Recommendation: HV
Current Price: $13.29
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 | 13.0 | 0.54 | 13.29 | 6 (2026-05-22) | 59.36% | 4.15% | 2.78x |
| MARA | 13.0 | 0.85 | 13.29 | 11 (2026-05-29) | 58.42% | 6.54% | 2.36x |
| MARA | 12.5 | 0.36 | 13.29 | 6 (2026-05-22) | 70.17% | 2.88% | 2.32x |
| MARA | 12.5 | 0.58 | 13.29 | 11 (2026-05-29) | 66.73% | 4.64% | 2.01x |
| MARA | 13.0 | 0.98 | 13.29 | 16 (2026-06-05) | 58.40% | 7.54% | 1.97x |
| MARA | 12.0 | 0.23 | 13.29 | 6 (2026-05-22) | 79.14% | 1.92% | 1.88x |
| MARA | 12.5 | 0.74 | 13.29 | 16 (2026-06-05) | 65.42% | 5.92% | 1.82x |
| MARA | 13.0 | 1.08 | 13.29 | 21 (2026-06-12) | 58.46% | 8.31% | 1.77x |
| MARA | 13.0 | 1.26 | 13.29 | 25 (2026-06-18) | 58.67% | 9.69% | 1.75x |
| MARA | 12.0 | 0.4 | 13.29 | 11 (2026-05-29) | 73.70% | 3.33% | 1.74x |
| MARA | 12.5 | 0.89 | 13.29 | 21 (2026-06-12) | 64.64% | 7.12% | 1.72x |
| MARA | 12.0 | 0.53 | 13.29 | 16 (2026-06-05) | 72.44% | 4.42% | 1.64x |
| MARA | 12.0 | 0.68 | 13.29 | 21 (2026-06-12) | 70.65% | 5.67% | 1.60x |
| MARA | 12.0 | 0.8 | 13.29 | 25 (2026-06-18) | 69.83% | 6.67% | 1.58x |
| MARA | 11.5 | 0.42 | 13.29 | 16 (2026-06-05) | 77.86% | 3.65% | 1.56x |
| MARA | 11.5 | 0.14 | 13.29 | 6 (2026-05-22) | 86.50% | 1.22% | 1.55x |
| MARA | 11.5 | 0.27 | 13.29 | 11 (2026-05-29) | 81.32% | 2.35% | 1.54x |
| MARA | 13.0 | 0.16 | 13.29 | 1 (2026-05-15) | 67.08% | 1.23% | 1.51x |
| MARA | 11.5 | 0.53 | 13.29 | 21 (2026-06-12) | 76.09% | 4.61% | 1.51x |
| MARA | 12.0 | 0.89 | 13.29 | 31 (2026-06-26) | 69.21% | 7.42% | 1.50x |
| MARA | 13.0 | 1.66 | 13.29 | 46 (2026-07-17) | 59.51% | 12.77% | 1.49x |
| MARA | 12.0 | 1.16 | 13.29 | 46 (2026-07-17) | 68.14% | 9.67% | 1.42x |
| MARA | 11.0 | 0.29 | 13.29 | 16 (2026-06-05) | 83.37% | 2.64% | 1.41x |
| MARA | 11.0 | 0.39 | 13.29 | 21 (2026-06-12) | 81.12% | 3.55% | 1.41x |
| MARA | 11.0 | 0.45 | 13.29 | 25 (2026-06-18) | 80.15% | 4.09% | 1.38x |
| MARA | 13.0 | 2.01 | 13.29 | 71 (2026-08-21) | 60.47% | 15.46% | 1.37x |
| MARA | 12.0 | 1.64 | 13.29 | 71 (2026-08-21) | 67.59% | 13.67% | 1.37x |
| MARA | 11.0 | 0.55 | 13.29 | 31 (2026-06-26) | 78.66% | 5.00% | 1.37x |
| MARA | 11.0 | 0.09 | 13.29 | 6 (2026-05-22) | 90.90% | 0.82% | 1.37x |
| MARA | 11.0 | 0.17 | 13.29 | 11 (2026-05-29) | 86.99% | 1.55% | 1.36x |
| MARA | 10.5 | 0.31 | 13.29 | 21 (2026-06-12) | 84.89% | 2.95% | 1.35x |
| MARA | 11.0 | 0.78 | 13.29 | 46 (2026-07-17) | 76.39% | 7.09% | 1.34x |
| MARA | 9.5 | 0.13 | 13.29 | 11 (2026-05-29) | 92.40% | 1.37% | 1.33x |
| MARA | 12.0 | 1.92 | 13.29 | 91 (2026-09-18) | 67.72% | 16.00% | 1.33x |
| MARA | 11.0 | 1.18 | 13.29 | 71 (2026-08-21) | 74.23% | 10.73% | 1.31x |
| MARA | 11.0 | 1.45 | 13.29 | 91 (2026-09-18) | 73.59% | 13.18% | 1.29x |
| MARA | 10.5 | 0.19 | 13.29 | 16 (2026-06-05) | 88.09% | 1.81% | 1.28x |
| MARA | 10.0 | 0.54 | 13.29 | 46 (2026-07-17) | 83.04% | 5.40% | 1.27x |
| MARA | 10.0 | 0.84 | 13.29 | 71 (2026-08-21) | 80.39% | 8.40% | 1.26x |
| MARA | 10.0 | 1.07 | 13.29 | 91 (2026-09-18) | 79.16% | 10.70% | 1.25x |
| MARA | 10.5 | 0.35 | 13.29 | 31 (2026-06-26) | 84.01% | 3.33% | 1.25x |
| MARA | 10.0 | 0.25 | 13.29 | 25 (2026-06-18) | 87.92% | 2.50% | 1.25x |
| MARA | 10.5 | 0.1 | 13.29 | 11 (2026-05-29) | 93.71% | 0.95% | 1.23x |
| MARA | 10.0 | 0.19 | 13.29 | 21 (2026-06-12) | 89.49% | 1.90% | 1.22x |
| MARA | 10.0 | 0.27 | 13.29 | 31 (2026-06-26) | 87.38% | 2.70% | 1.21x |
| MARA | 10.5 | 0.05 | 13.29 | 6 (2026-05-22) | 94.48% | 0.48% | 1.21x |
| MARA | 10.0 | 0.13 | 13.29 | 16 (2026-06-05) | 91.28% | 1.30% | 1.20x |
| MARA | 8.0 | 0.59 | 13.29 | 91 (2026-09-18) | 87.98% | 7.37% | 1.19x |
| MARA | 12.5 | 0.05 | 13.29 | 1 (2026-05-15) | 86.42% | 0.40% | 1.19x |
| MARA | 9.0 | 0.16 | 13.29 | 25 (2026-06-18) | 92.31% | 1.78% | 1.18x |
| MARA | 9.5 | 0.14 | 13.29 | 21 (2026-06-12) | 92.12% | 1.47% | 1.18x |
| MARA | 9.5 | 0.21 | 13.29 | 31 (2026-06-26) | 90.06% | 2.21% | 1.17x |
| MARA | 10.0 | 0.07 | 13.29 | 11 (2026-05-29) | 93.90% | 0.70% | 1.16x |
| MARA | 8.5 | 0.11 | 13.29 | 21 (2026-06-12) | 94.54% | 1.29% | 1.16x |
| MARA | 9.0 | 0.27 | 13.29 | 46 (2026-07-17) | 89.86% | 3.00% | 1.16x |
| MARA | 8.0 | 0.35 | 13.29 | 71 (2026-08-21) | 90.53% | 4.37% | 1.15x |
| MARA | 9.0 | 0.11 | 13.29 | 21 (2026-06-12) | 93.69% | 1.22% | 1.15x |
| MARA | 10.0 | 0.03 | 13.29 | 6 (2026-05-22) | 96.83% | 0.30% | 1.13x |
| MARA | 8.0 | 0.19 | 13.29 | 46 (2026-07-17) | 93.12% | 2.38% | 1.13x |
| MARA | 9.0 | 0.06 | 13.29 | 16 (2026-06-05) | 95.67% | 0.67% | 1.11x |
| MARA | 8.0 | 0.08 | 13.29 | 25 (2026-06-18) | 95.90% | 1.00% | 1.10x |
| MARA | 9.0 | 0.02 | 13.29 | 6 (2026-05-22) | 97.97% | 0.22% | 1.10x |
| MARA | 9.5 | 0.02 | 13.29 | 6 (2026-05-22) | 97.46% | 0.21% | 1.09x |
| MARA | 12.0 | 0.02 | 13.29 | 1 (2026-05-15) | 94.45% | 0.17% | 1.08x |
| MARA | 9.0 | 0.03 | 13.29 | 11 (2026-05-29) | 97.17% | 0.33% | 1.08x |
| MARA | 7.0 | 0.1 | 13.29 | 46 (2026-07-17) | 95.25% | 1.43% | 1.08x |
| MARA | 5.0 | 0.14 | 13.29 | 91 (2026-09-18) | 96.74% | 2.80% | 1.08x |
| MARA | 7.0 | 0.05 | 13.29 | 25 (2026-06-18) | 97.57% | 0.71% | 1.07x |
| MARA | 9.0 | 0.01 | 13.29 | 1 (2026-05-15) | 99.31% | 0.11% | 1.06x |
| MARA | 9.5 | 0.01 | 13.29 | 1 (2026-05-15) | 98.36% | 0.11% | 1.05x |
| MARA | 10.0 | 0.01 | 13.29 | 1 (2026-05-15) | 98.74% | 0.10% | 1.05x |
| MARA | 6.0 | 0.03 | 13.29 | 25 (2026-06-18) | 98.76% | 0.50% | 1.05x |
| MARA | 8.5 | 0.01 | 13.29 | 6 (2026-05-22) | 99.02% | 0.12% | 1.05x |
| MARA | 10.5 | 0.01 | 13.29 | 1 (2026-05-15) | 98.28% | 0.10% | 1.05x |
| MARA | 11.0 | 0.01 | 13.29 | 1 (2026-05-15) | 97.59% | 0.09% | 1.05x |
| MARA | 11.5 | 0.01 | 13.29 | 1 (2026-05-15) | 97.74% | 0.09% | 1.04x |
| MARA | 4.0 | 0.05 | 13.29 | 91 (2026-09-18) | 98.58% | 1.25% | 1.03x |
| MARA | 5.0 | 0.01 | 13.29 | 25 (2026-06-18) | 99.53% | 0.20% | 1.02x |