Recommendation: NO
Current Price: $348.00
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 | 345.0 | 7.85 | 348.00 | 10 (2026-02-20) | 56.60% | 2.28% | 1.38x |
| RCL | 335.0 | 4.5 | 348.00 | 10 (2026-02-20) | 71.73% | 1.34% | 1.27x |
| RCL | 330.0 | 3.4 | 348.00 | 10 (2026-02-20) | 77.72% | 1.03% | 1.22x |
| RCL | 330.0 | 10.4 | 348.00 | 30 (2026-03-20) | 68.09% | 3.15% | 1.20x |
| RCL | 330.0 | 15.1 | 348.00 | 50 (2026-04-17) | 65.66% | 4.58% | 1.16x |
| RCL | 320.0 | 11.75 | 348.00 | 50 (2026-04-17) | 71.73% | 3.67% | 1.14x |
| RCL | 320.0 | 34.9 | 348.00 | 225 (2026-12-18) | 66.60% | 10.91% | 1.08x |
| RCL | 290.0 | 18.35 | 348.00 | 160 (2026-09-18) | 76.81% | 6.33% | 1.08x |
| RCL | 300.0 | 26.7 | 348.00 | 225 (2026-12-18) | 72.63% | 8.90% | 1.07x |
| RCL | 260.0 | 1.25 | 348.00 | 30 (2026-03-20) | 95.52% | 0.48% | 1.04x |