Recommendation: HV
Current Price: $16.24
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 | 15.0 | 0.15 | 16.24 | 4 (2026-11-13) | 82.36% | 1.00% | 1.51x |
| FSLY | 13.0 | 0.1 | 16.24 | 4 (2026-11-13) | 92.55% | 0.77% | 1.43x |
| FSLY | 15.0 | 1.4 | 16.24 | 49 (2027-01-15) | 66.05% | 9.33% | 1.36x |
| FSLY | 15.0 | 2.45 | 16.24 | 94 (2027-03-19) | 66.03% | 16.33% | 1.32x |
| FSLY | 12.5 | 1.35 | 16.24 | 94 (2027-03-19) | 78.10% | 10.80% | 1.24x |
| FSLY | 13.5 | 0.05 | 16.24 | 4 (2026-11-13) | 94.16% | 0.37% | 1.19x |
| FSLY | 12.5 | 0.08 | 16.24 | 9 (2026-11-20) | 94.08% | 0.64% | 1.18x |
| FSLY | 14.0 | 0.05 | 16.24 | 4 (2026-11-13) | 93.37% | 0.36% | 1.18x |
| FSLY | 12.0 | 0.05 | 16.24 | 9 (2026-11-20) | 95.89% | 0.42% | 1.12x |
| FSLY | 2.5 | 0.05 | 16.24 | 49 (2027-01-15) | 99.29% | 2.00% | 1.11x |
| FSLY | 7.5 | 0.04 | 16.24 | 29 (2026-12-18) | 98.42% | 0.53% | 1.05x |
| FSLY | 7.5 | 0.05 | 16.24 | 49 (2027-01-15) | 98.09% | 0.67% | 1.03x |