Recommendation: HV
Current Price: $23.08
Total Wheels: 24
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 |
|---|---|---|---|---|---|---|---|
| GME | 23.0 | 0.5 | 23.08 | 6 (2026-04-02) | 53.61% | 2.17% | 1.63x |
| GME | 22.5 | 0.28 | 23.08 | 6 (2026-04-02) | 68.21% | 1.24% | 1.43x |
| GME | 23.0 | 0.29 | 23.08 | 2 (2026-03-27) | 54.60% | 1.26% | 1.41x |
| GME | 23.0 | 0.65 | 23.08 | 12 (2026-04-10) | 53.51% | 2.83% | 1.37x |
| GME | 23.0 | 0.81 | 23.08 | 17 (2026-04-17) | 53.54% | 3.52% | 1.32x |
| GME | 22.0 | 0.18 | 23.08 | 6 (2026-04-02) | 78.80% | 0.82% | 1.31x |
| GME | 23.0 | 0.89 | 23.08 | 22 (2026-04-24) | 53.62% | 3.87% | 1.27x |
| GME | 22.5 | 0.14 | 23.08 | 2 (2026-03-27) | 74.95% | 0.62% | 1.26x |
| GME | 21.5 | 0.14 | 23.08 | 6 (2026-04-02) | 84.50% | 0.65% | 1.26x |
| GME | 22.5 | 0.36 | 23.08 | 12 (2026-04-10) | 66.16% | 1.60% | 1.25x |
| GME | 21.5 | 0.72 | 23.08 | 27 (2026-05-01) | 70.61% | 3.35% | 1.24x |
| GME | 22.5 | 0.85 | 23.08 | 27 (2026-05-01) | 60.79% | 3.78% | 1.24x |
| GME | 23.0 | 1.25 | 23.08 | 37 (2026-05-15) | 54.08% | 5.43% | 1.22x |
| GME | 22.0 | 0.27 | 23.08 | 12 (2026-04-10) | 74.91% | 1.23% | 1.21x |
| GME | 22.0 | 0.4 | 23.08 | 17 (2026-04-17) | 71.50% | 1.82% | 1.21x |
| GME | 22.5 | 0.59 | 23.08 | 22 (2026-04-24) | 62.76% | 2.62% | 1.21x |
| GME | 23.0 | 0.85 | 23.08 | 27 (2026-05-01) | 53.66% | 3.70% | 1.20x |
| GME | 23.0 | 1.72 | 23.08 | 61 (2026-06-18) | 54.91% | 7.48% | 1.18x |
| GME | 19.5 | 0.17 | 23.08 | 12 (2026-04-10) | 89.67% | 0.87% | 1.18x |
| GME | 22.0 | 0.08 | 23.08 | 2 (2026-03-27) | 85.55% | 0.36% | 1.17x |
| GME | 22.0 | 0.42 | 23.08 | 22 (2026-04-24) | 71.02% | 1.91% | 1.17x |
| GME | 22.0 | 0.7 | 23.08 | 37 (2026-05-15) | 67.57% | 3.18% | 1.16x |
| GME | 21.0 | 0.08 | 23.08 | 6 (2026-04-02) | 90.27% | 0.38% | 1.16x |
| GME | 23.0 | 1.99 | 23.08 | 82 (2026-07-17) | 55.48% | 8.65% | 1.15x |
| GME | 22.0 | 1.21 | 23.08 | 61 (2026-06-18) | 63.89% | 5.50% | 1.15x |
| GME | 21.5 | 0.17 | 23.08 | 12 (2026-04-10) | 82.98% | 0.79% | 1.15x |
| GME | 22.0 | 0.46 | 23.08 | 27 (2026-05-01) | 70.29% | 2.09% | 1.15x |
| GME | 20.5 | 0.07 | 23.08 | 6 (2026-04-02) | 92.46% | 0.34% | 1.14x |
| GME | 20.5 | 0.27 | 23.08 | 22 (2026-04-24) | 83.77% | 1.32% | 1.13x |
| GME | 23.0 | 2.6 | 23.08 | 127 (2026-09-18) | 56.68% | 11.30% | 1.13x |
| GME | 21.0 | 0.35 | 23.08 | 27 (2026-05-01) | 79.53% | 1.67% | 1.13x |
| GME | 21.0 | 0.85 | 23.08 | 61 (2026-06-18) | 72.35% | 4.05% | 1.13x |
| GME | 21.0 | 0.2 | 23.08 | 17 (2026-04-17) | 83.86% | 0.95% | 1.13x |
| GME | 21.0 | 1.17 | 23.08 | 82 (2026-07-17) | 70.16% | 5.57% | 1.13x |
| GME | 21.0 | 0.13 | 23.08 | 12 (2026-04-10) | 87.20% | 0.62% | 1.12x |
| GME | 21.0 | 0.45 | 23.08 | 37 (2026-05-15) | 77.40% | 2.14% | 1.12x |
| GME | 21.0 | 0.24 | 23.08 | 22 (2026-04-24) | 82.75% | 1.14% | 1.11x |
| GME | 21.5 | 0.05 | 23.08 | 2 (2026-03-27) | 91.77% | 0.23% | 1.11x |
| GME | 20.0 | 0.6 | 23.08 | 61 (2026-06-18) | 78.87% | 3.00% | 1.10x |
| GME | 20.0 | 0.82 | 23.08 | 82 (2026-07-17) | 76.94% | 4.10% | 1.10x |
| GME | 18.0 | 0.59 | 23.08 | 82 (2026-07-17) | 84.84% | 3.28% | 1.09x |
| GME | 19.0 | 0.64 | 23.08 | 82 (2026-07-17) | 81.92% | 3.37% | 1.09x |
| GME | 20.0 | 0.04 | 23.08 | 6 (2026-04-02) | 95.35% | 0.20% | 1.08x |
| GME | 20.0 | 0.27 | 23.08 | 37 (2026-05-15) | 85.55% | 1.35% | 1.08x |
| GME | 20.0 | 0.08 | 23.08 | 12 (2026-04-10) | 92.64% | 0.40% | 1.08x |
| GME | 20.0 | 0.15 | 23.08 | 22 (2026-04-24) | 89.20% | 0.75% | 1.08x |
| GME | 21.0 | 0.03 | 23.08 | 2 (2026-03-27) | 95.18% | 0.14% | 1.07x |
| GME | 17.0 | 0.3 | 23.08 | 61 (2026-06-18) | 90.84% | 1.76% | 1.07x |
| GME | 19.0 | 0.03 | 23.08 | 6 (2026-04-02) | 97.15% | 0.16% | 1.07x |
| GME | 19.5 | 0.03 | 23.08 | 6 (2026-04-02) | 96.57% | 0.15% | 1.06x |
| GME | 20.0 | 0.09 | 23.08 | 17 (2026-04-17) | 92.17% | 0.45% | 1.06x |
| GME | 19.0 | 0.08 | 23.08 | 17 (2026-04-17) | 94.03% | 0.42% | 1.06x |
| GME | 19.0 | 0.18 | 23.08 | 37 (2026-05-15) | 90.34% | 0.95% | 1.06x |
| GME | 20.0 | 0.02 | 23.08 | 2 (2026-03-27) | 97.40% | 0.10% | 1.05x |
| GME | 20.5 | 0.02 | 23.08 | 2 (2026-03-27) | 97.10% | 0.10% | 1.05x |
| GME | 18.5 | 0.01 | 23.08 | 2 (2026-03-27) | 99.26% | 0.05% | 1.03x |
| GME | 19.0 | 0.01 | 23.08 | 2 (2026-03-27) | 98.42% | 0.05% | 1.03x |
| GME | 19.5 | 0.01 | 23.08 | 2 (2026-03-27) | 98.31% | 0.05% | 1.03x |
| GME | 18.0 | 0.01 | 23.08 | 6 (2026-04-02) | 98.96% | 0.06% | 1.02x |
| GME | 15.0 | 0.02 | 23.08 | 17 (2026-04-17) | 98.72% | 0.13% | 1.02x |
| GME | 18.0 | 0.02 | 23.08 | 17 (2026-04-17) | 98.50% | 0.11% | 1.02x |
| GME | 20.0 | 0.02 | 23.08 | 27 (2026-05-01) | 97.58% | 0.10% | 1.01x |