Recommendation: HV
Current Price: $9.27
Total Wheels: 118
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 |
|---|---|---|---|---|---|---|---|
| RIOT | 9.0 | 0.28 | 9.27 | 8 (2025-07-03) | 62.78% | 3.11% | 1.84x |
| RIOT | 9.0 | 0.16 | 9.27 | 4 (2025-06-27) | 66.64% | 1.78% | 1.81x |
| RIOT | 9.0 | 0.43 | 9.27 | 14 (2025-07-11) | 60.73% | 4.78% | 1.67x |
| RIOT | 9.0 | 0.85 | 9.27 | 29 (2025-08-01) E | 59.77% | 9.44% | 1.61x |
| RIOT | 9.0 | 0.53 | 9.27 | 19 (2025-07-18) | 60.14% | 5.89% | 1.59x |
| RIOT | 9.0 | 0.6 | 9.27 | 24 (2025-07-25) | 59.91% | 6.67% | 1.51x |
| RIOT | 9.0 | 0.86 | 9.27 | 39 (2025-08-15) E | 59.83% | 9.56% | 1.43x |
| RIOT | 8.5 | 0.23 | 9.27 | 14 (2025-07-11) | 74.49% | 2.71% | 1.43x |
| RIOT | 8.5 | 0.12 | 9.27 | 8 (2025-07-03) | 80.13% | 1.41% | 1.43x |
| RIOT | 8.5 | 0.41 | 9.27 | 24 (2025-07-25) | 70.00% | 4.82% | 1.42x |
| RIOT | 8.5 | 0.49 | 9.27 | 29 (2025-08-01) E | 68.94% | 5.76% | 1.40x |
| RIOT | 8.5 | 0.06 | 9.27 | 4 (2025-06-27) | 85.41% | 0.71% | 1.35x |
| RIOT | 9.0 | 1.14 | 9.27 | 64 (2025-09-19) E | 60.44% | 12.67% | 1.34x |
| RIOT | 9.0 | 1.35 | 9.27 | 84 (2025-10-17) E | 61.16% | 15.00% | 1.30x |
| RIOT | 8.0 | 0.44 | 9.27 | 39 (2025-08-15) E | 75.11% | 5.50% | 1.30x |
| RIOT | 8.0 | 0.31 | 9.27 | 29 (2025-08-01) E | 77.53% | 3.87% | 1.29x |
| RIOT | 8.0 | 0.25 | 9.27 | 24 (2025-07-25) | 79.27% | 3.12% | 1.29x |
| RIOT | 8.0 | 0.18 | 9.27 | 19 (2025-07-18) | 81.85% | 2.25% | 1.27x |
| RIOT | 8.0 | 0.7 | 9.27 | 64 (2025-09-19) E | 72.38% | 8.75% | 1.27x |
| RIOT | 8.0 | 0.9 | 9.27 | 84 (2025-10-17) E | 71.54% | 11.25% | 1.26x |
| RIOT | 8.0 | 1.1 | 9.27 | 109 (2025-11-21) E | 70.94% | 13.75% | 1.24x |
| RIOT | 8.0 | 0.06 | 9.27 | 8 (2025-07-03) | 89.90% | 0.75% | 1.24x |
| RIOT | 8.0 | 0.11 | 9.27 | 14 (2025-07-11) | 85.65% | 1.38% | 1.23x |
| RIOT | 7.5 | 0.16 | 9.27 | 24 (2025-07-25) | 85.87% | 2.13% | 1.21x |
| RIOT | 7.5 | 0.19 | 9.27 | 29 (2025-08-01) E | 84.98% | 2.53% | 1.20x |
| RIOT | 7.0 | 0.53 | 9.27 | 84 (2025-10-17) E | 80.85% | 7.57% | 1.20x |
| RIOT | 7.0 | 0.37 | 9.27 | 64 (2025-09-19) E | 82.94% | 5.29% | 1.18x |
| RIOT | 7.0 | 0.15 | 9.27 | 29 (2025-08-01) E | 88.84% | 2.14% | 1.18x |
| RIOT | 7.0 | 0.2 | 9.27 | 39 (2025-08-15) E | 85.84% | 2.86% | 1.17x |
| RIOT | 7.0 | 0.59 | 9.27 | 109 (2025-11-21) E | 80.24% | 8.43% | 1.16x |
| RIOT | 7.5 | 0.05 | 9.27 | 14 (2025-07-11) | 92.84% | 0.67% | 1.12x |
| RIOT | 4.5 | 0.01 | 9.27 | 4 (2025-06-27) | 99.12% | 0.22% | 1.12x |
| RIOT | 6.0 | 0.18 | 9.27 | 64 (2025-09-19) E | 90.80% | 3.00% | 1.11x |
| RIOT | 7.0 | 0.04 | 9.27 | 14 (2025-07-11) | 94.78% | 0.57% | 1.10x |
| RIOT | 7.0 | 0.05 | 9.27 | 19 (2025-07-18) | 93.74% | 0.71% | 1.09x |
| RIOT | 7.0 | 0.06 | 9.27 | 24 (2025-07-25) | 93.39% | 0.86% | 1.09x |
| RIOT | 4.0 | 0.01 | 9.27 | 8 (2025-07-03) | 99.30% | 0.25% | 1.08x |
| RIOT | 6.5 | 0.01 | 9.27 | 4 (2025-06-27) | 98.79% | 0.15% | 1.08x |
| RIOT | 7.0 | 0.01 | 9.27 | 4 (2025-06-27) | 98.65% | 0.14% | 1.07x |
| RIOT | 7.5 | 0.01 | 9.27 | 4 (2025-06-27) | 97.19% | 0.13% | 1.07x |
| RIOT | 5.5 | 0.02 | 9.27 | 14 (2025-07-11) | 97.91% | 0.36% | 1.07x |
| RIOT | 8.0 | 0.01 | 9.27 | 4 (2025-06-27) | 96.74% | 0.13% | 1.06x |
| RIOT | 5.0 | 0.02 | 9.27 | 19 (2025-07-18) | 98.15% | 0.40% | 1.05x |
| RIOT | 3.0 | 0.04 | 9.27 | 64 (2025-09-19) E | 98.34% | 1.33% | 1.05x |
| RIOT | 4.0 | 0.05 | 9.27 | 64 (2025-09-19) E | 97.51% | 1.25% | 1.05x |
| RIOT | 6.0 | 0.02 | 9.27 | 19 (2025-07-18) | 97.70% | 0.33% | 1.04x |
| RIOT | 6.0 | 0.02 | 9.27 | 24 (2025-07-25) | 97.34% | 0.33% | 1.03x |