Recommendation: NO
Current Price: $25.20
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 | 25.0 | 0.75 | 25.20 | 6 (2026-05-22) | 55.49% | 3.00% | 2.00x |
| CCL | 24.5 | 0.52 | 25.20 | 6 (2026-05-22) | 64.87% | 2.12% | 1.78x |
| CCL | 25.0 | 1.03 | 25.20 | 11 (2026-05-29) | 55.16% | 4.12% | 1.67x |
| CCL | 24.0 | 0.35 | 25.20 | 6 (2026-05-22) | 73.69% | 1.46% | 1.57x |
| CCL | 24.0 | 0.55 | 25.20 | 11 (2026-05-29) | 69.60% | 2.29% | 1.44x |
| CCL | 25.0 | 1.34 | 25.20 | 21 (2026-06-12) | 55.22% | 5.36% | 1.42x |
| CCL | 24.0 | 0.79 | 25.20 | 16 (2026-06-05) | 66.89% | 3.29% | 1.41x |
| CCL | 25.0 | 1.93 | 25.20 | 31 (2026-06-26) | 55.78% | 7.72% | 1.41x |
| CCL | 25.0 | 1.51 | 25.20 | 25 (2026-06-18) | 55.34% | 6.04% | 1.39x |
| CCL | 23.5 | 0.22 | 25.20 | 6 (2026-05-22) | 81.29% | 0.94% | 1.37x |
| CCL | 23.0 | 0.59 | 25.20 | 16 (2026-06-05) | 75.48% | 2.57% | 1.35x |
| CCL | 24.0 | 1.06 | 25.20 | 25 (2026-06-18) | 65.03% | 4.42% | 1.33x |
| CCL | 24.0 | 0.85 | 25.20 | 21 (2026-06-12) | 66.33% | 3.54% | 1.32x |
| CCL | 23.0 | 0.33 | 25.20 | 11 (2026-05-29) | 80.46% | 1.43% | 1.30x |
| CCL | 25.0 | 0.21 | 25.20 | 1 (2026-05-15) | 61.20% | 0.84% | 1.29x |
| CCL | 25.0 | 2.07 | 25.20 | 46 (2026-07-17) | 56.02% | 8.28% | 1.28x |
| CCL | 23.0 | 0.15 | 25.20 | 6 (2026-05-22) | 86.81% | 0.65% | 1.27x |
| CCL | 23.0 | 0.73 | 25.20 | 25 (2026-06-18) | 73.74% | 3.17% | 1.26x |
| CCL | 24.0 | 1.6 | 25.20 | 46 (2026-07-17) | 63.18% | 6.67% | 1.25x |
| CCL | 21.0 | 0.68 | 25.20 | 31 (2026-06-26) | 81.42% | 3.24% | 1.24x |
| CCL | 23.0 | 1.29 | 25.20 | 46 (2026-07-17) | 69.67% | 5.61% | 1.23x |
| CCL | 22.0 | 0.41 | 25.20 | 21 (2026-06-12) | 82.53% | 1.86% | 1.20x |
| CCL | 22.0 | 0.3 | 25.20 | 16 (2026-06-05) | 84.11% | 1.36% | 1.20x |
| CCL | 22.0 | 0.96 | 25.20 | 46 (2026-07-17) | 75.78% | 4.36% | 1.20x |
| CCL | 22.0 | 0.48 | 25.20 | 25 (2026-06-18) | 81.27% | 2.18% | 1.19x |
| CCL | 25.0 | 2.83 | 25.20 | 91 (2026-09-18) | 57.30% | 11.32% | 1.19x |
| CCL | 22.5 | 0.1 | 25.20 | 6 (2026-05-22) | 92.74% | 0.44% | 1.19x |
| CCL | 24.0 | 2.4 | 25.20 | 91 (2026-09-18) | 62.58% | 10.00% | 1.18x |
| CCL | 23.0 | 1.94 | 25.20 | 91 (2026-09-18) | 67.69% | 8.43% | 1.17x |
| CCL | 24.5 | 0.09 | 25.20 | 1 (2026-05-15) | 81.01% | 0.37% | 1.16x |
| CCL | 21.0 | 0.71 | 25.20 | 46 (2026-07-17) | 81.12% | 3.38% | 1.16x |
| CCL | 22.0 | 1.58 | 25.20 | 91 (2026-09-18) | 72.55% | 7.18% | 1.15x |
| CCL | 21.0 | 0.21 | 25.20 | 16 (2026-06-05) | 89.50% | 1.00% | 1.15x |
| CCL | 20.0 | 0.07 | 25.20 | 6 (2026-05-22) | 95.46% | 0.35% | 1.15x |
| CCL | 21.0 | 0.25 | 25.20 | 21 (2026-06-12) | 88.44% | 1.19% | 1.13x |
| CCL | 22.0 | 0.07 | 25.20 | 6 (2026-05-22) | 93.50% | 0.32% | 1.13x |
| CCL | 20.0 | 0.52 | 25.20 | 46 (2026-07-17) | 85.57% | 2.60% | 1.13x |
| CCL | 20.0 | 1.05 | 25.20 | 91 (2026-09-18) | 80.79% | 5.25% | 1.12x |
| CCL | 18.0 | 0.04 | 25.20 | 1 (2026-05-15) | 97.73% | 0.22% | 1.12x |
| CCL | 19.0 | 0.39 | 25.20 | 46 (2026-07-17) | 88.90% | 2.05% | 1.10x |
| CCL | 18.0 | 0.73 | 25.20 | 91 (2026-09-18) | 86.70% | 4.06% | 1.10x |
| CCL | 20.0 | 0.2 | 25.20 | 25 (2026-06-18) | 91.18% | 1.00% | 1.10x |
| CCL | 21.0 | 0.08 | 25.20 | 11 (2026-05-29) | 94.03% | 0.38% | 1.09x |
| CCL | 18.0 | 0.29 | 25.20 | 46 (2026-07-17) | 91.68% | 1.61% | 1.08x |
| CCL | 17.0 | 0.1 | 25.20 | 21 (2026-06-12) | 96.89% | 0.59% | 1.07x |
| CCL | 20.0 | 0.06 | 25.20 | 11 (2026-05-29) | 95.86% | 0.30% | 1.07x |
| CCL | 19.0 | 0.05 | 25.20 | 11 (2026-05-29) | 97.07% | 0.26% | 1.06x |
| CCL | 24.0 | 0.02 | 25.20 | 1 (2026-05-15) | 93.43% | 0.08% | 1.04x |
| CCL | 15.0 | 0.11 | 25.20 | 46 (2026-07-17) | 96.84% | 0.73% | 1.04x |
| CCL | 13.0 | 0.18 | 25.20 | 91 (2026-09-18) | 96.36% | 1.38% | 1.04x |
| CCL | 19.0 | 0.01 | 25.20 | 1 (2026-05-15) | 99.42% | 0.05% | 1.03x |
| CCL | 23.0 | 0.01 | 25.20 | 1 (2026-05-15) | 97.04% | 0.04% | 1.02x |