Recommendation: NO
Current Price: $46.29
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 | 45.0 | 1.45 | 46.29 | 19 (2026-04-17) | 62.29% | 3.22% | 1.30x |
| SVXY | 44.0 | 1.15 | 46.29 | 19 (2026-04-17) | 69.03% | 2.61% | 1.27x |
| SVXY | 45.0 | 9.0 | 46.29 | 479 (2028-01-21) | 63.74% | 20.00% | 1.07x |
| SVXY | 30.0 | 0.1 | 46.29 | 19 (2026-04-17) | 98.37% | 0.33% | 1.04x |
| SVXY | 25.0 | 0.16 | 46.29 | 63 (2026-06-18) | 97.63% | 0.64% | 1.03x |