Recommendation: NO
Current Price: $8.86
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 | 6.5 | 1.01 | 8.86 | 23 (2026-03-06) | 78.81% | 15.54% | 3.55x |
| QS | 8.5 | 0.5 | 8.86 | 8 (2026-02-13) | 62.47% | 5.88% | 3.12x |
| QS | 8.0 | 0.37 | 8.86 | 8 (2026-02-13) | 72.08% | 4.62% | 2.81x |
| QS | 8.5 | 0.7 | 8.86 | 13 (2026-02-20) | 61.42% | 8.24% | 2.60x |
| QS | 8.0 | 0.48 | 8.86 | 13 (2026-02-20) | 70.34% | 6.00% | 2.23x |
| QS | 8.5 | 0.2 | 8.86 | 3 (2026-02-06) | 66.40% | 2.35% | 2.18x |
| QS | 7.5 | 0.3 | 8.86 | 13 (2026-02-20) | 79.56% | 4.00% | 1.84x |
| QS | 8.0 | 0.1 | 8.86 | 3 (2026-02-06) | 83.11% | 1.25% | 1.68x |
| QS | 8.0 | 0.7 | 8.86 | 33 (2026-03-20) | 68.36% | 8.75% | 1.56x |
| QS | 7.0 | 0.11 | 8.86 | 8 (2026-02-13) | 88.67% | 1.57% | 1.55x |
| QS | 7.5 | 0.25 | 8.86 | 18 (2026-02-27) | 80.01% | 3.33% | 1.45x |
| QS | 8.0 | 1.15 | 8.86 | 73 (2026-05-15) | 67.59% | 14.37% | 1.38x |
| QS | 7.0 | 0.37 | 8.86 | 33 (2026-03-20) | 80.89% | 5.29% | 1.38x |
| QS | 6.5 | 0.07 | 8.86 | 8 (2026-02-13) | 92.73% | 1.08% | 1.37x |
| QS | 7.0 | 0.7 | 8.86 | 73 (2026-05-15) | 77.35% | 10.00% | 1.29x |
| QS | 7.0 | 1.2 | 8.86 | 143 (2026-08-21) | 75.64% | 17.14% | 1.24x |
| QS | 6.0 | 0.36 | 8.86 | 73 (2026-05-15) | 86.07% | 6.00% | 1.19x |
| QS | 7.0 | 1.62 | 8.86 | 248 (2027-01-15) | 75.92% | 23.14% | 1.18x |
| QS | 6.0 | 0.68 | 8.86 | 143 (2026-08-21) | 82.89% | 11.33% | 1.17x |
| QS | 6.0 | 0.13 | 8.86 | 33 (2026-03-20) | 91.48% | 2.17% | 1.16x |
| QS | 7.0 | 0.02 | 8.86 | 3 (2026-02-06) | 95.86% | 0.29% | 1.15x |
| QS | 5.0 | 0.76 | 8.86 | 248 (2027-01-15) | 86.68% | 15.20% | 1.13x |
| QS | 5.0 | 0.39 | 8.86 | 143 (2026-08-21) | 89.17% | 7.80% | 1.13x |
| QS | 5.0 | 0.18 | 8.86 | 73 (2026-05-15) | 92.44% | 3.60% | 1.12x |
| QS | 4.0 | 0.41 | 8.86 | 248 (2027-01-15) | 91.65% | 10.25% | 1.10x |
| QS | 4.0 | 0.09 | 8.86 | 73 (2026-05-15) | 96.10% | 2.25% | 1.08x |
| QS | 3.0 | 0.05 | 8.86 | 73 (2026-05-15) | 97.93% | 1.67% | 1.06x |
| QS | 3.0 | 0.07 | 8.86 | 143 (2026-08-21) | 97.59% | 2.33% | 1.04x |