Recommendation: NO
Current Price: $2.64
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 | 0.06 | 2.64 | 4 (2025-05-09) E | 70.34% | 2.40% | 2.32x |
AMC | 2.5 | 0.09 | 2.64 | 9 (2025-05-16) E | 67.20% | 3.60% | 1.95x |
AMC | 2.5 | 0.12 | 2.64 | 14 (2025-05-23) E | 65.54% | 4.80% | 1.75x |
AMC | 2.5 | 0.15 | 2.64 | 19 (2025-05-30) E | 64.46% | 6.00% | 1.65x |
AMC | 1.0 | 0.01 | 2.64 | 4 (2025-05-09) E | 98.69% | 1.00% | 1.64x |
AMC | 2.5 | 0.18 | 2.64 | 24 (2025-06-06) E | 63.67% | 7.20% | 1.60x |
AMC | 2.5 | 0.24 | 2.64 | 34 (2025-06-20) E | 63.12% | 9.60% | 1.55x |
AMC | 2.5 | 0.46 | 2.64 | 99 (2025-09-19) E | 64.42% | 18.40% | 1.33x |
AMC | 2.0 | 0.02 | 2.64 | 9 (2025-05-16) E | 93.50% | 1.00% | 1.30x |
AMC | 2.0 | 0.01 | 2.64 | 4 (2025-05-09) E | 96.24% | 0.50% | 1.27x |
AMC | 2.0 | 0.07 | 2.64 | 34 (2025-06-20) E | 85.40% | 3.50% | 1.24x |
AMC | 2.5 | 0.64 | 2.64 | 184 (2026-01-16) E | 67.02% | 25.60% | 1.24x |
AMC | 2.0 | 0.35 | 2.64 | 164 (2025-12-19) E | 77.44% | 17.50% | 1.22x |
AMC | 2.0 | 0.04 | 2.64 | 24 (2025-06-06) E | 88.47% | 2.00% | 1.20x |
AMC | 2.0 | 0.03 | 2.64 | 19 (2025-05-30) E | 90.60% | 1.50% | 1.20x |
AMC | 2.0 | 0.02 | 2.64 | 14 (2025-05-23) E | 92.00% | 1.00% | 1.18x |
AMC | 0.5 | 0.01 | 2.64 | 34 (2025-06-20) E | 99.11% | 2.00% | 1.16x |
AMC | 1.5 | 0.09 | 2.64 | 99 (2025-09-19) E | 90.01% | 6.00% | 1.14x |