Recommendation: HV
Current Price: $36.56
Total Wheels: 2
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 | 36.5 | 1.6 | 36.56 | 4 (2025-06-27) | 52.89% | 4.38% | 3.17x |
| MP | 36.0 | 1.25 | 36.56 | 4 (2025-06-27) | 57.96% | 3.47% | 2.73x |
| MP | 35.5 | 1.04 | 36.56 | 4 (2025-06-27) | 63.05% | 2.93% | 2.52x |
| MP | 36.0 | 1.87 | 36.56 | 8 (2025-07-03) | 57.13% | 5.19% | 2.51x |
| MP | 35.0 | 0.81 | 36.56 | 4 (2025-06-27) | 68.39% | 2.31% | 2.21x |
| MP | 35.0 | 1.37 | 36.56 | 8 (2025-07-03) | 64.63% | 3.91% | 2.20x |
| MP | 34.5 | 1.2 | 36.56 | 8 (2025-07-03) | 68.26% | 3.48% | 2.09x |
| MP | 34.5 | 0.7 | 36.56 | 4 (2025-06-27) | 72.56% | 2.03% | 2.09x |
| MP | 34.0 | 0.91 | 36.56 | 8 (2025-07-03) | 72.54% | 2.68% | 1.83x |
| MP | 34.0 | 0.51 | 36.56 | 4 (2025-06-27) | 77.61% | 1.50% | 1.79x |
| MP | 35.0 | 2.31 | 36.56 | 19 (2025-07-18) | 62.32% | 6.60% | 1.71x |
| MP | 35.0 | 2.74 | 36.56 | 24 (2025-07-25) | 61.92% | 7.83% | 1.64x |
| MP | 34.0 | 1.9 | 36.56 | 19 (2025-07-18) | 67.32% | 5.59% | 1.63x |
| MP | 33.0 | 1.23 | 36.56 | 14 (2025-07-11) | 73.71% | 3.73% | 1.63x |
| MP | 33.0 | 0.65 | 36.56 | 8 (2025-07-03) | 78.98% | 1.97% | 1.63x |
| MP | 33.5 | 0.4 | 36.56 | 4 (2025-06-27) | 80.96% | 1.19% | 1.62x |
| MP | 33.0 | 0.35 | 36.56 | 4 (2025-06-27) | 84.15% | 1.06% | 1.56x |
| MP | 33.0 | 1.55 | 36.56 | 19 (2025-07-18) | 71.99% | 4.70% | 1.55x |
| MP | 32.5 | 0.56 | 36.56 | 8 (2025-07-03) | 81.58% | 1.72% | 1.55x |
| MP | 34.0 | 2.39 | 36.56 | 29 (2025-08-01) E | 66.18% | 7.03% | 1.48x |
| MP | 33.0 | 2.85 | 36.56 | 39 (2025-08-15) E | 68.56% | 8.64% | 1.45x |
| MP | 32.0 | 1.15 | 36.56 | 19 (2025-07-18) | 77.01% | 3.59% | 1.44x |
| MP | 33.0 | 1.95 | 36.56 | 29 (2025-08-01) E | 70.48% | 5.91% | 1.43x |
| MP | 31.0 | 1.26 | 36.56 | 24 (2025-07-25) | 78.54% | 4.06% | 1.39x |
| MP | 32.0 | 2.3 | 36.56 | 39 (2025-08-15) E | 72.29% | 7.19% | 1.39x |
| MP | 31.0 | 0.96 | 36.56 | 19 (2025-07-18) | 80.61% | 3.10% | 1.39x |
| MP | 32.5 | 0.24 | 36.56 | 4 (2025-06-27) | 87.93% | 0.74% | 1.39x |
| MP | 31.0 | 2.02 | 36.56 | 39 (2025-08-15) E | 75.25% | 6.52% | 1.36x |
| MP | 33.0 | 3.88 | 36.56 | 64 (2025-09-19) E | 67.74% | 11.76% | 1.35x |
| MP | 32.0 | 1.5 | 36.56 | 29 (2025-08-01) E | 75.00% | 4.69% | 1.35x |
| MP | 32.0 | 0.2 | 36.56 | 4 (2025-06-27) | 88.91% | 0.63% | 1.32x |
| MP | 31.0 | 0.3 | 36.56 | 8 (2025-07-03) | 89.61% | 0.97% | 1.31x |
| MP | 35.0 | 5.3 | 36.56 | 84 (2025-10-17) E | 62.63% | 15.14% | 1.31x |
| MP | 30.0 | 1.58 | 36.56 | 39 (2025-08-15) E | 78.84% | 5.27% | 1.30x |
| MP | 30.0 | 0.7 | 36.56 | 19 (2025-07-18) | 84.94% | 2.33% | 1.30x |
| MP | 30.0 | 1.12 | 36.56 | 29 (2025-08-01) E | 81.28% | 3.73% | 1.30x |
| MP | 33.0 | 4.39 | 36.56 | 84 (2025-10-17) E | 67.66% | 13.30% | 1.30x |
| MP | 34.0 | 4.4 | 36.56 | 84 (2025-10-17) E | 65.07% | 12.94% | 1.27x |
| MP | 30.0 | 2.47 | 36.56 | 64 (2025-09-19) E | 76.05% | 8.23% | 1.27x |
| MP | 35.0 | 5.95 | 36.56 | 109 (2025-11-21) E | 63.18% | 17.00% | 1.27x |
| MP | 29.0 | 1.26 | 36.56 | 39 (2025-08-15) E | 82.01% | 4.34% | 1.25x |
| MP | 32.0 | 3.4 | 36.56 | 84 (2025-10-17) E | 70.52% | 10.62% | 1.24x |
| MP | 28.0 | 1.0 | 36.56 | 39 (2025-08-15) E | 84.78% | 3.57% | 1.21x |
| MP | 28.5 | 0.74 | 36.56 | 29 (2025-08-01) E | 86.32% | 2.60% | 1.21x |
| MP | 27.0 | 0.94 | 36.56 | 39 (2025-08-15) E | 86.45% | 3.48% | 1.21x |
| MP | 27.0 | 1.42 | 36.56 | 64 (2025-09-19) E | 83.94% | 5.26% | 1.19x |
| MP | 27.0 | 2.51 | 36.56 | 109 (2025-11-21) E | 80.65% | 9.30% | 1.18x |
| MP | 28.0 | 0.39 | 36.56 | 19 (2025-07-18) | 90.60% | 1.39% | 1.18x |