Recommendation: HV
Current Price: $21.23
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 | 21.0 | 0.27 | 21.23 | 5 (2025-12-19) | 60.63% | 1.29% | 1.48x |
| GME | 21.0 | 0.41 | 21.23 | 10 (2025-12-26) | 58.41% | 1.95% | 1.33x |
| GME | 21.0 | 0.58 | 21.23 | 15 (2026-01-02) | 57.09% | 2.76% | 1.30x |
| GME | 20.5 | 0.13 | 21.23 | 5 (2025-12-19) | 78.02% | 0.63% | 1.28x |
| GME | 21.0 | 0.74 | 21.23 | 20 (2026-01-09) | 56.49% | 3.52% | 1.28x |
| GME | 21.0 | 0.87 | 21.23 | 25 (2026-01-16) | 56.25% | 4.14% | 1.26x |
| GME | 21.0 | 1.03 | 21.23 | 30 (2026-01-23) | 56.12% | 4.90% | 1.26x |
| GME | 20.0 | 0.17 | 21.23 | 10 (2025-12-26) | 80.53% | 0.85% | 1.19x |
| GME | 20.0 | 0.47 | 21.23 | 25 (2026-01-16) | 71.64% | 2.35% | 1.18x |
| GME | 20.0 | 0.26 | 21.23 | 15 (2026-01-02) | 76.84% | 1.30% | 1.18x |
| GME | 20.0 | 0.36 | 21.23 | 20 (2026-01-09) | 73.99% | 1.80% | 1.18x |
| GME | 20.0 | 0.55 | 21.23 | 30 (2026-01-23) | 70.34% | 2.75% | 1.17x |
| GME | 21.0 | 2.15 | 21.23 | 90 (2026-04-17) | 57.35% | 10.24% | 1.17x |
| GME | 20.0 | 0.07 | 21.23 | 5 (2025-12-19) | 87.78% | 0.35% | 1.17x |
| GME | 20.0 | 1.72 | 21.23 | 90 (2026-04-17) | 64.12% | 8.60% | 1.16x |
| GME | 21.0 | 2.84 | 21.23 | 134 (2026-06-18) | 58.69% | 13.52% | 1.15x |
| GME | 19.5 | 0.06 | 21.23 | 5 (2025-12-19) | 91.34% | 0.31% | 1.15x |
| GME | 20.0 | 2.32 | 21.23 | 134 (2026-06-18) | 63.91% | 11.60% | 1.14x |
| GME | 19.0 | 1.27 | 21.23 | 90 (2026-04-17) | 70.76% | 6.68% | 1.14x |
| GME | 19.0 | 0.23 | 21.23 | 20 (2026-01-09) | 83.87% | 1.21% | 1.14x |
| GME | 19.0 | 0.27 | 21.23 | 25 (2026-01-16) | 82.58% | 1.42% | 1.12x |
| GME | 18.0 | 0.99 | 21.23 | 90 (2026-04-17) | 76.46% | 5.50% | 1.12x |
| GME | 19.0 | 0.09 | 21.23 | 10 (2025-12-26) | 90.25% | 0.47% | 1.11x |
| GME | 18.0 | 0.04 | 21.23 | 5 (2025-12-19) | 95.47% | 0.22% | 1.11x |
| GME | 15.0 | 0.1 | 21.23 | 15 (2026-01-02) | 95.35% | 0.67% | 1.11x |
| GME | 12.0 | 0.13 | 21.23 | 25 (2026-01-16) | 96.21% | 1.08% | 1.11x |
| GME | 19.0 | 0.04 | 21.23 | 5 (2025-12-19) | 94.01% | 0.21% | 1.10x |
| GME | 17.0 | 0.1 | 21.23 | 15 (2026-01-02) | 93.12% | 0.59% | 1.10x |
| GME | 12.0 | 0.09 | 21.23 | 20 (2026-01-09) | 97.12% | 0.75% | 1.10x |
| GME | 17.0 | 0.03 | 21.23 | 5 (2025-12-19) | 97.32% | 0.18% | 1.09x |
| GME | 18.0 | 0.16 | 21.23 | 25 (2026-01-16) | 89.42% | 0.89% | 1.08x |
| GME | 16.0 | 0.5 | 21.23 | 90 (2026-04-17) | 85.87% | 3.12% | 1.08x |
| GME | 14.0 | 0.6 | 21.23 | 134 (2026-06-18) | 88.47% | 4.29% | 1.07x |
| GME | 18.0 | 0.08 | 21.23 | 15 (2026-01-02) | 93.30% | 0.44% | 1.07x |
| GME | 15.0 | 0.42 | 21.23 | 90 (2026-04-17) | 89.11% | 2.80% | 1.07x |
| GME | 18.0 | 0.05 | 21.23 | 10 (2025-12-26) | 95.05% | 0.28% | 1.07x |
| GME | 16.0 | 0.02 | 21.23 | 5 (2025-12-19) | 98.35% | 0.13% | 1.06x |
| GME | 16.0 | 0.1 | 21.23 | 25 (2026-01-16) | 96.52% | 0.63% | 1.06x |
| GME | 17.0 | 0.11 | 21.23 | 25 (2026-01-16) | 93.13% | 0.65% | 1.06x |
| GME | 17.0 | 0.03 | 21.23 | 10 (2025-12-26) | 96.94% | 0.18% | 1.04x |
| GME | 12.0 | 0.17 | 21.23 | 90 (2026-04-17) | 95.58% | 1.42% | 1.04x |
| GME | 14.0 | 0.05 | 21.23 | 25 (2026-01-16) | 97.54% | 0.36% | 1.04x |
| GME | 11.0 | 0.01 | 21.23 | 15 (2026-01-02) | 99.68% | 0.09% | 1.02x |