Recommendation: HV
Current Price: $7.90
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 | 7.5 | 0.15 | 7.90 | 4 (2025-05-09) | 71.24% | 2.00% | 2.04x |
| RIOT | 7.5 | 0.28 | 7.90 | 9 (2025-05-16) | 66.58% | 3.73% | 1.99x |
| RIOT | 7.5 | 0.36 | 7.90 | 14 (2025-05-23) | 65.01% | 4.80% | 1.74x |
| RIOT | 7.5 | 0.47 | 7.90 | 19 (2025-05-30) | 63.77% | 6.27% | 1.68x |
| RIOT | 1.0 | 0.01 | 7.90 | 4 (2025-05-09) | 100.00% | 1.00% | 1.65x |
| RIOT | 7.5 | 0.67 | 7.90 | 29 (2025-06-13) | 62.86% | 8.93% | 1.61x |
| RIOT | 7.5 | 0.52 | 7.90 | 24 (2025-06-06) | 63.44% | 6.93% | 1.57x |
| RIOT | 7.0 | 0.22 | 7.90 | 14 (2025-05-23) | 77.07% | 3.14% | 1.54x |
| RIOT | 7.0 | 0.13 | 7.90 | 9 (2025-05-16) | 81.51% | 1.86% | 1.52x |
| RIOT | 7.0 | 0.26 | 7.90 | 19 (2025-05-30) | 75.65% | 3.71% | 1.44x |
| RIOT | 7.0 | 0.32 | 7.90 | 24 (2025-06-06) | 73.99% | 4.57% | 1.42x |
| RIOT | 7.0 | 0.47 | 7.90 | 34 (2025-06-20) | 71.53% | 6.71% | 1.42x |
| RIOT | 7.0 | 0.05 | 7.90 | 4 (2025-05-09) | 88.33% | 0.71% | 1.37x |
| RIOT | 6.5 | 0.13 | 7.90 | 14 (2025-05-23) | 85.67% | 2.00% | 1.36x |
| RIOT | 6.5 | 0.26 | 7.90 | 29 (2025-06-13) | 80.54% | 4.00% | 1.32x |
| RIOT | 6.5 | 0.16 | 7.90 | 19 (2025-05-30) | 84.25% | 2.46% | 1.31x |
| RIOT | 6.5 | 0.19 | 7.90 | 24 (2025-06-06) | 82.87% | 2.92% | 1.29x |
| RIOT | 7.0 | 1.05 | 7.90 | 99 (2025-09-19) E | 69.05% | 15.00% | 1.29x |
| RIOT | 6.5 | 0.06 | 7.90 | 9 (2025-05-16) | 90.39% | 0.92% | 1.26x |
| RIOT | 6.0 | 0.17 | 7.90 | 29 (2025-06-13) | 86.58% | 2.83% | 1.23x |
| RIOT | 6.0 | 0.64 | 7.90 | 99 (2025-09-19) E | 78.75% | 10.67% | 1.23x |
| RIOT | 6.0 | 0.19 | 7.90 | 34 (2025-06-20) | 85.88% | 3.17% | 1.22x |
| RIOT | 6.0 | 0.07 | 7.90 | 14 (2025-05-23) | 91.82% | 1.17% | 1.21x |
| RIOT | 7.0 | 1.5 | 7.90 | 184 (2026-01-16) E | 69.92% | 21.43% | 1.21x |
| RIOT | 2.0 | 0.05 | 7.90 | 34 (2025-06-20) | 98.38% | 2.50% | 1.20x |
| RIOT | 6.0 | 0.04 | 7.90 | 9 (2025-05-16) | 94.39% | 0.67% | 1.19x |
| RIOT | 6.0 | 0.11 | 7.90 | 24 (2025-06-06) | 89.37% | 1.83% | 1.19x |
| RIOT | 6.0 | 1.02 | 7.90 | 184 (2026-01-16) E | 77.41% | 17.00% | 1.18x |
| RIOT | 6.0 | 0.08 | 7.90 | 19 (2025-05-30) | 91.12% | 1.33% | 1.17x |
| RIOT | 6.5 | 0.02 | 7.90 | 4 (2025-05-09) | 95.08% | 0.31% | 1.16x |
| RIOT | 5.0 | 0.34 | 7.90 | 99 (2025-09-19) E | 87.17% | 6.80% | 1.16x |
| RIOT | 5.0 | 0.6 | 7.90 | 184 (2026-01-16) E | 84.79% | 12.00% | 1.14x |
| RIOT | 5.5 | 0.09 | 7.90 | 29 (2025-06-13) | 92.09% | 1.64% | 1.14x |
| RIOT | 4.0 | 0.01 | 7.90 | 4 (2025-05-09) | 98.76% | 0.25% | 1.13x |
| RIOT | 4.5 | 0.03 | 7.90 | 14 (2025-05-23) | 97.21% | 0.67% | 1.12x |
| RIOT | 5.5 | 0.05 | 7.90 | 19 (2025-05-30) | 94.27% | 0.91% | 1.12x |
| RIOT | 4.0 | 0.38 | 7.90 | 184 (2026-01-16) E | 90.24% | 9.50% | 1.12x |
| RIOT | 4.5 | 0.01 | 7.90 | 4 (2025-05-09) | 98.87% | 0.22% | 1.12x |
| RIOT | 5.0 | 0.08 | 7.90 | 34 (2025-06-20) | 93.82% | 1.60% | 1.12x |
| RIOT | 5.0 | 0.03 | 7.90 | 14 (2025-05-23) | 96.41% | 0.60% | 1.11x |
| RIOT | 4.0 | 0.17 | 7.90 | 99 (2025-09-19) E | 93.11% | 4.25% | 1.10x |
| RIOT | 5.5 | 0.01 | 7.90 | 4 (2025-05-09) | 98.92% | 0.18% | 1.09x |
| RIOT | 5.5 | 0.05 | 7.90 | 24 (2025-06-06) | 94.84% | 0.91% | 1.09x |
| RIOT | 3.0 | 0.2 | 7.90 | 184 (2026-01-16) E | 94.97% | 6.67% | 1.09x |
| RIOT | 6.0 | 0.01 | 7.90 | 4 (2025-05-09) | 98.49% | 0.17% | 1.09x |
| RIOT | 3.0 | 0.09 | 7.90 | 99 (2025-09-19) E | 96.54% | 3.00% | 1.08x |
| RIOT | 4.0 | 0.01 | 7.90 | 9 (2025-05-16) | 99.30% | 0.25% | 1.07x |
| RIOT | 5.5 | 0.02 | 7.90 | 14 (2025-05-23) | 97.27% | 0.36% | 1.07x |
| RIOT | 4.5 | 0.01 | 7.90 | 9 (2025-05-16) | 99.22% | 0.22% | 1.06x |
| RIOT | 5.0 | 0.01 | 7.90 | 9 (2025-05-16) | 98.55% | 0.20% | 1.06x |
| RIOT | 4.0 | 0.03 | 7.90 | 34 (2025-06-20) | 97.60% | 0.75% | 1.06x |