Recommendation: HV
Current Price: $24.98
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 | 24.5 | 0.43 | 24.98 | 6 (2026-02-13) | 63.05% | 1.76% | 1.59x |
| GME | 24.0 | 0.27 | 24.98 | 6 (2026-02-13) | 73.85% | 1.13% | 1.42x |
| GME | 24.0 | 0.47 | 24.98 | 11 (2026-02-20) | 68.92% | 1.96% | 1.36x |
| GME | 24.0 | 1.16 | 24.98 | 31 (2026-03-20) | 62.94% | 4.83% | 1.28x |
| GME | 23.0 | 1.45 | 24.98 | 51 (2026-04-17) | 67.99% | 6.30% | 1.23x |
| GME | 23.0 | 0.8 | 24.98 | 31 (2026-03-20) | 71.70% | 3.48% | 1.22x |
| GME | 20.5 | 0.35 | 24.98 | 21 (2026-03-06) | 86.80% | 1.71% | 1.19x |
| GME | 22.5 | 0.2 | 24.98 | 11 (2026-02-20) | 84.63% | 0.89% | 1.19x |
| GME | 23.0 | 0.1 | 24.98 | 6 (2026-02-13) | 92.03% | 0.43% | 1.18x |
| GME | 23.0 | 2.25 | 24.98 | 95 (2026-06-18) | 66.36% | 9.78% | 1.18x |
| GME | 22.0 | 0.55 | 24.98 | 31 (2026-03-20) | 79.34% | 2.50% | 1.17x |
| GME | 22.0 | 0.25 | 24.98 | 16 (2026-02-27) | 85.57% | 1.14% | 1.16x |
| GME | 21.5 | 0.23 | 24.98 | 16 (2026-02-27) | 87.53% | 1.07% | 1.16x |
| GME | 21.0 | 0.75 | 24.98 | 51 (2026-04-17) | 80.14% | 3.57% | 1.15x |
| GME | 22.0 | 0.15 | 24.98 | 11 (2026-02-20) | 89.02% | 0.68% | 1.15x |
| GME | 21.0 | 0.35 | 24.98 | 31 (2026-03-20) | 85.76% | 1.67% | 1.12x |
| GME | 21.0 | 0.1 | 24.98 | 11 (2026-02-20) | 95.12% | 0.48% | 1.11x |
| GME | 21.5 | 0.05 | 24.98 | 6 (2026-02-13) | 94.80% | 0.23% | 1.10x |
| GME | 20.0 | 0.25 | 24.98 | 31 (2026-03-20) | 89.72% | 1.25% | 1.09x |
| GME | 20.0 | 0.12 | 24.98 | 16 (2026-02-27) | 93.47% | 0.60% | 1.09x |
| GME | 15.0 | 0.11 | 24.98 | 31 (2026-03-20) | 96.74% | 0.73% | 1.06x |
| GME | 20.0 | 0.02 | 24.98 | 6 (2026-02-13) | 98.10% | 0.10% | 1.04x |