Recommendation: HV
Current Price: $48.83
Total Wheels: 10
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 |
|---|---|---|---|---|---|---|---|
| MP | 48.5 | 1.18 | 48.83 | 5 (2026-10-02) | 55.35% | 2.43% | 1.96x |
| MP | 47.5 | 0.73 | 48.83 | 5 (2026-10-02) | 67.31% | 1.54% | 1.68x |
| MP | 48.0 | 1.45 | 48.83 | 10 (2026-10-09) | 59.11% | 3.02% | 1.56x |
| MP | 48.0 | 1.91 | 48.83 | 15 (2026-10-16) | 58.18% | 3.98% | 1.47x |
| MP | 47.0 | 1.51 | 48.83 | 15 (2026-10-16) | 64.77% | 3.21% | 1.41x |
| MP | 46.0 | 1.1 | 48.83 | 15 (2026-10-16) | 71.41% | 2.39% | 1.33x |
| MP | 45.0 | 0.51 | 48.83 | 10 (2026-10-09) | 81.24% | 1.13% | 1.26x |
| MP | 45.0 | 0.79 | 48.83 | 15 (2026-10-16) | 77.51% | 1.76% | 1.25x |
| MP | 45.0 | 2.24 | 48.83 | 40 (2026-11-20) | 69.23% | 4.98% | 1.24x |
| MP | 45.0 | 3.15 | 48.83 | 60 (2026-12-18) | 67.37% | 7.00% | 1.21x |
| MP | 45.0 | 4.95 | 48.83 | 125 (2027-03-19) | 66.12% | 11.00% | 1.15x |
| MP | 42.0 | 2.49 | 48.83 | 80 (2027-01-15) | 74.89% | 5.93% | 1.15x |
| MP | 32.0 | 0.35 | 48.83 | 80 (2027-01-15) | 94.73% | 1.09% | 1.03x |