Recommendation: HV
Current Price: $14.33
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 | 14.0 | 0.66 | 14.33 | 8 (2026-04-02) | 59.29% | 4.71% | 2.38x |
| RIOT | 14.0 | 0.39 | 14.33 | 4 (2026-03-27) | 61.47% | 2.79% | 2.35x |
| RIOT | 13.5 | 0.47 | 14.33 | 8 (2026-04-02) | 68.43% | 3.48% | 2.10x |
| RIOT | 13.0 | 0.32 | 14.33 | 8 (2026-04-02) | 76.56% | 2.46% | 1.80x |
| RIOT | 13.5 | 0.66 | 14.33 | 14 (2026-04-10) | 66.15% | 4.89% | 1.77x |
| RIOT | 14.0 | 1.05 | 14.33 | 19 (2026-04-17) | 58.64% | 7.50% | 1.77x |
| RIOT | 13.5 | 0.19 | 14.33 | 4 (2026-03-27) | 76.10% | 1.41% | 1.71x |
| RIOT | 14.0 | 1.23 | 14.33 | 24 (2026-04-24) | 58.73% | 8.79% | 1.70x |
| RIOT | 13.0 | 0.5 | 14.33 | 14 (2026-04-10) | 73.38% | 3.85% | 1.65x |
| RIOT | 13.0 | 0.81 | 14.33 | 24 (2026-04-24) | 69.64% | 6.23% | 1.56x |
| RIOT | 12.5 | 0.21 | 14.33 | 8 (2026-04-02) | 83.39% | 1.68% | 1.55x |
| RIOT | 12.5 | 0.37 | 14.33 | 14 (2026-04-10) | 78.81% | 2.96% | 1.51x |
| RIOT | 14.0 | 1.56 | 14.33 | 39 (2026-05-15) | 59.20% | 11.14% | 1.51x |
| RIOT | 13.0 | 0.12 | 14.33 | 4 (2026-03-27) | 84.69% | 0.92% | 1.48x |
| RIOT | 13.0 | 1.16 | 14.33 | 39 (2026-05-15) | 67.96% | 8.92% | 1.46x |
| RIOT | 10.5 | 0.08 | 14.33 | 4 (2026-03-27) | 94.17% | 0.76% | 1.43x |
| RIOT | 14.0 | 2.15 | 14.33 | 63 (2026-06-18) | 60.54% | 15.36% | 1.43x |
| RIOT | 13.0 | 1.66 | 14.33 | 63 (2026-06-18) | 67.22% | 12.77% | 1.39x |
| RIOT | 12.0 | 0.37 | 14.33 | 19 (2026-04-17) | 81.51% | 3.08% | 1.39x |
| RIOT | 12.0 | 0.8 | 14.33 | 39 (2026-05-15) | 75.92% | 6.67% | 1.38x |
| RIOT | 12.0 | 1.15 | 14.33 | 63 (2026-06-18) | 74.00% | 9.58% | 1.32x |
| RIOT | 14.0 | 2.97 | 14.33 | 129 (2026-09-18) | 62.97% | 21.21% | 1.28x |
| RIOT | 11.0 | 0.23 | 14.33 | 19 (2026-04-17) | 88.23% | 2.09% | 1.27x |
| RIOT | 11.0 | 0.86 | 14.33 | 63 (2026-06-18) | 79.84% | 7.82% | 1.27x |
| RIOT | 12.0 | 1.96 | 14.33 | 129 (2026-09-18) | 72.64% | 16.33% | 1.24x |
| RIOT | 11.0 | 1.55 | 14.33 | 129 (2026-09-18) | 77.30% | 14.09% | 1.22x |
| RIOT | 10.0 | 1.19 | 14.33 | 129 (2026-09-18) | 81.67% | 11.90% | 1.20x |
| RIOT | 12.0 | 0.04 | 14.33 | 4 (2026-03-27) | 94.61% | 0.33% | 1.17x |
| RIOT | 10.0 | 0.01 | 14.33 | 4 (2026-03-27) | 98.88% | 0.10% | 1.05x |
| RIOT | 2.0 | 0.05 | 14.33 | 194 (2026-12-18) | 99.26% | 2.50% | 1.03x |