Recommendation: HV
Current Price: $67.19
Total Wheels: 14
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 |
|---|---|---|---|---|---|---|---|
| MRNA | 65.0 | 1.69 | 67.19 | 4 (2026-07-02) | 64.87% | 2.60% | 2.32x |
| MRNA | 64.0 | 1.26 | 67.19 | 4 (2026-07-02) | 70.90% | 1.97% | 2.01x |
| MRNA | 65.0 | 2.93 | 67.19 | 10 (2026-07-10) | 61.72% | 4.51% | 2.00x |
| MRNA | 63.0 | 2.15 | 67.19 | 10 (2026-07-10) | 69.33% | 3.41% | 1.80x |
| MRNA | 65.0 | 4.65 | 67.19 | 20 (2026-07-24) | 60.40% | 7.15% | 1.70x |
| MRNA | 65.0 | 7.8 | 67.19 | 40 (2026-08-21) | 60.66% | 12.00% | 1.56x |
| MRNA | 62.0 | 4.1 | 67.19 | 25 (2026-07-31) | 67.40% | 6.61% | 1.55x |
| MRNA | 60.0 | 2.63 | 67.19 | 20 (2026-07-24) | 73.60% | 4.38% | 1.49x |
| MRNA | 60.0 | 5.45 | 67.19 | 40 (2026-08-21) | 69.34% | 9.08% | 1.47x |
| MRNA | 65.0 | 9.55 | 67.19 | 60 (2026-09-18) | 61.37% | 14.69% | 1.44x |
| MRNA | 60.0 | 7.1 | 67.19 | 60 (2026-09-18) | 68.61% | 11.83% | 1.39x |
| MRNA | 65.0 | 10.95 | 67.19 | 80 (2026-10-16) | 62.09% | 16.85% | 1.37x |
| MRNA | 55.0 | 3.55 | 67.19 | 40 (2026-08-21) | 77.61% | 6.45% | 1.36x |
| MRNA | 60.0 | 8.4 | 67.19 | 80 (2026-10-16) | 68.46% | 14.00% | 1.33x |
| MRNA | 55.0 | 5.0 | 67.19 | 60 (2026-09-18) | 75.68% | 9.09% | 1.32x |
| MRNA | 55.0 | 6.1 | 67.19 | 80 (2026-10-16) | 74.77% | 11.09% | 1.29x |
| MRNA | 50.0 | 3.4 | 67.19 | 60 (2026-09-18) | 82.07% | 6.80% | 1.26x |
| MRNA | 50.0 | 5.95 | 67.19 | 125 (2026-12-18) | 79.22% | 11.90% | 1.20x |