Recommendation: HV
Current Price: $1.58
Total Wheels: 43
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 |
|---|---|---|---|---|---|---|---|
| FUBO | 1.5 | 0.06 | 1.58 | 10 (2026-02-20) | 66.06% | 4.00% | 1.93x |
| FUBO | 0.5 | 0.01 | 1.58 | 10 (2026-02-20) | 98.48% | 2.00% | 1.63x |
| FUBO | 1.0 | 0.01 | 1.58 | 5 (2026-02-13) | 95.64% | 1.00% | 1.62x |
| FUBO | 1.5 | 0.21 | 1.58 | 70 (2026-05-15) | 63.18% | 14.00% | 1.36x |
| FUBO | 1.5 | 0.51 | 1.58 | 510 (2028-01-21) | 70.64% | 34.00% | 1.11x |
| FUBO | 0.5 | 0.08 | 1.58 | 510 (2028-01-21) | 94.18% | 16.00% | 1.07x |
| FUBO | 0.5 | 0.01 | 1.58 | 245 (2027-01-15) | 98.33% | 2.00% | 1.02x |