Recommendation: NO
Current Price: $81.33
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 | 81.0 | 2.4 | 81.33 | 18 (2026-09-04) | 53.86% | 2.96% | 1.25x |
| ARKK | 80.0 | 2.74 | 81.33 | 28 (2026-09-18) | 58.56% | 3.43% | 1.20x |
| ARKK | 79.0 | 2.35 | 81.33 | 28 (2026-09-18) | 63.03% | 2.97% | 1.18x |
| ARKK | 81.0 | 4.55 | 81.33 | 48 (2026-10-16) | 54.39% | 5.62% | 1.17x |
| ARKK | 77.0 | 1.67 | 81.33 | 28 (2026-09-18) | 71.41% | 2.17% | 1.15x |
| ARKK | 81.0 | 6.8 | 81.33 | 93 (2026-12-18) | 55.56% | 8.40% | 1.13x |
| ARKK | 75.0 | 1.17 | 81.33 | 28 (2026-09-18) | 78.55% | 1.56% | 1.12x |
| ARKK | 74.0 | 0.97 | 81.33 | 28 (2026-09-18) | 81.58% | 1.31% | 1.10x |
| ARKK | 73.0 | 1.71 | 81.33 | 48 (2026-10-16) | 78.22% | 2.34% | 1.10x |
| ARKK | 73.0 | 0.76 | 81.33 | 28 (2026-09-18) | 84.75% | 1.04% | 1.08x |
| ARKK | 72.0 | 0.64 | 81.33 | 28 (2026-09-18) | 86.95% | 0.89% | 1.07x |
| ARKK | 77.0 | 0.05 | 81.33 | 3 (2026-08-14) | 95.44% | 0.06% | 1.03x |