Recommendation: NO
Current Price: $1.57
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 |
|---|---|---|---|---|---|---|---|
| NNDM | 1.5 | 0.25 | 1.57 | 80 (2027-01-15) | 63.24% | 16.67% | 1.37x |
| NNDM | 1.5 | 0.1 | 1.57 | 40 (2026-11-20) | 62.90% | 6.67% | 1.30x |
| NNDM | 1.0 | 0.05 | 1.57 | 80 (2027-01-15) | 88.32% | 5.00% | 1.15x |
| NNDM | 1.5 | 0.3 | 1.57 | 345 (2028-01-21) | 65.34% | 20.00% | 1.09x |