Recommendation: NO
Current Price: $2.16
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 | 0.5 | 0.04 | 2.16 | 19 (2025-07-18) | 97.15% | 8.00% | 2.70x |
| LCID | 1.0 | 0.01 | 2.16 | 4 (2025-06-27) | 98.45% | 1.00% | 1.64x |
| LCID | 0.5 | 0.04 | 2.16 | 39 (2025-08-15) E | 97.14% | 8.00% | 1.62x |
| LCID | 2.0 | 0.09 | 2.16 | 19 (2025-07-18) | 68.91% | 4.50% | 1.50x |
| LCID | 2.0 | 0.06 | 2.16 | 14 (2025-07-11) | 71.97% | 3.00% | 1.47x |
| LCID | 2.0 | 0.18 | 2.16 | 39 (2025-08-15) E | 65.83% | 9.00% | 1.45x |
| LCID | 2.0 | 0.13 | 2.16 | 29 (2025-08-01) | 67.08% | 6.50% | 1.45x |
| LCID | 2.0 | 0.03 | 2.16 | 8 (2025-07-03) | 78.63% | 1.50% | 1.45x |
| LCID | 2.0 | 0.1 | 2.16 | 24 (2025-07-25) | 71.38% | 5.00% | 1.45x |
| LCID | 1.0 | 0.02 | 2.16 | 14 (2025-07-11) | 96.55% | 2.00% | 1.41x |
| LCID | 1.5 | 0.01 | 2.16 | 4 (2025-06-27) | 95.61% | 0.67% | 1.38x |
| LCID | 1.0 | 0.01 | 2.16 | 8 (2025-07-03) | 97.10% | 1.00% | 1.36x |
| LCID | 1.0 | 0.02 | 2.16 | 19 (2025-07-18) | 96.36% | 2.00% | 1.29x |
| LCID | 2.0 | 0.35 | 2.16 | 109 (2025-11-21) E | 66.07% | 17.50% | 1.29x |
| LCID | 2.0 | 0.37 | 2.16 | 129 (2025-12-19) E | 66.29% | 18.50% | 1.25x |
| LCID | 2.0 | 0.01 | 2.16 | 4 (2025-06-27) | 88.70% | 0.50% | 1.25x |
| LCID | 2.0 | 0.42 | 2.16 | 149 (2026-01-16) E | 66.94% | 21.00% | 1.25x |
| LCID | 1.5 | 0.06 | 2.16 | 39 (2025-08-15) E | 87.42% | 4.00% | 1.25x |
| LCID | 1.0 | 0.02 | 2.16 | 24 (2025-07-25) | 96.74% | 2.00% | 1.22x |
| LCID | 1.5 | 0.16 | 2.16 | 109 (2025-11-21) E | 82.28% | 10.67% | 1.21x |
| LCID | 1.5 | 0.2 | 2.16 | 149 (2026-01-16) E | 81.99% | 13.33% | 1.19x |
| LCID | 1.0 | 0.09 | 2.16 | 149 (2026-01-16) E | 91.74% | 9.00% | 1.14x |
| LCID | 1.5 | 0.02 | 2.16 | 24 (2025-07-25) | 92.55% | 1.33% | 1.14x |
| LCID | 1.5 | 0.01 | 2.16 | 14 (2025-07-11) | 94.67% | 0.67% | 1.12x |
| LCID | 1.0 | 0.06 | 2.16 | 129 (2025-12-19) E | 93.13% | 6.00% | 1.11x |
| LCID | 0.5 | 0.03 | 2.16 | 149 (2026-01-16) E | 97.55% | 6.00% | 1.10x |
| LCID | 1.5 | 0.01 | 2.16 | 19 (2025-07-18) | 96.52% | 0.67% | 1.09x |