Recommendation: NO
Current Price: $8.47
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 | 8.0 | 0.33 | 8.47 | 6 (2026-02-13) | 66.75% | 4.13% | 3.13x |
| QS | 8.0 | 0.43 | 8.47 | 11 (2026-02-20) | 65.31% | 5.37% | 2.20x |
| QS | 8.0 | 0.54 | 8.47 | 16 (2026-02-27) | 64.27% | 6.75% | 1.95x |
| QS | 8.0 | 0.72 | 8.47 | 31 (2026-03-20) | 63.51% | 9.00% | 1.57x |
| QS | 6.0 | 0.05 | 8.47 | 6 (2026-02-13) | 94.66% | 0.83% | 1.39x |
| QS | 8.0 | 1.2 | 8.47 | 71 (2026-05-15) | 63.90% | 15.00% | 1.38x |
| QS | 7.0 | 0.35 | 8.47 | 31 (2026-03-20) | 78.67% | 5.00% | 1.37x |
| QS | 7.0 | 0.72 | 8.47 | 71 (2026-05-15) | 74.51% | 10.29% | 1.30x |
| QS | 7.0 | 1.71 | 8.47 | 246 (2027-01-15) | 74.12% | 24.43% | 1.19x |
| QS | 5.0 | 0.03 | 8.47 | 11 (2026-02-20) | 97.24% | 0.60% | 1.14x |
| QS | 5.0 | 0.4 | 8.47 | 141 (2026-08-21) | 88.54% | 8.00% | 1.13x |
| QS | 3.0 | 0.54 | 8.47 | 511 (2028-01-21) | 93.08% | 18.00% | 1.08x |
| QS | 3.0 | 0.05 | 8.47 | 71 (2026-05-15) | 97.86% | 1.67% | 1.06x |