Recommendation: ST
Current Price: $10.34
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 | 0.26 | 10.34 | 8 (2026-08-21) | 64.92% | 2.60% | 1.69x |
| NOK | 10.0 | 0.38 | 10.34 | 13 (2026-08-28) | 62.59% | 3.80% | 1.58x |
| NOK | 10.0 | 0.46 | 10.34 | 18 (2026-09-04) | 61.77% | 4.60% | 1.48x |
| NOK | 10.0 | 0.1 | 10.34 | 3 (2026-08-14) | 73.23% | 1.00% | 1.44x |
| NOK | 10.0 | 0.55 | 10.34 | 23 (2026-09-11) | 61.13% | 5.50% | 1.44x |
| NOK | 10.0 | 0.64 | 10.34 | 28 (2026-09-18) | 60.72% | 6.40% | 1.41x |
| NOK | 9.5 | 0.2 | 10.34 | 13 (2026-08-28) | 78.24% | 2.11% | 1.37x |
| NOK | 9.5 | 0.28 | 10.34 | 18 (2026-09-04) | 73.36% | 2.95% | 1.35x |
| NOK | 9.5 | 0.34 | 10.34 | 23 (2026-09-11) | 72.01% | 3.58% | 1.32x |
| NOK | 9.5 | 0.1 | 10.34 | 8 (2026-08-21) | 83.26% | 1.05% | 1.32x |
| NOK | 10.0 | 0.87 | 10.34 | 48 (2026-10-16) | 60.40% | 8.70% | 1.31x |
| NOK | 9.5 | 0.44 | 10.34 | 33 (2026-09-25) | 70.15% | 4.63% | 1.28x |
| NOK | 10.0 | 1.2 | 10.34 | 73 (2026-11-20) | 60.88% | 12.00% | 1.28x |
| NOK | 10.0 | 1.34 | 10.34 | 93 (2026-12-18) | 61.18% | 13.40% | 1.24x |
| NOK | 9.0 | 0.27 | 10.34 | 28 (2026-09-18) | 78.97% | 3.00% | 1.23x |
| NOK | 9.0 | 0.31 | 10.34 | 33 (2026-09-25) | 77.83% | 3.44% | 1.22x |
| NOK | 9.0 | 0.74 | 10.34 | 73 (2026-11-20) | 72.03% | 8.22% | 1.22x |
| NOK | 9.0 | 0.15 | 10.34 | 18 (2026-09-04) | 83.40% | 1.67% | 1.21x |
| NOK | 9.0 | 0.1 | 10.34 | 13 (2026-08-28) | 89.23% | 1.11% | 1.21x |
| NOK | 9.0 | 0.44 | 10.34 | 48 (2026-10-16) | 75.27% | 4.89% | 1.21x |
| NOK | 9.0 | 0.19 | 10.34 | 23 (2026-09-11) | 81.55% | 2.11% | 1.21x |
| NOK | 8.0 | 0.03 | 10.34 | 3 (2026-08-14) | 95.77% | 0.37% | 1.20x |
| NOK | 9.0 | 0.87 | 10.34 | 93 (2026-12-18) | 71.30% | 9.67% | 1.20x |
| NOK | 8.0 | 0.39 | 10.34 | 73 (2026-11-20) | 82.46% | 4.88% | 1.15x |
| NOK | 8.0 | 0.47 | 10.34 | 93 (2026-12-18) | 81.21% | 5.87% | 1.13x |
| NOK | 8.5 | 0.02 | 10.34 | 3 (2026-08-14) | 96.30% | 0.24% | 1.12x |
| NOK | 8.0 | 0.2 | 10.34 | 48 (2026-10-16) | 87.26% | 2.50% | 1.12x |
| NOK | 6.0 | 0.05 | 10.34 | 23 (2026-09-11) | 96.75% | 0.83% | 1.09x |
| NOK | 8.5 | 0.04 | 10.34 | 13 (2026-08-28) | 93.89% | 0.47% | 1.09x |
| NOK | 3.0 | 0.05 | 10.34 | 48 (2026-10-16) | 98.47% | 1.67% | 1.09x |
| NOK | 8.0 | 0.08 | 10.34 | 28 (2026-09-18) | 92.20% | 1.00% | 1.09x |
| NOK | 7.0 | 0.23 | 10.34 | 93 (2026-12-18) | 89.38% | 3.29% | 1.08x |
| NOK | 4.0 | 0.02 | 10.34 | 18 (2026-09-04) | 99.02% | 0.50% | 1.07x |
| NOK | 8.0 | 0.04 | 10.34 | 18 (2026-09-04) | 94.97% | 0.50% | 1.07x |
| NOK | 6.0 | 0.11 | 10.34 | 93 (2026-12-18) | 94.51% | 1.83% | 1.05x |
| NOK | 4.0 | 0.02 | 10.34 | 28 (2026-09-18) | 98.98% | 0.50% | 1.05x |
| NOK | 6.0 | 0.05 | 10.34 | 48 (2026-10-16) | 96.69% | 0.83% | 1.04x |
| NOK | 6.0 | 0.06 | 10.34 | 73 (2026-11-20) | 96.20% | 1.00% | 1.03x |
| NOK | 6.0 | 0.01 | 10.34 | 28 (2026-09-18) | 98.71% | 0.17% | 1.01x |
| NOK | 7.0 | 0.01 | 10.34 | 28 (2026-09-18) | 99.05% | 0.14% | 1.01x |
| NOK | 5.0 | 0.01 | 10.34 | 73 (2026-11-20) | 99.33% | 0.20% | 1.01x |