Recommendation: NO
Current Price: $3.63
Total Wheels: 5
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 |
|---|---|---|---|---|---|---|---|
| DDD | 3.5 | 0.15 | 3.63 | 7 (2026-08-21) | 62.70% | 4.29% | 2.60x |
| DDD | 2.0 | 0.05 | 3.63 | 7 (2026-08-21) | 93.81% | 2.50% | 2.30x |
| DDD | 2.5 | 0.05 | 3.63 | 7 (2026-08-21) | 91.67% | 2.00% | 1.92x |
| DDD | 3.5 | 0.35 | 3.63 | 27 (2026-09-18) | 60.77% | 10.00% | 1.73x |
| DDD | 3.0 | 0.05 | 3.63 | 7 (2026-08-21) | 87.06% | 1.67% | 1.68x |
| DDD | 2.5 | 0.47 | 3.63 | 72 (2026-11-20) | 80.78% | 18.80% | 1.64x |
| DDD | 3.0 | 0.19 | 3.63 | 27 (2026-09-18) | 77.21% | 6.33% | 1.56x |
| DDD | 3.5 | 0.65 | 3.63 | 72 (2026-11-20) | 62.97% | 18.57% | 1.47x |
| DDD | 3.5 | 0.9 | 3.63 | 112 (2027-01-15) | 65.66% | 25.71% | 1.42x |
| DDD | 2.5 | 0.08 | 3.63 | 27 (2026-09-18) | 88.78% | 3.20% | 1.30x |
| DDD | 2.0 | 0.05 | 3.63 | 27 (2026-09-18) | 94.07% | 2.50% | 1.24x |
| DDD | 1.5 | 0.07 | 3.63 | 72 (2026-11-20) | 94.77% | 4.67% | 1.16x |