Recommendation: HV
Current Price: $7.34
Total Wheels: 32
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 |
|---|---|---|---|---|---|---|---|
| MARA | 7.0 | 0.38 | 7.34 | 9 (2026-11-20) | 63.62% | 5.43% | 2.59x |
| MARA | 7.0 | 0.2 | 7.34 | 4 (2026-11-13) | 66.59% | 2.86% | 2.59x |
| MARA | 7.0 | 0.47 | 7.34 | 14 (2026-11-27) | 62.87% | 6.71% | 2.10x |
| MARA | 6.5 | 0.21 | 7.34 | 9 (2026-11-20) | 76.90% | 3.23% | 1.99x |
| MARA | 7.0 | 0.58 | 7.34 | 19 (2026-12-04) | 62.35% | 8.29% | 1.95x |
| MARA | 7.0 | 0.67 | 7.34 | 24 (2026-12-11) | 62.20% | 9.57% | 1.84x |
| MARA | 6.5 | 0.29 | 7.34 | 14 (2026-11-27) | 74.31% | 4.46% | 1.80x |
| MARA | 6.5 | 0.39 | 7.34 | 19 (2026-12-04) | 72.25% | 6.00% | 1.76x |
| MARA | 7.0 | 0.75 | 7.34 | 29 (2026-12-18) | 62.20% | 10.71% | 1.75x |
| MARA | 6.5 | 0.47 | 7.34 | 24 (2026-12-11) | 71.12% | 7.23% | 1.69x |
| MARA | 6.5 | 0.58 | 7.34 | 33 (2026-12-24) | 70.13% | 8.92% | 1.59x |
| MARA | 6.5 | 0.07 | 7.34 | 4 (2026-11-13) | 85.38% | 1.08% | 1.59x |
| MARA | 6.0 | 0.11 | 7.34 | 9 (2026-11-20) | 86.40% | 1.83% | 1.55x |
| MARA | 7.0 | 0.97 | 7.34 | 49 (2027-01-15) | 62.63% | 13.86% | 1.53x |
| MARA | 6.0 | 0.24 | 7.34 | 19 (2026-12-04) | 81.04% | 4.00% | 1.53x |
| MARA | 6.0 | 0.31 | 7.34 | 24 (2026-12-11) | 79.24% | 5.17% | 1.52x |
| MARA | 6.0 | 0.37 | 7.34 | 29 (2026-12-18) | 77.95% | 6.17% | 1.50x |
| MARA | 6.0 | 0.41 | 7.34 | 33 (2026-12-24) | 77.36% | 6.83% | 1.48x |
| MARA | 6.0 | 0.55 | 7.34 | 49 (2027-01-15) | 75.69% | 9.17% | 1.41x |
| MARA | 7.0 | 1.34 | 7.34 | 94 (2027-03-19) | 64.10% | 19.14% | 1.36x |
| MARA | 5.5 | 0.19 | 7.34 | 24 (2026-12-11) | 86.14% | 3.45% | 1.36x |
| MARA | 5.5 | 0.14 | 7.34 | 19 (2026-12-04) | 87.90% | 2.55% | 1.34x |
| MARA | 6.0 | 0.87 | 7.34 | 94 (2027-03-19) | 74.06% | 14.50% | 1.31x |
| MARA | 7.0 | 1.7 | 7.34 | 158 (2027-06-17) | 65.97% | 24.29% | 1.27x |
| MARA | 5.5 | 0.05 | 7.34 | 9 (2026-11-20) | 93.18% | 0.91% | 1.27x |
| MARA | 5.0 | 0.27 | 7.34 | 49 (2027-01-15) | 86.45% | 5.40% | 1.26x |
| MARA | 5.0 | 0.15 | 7.34 | 29 (2026-12-18) | 89.76% | 3.00% | 1.26x |
| MARA | 6.0 | 1.21 | 7.34 | 158 (2027-06-17) | 74.03% | 20.17% | 1.25x |
| MARA | 5.0 | 0.79 | 7.34 | 158 (2027-06-17) | 81.53% | 15.80% | 1.21x |
| MARA | 4.5 | 0.01 | 7.34 | 4 (2026-11-13) | 98.78% | 0.22% | 1.12x |
| MARA | 5.0 | 0.01 | 7.34 | 4 (2026-11-13) | 98.00% | 0.20% | 1.10x |
| MARA | 3.0 | 0.11 | 7.34 | 94 (2027-03-19) | 95.68% | 3.67% | 1.10x |
| MARA | 4.0 | 0.01 | 7.34 | 9 (2026-11-20) | 98.64% | 0.25% | 1.07x |
| MARA | 4.0 | 0.01 | 7.34 | 14 (2026-11-27) | 98.37% | 0.25% | 1.05x |