Recommendation: NO
Current Price: $10.86
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 | 10.5 | 0.28 | 10.86 | 5 (2026-02-13) | 64.82% | 2.67% | 2.37x |
| LCID | 10.0 | 0.16 | 10.86 | 5 (2026-02-13) | 78.24% | 1.60% | 1.87x |
| LCID | 10.0 | 1.08 | 10.86 | 30 (2026-03-20) | 65.99% | 10.80% | 1.78x |
| LCID | 10.0 | 0.3 | 10.86 | 10 (2026-02-20) | 72.94% | 3.00% | 1.73x |
| LCID | 10.0 | 1.84 | 10.86 | 70 (2026-05-15) | 66.58% | 18.40% | 1.52x |
| LCID | 6.0 | 0.09 | 10.86 | 10 (2026-02-20) | 95.56% | 1.50% | 1.43x |
| LCID | 8.0 | 0.69 | 10.86 | 50 (2026-04-17) | 81.11% | 8.62% | 1.41x |
| LCID | 8.5 | 0.06 | 10.86 | 5 (2026-02-13) | 93.29% | 0.71% | 1.39x |
| LCID | 10.0 | 2.28 | 10.86 | 115 (2026-07-17) | 67.75% | 22.80% | 1.37x |
| LCID | 6.0 | 0.5 | 10.86 | 70 (2026-05-15) | 89.26% | 8.33% | 1.29x |
| LCID | 8.5 | 0.09 | 10.86 | 10 (2026-02-20) | 91.33% | 1.06% | 1.27x |
| LCID | 6.0 | 0.93 | 10.86 | 140 (2026-08-21) | 87.01% | 15.50% | 1.26x |
| LCID | 8.0 | 0.03 | 10.86 | 5 (2026-02-13) | 96.11% | 0.37% | 1.20x |
| LCID | 7.5 | 0.02 | 10.86 | 5 (2026-02-13) | 97.39% | 0.27% | 1.14x |
| LCID | 5.0 | 0.01 | 10.86 | 5 (2026-02-13) | 99.42% | 0.20% | 1.11x |