Recommendation: HV
Current Price: $22.30
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 | 22.0 | 0.7 | 22.30 | 13 (2026-05-29) | 57.56% | 3.18% | 1.42x |
| GME | 21.5 | 0.3 | 22.30 | 8 (2026-05-22) | 71.26% | 1.40% | 1.37x |
| GME | 22.0 | 1.3 | 22.30 | 27 (2026-06-18) | 56.66% | 5.91% | 1.36x |
| GME | 21.0 | 0.87 | 22.30 | 27 (2026-06-18) | 67.29% | 4.14% | 1.29x |
| GME | 20.0 | 0.59 | 22.30 | 27 (2026-06-18) | 76.29% | 2.95% | 1.23x |
| GME | 21.5 | 0.11 | 22.30 | 3 (2026-05-15) | 80.07% | 0.51% | 1.23x |
| GME | 22.0 | 2.45 | 22.30 | 93 (2026-09-18) | 58.02% | 11.14% | 1.18x |
| GME | 21.0 | 1.94 | 22.30 | 93 (2026-09-18) | 63.99% | 9.24% | 1.17x |
| GME | 20.0 | 1.44 | 22.30 | 93 (2026-09-18) | 70.11% | 7.20% | 1.14x |
| GME | 20.0 | 0.13 | 22.30 | 13 (2026-05-29) | 88.20% | 0.65% | 1.12x |
| GME | 18.0 | 1.08 | 22.30 | 113 (2026-10-16) | 78.97% | 6.00% | 1.11x |
| GME | 14.0 | 0.06 | 22.30 | 27 (2026-06-18) | 97.47% | 0.43% | 1.04x |
| GME | 13.0 | 0.05 | 22.30 | 27 (2026-06-18) | 98.03% | 0.38% | 1.04x |
| GME | 17.0 | 0.01 | 22.30 | 3 (2026-05-15) | 99.29% | 0.06% | 1.03x |
| GME | 18.0 | 0.01 | 22.30 | 3 (2026-05-15) | 98.64% | 0.06% | 1.03x |
| GME | 14.0 | 0.07 | 22.30 | 48 (2026-07-17) | 97.20% | 0.50% | 1.03x |
| GME | 20.0 | 0.01 | 22.30 | 3 (2026-05-15) | 97.42% | 0.05% | 1.02x |