Recommendation: HV
Current Price: $4.54
Total Wheels: 3
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 |
|---|---|---|---|---|---|---|---|
| CLOV | 4.5 | 0.14 | 4.54 | 7 (2026-08-21) | 55.87% | 3.11% | 1.86x |
| CLOV | 4.5 | 0.33 | 4.54 | 17 (2026-09-04) | 55.76% | 7.33% | 1.81x |
| CLOV | 4.5 | 0.08 | 4.54 | 2 (2026-08-14) | 57.81% | 1.78% | 1.67x |
| CLOV | 4.5 | 0.2 | 4.54 | 12 (2026-08-28) | 55.47% | 4.44% | 1.67x |
| CLOV | 4.5 | 0.4 | 4.54 | 27 (2026-09-18) | 56.56% | 8.89% | 1.58x |
| CLOV | 2.5 | 0.03 | 4.54 | 7 (2026-08-21) | 96.46% | 1.20% | 1.51x |
| CLOV | 4.5 | 0.27 | 4.54 | 22 (2026-09-11) | 55.55% | 6.00% | 1.46x |
| CLOV | 4.5 | 0.69 | 4.54 | 72 (2026-11-20) | 58.96% | 15.33% | 1.35x |
| CLOV | 4.0 | 0.13 | 4.54 | 22 (2026-09-11) | 77.20% | 3.25% | 1.33x |
| CLOV | 4.5 | 0.28 | 4.54 | 32 (2026-09-25) | 55.64% | 6.22% | 1.31x |
| CLOV | 4.0 | 0.15 | 4.54 | 27 (2026-09-18) | 75.98% | 3.75% | 1.30x |
| CLOV | 4.0 | 0.18 | 4.54 | 32 (2026-09-25) | 74.76% | 4.50% | 1.30x |
| CLOV | 4.5 | 1.03 | 4.54 | 137 (2027-02-19) | 62.56% | 22.89% | 1.28x |
| CLOV | 4.0 | 0.03 | 4.54 | 7 (2026-08-21) | 89.00% | 0.75% | 1.27x |
| CLOV | 1.5 | 0.01 | 4.54 | 7 (2026-08-21) | 99.16% | 0.67% | 1.27x |
| CLOV | 4.0 | 0.39 | 4.54 | 72 (2026-11-20) | 70.24% | 9.75% | 1.26x |
| CLOV | 4.0 | 0.02 | 4.54 | 2 (2026-08-14) | 92.15% | 0.50% | 1.26x |
| CLOV | 4.5 | 0.71 | 4.54 | 112 (2027-01-15) | 59.27% | 15.78% | 1.22x |
| CLOV | 3.5 | 0.52 | 4.54 | 137 (2027-02-19) | 76.96% | 14.86% | 1.22x |
| CLOV | 4.0 | 0.47 | 4.54 | 112 (2027-01-15) | 69.79% | 11.75% | 1.19x |
| CLOV | 3.5 | 0.36 | 4.54 | 112 (2027-01-15) | 78.26% | 10.29% | 1.19x |
| CLOV | 3.0 | 0.14 | 4.54 | 72 (2026-11-20) | 88.03% | 4.67% | 1.15x |
| CLOV | 3.0 | 0.03 | 4.54 | 17 (2026-09-04) | 95.28% | 1.00% | 1.15x |
| CLOV | 3.0 | 0.23 | 4.54 | 137 (2027-02-19) | 85.48% | 7.67% | 1.12x |
| CLOV | 3.0 | 0.18 | 4.54 | 112 (2027-01-15) | 86.75% | 6.00% | 1.12x |
| CLOV | 2.5 | 0.13 | 4.54 | 112 (2027-01-15) | 91.35% | 5.20% | 1.11x |
| CLOV | 3.5 | 0.01 | 4.54 | 7 (2026-08-21) | 96.36% | 0.29% | 1.10x |
| CLOV | 2.5 | 0.11 | 4.54 | 137 (2027-02-19) | 91.98% | 4.40% | 1.08x |
| CLOV | 1.0 | 0.04 | 4.54 | 137 (2027-02-19) | 98.31% | 4.00% | 1.07x |
| CLOV | 2.0 | 0.08 | 4.54 | 137 (2027-02-19) | 94.89% | 4.00% | 1.07x |
| CLOV | 2.0 | 0.06 | 4.54 | 112 (2027-01-15) | 95.55% | 3.00% | 1.07x |
| CLOV | 3.0 | 0.02 | 4.54 | 27 (2026-09-18) | 96.04% | 0.67% | 1.06x |
| CLOV | 3.5 | 0.01 | 4.54 | 12 (2026-08-28) | 97.19% | 0.29% | 1.06x |
| CLOV | 2.5 | 0.01 | 4.54 | 17 (2026-09-04) | 98.30% | 0.40% | 1.06x |
| CLOV | 1.0 | 0.01 | 4.54 | 72 (2026-11-20) | 99.43% | 1.00% | 1.04x |