Recommendation: HV
Current Price: $22.81
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 | 0.65 | 22.81 | 4 (2026-03-27) | 57.96% | 2.89% | 2.31x |
| GME | 22.0 | 0.45 | 22.81 | 4 (2026-03-27) | 67.60% | 2.05% | 2.00x |
| GME | 22.5 | 0.73 | 22.81 | 8 (2026-04-02) | 57.61% | 3.24% | 1.79x |
| GME | 21.5 | 0.32 | 22.81 | 4 (2026-03-27) | 75.49% | 1.49% | 1.76x |
| GME | 22.0 | 0.55 | 22.81 | 8 (2026-04-02) | 65.91% | 2.50% | 1.67x |
| GME | 21.0 | 0.21 | 22.81 | 4 (2026-03-27) | 82.31% | 1.00% | 1.51x |
| GME | 20.5 | 0.14 | 22.81 | 4 (2026-03-27) | 87.70% | 0.68% | 1.35x |
| GME | 22.0 | 0.79 | 22.81 | 19 (2026-04-17) | 63.62% | 3.59% | 1.35x |
| GME | 20.5 | 0.18 | 22.81 | 8 (2026-04-02) | 85.99% | 0.88% | 1.27x |
| GME | 20.0 | 0.1 | 22.81 | 4 (2026-03-27) | 91.77% | 0.50% | 1.26x |
| GME | 21.0 | 0.43 | 22.81 | 19 (2026-04-17) | 76.38% | 2.05% | 1.23x |
| GME | 19.5 | 0.08 | 22.81 | 4 (2026-03-27) | 93.01% | 0.41% | 1.21x |
| GME | 21.0 | 0.5 | 22.81 | 24 (2026-04-24) | 74.68% | 2.38% | 1.20x |
| GME | 22.0 | 1.64 | 22.81 | 63 (2026-06-18) | 61.03% | 7.45% | 1.19x |
| GME | 22.0 | 0.57 | 22.81 | 24 (2026-04-24) | 65.77% | 2.59% | 1.19x |
| GME | 21.0 | 0.68 | 22.81 | 39 (2026-05-15) | 72.58% | 3.24% | 1.16x |
| GME | 21.0 | 1.15 | 22.81 | 63 (2026-06-18) | 68.83% | 5.48% | 1.16x |
| GME | 20.0 | 0.24 | 22.81 | 19 (2026-04-17) | 85.41% | 1.20% | 1.14x |
| GME | 19.0 | 0.34 | 22.81 | 29 (2026-05-01) | 85.86% | 1.79% | 1.14x |
| GME | 20.0 | 0.83 | 22.81 | 63 (2026-06-18) | 75.80% | 4.15% | 1.13x |
| GME | 19.0 | 1.16 | 22.81 | 129 (2026-09-18) | 77.01% | 6.11% | 1.09x |
| GME | 18.5 | 0.03 | 22.81 | 4 (2026-03-27) | 97.04% | 0.16% | 1.08x |
| GME | 15.0 | 0.17 | 22.81 | 63 (2026-06-18) | 94.58% | 1.13% | 1.04x |
| GME | 18.0 | 0.06 | 22.81 | 19 (2026-04-17) | 95.87% | 0.33% | 1.04x |
| GME | 17.0 | 0.02 | 22.81 | 8 (2026-04-02) | 98.57% | 0.12% | 1.04x |
| GME | 13.0 | 0.01 | 22.81 | 19 (2026-04-17) | 99.45% | 0.08% | 1.01x |