Recommendation: HV
Current Price: $27.43
Total Wheels: 4
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 |
|---|---|---|---|---|---|---|---|
| FSLY | 27.0 | 1.1 | 27.43 | 4 (2026-04-02) | 57.57% | 4.07% | 3.22x |
| FSLY | 25.0 | 1.4 | 27.43 | 15 (2026-04-17) | 69.53% | 5.60% | 1.90x |
| FSLY | 25.0 | 1.75 | 27.43 | 20 (2026-04-24) | 68.48% | 7.00% | 1.80x |
| FSLY | 25.0 | 4.0 | 27.43 | 59 (2026-06-18) | 66.94% | 16.00% | 1.54x |
| FSLY | 22.5 | 0.45 | 27.43 | 10 (2026-04-10) | 85.75% | 2.00% | 1.53x |
| FSLY | 22.5 | 0.65 | 27.43 | 15 (2026-04-17) | 83.16% | 2.89% | 1.49x |
| FSLY | 22.5 | 2.8 | 27.43 | 59 (2026-06-18) | 74.17% | 12.44% | 1.46x |
| FSLY | 20.0 | 1.85 | 27.43 | 59 (2026-06-18) | 81.14% | 9.25% | 1.36x |
| FSLY | 22.5 | 4.3 | 27.43 | 125 (2026-09-18) | 73.74% | 19.11% | 1.30x |
| FSLY | 20.0 | 3.2 | 27.43 | 125 (2026-09-18) | 79.06% | 16.00% | 1.27x |
| FSLY | 25.0 | 7.0 | 27.43 | 210 (2027-01-15) | 70.14% | 28.00% | 1.24x |
| FSLY | 22.5 | 5.7 | 27.43 | 210 (2027-01-15) | 74.56% | 25.33% | 1.23x |
| FSLY | 20.0 | 4.4 | 27.43 | 210 (2027-01-15) | 78.89% | 22.00% | 1.21x |
| FSLY | 2.5 | 0.05 | 27.43 | 210 (2027-01-15) | 99.65% | 2.00% | 1.02x |
| FSLY | 10.0 | 0.01 | 27.43 | 15 (2026-04-17) | 99.78% | 0.10% | 1.02x |