Recommendation: HV
Current Price: $10.59
Total Wheels: 4
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 |
|---|---|---|---|---|---|---|---|
| FVRR | 5.0 | 2.2 | 10.59 | 138 (2026-11-20) | 90.13% | 44.00% | 1.84x |
| FVRR | 10.0 | 0.65 | 10.59 | 48 (2026-07-17) | 64.55% | 6.50% | 1.24x |
| FVRR | 9.0 | 0.15 | 10.59 | 27 (2026-06-18) | 85.23% | 1.67% | 1.14x |
| FVRR | 8.0 | 0.5 | 10.59 | 113 (2026-10-16) | 82.13% | 6.25% | 1.12x |
| FVRR | 8.0 | 0.6 | 10.59 | 138 (2026-11-20) | 80.88% | 7.50% | 1.11x |
| FVRR | 8.0 | 0.01 | 10.59 | 3 (2026-05-15) | 97.99% | 0.13% | 1.06x |
| FVRR | 3.0 | 0.07 | 10.59 | 138 (2026-11-20) | 98.08% | 2.33% | 1.04x |