Recommendation: ST
Current Price: $10.39
Total Wheels: 9
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 |
|---|---|---|---|---|---|---|---|
| NOK | 10.0 | 0.13 | 10.39 | 5 (2026-10-02) | 72.38% | 1.30% | 1.60x |
| NOK | 10.0 | 0.54 | 10.39 | 20 (2026-10-23) | 62.05% | 5.40% | 1.51x |
| NOK | 10.0 | 0.24 | 10.39 | 10 (2026-10-09) | 66.81% | 2.40% | 1.49x |
| NOK | 10.0 | 0.6 | 10.39 | 25 (2026-10-30) | 61.51% | 6.00% | 1.44x |
| NOK | 10.0 | 0.32 | 10.39 | 15 (2026-10-16) | 64.82% | 3.20% | 1.41x |
| NOK | 10.0 | 0.66 | 10.39 | 30 (2026-11-06) | 61.49% | 6.60% | 1.40x |
| NOK | 9.5 | 0.33 | 10.39 | 20 (2026-10-23) | 72.76% | 3.47% | 1.37x |
| NOK | 9.5 | 0.39 | 10.39 | 25 (2026-10-30) | 71.45% | 4.11% | 1.34x |
| NOK | 10.0 | 0.76 | 10.39 | 40 (2026-11-20) | 61.24% | 7.60% | 1.33x |
| NOK | 9.5 | 0.17 | 10.39 | 15 (2026-10-16) | 78.34% | 1.79% | 1.26x |
| NOK | 10.0 | 0.92 | 10.39 | 60 (2026-12-18) | 61.13% | 9.20% | 1.26x |
| NOK | 9.5 | 0.1 | 10.39 | 10 (2026-10-09) | 82.12% | 1.05% | 1.24x |
| NOK | 9.0 | 0.19 | 10.39 | 20 (2026-10-23) | 82.03% | 2.11% | 1.24x |
| NOK | 9.0 | 0.22 | 10.39 | 25 (2026-10-30) | 80.95% | 2.44% | 1.22x |
| NOK | 10.0 | 1.05 | 10.39 | 80 (2027-01-15) | 61.23% | 10.50% | 1.22x |
| NOK | 9.0 | 0.36 | 10.39 | 40 (2026-11-20) | 76.98% | 4.00% | 1.21x |
| NOK | 9.0 | 0.26 | 10.39 | 30 (2026-11-06) | 79.56% | 2.89% | 1.21x |
| NOK | 9.5 | 0.04 | 10.39 | 5 (2026-10-02) | 89.66% | 0.42% | 1.21x |
| NOK | 9.0 | 0.51 | 10.39 | 60 (2026-12-18) | 74.62% | 5.67% | 1.19x |
| NOK | 10.0 | 1.35 | 10.39 | 125 (2027-03-19) | 61.83% | 13.50% | 1.18x |
| NOK | 9.0 | 0.64 | 10.39 | 80 (2027-01-15) | 73.24% | 7.11% | 1.17x |
| NOK | 8.5 | 0.13 | 10.39 | 25 (2026-10-30) | 87.69% | 1.53% | 1.14x |
| NOK | 9.0 | 0.08 | 10.39 | 15 (2026-10-16) | 88.50% | 0.89% | 1.14x |
| NOK | 8.5 | 0.15 | 10.39 | 30 (2026-11-06) | 86.73% | 1.76% | 1.14x |
| NOK | 8.5 | 0.02 | 10.39 | 5 (2026-10-02) | 95.99% | 0.24% | 1.12x |
| NOK | 8.5 | 0.08 | 10.39 | 20 (2026-10-23) | 90.41% | 0.94% | 1.11x |
| NOK | 9.0 | 0.02 | 10.39 | 5 (2026-10-02) | 94.72% | 0.22% | 1.11x |
| NOK | 9.0 | 0.04 | 10.39 | 10 (2026-10-09) | 92.54% | 0.44% | 1.11x |
| NOK | 8.0 | 0.22 | 10.39 | 60 (2026-12-18) | 86.42% | 2.75% | 1.10x |
| NOK | 7.5 | 0.04 | 10.39 | 20 (2026-10-23) | 95.76% | 0.53% | 1.07x |
| NOK | 7.5 | 0.05 | 10.39 | 25 (2026-10-30) | 94.83% | 0.67% | 1.07x |
| NOK | 7.0 | 0.1 | 10.39 | 60 (2026-12-18) | 95.47% | 1.43% | 1.06x |
| NOK | 3.0 | 0.04 | 10.39 | 80 (2027-01-15) | 98.68% | 1.33% | 1.04x |
| NOK | 1.0 | 0.02 | 10.39 | 125 (2027-03-19) | 99.64% | 2.00% | 1.04x |
| NOK | 6.0 | 0.04 | 10.39 | 60 (2026-12-18) | 97.11% | 0.67% | 1.03x |
| NOK | 7.0 | 0.01 | 10.39 | 15 (2026-10-16) | 98.52% | 0.14% | 1.02x |
| NOK | 6.0 | 0.01 | 10.39 | 40 (2026-11-20) | 98.80% | 0.17% | 1.01x |
| NOK | 3.5 | 0.01 | 10.39 | 80 (2027-01-15) | 99.66% | 0.29% | 1.01x |