Recommendation: HV
Current Price: $8.25
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 | 8.0 | 0.21 | 8.25 | 4 (2026-03-27) | 64.20% | 2.62% | 2.32x |
| MARA | 7.5 | 0.22 | 8.25 | 8 (2026-04-02) | 74.89% | 2.93% | 1.98x |
| MARA | 8.0 | 0.66 | 8.25 | 19 (2026-04-17) | 59.88% | 8.25% | 1.90x |
| MARA | 8.0 | 0.47 | 8.25 | 14 (2026-04-10) | 60.35% | 5.87% | 1.87x |
| MARA | 8.0 | 0.75 | 8.25 | 24 (2026-04-24) | 59.93% | 9.38% | 1.78x |
| MARA | 8.0 | 0.96 | 8.25 | 39 (2026-05-15) | 60.36% | 12.00% | 1.57x |
| MARA | 7.0 | 0.3 | 8.25 | 19 (2026-04-17) | 78.39% | 4.29% | 1.55x |
| MARA | 7.0 | 0.39 | 8.25 | 24 (2026-04-24) | 76.21% | 5.57% | 1.55x |
| MARA | 8.0 | 1.34 | 8.25 | 63 (2026-06-18) | 61.80% | 16.75% | 1.48x |
| MARA | 7.0 | 0.58 | 8.25 | 39 (2026-05-15) | 73.77% | 8.29% | 1.47x |
| MARA | 7.0 | 0.1 | 8.25 | 8 (2026-04-02) | 83.68% | 1.43% | 1.45x |
| MARA | 7.0 | 0.82 | 8.25 | 63 (2026-06-18) | 72.37% | 11.71% | 1.38x |
| MARA | 8.0 | 1.9 | 8.25 | 129 (2026-09-18) | 64.72% | 23.75% | 1.32x |
| MARA | 6.0 | 0.31 | 8.25 | 39 (2026-05-15) | 84.50% | 5.17% | 1.32x |
| MARA | 6.0 | 0.51 | 8.25 | 63 (2026-06-18) | 81.72% | 8.50% | 1.31x |
| MARA | 7.0 | 1.4 | 8.25 | 129 (2026-09-18) | 72.01% | 20.00% | 1.30x |
| MARA | 6.0 | 0.12 | 8.25 | 19 (2026-04-17) | 90.19% | 2.00% | 1.27x |
| MARA | 6.0 | 0.95 | 8.25 | 129 (2026-09-18) | 79.21% | 15.83% | 1.26x |
| MARA | 4.0 | 0.03 | 8.25 | 8 (2026-04-02) | 97.92% | 0.75% | 1.26x |
| MARA | 6.0 | 0.08 | 8.25 | 14 (2026-04-10) | 92.29% | 1.33% | 1.25x |
| MARA | 5.0 | 0.18 | 8.25 | 39 (2026-05-15) | 91.30% | 3.60% | 1.23x |
| MARA | 4.0 | 0.43 | 8.25 | 129 (2026-09-18) | 90.47% | 10.75% | 1.20x |
| MARA | 6.0 | 0.03 | 8.25 | 8 (2026-04-02) | 95.72% | 0.50% | 1.16x |
| MARA | 5.0 | 0.04 | 8.25 | 14 (2026-04-10) | 96.33% | 0.80% | 1.15x |
| MARA | 4.0 | 0.01 | 8.25 | 4 (2026-03-27) | 99.13% | 0.25% | 1.13x |
| MARA | 1.0 | 0.03 | 8.25 | 63 (2026-06-18) | 99.32% | 3.00% | 1.12x |
| MARA | 4.5 | 0.01 | 8.25 | 4 (2026-03-27) | 99.28% | 0.22% | 1.12x |
| MARA | 6.0 | 0.01 | 8.25 | 4 (2026-03-27) | 97.88% | 0.17% | 1.09x |
| MARA | 2.0 | 0.04 | 8.25 | 63 (2026-06-18) | 98.65% | 2.00% | 1.08x |
| MARA | 6.5 | 0.01 | 8.25 | 4 (2026-03-27) | 97.05% | 0.15% | 1.08x |
| MARA | 3.0 | 0.01 | 8.25 | 19 (2026-04-17) | 99.51% | 0.33% | 1.04x |