Recommendation: NO
Current Price: $17.49
Total Wheels: 15
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 |
|---|---|---|---|---|---|---|---|
| FCEL | 17.0 | 0.95 | 17.49 | 4 (2026-06-12) | 59.95% | 5.59% | 5.26x |
| FCEL | 15.0 | 0.65 | 17.49 | 8 (2026-06-18) | 77.21% | 4.33% | 2.82x |
| FCEL | 10.0 | 0.75 | 17.49 | 18 (2026-07-02) | 88.97% | 7.50% | 2.47x |
| FCEL | 15.5 | 1.1 | 17.49 | 14 (2026-06-26) | 71.30% | 7.10% | 2.43x |
| FCEL | 17.0 | 2.65 | 17.49 | 29 (2026-07-17) | 61.06% | 15.59% | 2.20x |
| FCEL | 16.0 | 1.85 | 17.49 | 24 (2026-07-10) | 66.49% | 11.56% | 2.18x |
| FCEL | 16.0 | 2.15 | 17.49 | 29 (2026-07-17) | 66.42% | 13.44% | 2.10x |
| FCEL | 13.0 | 0.1 | 17.49 | 4 (2026-06-12) | 94.63% | 0.77% | 1.44x |
| FCEL | 17.0 | 6.0 | 17.49 | 159 (2027-01-15) | 69.54% | 35.29% | 1.42x |
| FCEL | 15.0 | 4.8 | 17.49 | 159 (2027-01-15) | 74.11% | 32.00% | 1.40x |
| FCEL | 13.0 | 3.6 | 17.49 | 159 (2027-01-15) | 78.60% | 27.69% | 1.37x |
| FCEL | 11.0 | 0.1 | 17.49 | 8 (2026-06-18) | 96.49% | 0.91% | 1.32x |
| FCEL | 10.0 | 1.15 | 17.49 | 94 (2026-10-16) | 87.24% | 11.50% | 1.29x |
| FCEL | 2.0 | 0.25 | 17.49 | 424 (2028-01-21) | 98.58% | 12.50% | 1.07x |