Recommendation: HV
Current Price: $24.52
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 | 0.97 | 24.52 | 8 (2026-02-13) | 52.41% | 3.96% | 1.91x |
| GME | 24.5 | 0.6 | 24.52 | 3 (2026-02-06) | 51.83% | 2.45% | 1.89x |
| GME | 24.0 | 0.72 | 24.52 | 8 (2026-02-13) | 60.52% | 3.00% | 1.76x |
| GME | 24.5 | 1.23 | 24.52 | 13 (2026-02-20) | 52.90% | 5.02% | 1.66x |
| GME | 23.5 | 0.54 | 24.52 | 8 (2026-02-13) | 68.18% | 2.30% | 1.63x |
| GME | 24.0 | 0.33 | 24.52 | 3 (2026-02-06) | 65.84% | 1.38% | 1.57x |
| GME | 24.0 | 0.93 | 24.52 | 13 (2026-02-20) | 59.48% | 3.87% | 1.56x |
| GME | 24.5 | 1.46 | 24.52 | 18 (2026-02-27) | 53.35% | 5.96% | 1.55x |
| GME | 23.5 | 0.78 | 24.52 | 13 (2026-02-20) | 65.49% | 3.32% | 1.52x |
| GME | 24.0 | 1.2 | 24.52 | 18 (2026-02-27) | 58.80% | 5.00% | 1.50x |
| GME | 24.5 | 1.66 | 24.52 | 23 (2026-03-06) | 53.75% | 6.78% | 1.48x |
| GME | 23.5 | 1.01 | 24.52 | 18 (2026-02-27) | 63.91% | 4.30% | 1.46x |
| GME | 23.0 | 0.36 | 24.52 | 8 (2026-02-13) | 75.88% | 1.57% | 1.45x |
| GME | 23.5 | 1.29 | 24.52 | 23 (2026-03-06) | 62.80% | 5.49% | 1.45x |
| GME | 23.0 | 1.09 | 24.52 | 23 (2026-03-06) | 67.07% | 4.74% | 1.41x |
| GME | 23.0 | 0.55 | 24.52 | 13 (2026-02-20) | 72.24% | 2.39% | 1.39x |
| GME | 23.0 | 0.8 | 24.52 | 18 (2026-02-27) | 68.83% | 3.48% | 1.39x |
| GME | 22.5 | 0.7 | 24.52 | 18 (2026-02-27) | 73.63% | 3.11% | 1.37x |
| GME | 22.5 | 0.48 | 24.52 | 13 (2026-02-20) | 76.33% | 2.13% | 1.37x |
| GME | 22.5 | 0.9 | 24.52 | 23 (2026-03-06) | 71.16% | 4.00% | 1.36x |
| GME | 22.5 | 0.27 | 24.52 | 8 (2026-02-13) | 81.35% | 1.20% | 1.36x |
| GME | 24.0 | 1.66 | 24.52 | 33 (2026-03-20) | 58.39% | 6.92% | 1.35x |
| GME | 23.5 | 0.18 | 24.52 | 3 (2026-02-06) | 78.22% | 0.77% | 1.35x |
| GME | 23.0 | 1.22 | 24.52 | 33 (2026-03-20) | 66.45% | 5.30% | 1.30x |
| GME | 24.0 | 2.31 | 24.52 | 53 (2026-04-17) | 58.68% | 9.63% | 1.30x |
| GME | 21.5 | 0.2 | 24.52 | 8 (2026-02-13) | 88.42% | 0.93% | 1.29x |
| GME | 22.0 | 0.65 | 24.52 | 23 (2026-03-06) | 76.23% | 2.95% | 1.28x |
| GME | 23.0 | 1.8 | 24.52 | 53 (2026-04-17) | 64.74% | 7.83% | 1.26x |
| GME | 22.0 | 0.93 | 24.52 | 33 (2026-03-20) | 73.43% | 4.23% | 1.26x |
| GME | 22.0 | 0.19 | 24.52 | 8 (2026-02-13) | 86.05% | 0.86% | 1.26x |
| GME | 22.0 | 0.32 | 24.52 | 13 (2026-02-20) | 82.10% | 1.45% | 1.26x |
| GME | 22.0 | 0.46 | 24.52 | 18 (2026-02-27) | 79.17% | 2.09% | 1.26x |
| GME | 22.0 | 1.47 | 24.52 | 53 (2026-04-17) | 70.43% | 6.68% | 1.24x |
| GME | 21.5 | 0.41 | 24.52 | 18 (2026-02-27) | 81.92% | 1.91% | 1.24x |
| GME | 21.5 | 0.28 | 24.52 | 13 (2026-02-20) | 84.96% | 1.30% | 1.24x |
| GME | 23.0 | 0.11 | 24.52 | 3 (2026-02-06) | 86.31% | 0.48% | 1.23x |
| GME | 21.0 | 0.36 | 24.52 | 18 (2026-02-27) | 84.48% | 1.71% | 1.22x |
| GME | 24.0 | 3.2 | 24.52 | 97 (2026-06-18) | 59.78% | 13.33% | 1.22x |
| GME | 21.5 | 0.48 | 24.52 | 23 (2026-03-06) | 80.66% | 2.23% | 1.22x |
| GME | 23.0 | 2.61 | 24.52 | 97 (2026-06-18) | 64.25% | 11.35% | 1.20x |
| GME | 24.0 | 3.53 | 24.52 | 118 (2026-07-17) | 60.30% | 14.71% | 1.20x |
| GME | 21.0 | 1.07 | 24.52 | 53 (2026-04-17) | 76.21% | 5.10% | 1.20x |
| GME | 21.0 | 0.41 | 24.52 | 23 (2026-03-06) | 83.39% | 1.95% | 1.19x |
| GME | 21.0 | 0.61 | 24.52 | 33 (2026-03-20) | 80.41% | 2.90% | 1.19x |
| GME | 22.0 | 2.13 | 24.52 | 97 (2026-06-18) | 68.83% | 9.68% | 1.18x |
| GME | 22.5 | 0.08 | 24.52 | 3 (2026-02-06) | 90.53% | 0.36% | 1.18x |
| GME | 20.5 | 0.35 | 24.52 | 23 (2026-03-06) | 85.89% | 1.71% | 1.17x |
| GME | 21.0 | 1.79 | 24.52 | 97 (2026-06-18) | 73.08% | 8.52% | 1.17x |
| GME | 21.0 | 0.19 | 24.52 | 13 (2026-02-20) | 88.91% | 0.90% | 1.17x |
| GME | 20.0 | 0.79 | 24.52 | 53 (2026-04-17) | 81.25% | 3.95% | 1.16x |
| GME | 20.0 | 0.3 | 24.52 | 23 (2026-03-06) | 87.29% | 1.50% | 1.15x |
| GME | 20.0 | 1.42 | 24.52 | 97 (2026-06-18) | 77.32% | 7.10% | 1.15x |
| GME | 20.5 | 0.23 | 24.52 | 18 (2026-02-27) | 88.75% | 1.12% | 1.15x |
| GME | 20.0 | 0.21 | 24.52 | 18 (2026-02-27) | 90.18% | 1.05% | 1.14x |
| GME | 20.0 | 0.4 | 24.52 | 33 (2026-03-20) | 85.85% | 2.00% | 1.14x |
| GME | 20.5 | 0.15 | 24.52 | 13 (2026-02-20) | 91.17% | 0.73% | 1.14x |
| GME | 21.0 | 0.09 | 24.52 | 8 (2026-02-13) | 92.89% | 0.43% | 1.13x |
| GME | 19.0 | 1.14 | 24.52 | 97 (2026-06-18) | 81.10% | 6.00% | 1.13x |
| GME | 20.5 | 0.08 | 24.52 | 8 (2026-02-13) | 93.79% | 0.39% | 1.12x |
| GME | 19.0 | 0.54 | 24.52 | 53 (2026-04-17) | 85.99% | 2.84% | 1.12x |
| GME | 19.0 | 0.32 | 24.52 | 33 (2026-03-20) | 89.22% | 1.68% | 1.12x |
| GME | 18.0 | 0.9 | 24.52 | 97 (2026-06-18) | 84.28% | 5.00% | 1.11x |
| GME | 20.0 | 0.07 | 24.52 | 8 (2026-02-13) | 94.87% | 0.35% | 1.11x |
| GME | 18.0 | 0.45 | 24.52 | 53 (2026-04-17) | 88.67% | 2.50% | 1.11x |
| GME | 20.0 | 0.11 | 24.52 | 13 (2026-02-20) | 93.21% | 0.55% | 1.10x |
| GME | 18.0 | 0.95 | 24.52 | 118 (2026-07-17) | 84.19% | 5.28% | 1.10x |
| GME | 22.0 | 0.04 | 24.52 | 3 (2026-02-06) | 94.15% | 0.18% | 1.09x |
| GME | 17.0 | 0.32 | 24.52 | 53 (2026-04-17) | 91.58% | 1.88% | 1.08x |
| GME | 16.0 | 0.55 | 24.52 | 97 (2026-06-18) | 89.95% | 3.44% | 1.08x |
| GME | 18.0 | 0.2 | 24.52 | 33 (2026-03-20) | 92.47% | 1.11% | 1.08x |
| GME | 16.0 | 0.24 | 24.52 | 53 (2026-04-17) | 93.66% | 1.50% | 1.07x |
| GME | 15.0 | 0.4 | 24.52 | 97 (2026-06-18) | 92.34% | 2.67% | 1.07x |
| GME | 15.0 | 0.17 | 24.52 | 53 (2026-04-17) | 95.39% | 1.13% | 1.05x |
| GME | 21.0 | 0.02 | 24.52 | 3 (2026-02-06) | 97.88% | 0.10% | 1.05x |
| GME | 21.5 | 0.02 | 24.52 | 3 (2026-02-06) | 97.08% | 0.09% | 1.05x |
| GME | 20.0 | 0.01 | 24.52 | 3 (2026-02-06) | 99.27% | 0.05% | 1.03x |
| GME | 20.5 | 0.01 | 24.52 | 3 (2026-02-06) | 98.42% | 0.05% | 1.02x |