Recommendation: NO
Current Price: $2.36
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 | 1.0 | 0.02 | 2.36 | 4 (2025-05-09) E | 97.28% | 2.00% | 2.64x |
| LCID | 2.0 | 0.03 | 2.36 | 4 (2025-05-09) E | 86.31% | 1.50% | 1.91x |
| LCID | 1.0 | 0.06 | 2.36 | 34 (2025-06-20) E | 94.05% | 6.00% | 1.50x |
| LCID | 2.0 | 0.05 | 2.36 | 14 (2025-05-23) E | 82.47% | 2.50% | 1.44x |
| LCID | 2.0 | 0.07 | 2.36 | 19 (2025-05-30) E | 79.74% | 3.50% | 1.44x |
| LCID | 2.0 | 0.03 | 2.36 | 9 (2025-05-16) E | 85.34% | 1.50% | 1.43x |
| LCID | 1.5 | 0.02 | 2.36 | 9 (2025-05-16) E | 94.31% | 1.33% | 1.42x |
| LCID | 1.5 | 0.01 | 2.36 | 4 (2025-05-09) E | 96.88% | 0.67% | 1.38x |
| LCID | 2.0 | 0.07 | 2.36 | 24 (2025-06-06) E | 79.86% | 3.50% | 1.34x |
| LCID | 2.0 | 0.1 | 2.36 | 34 (2025-06-20) E | 76.57% | 5.00% | 1.32x |
| LCID | 1.0 | 0.01 | 2.36 | 9 (2025-05-16) E | 97.70% | 1.00% | 1.31x |
| LCID | 2.0 | 0.08 | 2.36 | 29 (2025-06-13) E | 79.04% | 4.00% | 1.31x |
| LCID | 2.0 | 0.15 | 2.36 | 54 (2025-07-18) E | 74.41% | 7.50% | 1.29x |
| LCID | 2.0 | 0.2 | 2.36 | 74 (2025-08-15) E | 72.84% | 10.00% | 1.27x |
| LCID | 1.0 | 0.05 | 2.36 | 54 (2025-07-18) E | 94.41% | 5.00% | 1.24x |
| LCID | 2.0 | 0.32 | 2.36 | 144 (2025-11-21) E | 71.99% | 16.00% | 1.21x |
| LCID | 1.5 | 0.02 | 2.36 | 19 (2025-05-30) E | 94.23% | 1.33% | 1.18x |
| LCID | 1.5 | 0.16 | 2.36 | 144 (2025-11-21) E | 84.98% | 10.67% | 1.16x |
| LCID | 1.5 | 0.07 | 2.36 | 74 (2025-08-15) E | 88.95% | 4.67% | 1.15x |
| LCID | 1.0 | 0.06 | 2.36 | 144 (2025-11-21) E | 93.82% | 6.00% | 1.10x |