Recommendation: NO
Current Price: $5.96
Total Wheels: 26
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 |
|---|---|---|---|---|---|---|---|
| QS | 5.5 | 0.12 | 5.96 | 9 (2026-04-10) | 75.49% | 2.18% | 1.58x |
| QS | 5.5 | 0.2 | 5.96 | 14 (2026-04-17) | 70.24% | 3.64% | 1.57x |
| QS | 5.0 | 0.15 | 5.96 | 19 (2026-04-24) | 81.65% | 3.00% | 1.38x |
| QS | 5.0 | 0.26 | 5.96 | 34 (2026-05-15) | 77.50% | 5.20% | 1.34x |
| QS | 5.0 | 0.09 | 5.96 | 14 (2026-04-17) | 85.32% | 1.80% | 1.32x |
| QS | 5.5 | 0.03 | 5.96 | 3 (2026-04-02) | 87.91% | 0.55% | 1.27x |
| QS | 5.0 | 0.64 | 5.96 | 104 (2026-08-21) | 72.88% | 12.80% | 1.24x |
| QS | 5.0 | 0.01 | 5.96 | 3 (2026-04-02) | 96.57% | 0.20% | 1.10x |
| QS | 1.0 | 0.05 | 5.96 | 209 (2027-01-15) | 98.55% | 5.00% | 1.06x |
| QS | 2.0 | 0.1 | 5.96 | 209 (2027-01-15) | 97.14% | 5.00% | 1.06x |
| QS | 3.0 | 0.02 | 5.96 | 34 (2026-05-15) | 97.68% | 0.67% | 1.05x |