Recommendation: NO
Current Price: $4.24
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 | 4.0 | 0.08 | 4.24 | 8 (2025-07-03) | 73.04% | 2.00% | 1.58x |
| QS | 4.0 | 0.19 | 4.24 | 19 (2025-07-18) | 66.24% | 4.75% | 1.51x |
| QS | 4.0 | 0.24 | 4.24 | 24 (2025-07-25) E | 65.00% | 6.00% | 1.49x |
| QS | 4.0 | 0.11 | 4.24 | 14 (2025-07-11) | 69.71% | 2.75% | 1.41x |
| QS | 4.0 | 0.24 | 4.24 | 29 (2025-08-01) E | 65.06% | 6.00% | 1.39x |
| QS | 4.0 | 0.31 | 4.24 | 39 (2025-08-15) E | 64.06% | 7.75% | 1.37x |
| QS | 4.0 | 0.03 | 4.24 | 4 (2025-06-27) | 82.25% | 0.75% | 1.36x |
| QS | 2.0 | 0.03 | 4.24 | 14 (2025-07-11) | 96.91% | 1.50% | 1.30x |
| QS | 3.5 | 0.03 | 4.24 | 8 (2025-07-03) | 91.19% | 0.86% | 1.28x |
| QS | 3.5 | 0.12 | 4.24 | 29 (2025-08-01) E | 81.63% | 3.43% | 1.27x |
| QS | 4.0 | 0.6 | 4.24 | 109 (2025-11-21) E | 63.94% | 15.00% | 1.24x |
| QS | 4.0 | 0.7 | 4.24 | 149 (2026-01-16) E | 64.60% | 17.50% | 1.20x |
| QS | 3.0 | 0.01 | 4.24 | 4 (2025-06-27) | 96.86% | 0.33% | 1.18x |
| QS | 3.5 | 0.01 | 4.24 | 4 (2025-06-27) | 95.85% | 0.29% | 1.15x |
| QS | 3.0 | 0.21 | 4.24 | 109 (2025-11-21) E | 83.89% | 7.00% | 1.14x |
| QS | 3.0 | 0.06 | 4.24 | 39 (2025-08-15) E | 90.80% | 2.00% | 1.12x |
| QS | 2.0 | 0.05 | 4.24 | 149 (2026-01-16) E | 95.58% | 2.50% | 1.04x |