Recommendation: HV
Current Price: $5.78
Total Wheels: 19
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 |
|---|---|---|---|---|---|---|---|
| NIO | 3.5 | 0.05 | 5.78 | 2 (2026-03-27) | 94.73% | 1.43% | 1.97x |
| NIO | 5.5 | 0.09 | 5.78 | 6 (2026-04-02) | 72.50% | 1.64% | 1.64x |
| NIO | 5.5 | 0.15 | 5.78 | 12 (2026-04-10) | 68.27% | 2.73% | 1.47x |
| NIO | 5.5 | 0.25 | 5.78 | 22 (2026-04-24) | 64.93% | 4.55% | 1.40x |
| NIO | 5.5 | 0.29 | 5.78 | 27 (2026-05-01) | 64.21% | 5.27% | 1.36x |
| NIO | 3.0 | 0.02 | 5.78 | 6 (2026-04-02) | 97.72% | 0.67% | 1.31x |
| NIO | 5.5 | 0.52 | 5.78 | 61 (2026-06-18) | 62.62% | 9.45% | 1.27x |
| NIO | 5.0 | 0.2 | 5.78 | 37 (2026-05-15) | 76.15% | 4.00% | 1.23x |
| NIO | 5.0 | 0.13 | 5.78 | 27 (2026-05-01) | 80.44% | 2.60% | 1.21x |
| NIO | 5.0 | 0.1 | 5.78 | 22 (2026-04-24) | 84.74% | 2.00% | 1.21x |
| NIO | 5.0 | 0.31 | 5.78 | 61 (2026-06-18) | 74.02% | 6.20% | 1.20x |
| NIO | 5.0 | 0.07 | 5.78 | 17 (2026-04-17) | 84.95% | 1.40% | 1.19x |
| NIO | 3.0 | 0.01 | 5.78 | 2 (2026-03-27) | 98.56% | 0.33% | 1.18x |
| NIO | 5.5 | 0.02 | 5.78 | 2 (2026-03-27) | 86.38% | 0.36% | 1.17x |
| NIO | 5.0 | 0.02 | 5.78 | 6 (2026-04-02) | 93.31% | 0.40% | 1.17x |
| NIO | 5.0 | 0.46 | 5.78 | 107 (2026-08-21) | 71.96% | 9.20% | 1.16x |
| NIO | 5.0 | 0.04 | 5.78 | 12 (2026-04-10) | 88.56% | 0.80% | 1.16x |
| NIO | 4.5 | 0.18 | 5.78 | 61 (2026-06-18) | 83.48% | 4.00% | 1.15x |
| NIO | 5.0 | 0.66 | 5.78 | 172 (2026-11-20) | 70.97% | 13.20% | 1.14x |
| NIO | 4.5 | 0.06 | 5.78 | 27 (2026-05-01) | 90.11% | 1.33% | 1.12x |
| NIO | 4.5 | 0.01 | 5.78 | 2 (2026-03-27) | 96.95% | 0.22% | 1.11x |
| NIO | 4.0 | 0.02 | 5.78 | 12 (2026-04-10) | 95.90% | 0.50% | 1.11x |
| NIO | 5.0 | 0.01 | 5.78 | 2 (2026-03-27) | 94.67% | 0.20% | 1.10x |
| NIO | 4.5 | 0.04 | 5.78 | 22 (2026-04-24) | 91.99% | 0.89% | 1.10x |
| NIO | 4.0 | 0.1 | 5.78 | 61 (2026-06-18) | 90.62% | 2.50% | 1.10x |
| NIO | 3.0 | 0.04 | 5.78 | 37 (2026-05-15) | 96.12% | 1.33% | 1.09x |
| NIO | 4.0 | 0.17 | 5.78 | 107 (2026-08-21) | 87.37% | 4.25% | 1.09x |
| NIO | 4.0 | 0.05 | 5.78 | 37 (2026-05-15) | 93.13% | 1.25% | 1.08x |
| NIO | 3.5 | 0.03 | 5.78 | 27 (2026-05-01) | 95.87% | 0.86% | 1.08x |
| NIO | 4.0 | 0.02 | 5.78 | 17 (2026-04-17) | 96.34% | 0.50% | 1.07x |
| NIO | 2.0 | 0.02 | 5.78 | 37 (2026-05-15) | 98.66% | 1.00% | 1.07x |
| NIO | 2.0 | 0.04 | 5.78 | 107 (2026-08-21) | 97.69% | 2.00% | 1.05x |