Recommendation: HV
Current Price: $63.65
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 | 62.0 | 1.94 | 63.65 | 6 (2026-08-21) | 61.79% | 3.13% | 2.23x |
| MRNA | 63.0 | 2.07 | 63.65 | 6 (2026-08-21) | 56.26% | 3.29% | 2.16x |
| MRNA | 61.0 | 1.51 | 63.65 | 6 (2026-08-21) | 67.59% | 2.48% | 2.01x |
| MRNA | 63.0 | 2.8 | 63.65 | 11 (2026-08-28) | 55.87% | 4.44% | 1.75x |
| MRNA | 61.0 | 2.26 | 63.65 | 11 (2026-08-28) | 64.77% | 3.70% | 1.72x |
| MRNA | 60.0 | 1.05 | 63.65 | 6 (2026-08-21) | 74.04% | 1.75% | 1.72x |
| MRNA | 62.0 | 2.32 | 63.65 | 11 (2026-08-28) | 60.93% | 3.74% | 1.68x |
| MRNA | 63.0 | 1.1 | 63.65 | 1 (2026-08-14) | 58.25% | 1.75% | 1.67x |
| MRNA | 63.0 | 3.64 | 63.65 | 16 (2026-09-04) | 55.83% | 5.78% | 1.65x |
| MRNA | 62.0 | 3.35 | 63.65 | 16 (2026-09-04) | 59.65% | 5.40% | 1.65x |
| MRNA | 60.0 | 1.82 | 63.65 | 11 (2026-08-28) | 69.34% | 3.03% | 1.61x |
| MRNA | 59.0 | 0.82 | 63.65 | 6 (2026-08-21) | 78.82% | 1.39% | 1.58x |
| MRNA | 60.0 | 2.39 | 63.65 | 16 (2026-09-04) | 67.38% | 3.98% | 1.52x |
| MRNA | 59.0 | 1.36 | 63.65 | 11 (2026-08-28) | 74.34% | 2.31% | 1.48x |
| MRNA | 59.0 | 2.06 | 63.65 | 16 (2026-09-04) | 70.91% | 3.49% | 1.47x |
| MRNA | 60.0 | 2.84 | 63.65 | 21 (2026-09-11) | 66.30% | 4.73% | 1.45x |
| MRNA | 59.0 | 2.56 | 63.65 | 21 (2026-09-11) | 69.34% | 4.34% | 1.43x |
| MRNA | 58.0 | 1.78 | 63.65 | 16 (2026-09-04) | 74.16% | 3.07% | 1.43x |
| MRNA | 60.0 | 3.3 | 63.65 | 26 (2026-09-18) | 65.47% | 5.50% | 1.41x |
| MRNA | 58.0 | 1.06 | 63.65 | 11 (2026-08-28) | 78.60% | 1.83% | 1.39x |
| MRNA | 58.0 | 0.5 | 63.65 | 6 (2026-08-21) | 84.76% | 0.86% | 1.36x |
| MRNA | 57.0 | 0.9 | 63.65 | 11 (2026-08-28) | 81.67% | 1.58% | 1.34x |
| MRNA | 58.0 | 1.91 | 63.65 | 21 (2026-09-11) | 73.62% | 3.29% | 1.33x |
| MRNA | 57.0 | 1.75 | 63.65 | 21 (2026-09-11) | 76.13% | 3.07% | 1.32x |
| MRNA | 55.0 | 3.88 | 63.65 | 46 (2026-10-16) | 73.36% | 7.05% | 1.32x |
| MRNA | 57.0 | 0.41 | 63.65 | 6 (2026-08-21) | 87.56% | 0.72% | 1.30x |
| MRNA | 55.0 | 1.82 | 63.65 | 26 (2026-09-18) | 78.73% | 3.31% | 1.28x |
| MRNA | 55.0 | 7.06 | 63.65 | 91 (2026-12-18) | 70.95% | 12.84% | 1.27x |
| MRNA | 62.0 | 0.39 | 63.65 | 1 (2026-08-14) | 74.90% | 0.63% | 1.27x |
| MRNA | 55.0 | 0.98 | 63.65 | 16 (2026-09-04) | 83.58% | 1.78% | 1.26x |
| MRNA | 56.0 | 0.95 | 63.65 | 16 (2026-09-04) | 82.59% | 1.70% | 1.25x |
| MRNA | 56.0 | 0.62 | 63.65 | 11 (2026-08-28) | 85.84% | 1.11% | 1.24x |
| MRNA | 50.0 | 5.06 | 63.65 | 91 (2026-12-18) | 77.41% | 10.12% | 1.23x |
| MRNA | 55.0 | 0.56 | 63.65 | 11 (2026-08-28) | 87.56% | 1.02% | 1.23x |
| MRNA | 50.0 | 2.13 | 63.65 | 46 (2026-10-16) | 82.66% | 4.26% | 1.21x |
| MRNA | 45.0 | 2.84 | 63.65 | 71 (2026-11-20) | 84.41% | 6.31% | 1.20x |
| MRNA | 45.0 | 3.55 | 63.65 | 91 (2026-12-18) | 83.16% | 7.89% | 1.19x |
| MRNA | 54.0 | 0.43 | 63.65 | 11 (2026-08-28) | 90.01% | 0.80% | 1.18x |
| MRNA | 43.0 | 1.4 | 63.65 | 46 (2026-10-16) | 89.52% | 3.26% | 1.17x |
| MRNA | 55.0 | 0.21 | 63.65 | 6 (2026-08-21) | 93.00% | 0.38% | 1.16x |
| MRNA | 50.0 | 0.82 | 63.65 | 26 (2026-09-18) | 88.90% | 1.64% | 1.15x |
| MRNA | 49.0 | 0.79 | 63.65 | 26 (2026-09-18) | 89.69% | 1.61% | 1.15x |
| MRNA | 40.0 | 2.25 | 63.65 | 91 (2026-12-18) | 88.35% | 5.63% | 1.14x |
| MRNA | 47.0 | 0.54 | 63.65 | 26 (2026-09-18) | 92.51% | 1.15% | 1.11x |
| MRNA | 61.0 | 0.13 | 63.65 | 1 (2026-08-14) | 88.63% | 0.21% | 1.10x |
| MRNA | 60.0 | 0.09 | 63.65 | 1 (2026-08-14) | 92.37% | 0.15% | 1.07x |
| MRNA | 45.0 | 0.33 | 63.65 | 26 (2026-09-18) | 95.01% | 0.73% | 1.07x |
| MRNA | 55.0 | 0.04 | 63.65 | 1 (2026-08-14) | 97.84% | 0.07% | 1.04x |
| MRNA | 58.0 | 0.03 | 63.65 | 1 (2026-08-14) | 97.25% | 0.05% | 1.03x |
| MRNA | 54.0 | 0.02 | 63.65 | 1 (2026-08-14) | 98.84% | 0.04% | 1.02x |
| MRNA | 56.0 | 0.02 | 63.65 | 1 (2026-08-14) | 98.83% | 0.04% | 1.02x |
| MRNA | 57.0 | 0.02 | 63.65 | 1 (2026-08-14) | 98.23% | 0.04% | 1.02x |
| MRNA | 59.0 | 0.01 | 63.65 | 1 (2026-08-14) | 99.03% | 0.02% | 1.01x |