Recommendation: HV
Current Price: $23.39
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 | 23.0 | 0.45 | 23.39 | 5 (2026-10-02) | 61.22% | 1.96% | 1.82x |
| GME | 23.0 | 0.69 | 23.39 | 10 (2026-10-09) | 59.02% | 3.00% | 1.56x |
| GME | 22.5 | 0.24 | 23.39 | 5 (2026-10-02) | 73.90% | 1.07% | 1.49x |
| GME | 22.5 | 0.49 | 23.39 | 10 (2026-10-09) | 67.74% | 2.18% | 1.45x |
| GME | 22.5 | 0.66 | 23.39 | 15 (2026-10-16) | 65.50% | 2.93% | 1.38x |
| GME | 22.0 | 0.47 | 23.39 | 15 (2026-10-16) | 72.67% | 2.14% | 1.30x |
| GME | 22.0 | 0.74 | 23.39 | 25 (2026-10-30) | 68.97% | 3.36% | 1.26x |
| GME | 23.0 | 1.47 | 23.39 | 40 (2026-11-20) | 57.51% | 6.39% | 1.26x |
| GME | 23.0 | 1.92 | 23.39 | 60 (2026-12-18) | 57.74% | 8.35% | 1.22x |
| GME | 21.5 | 0.54 | 23.39 | 25 (2026-10-30) | 74.85% | 2.51% | 1.21x |
| GME | 21.5 | 0.19 | 23.39 | 10 (2026-10-09) | 83.62% | 0.88% | 1.20x |
| GME | 23.0 | 2.22 | 23.39 | 80 (2027-01-15) | 58.08% | 9.65% | 1.19x |
| GME | 22.0 | 1.77 | 23.39 | 80 (2027-01-15) | 64.45% | 8.05% | 1.17x |
| GME | 23.0 | 2.69 | 23.39 | 125 (2027-03-19) | 58.80% | 11.70% | 1.14x |
| GME | 21.0 | 0.12 | 23.39 | 10 (2026-10-09) | 88.86% | 0.57% | 1.14x |
| GME | 20.0 | 0.71 | 23.39 | 60 (2026-12-18) | 79.07% | 3.55% | 1.12x |
| GME | 20.0 | 0.97 | 23.39 | 80 (2027-01-15) | 76.71% | 4.85% | 1.12x |
| GME | 21.5 | 0.05 | 23.39 | 5 (2026-10-02) | 92.64% | 0.23% | 1.11x |
| GME | 20.0 | 1.25 | 23.39 | 145 (2027-04-16) | 75.09% | 6.25% | 1.08x |
| GME | 20.5 | 0.06 | 23.39 | 10 (2026-10-09) | 93.39% | 0.29% | 1.07x |
| GME | 19.5 | 0.14 | 23.39 | 25 (2026-10-30) | 91.45% | 0.72% | 1.07x |
| GME | 18.0 | 0.35 | 23.39 | 80 (2027-01-15) | 88.71% | 1.94% | 1.06x |
| GME | 19.0 | 0.02 | 23.39 | 5 (2026-10-02) | 97.89% | 0.11% | 1.05x |
| GME | 20.0 | 0.02 | 23.39 | 5 (2026-10-02) | 97.41% | 0.10% | 1.05x |
| GME | 18.0 | 0.14 | 23.39 | 40 (2026-11-20) | 93.27% | 0.78% | 1.05x |
| GME | 19.5 | 0.03 | 23.39 | 10 (2026-10-09) | 96.51% | 0.15% | 1.04x |
| GME | 18.5 | 0.01 | 23.39 | 5 (2026-10-02) | 98.59% | 0.05% | 1.03x |
| GME | 15.0 | 0.06 | 23.39 | 40 (2026-11-20) | 97.35% | 0.40% | 1.02x |
| GME | 17.0 | 0.01 | 23.39 | 15 (2026-10-16) | 98.96% | 0.06% | 1.01x |