Recommendation: HV
Current Price: $61.26
Total Wheels: 5
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 | 61.0 | 2.29 | 61.26 | 5 (2026-02-13) | 53.74% | 3.75% | 2.74x |
| MP | 60.0 | 1.84 | 61.26 | 5 (2026-02-13) | 60.23% | 3.07% | 2.52x |
| MP | 59.0 | 1.45 | 61.26 | 5 (2026-02-13) | 66.47% | 2.46% | 2.26x |
| MP | 61.0 | 3.1 | 61.26 | 10 (2026-02-20) | 54.00% | 5.08% | 1.98x |
| MP | 58.0 | 1.09 | 61.26 | 5 (2026-02-13) | 72.51% | 1.88% | 1.98x |
| MP | 60.0 | 2.61 | 61.26 | 10 (2026-02-20) | 58.91% | 4.35% | 1.89x |
| MP | 59.0 | 2.24 | 61.26 | 10 (2026-02-20) | 63.56% | 3.80% | 1.82x |
| MP | 59.0 | 3.45 | 61.26 | 15 (2026-02-27) | 61.64% | 5.85% | 1.81x |
| MP | 58.0 | 3.0 | 61.26 | 15 (2026-02-27) | 65.14% | 5.17% | 1.74x |
| MP | 58.0 | 1.83 | 61.26 | 10 (2026-02-20) | 68.25% | 3.16% | 1.71x |
| MP | 56.0 | 2.26 | 61.26 | 15 (2026-02-27) | 71.62% | 4.04% | 1.61x |
| MP | 57.0 | 1.47 | 61.26 | 10 (2026-02-20) | 72.79% | 2.58% | 1.60x |
| MP | 56.0 | 0.62 | 61.26 | 5 (2026-02-13) | 82.50% | 1.11% | 1.58x |
| MP | 60.0 | 5.4 | 61.26 | 30 (2026-03-20) | 58.38% | 9.00% | 1.54x |
| MP | 55.0 | 1.0 | 61.26 | 10 (2026-02-20) | 80.62% | 1.82% | 1.44x |
| MP | 55.0 | 3.2 | 61.26 | 30 (2026-03-20) | 71.13% | 5.82% | 1.41x |
| MP | 53.0 | 1.34 | 61.26 | 15 (2026-02-27) | 80.73% | 2.53% | 1.40x |
| MP | 60.0 | 6.85 | 61.26 | 50 (2026-04-17) | 58.98% | 11.42% | 1.39x |
| MP | 55.0 | 4.45 | 61.26 | 50 (2026-04-17) | 69.37% | 8.09% | 1.32x |
| MP | 55.0 | 5.6 | 61.26 | 70 (2026-05-15) | 68.57% | 10.18% | 1.27x |
| MP | 50.0 | 1.69 | 61.26 | 30 (2026-03-20) | 82.30% | 3.38% | 1.26x |
| MP | 55.0 | 6.8 | 61.26 | 94 (2026-06-18) | 68.18% | 12.36% | 1.24x |
| MP | 50.0 | 2.46 | 61.26 | 50 (2026-04-17) | 79.63% | 4.92% | 1.21x |
| MP | 50.0 | 3.55 | 61.26 | 70 (2026-05-15) | 77.23% | 7.10% | 1.21x |
| MP | 48.0 | 1.23 | 61.26 | 30 (2026-03-20) | 86.17% | 2.56% | 1.20x |
| MP | 60.0 | 11.8 | 61.26 | 160 (2026-09-18) | 62.17% | 19.67% | 1.20x |
| MP | 50.0 | 4.6 | 61.26 | 94 (2026-06-18) | 75.77% | 9.20% | 1.20x |
| MP | 47.0 | 1.06 | 61.26 | 30 (2026-03-20) | 87.81% | 2.26% | 1.18x |
| MP | 47.0 | 2.47 | 61.26 | 70 (2026-05-15) | 82.37% | 5.26% | 1.16x |
| MP | 50.0 | 6.55 | 61.26 | 160 (2026-09-18) | 74.49% | 13.10% | 1.16x |
| MP | 45.0 | 2.1 | 61.26 | 70 (2026-05-15) | 84.80% | 4.67% | 1.15x |
| MP | 45.0 | 0.74 | 61.26 | 30 (2026-03-20) | 90.91% | 1.64% | 1.13x |
| MP | 45.0 | 4.5 | 61.26 | 160 (2026-09-18) | 80.61% | 10.00% | 1.13x |