Recommendation: HV
Current Price: $22.82
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 | 22.5 | 0.33 | 22.82 | 4 (2025-06-27) | 61.75% | 1.47% | 1.58x |
| GME | 22.5 | 0.5 | 22.82 | 8 (2025-07-03) | 59.54% | 2.22% | 1.51x |
| GME | 22.0 | 0.35 | 22.82 | 8 (2025-07-03) | 69.80% | 1.59% | 1.42x |
| GME | 22.0 | 0.19 | 22.82 | 4 (2025-06-27) | 75.57% | 0.86% | 1.39x |
| GME | 22.5 | 1.52 | 22.82 | 29 (2025-08-01) | 56.88% | 6.76% | 1.39x |
| GME | 22.0 | 0.86 | 22.82 | 19 (2025-07-18) | 63.22% | 3.91% | 1.38x |
| GME | 22.0 | 0.57 | 22.82 | 14 (2025-07-11) | 65.90% | 2.59% | 1.36x |
| GME | 22.0 | 1.27 | 22.82 | 29 (2025-08-01) | 61.57% | 5.77% | 1.35x |
| GME | 22.0 | 1.02 | 22.82 | 24 (2025-07-25) | 62.41% | 4.64% | 1.35x |
| GME | 22.0 | 1.7 | 22.82 | 39 (2025-08-15) | 60.98% | 7.73% | 1.35x |
| GME | 22.0 | 3.33 | 22.82 | 84 (2025-10-17) E | 61.92% | 15.14% | 1.31x |
| GME | 21.0 | 1.28 | 22.82 | 39 (2025-08-15) | 68.19% | 6.10% | 1.30x |
| GME | 21.0 | 0.87 | 22.82 | 29 (2025-08-01) | 70.65% | 4.14% | 1.28x |
| GME | 21.0 | 0.69 | 22.82 | 24 (2025-07-25) | 72.44% | 3.29% | 1.28x |
| GME | 21.5 | 0.21 | 22.82 | 8 (2025-07-03) | 79.35% | 0.98% | 1.28x |
| GME | 21.0 | 2.68 | 22.82 | 84 (2025-10-17) E | 66.03% | 12.76% | 1.27x |
| GME | 21.0 | 0.5 | 22.82 | 19 (2025-07-18) | 74.47% | 2.38% | 1.26x |
| GME | 20.0 | 2.19 | 22.82 | 84 (2025-10-17) E | 70.31% | 10.95% | 1.25x |
| GME | 22.0 | 4.5 | 22.82 | 149 (2026-01-16) E | 63.80% | 20.45% | 1.23x |
| GME | 20.0 | 0.61 | 22.82 | 29 (2025-08-01) | 78.25% | 3.05% | 1.23x |
| GME | 21.0 | 0.16 | 22.82 | 8 (2025-07-03) | 84.60% | 0.76% | 1.22x |
| GME | 20.0 | 0.84 | 22.82 | 39 (2025-08-15) | 75.70% | 4.20% | 1.22x |
| GME | 19.0 | 1.75 | 22.82 | 84 (2025-10-17) E | 74.57% | 9.21% | 1.22x |
| GME | 21.0 | 3.85 | 22.82 | 149 (2026-01-16) E | 66.77% | 18.33% | 1.22x |
| GME | 21.5 | 0.1 | 22.82 | 4 (2025-06-27) | 82.77% | 0.47% | 1.21x |
| GME | 21.0 | 0.28 | 22.82 | 14 (2025-07-11) | 80.13% | 1.33% | 1.21x |
| GME | 20.0 | 3.4 | 22.82 | 149 (2026-01-16) E | 69.95% | 17.00% | 1.21x |
| GME | 20.0 | 0.42 | 22.82 | 24 (2025-07-25) | 81.18% | 2.10% | 1.19x |
| GME | 19.0 | 2.84 | 22.82 | 149 (2026-01-16) E | 73.08% | 14.95% | 1.19x |
| GME | 18.0 | 1.35 | 22.82 | 84 (2025-10-17) E | 78.80% | 7.50% | 1.19x |
| GME | 21.0 | 0.08 | 22.82 | 4 (2025-06-27) | 89.75% | 0.38% | 1.19x |
| GME | 19.0 | 0.62 | 22.82 | 39 (2025-08-15) | 81.43% | 3.26% | 1.18x |
| GME | 18.0 | 2.48 | 22.82 | 149 (2026-01-16) E | 76.11% | 13.78% | 1.18x |
| GME | 20.0 | 0.28 | 22.82 | 19 (2025-07-18) | 84.46% | 1.40% | 1.17x |
| GME | 20.0 | 4.72 | 22.82 | 258 (2026-06-18) E | 71.08% | 23.60% | 1.16x |
| GME | 17.0 | 1.99 | 22.82 | 149 (2026-01-16) E | 79.25% | 11.71% | 1.16x |
| GME | 17.5 | 0.28 | 22.82 | 24 (2025-07-25) | 89.80% | 1.60% | 1.16x |
| GME | 16.0 | 1.67 | 22.82 | 149 (2026-01-16) E | 82.10% | 10.44% | 1.15x |
| GME | 17.5 | 0.14 | 22.82 | 14 (2025-07-11) | 93.13% | 0.80% | 1.14x |
| GME | 20.0 | 0.09 | 22.82 | 8 (2025-07-03) | 91.82% | 0.45% | 1.14x |
| GME | 14.0 | 0.66 | 22.82 | 84 (2025-10-17) E | 89.73% | 4.71% | 1.13x |
| GME | 15.0 | 1.33 | 22.82 | 149 (2026-01-16) E | 84.94% | 8.87% | 1.13x |
| GME | 18.0 | 0.39 | 22.82 | 39 (2025-08-15) | 87.01% | 2.17% | 1.13x |
| GME | 20.0 | 0.15 | 22.82 | 14 (2025-07-11) | 88.69% | 0.75% | 1.13x |
| GME | 19.0 | 0.29 | 22.82 | 29 (2025-08-01) | 86.82% | 1.53% | 1.12x |
| GME | 15.0 | 0.62 | 22.82 | 84 (2025-10-17) E | 88.88% | 4.13% | 1.11x |
| GME | 19.0 | 0.16 | 22.82 | 19 (2025-07-18) | 90.41% | 0.84% | 1.11x |
| GME | 13.0 | 1.58 | 22.82 | 258 (2026-06-18) E | 87.21% | 12.15% | 1.10x |
| GME | 18.0 | 0.22 | 22.82 | 29 (2025-08-01) | 90.32% | 1.22% | 1.10x |
| GME | 14.0 | 0.88 | 22.82 | 149 (2026-01-16) E | 88.38% | 6.29% | 1.10x |
| GME | 13.0 | 0.76 | 22.82 | 149 (2026-01-16) E | 90.22% | 5.85% | 1.09x |
| GME | 17.0 | 0.25 | 22.82 | 39 (2025-08-15) | 91.21% | 1.47% | 1.09x |
| GME | 16.0 | 0.23 | 22.82 | 39 (2025-08-15) | 92.62% | 1.44% | 1.09x |
| GME | 14.0 | 0.11 | 22.82 | 24 (2025-07-25) | 96.43% | 0.79% | 1.08x |
| GME | 19.0 | 0.03 | 22.82 | 4 (2025-06-27) | 96.74% | 0.16% | 1.08x |
| GME | 20.0 | 0.03 | 22.82 | 4 (2025-06-27) | 95.89% | 0.15% | 1.08x |
| GME | 18.0 | 0.1 | 22.82 | 19 (2025-07-18) | 95.90% | 0.56% | 1.07x |
| GME | 18.0 | 0.04 | 22.82 | 8 (2025-07-03) | 96.80% | 0.22% | 1.07x |
| GME | 17.0 | 0.09 | 22.82 | 19 (2025-07-18) | 95.25% | 0.53% | 1.07x |
| GME | 19.0 | 0.04 | 22.82 | 8 (2025-07-03) | 96.15% | 0.21% | 1.07x |
| GME | 19.0 | 0.07 | 22.82 | 14 (2025-07-11) | 94.07% | 0.37% | 1.06x |
| GME | 16.0 | 0.07 | 22.82 | 19 (2025-07-18) | 96.69% | 0.44% | 1.06x |
| GME | 18.0 | 0.02 | 22.82 | 4 (2025-06-27) | 98.34% | 0.11% | 1.06x |
| GME | 15.0 | 0.13 | 22.82 | 39 (2025-08-15) | 95.41% | 0.87% | 1.05x |
| GME | 16.0 | 0.01 | 22.82 | 4 (2025-06-27) | 99.35% | 0.06% | 1.03x |
| GME | 15.0 | 0.03 | 22.82 | 19 (2025-07-18) | 98.43% | 0.20% | 1.03x |
| GME | 10.0 | 0.04 | 22.82 | 39 (2025-08-15) | 98.88% | 0.40% | 1.03x |
| GME | 15.0 | 0.02 | 22.82 | 14 (2025-07-11) | 98.65% | 0.13% | 1.02x |
| GME | 15.0 | 0.01 | 22.82 | 8 (2025-07-03) | 99.09% | 0.07% | 1.02x |
| GME | 13.0 | 0.01 | 22.82 | 19 (2025-07-18) | 99.46% | 0.08% | 1.01x |