Recommendation: NO
Current Price: $77.10
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 | 75.0 | 2.98 | 77.10 | 29 (2026-12-18) | 61.13% | 3.97% | 1.23x |
| ARKK | 71.0 | 0.51 | 77.10 | 9 (2026-11-20) | 85.08% | 0.72% | 1.19x |
| ARKK | 75.0 | 4.0 | 77.10 | 49 (2027-01-15) | 60.19% | 5.33% | 1.18x |
| ARKK | 70.0 | 2.41 | 77.10 | 49 (2027-01-15) | 73.79% | 3.44% | 1.14x |
| ARKK | 69.0 | 1.27 | 77.10 | 29 (2026-12-18) | 80.50% | 1.84% | 1.14x |
| ARKK | 75.0 | 5.9 | 77.10 | 94 (2027-03-19) | 59.72% | 7.87% | 1.13x |
| ARKK | 69.0 | 1.8 | 77.10 | 49 (2027-01-15) | 77.78% | 2.61% | 1.11x |
| ARKK | 76.0 | 8.1 | 77.10 | 158 (2027-06-17) | 58.29% | 10.66% | 1.10x |
| ARKK | 71.0 | 0.13 | 77.10 | 4 (2026-11-13) | 93.27% | 0.18% | 1.09x |
| ARKK | 68.0 | 0.07 | 77.10 | 4 (2026-11-13) | 96.73% | 0.10% | 1.05x |