Recommendation: NO
Current Price: $6.54
Total Wheels: 48
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 |
|---|---|---|---|---|---|---|---|
| LCID | 6.5 | 0.35 | 6.54 | 7 (2026-08-21) | 54.59% | 5.38% | 2.84x |
| LCID | 6.5 | 0.46 | 6.54 | 12 (2026-08-28) | 55.06% | 7.08% | 2.23x |
| LCID | 1.0 | 0.09 | 6.54 | 27 (2026-09-18) | 98.26% | 9.00% | 2.21x |
| LCID | 6.5 | 0.18 | 6.54 | 2 (2026-08-14) | 54.77% | 2.77% | 2.14x |
| LCID | 6.0 | 0.15 | 6.54 | 7 (2026-08-21) | 75.31% | 2.50% | 1.96x |
| LCID | 6.5 | 0.67 | 6.54 | 22 (2026-09-11) | 56.33% | 10.31% | 1.91x |
| LCID | 6.5 | 0.51 | 6.54 | 17 (2026-09-04) | 55.38% | 7.85% | 1.88x |
| LCID | 6.0 | 0.33 | 6.54 | 17 (2026-09-04) | 69.13% | 5.50% | 1.74x |
| LCID | 6.0 | 0.43 | 6.54 | 22 (2026-09-11) | 67.63% | 7.17% | 1.72x |
| LCID | 6.0 | 0.51 | 6.54 | 27 (2026-09-18) | 66.95% | 8.50% | 1.68x |
| LCID | 6.0 | 1.49 | 6.54 | 92 (2026-12-18) | 68.50% | 24.83% | 1.54x |
| LCID | 6.0 | 1.15 | 6.54 | 72 (2026-11-20) | 67.01% | 19.17% | 1.53x |
| LCID | 5.5 | 1.21 | 6.54 | 92 (2026-12-18) | 72.71% | 22.00% | 1.50x |
| LCID | 5.5 | 0.27 | 6.54 | 27 (2026-09-18) | 77.73% | 4.91% | 1.42x |
| LCID | 5.5 | 0.79 | 6.54 | 72 (2026-11-20) | 72.45% | 14.36% | 1.41x |
| LCID | 5.5 | 0.1 | 6.54 | 12 (2026-08-28) | 86.56% | 1.82% | 1.39x |
| LCID | 5.0 | 0.37 | 6.54 | 47 (2026-10-16) | 80.28% | 7.40% | 1.36x |
| LCID | 4.5 | 0.49 | 6.54 | 72 (2026-11-20) | 82.50% | 10.89% | 1.35x |
| LCID | 5.5 | 0.05 | 6.54 | 7 (2026-08-21) | 89.62% | 0.91% | 1.34x |
| LCID | 4.0 | 0.5 | 6.54 | 92 (2026-12-18) | 85.38% | 12.50% | 1.32x |
| LCID | 5.0 | 0.04 | 6.54 | 7 (2026-08-21) | 93.02% | 0.80% | 1.31x |
| LCID | 2.5 | 0.21 | 6.54 | 72 (2026-11-20) | 94.05% | 8.40% | 1.30x |
| LCID | 4.0 | 0.35 | 6.54 | 72 (2026-11-20) | 86.79% | 8.75% | 1.29x |
| LCID | 6.0 | 0.03 | 6.54 | 2 (2026-08-14) | 88.19% | 0.50% | 1.25x |
| LCID | 2.0 | 0.17 | 6.54 | 92 (2026-12-18) | 95.69% | 8.50% | 1.24x |
| LCID | 4.0 | 0.15 | 6.54 | 47 (2026-10-16) | 90.94% | 3.75% | 1.20x |
| LCID | 4.0 | 0.01 | 6.54 | 2 (2026-08-14) | 98.75% | 0.25% | 1.13x |
| LCID | 4.0 | 0.05 | 6.54 | 27 (2026-09-18) | 95.15% | 1.25% | 1.12x |
| LCID | 4.5 | 0.01 | 6.54 | 2 (2026-08-14) | 98.27% | 0.22% | 1.12x |
| LCID | 5.0 | 0.01 | 6.54 | 2 (2026-08-14) | 97.75% | 0.20% | 1.10x |
| LCID | 5.5 | 0.01 | 6.54 | 2 (2026-08-14) | 97.25% | 0.18% | 1.09x |
| LCID | 3.0 | 0.05 | 6.54 | 47 (2026-10-16) | 96.69% | 1.67% | 1.09x |
| LCID | 2.0 | 0.05 | 6.54 | 72 (2026-11-20) | 97.69% | 2.50% | 1.09x |
| LCID | 3.0 | 0.01 | 6.54 | 27 (2026-09-18) | 99.31% | 0.33% | 1.03x |