Recommendation: NO
Current Price: $63.92
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 | 3.76 | 63.92 | 80 (2027-01-15) | 65.66% | 6.27% | 1.14x |
| SVXY | 60.0 | 1.6 | 63.92 | 40 (2026-11-20) | 71.31% | 2.67% | 1.13x |
| SVXY | 59.0 | 0.49 | 63.92 | 15 (2026-10-16) | 83.72% | 0.83% | 1.12x |
| SVXY | 59.0 | 1.37 | 63.92 | 40 (2026-11-20) | 74.98% | 2.32% | 1.11x |
| SVXY | 58.0 | 1.24 | 63.92 | 40 (2026-11-20) | 77.81% | 2.14% | 1.11x |
| SVXY | 57.0 | 1.09 | 63.92 | 40 (2026-11-20) | 80.51% | 1.91% | 1.10x |
| SVXY | 56.0 | 1.65 | 63.92 | 60 (2026-12-18) | 78.58% | 2.95% | 1.10x |
| SVXY | 57.0 | 0.32 | 63.92 | 15 (2026-10-16) | 89.46% | 0.56% | 1.09x |
| SVXY | 56.0 | 0.9 | 63.92 | 40 (2026-11-20) | 83.43% | 1.61% | 1.09x |
| SVXY | 55.0 | 0.86 | 63.92 | 40 (2026-11-20) | 84.86% | 1.56% | 1.09x |
| SVXY | 55.0 | 1.8 | 63.92 | 80 (2027-01-15) | 79.31% | 3.27% | 1.08x |
| SVXY | 54.0 | 0.8 | 63.92 | 40 (2026-11-20) | 86.30% | 1.48% | 1.08x |
| SVXY | 55.0 | 2.55 | 63.92 | 125 (2027-03-19) | 76.66% | 4.64% | 1.07x |
| SVXY | 55.0 | 6.95 | 63.92 | 345 (2028-01-21) | 71.71% | 12.64% | 1.07x |
| SVXY | 50.0 | 4.2 | 63.92 | 345 (2028-01-21) | 78.88% | 8.40% | 1.05x |