Recommendation: HV
Current Price: $25.43
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 | 25.0 | 0.47 | 25.43 | 9 (2026-11-20) | 61.61% | 1.88% | 1.38x |
| GME | 25.0 | 0.22 | 25.43 | 4 (2026-11-13) | 67.38% | 0.88% | 1.35x |
| GME | 25.0 | 1.3 | 25.43 | 29 (2026-12-18) | 57.65% | 5.20% | 1.29x |
| GME | 24.5 | 0.3 | 25.43 | 9 (2026-11-20) | 73.96% | 1.22% | 1.29x |
| GME | 24.0 | 0.87 | 25.43 | 29 (2026-12-18) | 67.89% | 3.62% | 1.24x |
| GME | 25.0 | 1.66 | 25.43 | 49 (2027-01-15) | 57.61% | 6.64% | 1.21x |
| GME | 24.0 | 0.18 | 25.43 | 9 (2026-11-20) | 81.46% | 0.75% | 1.19x |
| GME | 23.0 | 0.24 | 25.43 | 19 (2026-12-04) | 84.07% | 1.04% | 1.12x |
| GME | 24.0 | 0.06 | 25.43 | 4 (2026-11-13) | 89.55% | 0.25% | 1.12x |
| GME | 23.0 | 0.07 | 25.43 | 14 (2026-11-27) | 92.27% | 0.30% | 1.05x |
| GME | 21.5 | 0.04 | 25.43 | 9 (2026-11-20) | 96.10% | 0.19% | 1.05x |
| GME | 20.0 | 0.12 | 25.43 | 29 (2026-12-18) | 93.84% | 0.60% | 1.05x |
| GME | 21.5 | 0.02 | 25.43 | 4 (2026-11-13) | 97.72% | 0.09% | 1.05x |
| GME | 22.0 | 0.02 | 25.43 | 4 (2026-11-13) | 97.76% | 0.09% | 1.05x |
| GME | 17.0 | 0.3 | 25.43 | 94 (2027-03-19) | 92.46% | 1.76% | 1.04x |
| GME | 16.0 | 0.27 | 25.43 | 94 (2027-03-19) | 93.74% | 1.69% | 1.04x |
| GME | 17.0 | 0.29 | 25.43 | 114 (2027-04-16) | 92.79% | 1.71% | 1.04x |
| GME | 17.0 | 0.09 | 25.43 | 49 (2027-01-15) | 96.63% | 0.53% | 1.03x |
| GME | 16.0 | 0.08 | 25.43 | 49 (2027-01-15) | 97.04% | 0.50% | 1.03x |