Recommendation: NO
Current Price: $3.46
Total Wheels: 32
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 |
|---|---|---|---|---|---|---|---|
| AMC | 2.5 | 0.02 | 3.46 | 9 (2026-11-20) | 94.33% | 0.80% | 1.23x |
| AMC | 3.0 | 0.02 | 3.46 | 9 (2026-11-20) | 88.99% | 0.67% | 1.18x |
| AMC | 3.0 | 0.01 | 3.46 | 4 (2026-11-13) | 93.37% | 0.33% | 1.17x |
| AMC | 0.5 | 0.01 | 3.46 | 49 (2027-01-15) | 99.49% | 2.00% | 1.11x |
| AMC | 2.5 | 0.02 | 3.46 | 19 (2026-12-04) | 94.83% | 0.80% | 1.11x |
| AMC | 2.0 | 0.01 | 3.46 | 24 (2026-12-11) | 96.94% | 0.50% | 1.05x |