Recommendation: NO
Current Price: $27.67
Total Wheels: 2
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 |
|---|---|---|---|---|---|---|---|
| CCL | 27.5 | 0.47 | 27.67 | 8 (2026-08-21) | 56.02% | 1.71% | 1.35x |
| CCL | 20.0 | 0.24 | 27.67 | 13 (2026-08-28) | 92.75% | 1.20% | 1.24x |
| CCL | 27.0 | 0.83 | 27.67 | 23 (2026-09-11) | 61.50% | 3.07% | 1.23x |
| CCL | 27.0 | 0.99 | 27.67 | 28 (2026-09-18) | 60.65% | 3.67% | 1.22x |
| CCL | 27.0 | 1.58 | 27.67 | 48 (2026-10-16) | 59.29% | 5.85% | 1.20x |
| CCL | 26.5 | 0.19 | 27.67 | 8 (2026-08-21) | 78.77% | 0.72% | 1.19x |
| CCL | 26.0 | 1.17 | 27.67 | 48 (2026-10-16) | 67.23% | 4.50% | 1.17x |
| CCL | 26.0 | 0.62 | 27.67 | 28 (2026-09-18) | 71.94% | 2.38% | 1.17x |
| CCL | 27.0 | 2.38 | 27.67 | 93 (2026-12-18) | 59.23% | 8.81% | 1.15x |
| CCL | 25.0 | 0.85 | 27.67 | 48 (2026-10-16) | 74.44% | 3.40% | 1.14x |
| CCL | 26.0 | 1.92 | 27.67 | 93 (2026-12-18) | 64.90% | 7.38% | 1.14x |
| CCL | 25.0 | 1.55 | 27.67 | 93 (2026-12-18) | 70.26% | 6.20% | 1.12x |
| CCL | 24.0 | 0.62 | 27.67 | 48 (2026-10-16) | 80.48% | 2.58% | 1.11x |
| CCL | 25.0 | 0.37 | 27.67 | 28 (2026-09-18) | 81.39% | 1.48% | 1.11x |
| CCL | 23.5 | 0.05 | 27.67 | 3 (2026-08-14) | 95.52% | 0.21% | 1.11x |
| CCL | 21.0 | 0.53 | 27.67 | 93 (2026-12-18) | 87.58% | 2.52% | 1.06x |
| CCL | 24.5 | 0.03 | 27.67 | 3 (2026-08-14) | 96.03% | 0.12% | 1.06x |
| CCL | 23.0 | 0.1 | 27.67 | 18 (2026-09-04) | 92.00% | 0.43% | 1.06x |
| CCL | 26.5 | 0.03 | 27.67 | 3 (2026-08-14) | 91.53% | 0.11% | 1.05x |
| CCL | 23.0 | 0.11 | 27.67 | 28 (2026-09-18) | 93.25% | 0.48% | 1.04x |
| CCL | 18.0 | 0.06 | 27.67 | 28 (2026-09-18) | 97.78% | 0.33% | 1.03x |
| CCL | 22.0 | 0.03 | 27.67 | 13 (2026-08-28) | 97.76% | 0.14% | 1.03x |
| CCL | 24.0 | 0.02 | 27.67 | 8 (2026-08-21) | 97.34% | 0.08% | 1.03x |
| CCL | 23.0 | 0.01 | 27.67 | 3 (2026-08-14) | 98.67% | 0.04% | 1.02x |
| CCL | 22.0 | 0.03 | 27.67 | 18 (2026-09-04) | 97.46% | 0.14% | 1.02x |