Recommendation: HV
Current Price: $14.45
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 | 0.54 | 14.45 | 5 (2026-02-13) | 62.08% | 3.86% | 3.30x |
| RIOT | 13.5 | 0.37 | 14.45 | 5 (2026-02-13) | 71.66% | 2.74% | 2.67x |
| RIOT | 14.0 | 0.8 | 14.45 | 10 (2026-02-20) | 60.52% | 5.71% | 2.36x |
| RIOT | 13.5 | 0.6 | 14.45 | 10 (2026-02-20) | 68.00% | 4.44% | 2.12x |
| RIOT | 13.0 | 0.44 | 14.45 | 10 (2026-02-20) | 74.78% | 3.38% | 1.88x |
| RIOT | 13.0 | 0.68 | 14.45 | 15 (2026-02-27) | 71.61% | 5.23% | 1.85x |
| RIOT | 12.5 | 0.35 | 14.45 | 10 (2026-02-20) | 79.82% | 2.80% | 1.75x |
| RIOT | 14.0 | 1.48 | 14.45 | 30 (2026-03-20) | 60.19% | 10.57% | 1.68x |
| RIOT | 13.0 | 1.11 | 14.45 | 30 (2026-03-20) | 68.89% | 8.54% | 1.62x |
| RIOT | 12.0 | 0.25 | 14.45 | 10 (2026-02-20) | 84.81% | 2.08% | 1.55x |
| RIOT | 14.0 | 1.95 | 14.45 | 50 (2026-04-17) | 60.98% | 13.93% | 1.51x |
| RIOT | 13.0 | 1.53 | 14.45 | 50 (2026-04-17) | 67.99% | 11.77% | 1.47x |
| RIOT | 12.0 | 1.1 | 14.45 | 50 (2026-04-17) | 74.69% | 9.17% | 1.40x |
| RIOT | 14.0 | 2.6 | 14.45 | 94 (2026-06-18) | 62.57% | 18.57% | 1.34x |
| RIOT | 13.0 | 2.01 | 14.45 | 94 (2026-06-18) | 67.95% | 15.46% | 1.31x |
| RIOT | 10.0 | 0.33 | 14.45 | 30 (2026-03-20) | 88.79% | 3.30% | 1.27x |
| RIOT | 13.0 | 2.81 | 14.45 | 160 (2026-09-18) | 68.99% | 21.62% | 1.24x |
| RIOT | 14.0 | 3.2 | 14.45 | 160 (2026-09-18) | 64.37% | 22.86% | 1.24x |
| RIOT | 9.0 | 0.03 | 14.45 | 5 (2026-02-13) | 97.94% | 0.33% | 1.18x |
| RIOT | 8.0 | 0.15 | 14.45 | 50 (2026-04-17) | 94.99% | 1.87% | 1.09x |
| RIOT | 5.0 | 0.05 | 14.45 | 30 (2026-03-20) | 98.52% | 1.00% | 1.09x |
| RIOT | 1.0 | 0.03 | 14.45 | 160 (2026-09-18) | 99.67% | 3.00% | 1.05x |