Recommendation: ST
Current Price: $11.43
Total Wheels: 16
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 |
|---|---|---|---|---|---|---|---|
| BB | 11.0 | 0.36 | 11.43 | 4 (2026-07-02) | 64.48% | 3.27% | 2.86x |
| BB | 11.0 | 0.62 | 11.43 | 10 (2026-07-10) | 61.81% | 5.64% | 2.37x |
| BB | 1.0 | 0.05 | 11.43 | 15 (2026-07-17) | 99.82% | 5.00% | 2.27x |
| BB | 11.0 | 0.81 | 11.43 | 15 (2026-07-17) | 61.13% | 7.36% | 2.10x |
| BB | 10.5 | 0.39 | 11.43 | 10 (2026-07-10) | 71.65% | 3.71% | 1.94x |
| BB | 10.0 | 0.41 | 11.43 | 15 (2026-07-17) | 75.96% | 4.10% | 1.67x |
| BB | 6.0 | 0.06 | 11.43 | 4 (2026-07-02) | 96.91% | 1.00% | 1.63x |
| BB | 11.0 | 1.38 | 11.43 | 40 (2026-08-21) | 61.33% | 12.55% | 1.60x |
| BB | 11.0 | 1.71 | 11.43 | 60 (2026-09-18) | 62.10% | 15.55% | 1.47x |
| BB | 10.0 | 0.89 | 11.43 | 40 (2026-08-21) | 71.14% | 8.90% | 1.47x |
| BB | 10.0 | 1.18 | 11.43 | 60 (2026-09-18) | 70.17% | 11.80% | 1.40x |
| BB | 11.0 | 2.45 | 11.43 | 125 (2026-12-18) | 64.51% | 22.27% | 1.31x |
| BB | 9.0 | 0.75 | 11.43 | 60 (2026-09-18) | 78.20% | 8.33% | 1.30x |
| BB | 9.0 | 0.16 | 11.43 | 15 (2026-07-17) | 88.27% | 1.78% | 1.30x |
| BB | 10.0 | 1.9 | 11.43 | 125 (2026-12-18) | 70.19% | 19.00% | 1.29x |
| BB | 11.0 | 2.59 | 11.43 | 145 (2027-01-15) | 65.05% | 23.55% | 1.28x |
| BB | 8.0 | 0.04 | 11.43 | 10 (2026-07-10) | 96.23% | 0.50% | 1.13x |
| BB | 9.0 | 0.02 | 11.43 | 4 (2026-07-02) | 97.06% | 0.22% | 1.11x |
| BB | 5.0 | 0.1 | 11.43 | 60 (2026-09-18) | 97.04% | 2.00% | 1.08x |
| BB | 4.0 | 0.05 | 11.43 | 40 (2026-08-21) | 98.35% | 1.25% | 1.08x |
| BB | 6.5 | 0.01 | 11.43 | 4 (2026-07-02) | 98.89% | 0.15% | 1.08x |
| BB | 7.0 | 0.01 | 11.43 | 4 (2026-07-02) | 98.79% | 0.14% | 1.07x |
| BB | 8.0 | 0.01 | 11.43 | 4 (2026-07-02) | 98.81% | 0.13% | 1.06x |
| BB | 3.0 | 0.1 | 11.43 | 190 (2027-03-19) | 97.38% | 3.33% | 1.04x |
| BB | 5.0 | 0.01 | 11.43 | 15 (2026-07-17) | 99.10% | 0.20% | 1.03x |