Recommendation: NO
Current Price: $19.56
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 | 19.5 | 0.38 | 19.56 | 4 (2025-05-09) | 53.44% | 1.95% | 1.69x |
| CCL | 19.5 | 0.6 | 19.56 | 9 (2025-05-16) | 53.25% | 3.08% | 1.58x |
| CCL | 19.0 | 0.41 | 19.56 | 9 (2025-05-16) | 65.05% | 2.16% | 1.48x |
| CCL | 19.0 | 0.2 | 19.56 | 4 (2025-05-09) | 73.19% | 1.05% | 1.47x |
| CCL | 19.5 | 0.67 | 19.56 | 14 (2025-05-23) | 53.32% | 3.44% | 1.39x |
| CCL | 19.0 | 0.55 | 19.56 | 14 (2025-05-23) | 63.10% | 2.89% | 1.39x |
| CCL | 19.5 | 0.86 | 19.56 | 19 (2025-05-30) | 53.53% | 4.41% | 1.36x |
| CCL | 18.5 | 0.24 | 19.56 | 9 (2025-05-16) | 75.98% | 1.30% | 1.32x |
| CCL | 19.0 | 0.6 | 19.56 | 19 (2025-05-30) | 62.93% | 3.16% | 1.30x |
| CCL | 18.5 | 0.8 | 19.56 | 29 (2025-06-13) | 66.45% | 4.32% | 1.28x |
| CCL | 18.5 | 0.49 | 19.56 | 19 (2025-05-30) | 69.85% | 2.65% | 1.28x |
| CCL | 19.0 | 0.72 | 19.56 | 24 (2025-06-06) | 61.66% | 3.79% | 1.27x |
| CCL | 18.5 | 0.61 | 19.56 | 24 (2025-06-06) | 68.16% | 3.30% | 1.26x |
| CCL | 19.0 | 0.92 | 19.56 | 34 (2025-06-20) | 60.68% | 4.84% | 1.24x |
| CCL | 19.0 | 1.36 | 19.56 | 54 (2025-07-18) E | 59.86% | 7.16% | 1.22x |
| CCL | 18.0 | 0.15 | 19.56 | 9 (2025-05-16) | 84.07% | 0.83% | 1.22x |
| CCL | 18.5 | 0.08 | 19.56 | 4 (2025-05-09) | 85.92% | 0.43% | 1.21x |
| CCL | 18.0 | 0.23 | 19.56 | 14 (2025-05-23) | 80.51% | 1.28% | 1.20x |
| CCL | 18.0 | 0.63 | 19.56 | 34 (2025-06-20) | 71.89% | 3.50% | 1.20x |
| CCL | 15.5 | 0.24 | 19.56 | 19 (2025-05-30) | 88.84% | 1.55% | 1.20x |
| CCL | 18.0 | 0.31 | 19.56 | 19 (2025-05-30) | 77.85% | 1.72% | 1.19x |
| CCL | 18.0 | 0.95 | 19.56 | 54 (2025-07-18) E | 69.09% | 5.28% | 1.18x |
| CCL | 17.5 | 0.18 | 19.56 | 14 (2025-05-23) | 85.22% | 1.03% | 1.17x |
| CCL | 17.0 | 0.69 | 19.56 | 54 (2025-07-18) E | 76.70% | 4.06% | 1.15x |
| CCL | 19.0 | 1.76 | 19.56 | 99 (2025-09-19) E | 59.97% | 9.26% | 1.15x |
| CCL | 17.0 | 1.59 | 19.56 | 119 (2025-10-17) E | 71.60% | 9.35% | 1.15x |
| CCL | 19.0 | 2.03 | 19.56 | 119 (2025-10-17) E | 60.19% | 10.68% | 1.14x |
| CCL | 18.0 | 1.42 | 19.56 | 99 (2025-09-19) E | 67.11% | 7.89% | 1.14x |
| CCL | 17.0 | 0.37 | 19.56 | 34 (2025-06-20) | 81.68% | 2.18% | 1.14x |
| CCL | 18.0 | 0.05 | 19.56 | 4 (2025-05-09) | 91.74% | 0.28% | 1.14x |
| CCL | 17.0 | 0.08 | 19.56 | 9 (2025-05-16) | 91.92% | 0.47% | 1.13x |
| CCL | 17.0 | 0.22 | 19.56 | 24 (2025-06-06) | 85.51% | 1.29% | 1.12x |
| CCL | 17.5 | 0.08 | 19.56 | 9 (2025-05-16) | 90.29% | 0.46% | 1.12x |
| CCL | 17.0 | 0.17 | 19.56 | 19 (2025-05-30) | 87.22% | 1.00% | 1.12x |
| CCL | 17.0 | 1.06 | 19.56 | 99 (2025-09-19) E | 73.78% | 6.24% | 1.12x |
| CCL | 17.0 | 0.12 | 19.56 | 14 (2025-05-23) | 89.35% | 0.71% | 1.12x |
| CCL | 15.0 | 0.1 | 19.56 | 14 (2025-05-23) | 93.82% | 0.67% | 1.12x |
| CCL | 16.0 | 0.79 | 19.56 | 99 (2025-09-19) E | 79.51% | 4.94% | 1.10x |
| CCL | 16.5 | 0.17 | 19.56 | 24 (2025-06-06) | 88.72% | 1.03% | 1.10x |
| CCL | 16.5 | 0.13 | 19.56 | 19 (2025-05-30) | 90.39% | 0.79% | 1.10x |
| CCL | 15.0 | 0.61 | 19.56 | 99 (2025-09-19) E | 84.06% | 4.07% | 1.09x |
| CCL | 15.0 | 0.31 | 19.56 | 54 (2025-07-18) E | 88.37% | 2.07% | 1.09x |
| CCL | 16.5 | 0.08 | 19.56 | 14 (2025-05-23) | 92.71% | 0.48% | 1.08x |
| CCL | 16.0 | 0.13 | 19.56 | 24 (2025-06-06) | 91.56% | 0.81% | 1.08x |
| CCL | 10.0 | 0.17 | 19.56 | 54 (2025-07-18) E | 95.89% | 1.70% | 1.08x |
| CCL | 12.0 | 0.43 | 19.56 | 119 (2025-10-17) E | 91.03% | 3.58% | 1.07x |
| CCL | 14.0 | 0.22 | 19.56 | 54 (2025-07-18) E | 91.82% | 1.57% | 1.07x |
| CCL | 14.0 | 0.42 | 19.56 | 99 (2025-09-19) E | 88.33% | 3.00% | 1.07x |
| CCL | 16.5 | 0.04 | 19.56 | 9 (2025-05-16) | 95.41% | 0.24% | 1.07x |
| CCL | 15.0 | 0.14 | 19.56 | 34 (2025-06-20) | 92.68% | 0.93% | 1.07x |
| CCL | 14.0 | 0.11 | 19.56 | 34 (2025-06-20) | 94.45% | 0.79% | 1.06x |
| CCL | 10.0 | 0.27 | 19.56 | 119 (2025-10-17) E | 94.59% | 2.70% | 1.05x |
| CCL | 16.0 | 0.03 | 19.56 | 9 (2025-05-16) | 96.97% | 0.19% | 1.05x |
| CCL | 13.0 | 0.28 | 19.56 | 99 (2025-09-19) E | 91.82% | 2.15% | 1.05x |
| CCL | 12.0 | 0.06 | 19.56 | 34 (2025-06-20) | 97.27% | 0.50% | 1.04x |
| CCL | 11.0 | 0.08 | 19.56 | 54 (2025-07-18) E | 97.20% | 0.73% | 1.03x |
| CCL | 16.0 | 0.01 | 19.56 | 4 (2025-05-09) | 98.20% | 0.06% | 1.03x |
| CCL | 10.0 | 0.12 | 19.56 | 99 (2025-09-19) E | 96.72% | 1.20% | 1.03x |
| CCL | 17.0 | 0.01 | 19.56 | 4 (2025-05-09) | 98.53% | 0.06% | 1.03x |
| CCL | 17.5 | 0.01 | 19.56 | 4 (2025-05-09) | 97.58% | 0.06% | 1.03x |