Recommendation: NO
Current Price: $4.91
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 | 3.5 | 0.18 | 4.91 | 20 (2026-10-23) | 85.17% | 5.14% | 1.72x |
| QS | 4.5 | 0.03 | 4.91 | 5 (2026-10-02) | 86.49% | 0.67% | 1.34x |
| QS | 4.0 | 0.14 | 4.91 | 25 (2026-10-30) | 82.10% | 3.50% | 1.33x |
| QS | 4.0 | 0.02 | 4.91 | 5 (2026-10-02) | 92.99% | 0.50% | 1.26x |
| QS | 3.5 | 0.03 | 4.91 | 10 (2026-10-09) | 94.20% | 0.86% | 1.22x |
| QS | 4.0 | 0.15 | 4.91 | 40 (2026-11-20) | 81.45% | 3.75% | 1.21x |
| QS | 4.0 | 0.03 | 4.91 | 15 (2026-10-16) | 91.56% | 0.75% | 1.12x |
| QS | 3.0 | 0.14 | 4.91 | 105 (2027-02-19) | 89.78% | 4.67% | 1.10x |
| QS | 2.0 | 0.19 | 4.91 | 345 (2028-01-21) | 93.18% | 9.50% | 1.06x |
| QS | 2.0 | 0.03 | 4.91 | 80 (2027-01-15) | 97.52% | 1.50% | 1.05x |
| QS | 1.0 | 0.03 | 4.91 | 345 (2028-01-21) | 98.65% | 3.00% | 1.02x |