Recommendation: NO
Current Price: $73.44
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 | 73.0 | 1.05 | 73.44 | 4 (2026-02-06) | 56.48% | 1.44% | 1.50x |
| ARKK | 72.0 | 2.3 | 73.44 | 19 (2026-02-27) | 59.85% | 3.19% | 1.29x |
| ARKK | 70.0 | 2.69 | 73.44 | 34 (2026-03-20) | 65.74% | 3.84% | 1.20x |
| ARKK | 73.0 | 7.0 | 73.44 | 98 (2026-06-18) | 56.39% | 9.59% | 1.15x |
| ARKK | 65.0 | 1.43 | 73.44 | 34 (2026-03-20) | 80.00% | 2.20% | 1.14x |
| ARKK | 64.0 | 6.15 | 73.44 | 249 (2027-01-15) | 71.54% | 9.61% | 1.07x |
| ARKK | 65.0 | 0.06 | 73.44 | 4 (2026-02-06) | 96.75% | 0.09% | 1.05x |
| ARKK | 60.0 | 0.02 | 73.44 | 4 (2026-02-06) | 99.18% | 0.03% | 1.02x |