 | 90.77 | 125 (2027-03-19) | 70.66% | 5.85% | 1.09x |