Recommendation: HV
Current Price: $53.93
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 |
|---|---|---|---|---|---|---|---|
| MP | 51.0 | 0.92 | 53.93 | 8 (2026-08-21) | 73.14% | 1.80% | 1.51x |
| MP | 53.0 | 2.69 | 53.93 | 18 (2026-09-04) | 57.72% | 5.08% | 1.50x |
| MP | 53.0 | 0.63 | 53.93 | 3 (2026-08-14) | 65.00% | 1.19% | 1.47x |
| MP | 50.0 | 1.18 | 53.93 | 13 (2026-08-28) | 74.09% | 2.36% | 1.40x |
| MP | 50.0 | 0.66 | 53.93 | 8 (2026-08-21) | 79.25% | 1.32% | 1.39x |
| MP | 50.0 | 1.63 | 53.93 | 18 (2026-09-04) | 71.41% | 3.26% | 1.38x |
| MP | 50.0 | 2.37 | 53.93 | 28 (2026-09-18) | 68.72% | 4.74% | 1.33x |
| MP | 49.0 | 1.32 | 53.93 | 18 (2026-09-04) | 75.58% | 2.69% | 1.33x |
| MP | 50.0 | 1.79 | 53.93 | 23 (2026-09-11) | 70.71% | 3.58% | 1.32x |
| MP | 49.0 | 0.45 | 53.93 | 8 (2026-08-21) | 84.60% | 0.92% | 1.28x |
| MP | 50.0 | 5.7 | 53.93 | 93 (2026-12-18) | 65.42% | 11.40% | 1.22x |
| MP | 50.0 | 6.45 | 53.93 | 113 (2027-01-15) | 65.43% | 12.90% | 1.20x |
| MP | 48.0 | 0.31 | 53.93 | 8 (2026-08-21) | 88.71% | 0.65% | 1.20x |
| MP | 51.0 | 0.2 | 53.93 | 3 (2026-08-14) | 87.54% | 0.39% | 1.19x |
| MP | 50.0 | 7.95 | 53.93 | 158 (2027-03-19) | 65.80% | 15.90% | 1.17x |
| MP | 45.0 | 3.6 | 53.93 | 93 (2026-12-18) | 75.21% | 8.00% | 1.17x |
| MP | 47.0 | 4.85 | 53.93 | 113 (2027-01-15) | 71.00% | 10.32% | 1.17x |
| MP | 45.0 | 0.87 | 53.93 | 28 (2026-09-18) | 85.14% | 1.93% | 1.16x |
| MP | 45.0 | 4.05 | 53.93 | 113 (2027-01-15) | 74.60% | 9.00% | 1.16x |
| MP | 45.0 | 5.3 | 53.93 | 158 (2027-03-19) | 73.55% | 11.78% | 1.14x |
| MP | 40.0 | 2.42 | 53.93 | 113 (2027-01-15) | 82.92% | 6.05% | 1.12x |
| MP | 50.0 | 0.1 | 53.93 | 3 (2026-08-14) | 91.38% | 0.20% | 1.10x |
| MP | 40.0 | 0.25 | 53.93 | 28 (2026-09-18) | 94.80% | 0.63% | 1.05x |