Recommendation: HV
Current Price: $25.20
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 | 25.0 | 1.07 | 25.20 | 4 (2025-05-09) E | 55.08% | 4.28% | 3.24x |
| MP | 24.5 | 0.88 | 25.20 | 4 (2025-05-09) E | 61.59% | 3.59% | 3.01x |
| MP | 23.5 | 0.55 | 25.20 | 4 (2025-05-09) E | 73.21% | 2.34% | 2.35x |
| MP | 25.0 | 1.4 | 25.20 | 9 (2025-05-16) E | 55.15% | 5.60% | 2.34x |
| MP | 23.0 | 0.43 | 25.20 | 4 (2025-05-09) E | 78.22% | 1.87% | 2.08x |
| MP | 24.0 | 0.95 | 25.20 | 9 (2025-05-16) E | 65.60% | 3.96% | 2.05x |
| MP | 24.0 | 1.35 | 25.20 | 14 (2025-05-23) E | 63.73% | 5.63% | 1.89x |
| MP | 22.5 | 0.32 | 25.20 | 4 (2025-05-09) E | 82.77% | 1.42% | 1.80x |
| MP | 23.5 | 1.15 | 25.20 | 14 (2025-05-23) E | 67.68% | 4.89% | 1.80x |
| MP | 23.0 | 0.65 | 25.20 | 9 (2025-05-16) E | 74.66% | 2.83% | 1.79x |
| MP | 20.5 | 0.26 | 25.20 | 4 (2025-05-09) E | 88.99% | 1.27% | 1.76x |
| MP | 24.5 | 1.55 | 25.20 | 19 (2025-05-30) E | 59.71% | 6.33% | 1.64x |
| MP | 23.5 | 1.2 | 25.20 | 19 (2025-05-30) E | 67.61% | 5.11% | 1.57x |
| MP | 22.0 | 0.42 | 25.20 | 9 (2025-05-16) E | 82.26% | 1.91% | 1.55x |
| MP | 21.5 | 0.2 | 25.20 | 4 (2025-05-09) E | 89.97% | 0.93% | 1.52x |
| MP | 22.0 | 0.65 | 25.20 | 14 (2025-05-23) E | 78.77% | 2.95% | 1.51x |
| MP | 22.5 | 0.95 | 25.20 | 19 (2025-05-30) E | 73.87% | 4.22% | 1.50x |
| MP | 24.0 | 1.8 | 25.20 | 34 (2025-06-20) E | 62.84% | 7.50% | 1.41x |
| MP | 21.5 | 0.48 | 25.20 | 14 (2025-05-23) E | 82.71% | 2.23% | 1.39x |
| MP | 22.5 | 1.25 | 25.20 | 34 (2025-06-20) E | 71.99% | 5.56% | 1.34x |
| MP | 24.0 | 2.45 | 25.20 | 54 (2025-07-18) E | 62.44% | 10.21% | 1.33x |
| MP | 24.0 | 2.95 | 25.20 | 74 (2025-08-15) E | 62.61% | 12.29% | 1.29x |
| MP | 21.0 | 0.84 | 25.20 | 34 (2025-06-20) E | 79.85% | 4.00% | 1.26x |
| MP | 25.0 | 3.9 | 25.20 | 99 (2025-09-19) E | 59.08% | 15.60% | 1.25x |
| MP | 22.0 | 1.95 | 25.20 | 74 (2025-08-15) E | 71.40% | 8.86% | 1.23x |
| MP | 24.0 | 3.2 | 25.20 | 99 (2025-09-19) E | 62.80% | 13.33% | 1.23x |
| MP | 22.5 | 2.7 | 25.20 | 99 (2025-09-19) E | 68.68% | 12.00% | 1.22x |
| MP | 20.0 | 0.65 | 25.20 | 34 (2025-06-20) E | 84.02% | 3.25% | 1.22x |
| MP | 20.0 | 1.8 | 25.20 | 99 (2025-09-19) E | 77.44% | 9.00% | 1.19x |
| MP | 15.0 | 0.72 | 25.20 | 99 (2025-09-19) E | 90.24% | 4.80% | 1.11x |
| MP | 16.0 | 0.6 | 25.20 | 99 (2025-09-19) E | 90.03% | 3.75% | 1.09x |