Recommendation: NO
Current Price: $273.68
Total Wheels: 1
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 |
|---|---|---|---|---|---|---|---|
| RCL | 272.5 | 4.35 | 273.68 | 4 (2025-06-27) | 54.80% | 1.60% | 1.55x |
| RCL | 270.0 | 3.5 | 273.68 | 4 (2025-06-27) | 62.31% | 1.30% | 1.50x |
| RCL | 270.0 | 5.65 | 273.68 | 8 (2025-07-03) | 59.34% | 2.09% | 1.48x |
| RCL | 267.5 | 5.15 | 273.68 | 8 (2025-07-03) | 63.77% | 1.93% | 1.47x |
| RCL | 272.5 | 6.08 | 273.68 | 8 (2025-07-03) | 54.17% | 2.23% | 1.46x |
| RCL | 267.5 | 2.73 | 273.68 | 4 (2025-06-27) | 68.97% | 1.02% | 1.42x |
| RCL | 265.0 | 6.55 | 273.68 | 14 (2025-07-11) | 65.04% | 2.47% | 1.33x |
| RCL | 265.0 | 2.0 | 273.68 | 4 (2025-06-27) | 75.29% | 0.75% | 1.33x |
| RCL | 262.5 | 3.01 | 273.68 | 8 (2025-07-03) | 74.17% | 1.15% | 1.31x |
| RCL | 265.0 | 3.1 | 273.68 | 8 (2025-07-03) | 71.39% | 1.17% | 1.30x |
| RCL | 262.5 | 1.7 | 273.68 | 4 (2025-06-27) | 79.62% | 0.65% | 1.30x |
| RCL | 270.0 | 8.1 | 273.68 | 19 (2025-07-18) | 57.91% | 3.00% | 1.26x |
| RCL | 260.0 | 2.24 | 273.68 | 8 (2025-07-03) | 78.98% | 0.86% | 1.24x |
| RCL | 260.0 | 1.3 | 273.68 | 4 (2025-06-27) | 83.97% | 0.50% | 1.24x |
| RCL | 270.0 | 14.8 | 273.68 | 39 (2025-08-15) E | 56.82% | 5.48% | 1.22x |
| RCL | 260.0 | 11.2 | 273.68 | 39 (2025-08-15) E | 65.65% | 4.31% | 1.20x |
| RCL | 260.0 | 4.77 | 273.68 | 19 (2025-07-18) | 72.13% | 1.83% | 1.19x |
| RCL | 257.5 | 0.99 | 273.68 | 4 (2025-06-27) | 87.15% | 0.38% | 1.18x |
| RCL | 250.0 | 1.5 | 273.68 | 8 (2025-07-03) | 87.33% | 0.60% | 1.18x |
| RCL | 255.0 | 1.4 | 273.68 | 8 (2025-07-03) | 85.94% | 0.55% | 1.16x |
| RCL | 255.0 | 0.8 | 273.68 | 4 (2025-06-27) | 89.71% | 0.31% | 1.15x |
| RCL | 240.0 | 2.16 | 273.68 | 14 (2025-07-11) | 87.52% | 0.90% | 1.15x |
| RCL | 252.5 | 0.78 | 273.68 | 4 (2025-06-27) | 90.56% | 0.31% | 1.15x |
| RCL | 260.0 | 14.4 | 273.68 | 64 (2025-09-19) E | 64.40% | 5.54% | 1.15x |
| RCL | 240.0 | 5.8 | 273.68 | 39 (2025-08-15) E | 80.01% | 2.42% | 1.13x |
| RCL | 250.0 | 2.82 | 273.68 | 19 (2025-07-18) | 82.42% | 1.13% | 1.13x |
| RCL | 250.0 | 10.44 | 273.68 | 64 (2025-09-19) E | 71.62% | 4.18% | 1.12x |
| RCL | 240.0 | 8.0 | 273.68 | 64 (2025-09-19) E | 77.51% | 3.33% | 1.11x |
| RCL | 250.0 | 0.5 | 273.68 | 4 (2025-06-27) | 93.42% | 0.20% | 1.10x |
| RCL | 220.0 | 2.35 | 273.68 | 29 (2025-08-01) E | 90.52% | 1.07% | 1.09x |
| RCL | 230.0 | 12.4 | 273.68 | 129 (2025-12-19) E | 77.29% | 5.39% | 1.08x |
| RCL | 210.0 | 10.75 | 273.68 | 149 (2026-01-16) E | 82.60% | 5.12% | 1.07x |
| RCL | 230.0 | 1.0 | 273.68 | 19 (2025-07-18) | 93.44% | 0.43% | 1.06x |
| RCL | 190.0 | 1.34 | 273.68 | 39 (2025-08-15) E | 95.37% | 0.71% | 1.04x |