Recommendation: NO
Current Price: $60.62
Total Wheels: 14
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 |
|---|---|---|---|---|---|---|---|
| SVXY | 60.0 | 1.7 | 60.62 | 27 (2026-09-18) | 56.83% | 2.83% | 1.16x |
| SVXY | 59.0 | 1.4 | 60.62 | 27 (2026-09-18) | 63.81% | 2.37% | 1.15x |
| SVXY | 58.0 | 1.25 | 60.62 | 27 (2026-09-18) | 69.22% | 2.16% | 1.15x |
| SVXY | 57.0 | 1.08 | 60.62 | 27 (2026-09-18) | 73.88% | 1.89% | 1.14x |
| SVXY | 56.0 | 0.89 | 60.62 | 27 (2026-09-18) | 78.14% | 1.59% | 1.12x |
| SVXY | 55.0 | 0.7 | 60.62 | 27 (2026-09-18) | 82.50% | 1.27% | 1.10x |
| SVXY | 54.0 | 0.59 | 60.62 | 27 (2026-09-18) | 85.05% | 1.09% | 1.09x |
| SVXY | 53.0 | 0.49 | 60.62 | 27 (2026-09-18) | 87.60% | 0.92% | 1.08x |
| SVXY | 52.0 | 0.41 | 60.62 | 27 (2026-09-18) | 89.63% | 0.79% | 1.07x |