Recommendation: HV
Current Price: $18.54
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 | 18.5 | 0.31 | 18.54 | 8 (2026-08-21) | 53.01% | 1.68% | 1.32x |
| GME | 18.5 | 0.44 | 18.54 | 13 (2026-08-28) | 52.85% | 2.38% | 1.27x |
| GME | 18.0 | 0.66 | 18.54 | 28 (2026-09-18) | 62.02% | 3.67% | 1.22x |
| GME | 18.0 | 0.4 | 18.54 | 18 (2026-09-04) | 65.17% | 2.22% | 1.22x |
| GME | 18.0 | 0.13 | 18.54 | 8 (2026-08-21) | 74.75% | 0.72% | 1.18x |
| GME | 18.0 | 0.21 | 18.54 | 13 (2026-08-28) | 70.43% | 1.17% | 1.17x |
| GME | 18.0 | 0.89 | 18.54 | 48 (2026-10-16) | 60.82% | 4.94% | 1.17x |
| GME | 17.0 | 0.33 | 18.54 | 28 (2026-09-18) | 77.39% | 1.94% | 1.14x |
| GME | 18.0 | 1.45 | 18.54 | 93 (2026-12-18) | 60.02% | 8.06% | 1.14x |
| GME | 17.0 | 0.5 | 18.54 | 48 (2026-10-16) | 73.98% | 2.94% | 1.12x |
| GME | 17.0 | 1.12 | 18.54 | 113 (2027-01-15) | 68.42% | 6.59% | 1.10x |
| GME | 16.0 | 0.66 | 18.54 | 93 (2026-12-18) | 77.23% | 4.13% | 1.09x |
| GME | 16.0 | 0.8 | 18.54 | 113 (2027-01-15) | 76.03% | 5.00% | 1.09x |
| GME | 16.0 | 0.26 | 18.54 | 48 (2026-10-16) | 84.44% | 1.63% | 1.07x |
| GME | 17.0 | 0.03 | 18.54 | 8 (2026-08-21) | 93.73% | 0.18% | 1.05x |
| GME | 18.0 | 0.02 | 18.54 | 3 (2026-08-14) | 90.31% | 0.11% | 1.05x |
| GME | 15.0 | 0.03 | 18.54 | 13 (2026-08-28) | 96.84% | 0.20% | 1.04x |
| GME | 14.0 | 0.01 | 18.54 | 3 (2026-08-14) | 98.83% | 0.07% | 1.04x |
| GME | 14.0 | 0.05 | 18.54 | 28 (2026-09-18) | 96.11% | 0.36% | 1.03x |
| GME | 10.0 | 0.06 | 18.54 | 48 (2026-10-16) | 97.67% | 0.60% | 1.03x |
| GME | 16.5 | 0.01 | 18.54 | 3 (2026-08-14) | 98.16% | 0.06% | 1.03x |
| GME | 17.0 | 0.01 | 18.54 | 3 (2026-08-14) | 98.05% | 0.06% | 1.03x |
| GME | 17.5 | 0.01 | 18.54 | 3 (2026-08-14) | 95.05% | 0.06% | 1.03x |
| GME | 13.0 | 0.01 | 18.54 | 8 (2026-08-21) | 98.85% | 0.08% | 1.02x |
| GME | 14.0 | 0.01 | 18.54 | 8 (2026-08-21) | 98.85% | 0.07% | 1.02x |
| GME | 13.0 | 0.02 | 18.54 | 18 (2026-09-04) | 98.36% | 0.15% | 1.02x |
| GME | 15.0 | 0.01 | 18.54 | 8 (2026-08-21) | 99.03% | 0.07% | 1.02x |