Recommendation: NO
Current Price: $10.36
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 | 10.0 | 0.35 | 10.36 | 8 (2026-04-02) | 63.53% | 3.50% | 2.00x |
| LCID | 10.0 | 0.53 | 10.36 | 14 (2026-04-10) | 61.55% | 5.30% | 1.78x |
| LCID | 10.0 | 0.66 | 10.36 | 19 (2026-04-17) | 60.93% | 6.60% | 1.69x |
| LCID | 9.5 | 0.2 | 10.36 | 8 (2026-04-02) | 75.66% | 2.11% | 1.65x |
| LCID | 9.5 | 0.57 | 10.36 | 24 (2026-04-24) | 68.65% | 6.00% | 1.53x |
| LCID | 9.0 | 0.33 | 10.36 | 19 (2026-04-17) | 77.52% | 3.67% | 1.45x |
| LCID | 9.0 | 0.12 | 10.36 | 8 (2026-04-02) | 85.25% | 1.33% | 1.43x |
| LCID | 7.0 | 0.36 | 10.36 | 39 (2026-05-15) | 86.92% | 5.14% | 1.33x |
| LCID | 8.0 | 0.06 | 10.36 | 8 (2026-04-02) | 93.20% | 0.75% | 1.25x |
| LCID | 2.0 | 0.07 | 10.36 | 39 (2026-05-15) | 98.54% | 3.50% | 1.24x |
| LCID | 6.0 | 0.07 | 10.36 | 14 (2026-04-10) | 95.81% | 1.17% | 1.22x |
| LCID | 2.0 | 0.15 | 10.36 | 129 (2026-09-18) | 97.82% | 7.50% | 1.15x |
| LCID | 8.0 | 0.02 | 10.36 | 4 (2026-03-27) | 96.64% | 0.25% | 1.13x |
| LCID | 7.0 | 0.02 | 10.36 | 8 (2026-04-02) | 97.66% | 0.29% | 1.09x |
| LCID | 7.5 | 0.01 | 10.36 | 4 (2026-03-27) | 98.02% | 0.13% | 1.07x |
| LCID | 3.0 | 0.03 | 10.36 | 39 (2026-05-15) | 99.01% | 1.00% | 1.07x |
| LCID | 8.5 | 0.01 | 10.36 | 4 (2026-03-27) | 98.06% | 0.12% | 1.06x |
| LCID | 4.0 | 0.01 | 10.36 | 19 (2026-04-17) | 99.27% | 0.25% | 1.03x |