Recommendation: HV
Current Price: $9.05
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 | 9.0 | 0.32 | 9.05 | 4 (2026-02-06) | 54.25% | 3.56% | 2.62x |
| MARA | 9.0 | 0.55 | 9.05 | 9 (2026-02-13) | 54.62% | 6.11% | 2.51x |
| MARA | 9.0 | 0.7 | 9.05 | 14 (2026-02-20) | 55.36% | 7.78% | 2.14x |
| MARA | 8.5 | 0.34 | 9.05 | 9 (2026-02-13) | 67.83% | 4.00% | 2.12x |
| MARA | 9.0 | 0.93 | 9.05 | 19 (2026-02-27) | 56.21% | 10.33% | 2.11x |
| MARA | 9.0 | 1.11 | 9.05 | 24 (2026-03-06) | 57.08% | 12.33% | 2.04x |
| MARA | 8.5 | 0.51 | 9.05 | 14 (2026-02-20) | 65.54% | 6.00% | 2.00x |
| MARA | 8.5 | 0.67 | 9.05 | 19 (2026-02-27) | 64.50% | 7.88% | 1.93x |
| MARA | 8.5 | 0.14 | 9.05 | 4 (2026-02-06) | 75.46% | 1.65% | 1.86x |
| MARA | 8.0 | 0.23 | 9.05 | 9 (2026-02-13) | 77.74% | 2.88% | 1.86x |
| MARA | 8.0 | 0.51 | 9.05 | 19 (2026-02-27) | 71.96% | 6.38% | 1.81x |
| MARA | 8.5 | 0.77 | 9.05 | 24 (2026-03-06) | 64.16% | 9.06% | 1.81x |
| MARA | 8.0 | 0.33 | 9.05 | 14 (2026-02-20) | 75.06% | 4.13% | 1.73x |
| MARA | 8.0 | 0.6 | 9.05 | 24 (2026-03-06) | 70.78% | 7.50% | 1.72x |
| MARA | 9.0 | 1.18 | 9.05 | 34 (2026-03-20) | 57.44% | 13.11% | 1.71x |
| MARA | 8.0 | 0.74 | 9.05 | 34 (2026-03-20) | 70.11% | 9.25% | 1.59x |
| MARA | 7.5 | 0.33 | 9.05 | 19 (2026-02-27) | 79.39% | 4.40% | 1.58x |
| MARA | 8.0 | 0.08 | 9.05 | 4 (2026-02-06) | 86.44% | 1.00% | 1.54x |
| MARA | 7.5 | 0.4 | 9.05 | 24 (2026-03-06) | 78.16% | 5.33% | 1.54x |
| MARA | 7.5 | 0.21 | 9.05 | 14 (2026-02-20) | 82.82% | 2.80% | 1.51x |
| MARA | 7.0 | 0.24 | 9.05 | 19 (2026-02-27) | 84.66% | 3.43% | 1.46x |
| MARA | 7.0 | 0.3 | 9.05 | 24 (2026-03-06) | 83.24% | 4.29% | 1.44x |
| MARA | 9.0 | 1.7 | 9.05 | 74 (2026-05-15) | 60.32% | 18.89% | 1.44x |
| MARA | 7.5 | 0.11 | 9.05 | 9 (2026-02-13) | 87.42% | 1.47% | 1.43x |
| MARA | 9.0 | 2.05 | 9.05 | 98 (2026-06-18) | 62.12% | 22.78% | 1.41x |
| MARA | 8.0 | 1.2 | 9.05 | 74 (2026-05-15) | 69.17% | 15.00% | 1.40x |
| MARA | 7.0 | 0.38 | 9.05 | 34 (2026-03-20) | 81.70% | 5.43% | 1.38x |
| MARA | 8.0 | 1.47 | 9.05 | 98 (2026-06-18) | 69.43% | 18.37% | 1.36x |
| MARA | 7.0 | 0.13 | 9.05 | 14 (2026-02-20) | 88.56% | 1.86% | 1.34x |
| MARA | 7.0 | 0.08 | 9.05 | 9 (2026-02-13) | 91.49% | 1.14% | 1.34x |
| MARA | 6.5 | 0.16 | 9.05 | 19 (2026-02-27) | 89.35% | 2.46% | 1.33x |
| MARA | 7.0 | 1.08 | 9.05 | 98 (2026-06-18) | 76.69% | 15.43% | 1.33x |
| MARA | 7.0 | 0.78 | 9.05 | 74 (2026-05-15) | 77.71% | 11.14% | 1.33x |
| MARA | 6.5 | 0.19 | 9.05 | 24 (2026-03-06) | 88.39% | 2.92% | 1.31x |
| MARA | 9.0 | 2.46 | 9.05 | 164 (2026-09-18) | 64.46% | 27.33% | 1.28x |
| MARA | 8.0 | 1.97 | 9.05 | 164 (2026-09-18) | 70.69% | 24.62% | 1.28x |
| MARA | 6.0 | 0.7 | 9.05 | 98 (2026-06-18) | 83.21% | 11.67% | 1.27x |
| MARA | 6.0 | 0.21 | 9.05 | 34 (2026-03-20) | 89.56% | 3.50% | 1.26x |
| MARA | 6.0 | 0.48 | 9.05 | 74 (2026-05-15) | 85.14% | 8.00% | 1.25x |
| MARA | 6.5 | 0.08 | 9.05 | 14 (2026-02-20) | 93.00% | 1.23% | 1.23x |
| MARA | 5.0 | 0.45 | 9.05 | 98 (2026-06-18) | 88.92% | 9.00% | 1.22x |
| MARA | 6.0 | 0.98 | 9.05 | 164 (2026-09-18) | 82.32% | 16.33% | 1.21x |
| MARA | 7.5 | 0.03 | 9.05 | 4 (2026-02-06) | 94.45% | 0.40% | 1.21x |
| MARA | 5.0 | 0.31 | 9.05 | 74 (2026-05-15) | 90.41% | 6.20% | 1.20x |
| MARA | 5.0 | 0.71 | 9.05 | 164 (2026-09-18) | 87.28% | 14.20% | 1.20x |
| MARA | 3.0 | 0.01 | 9.05 | 4 (2026-02-06) | 99.59% | 0.33% | 1.18x |
| MARA | 6.0 | 0.08 | 9.05 | 19 (2026-02-27) | 93.90% | 1.33% | 1.18x |
| MARA | 6.0 | 0.05 | 9.05 | 14 (2026-02-20) | 95.65% | 0.83% | 1.15x |
| MARA | 7.0 | 0.02 | 9.05 | 4 (2026-02-06) | 96.56% | 0.29% | 1.15x |
| MARA | 5.0 | 0.09 | 9.05 | 34 (2026-03-20) | 95.24% | 1.80% | 1.13x |
| MARA | 3.0 | 0.24 | 9.05 | 164 (2026-09-18) | 95.23% | 8.00% | 1.12x |
| MARA | 3.0 | 0.09 | 9.05 | 74 (2026-05-15) | 97.28% | 3.00% | 1.10x |
| MARA | 3.0 | 0.12 | 9.05 | 98 (2026-06-18) | 96.69% | 4.00% | 1.10x |
| MARA | 3.0 | 0.01 | 9.05 | 9 (2026-02-13) | 99.37% | 0.33% | 1.10x |
| MARA | 6.5 | 0.02 | 9.05 | 9 (2026-02-13) | 97.07% | 0.31% | 1.09x |
| MARA | 6.0 | 0.01 | 9.05 | 4 (2026-02-06) | 98.58% | 0.17% | 1.09x |
| MARA | 6.5 | 0.01 | 9.05 | 4 (2026-02-06) | 98.24% | 0.15% | 1.08x |
| MARA | 3.0 | 0.03 | 9.05 | 34 (2026-03-20) | 98.67% | 1.00% | 1.08x |