Recommendation: NO
Current Price: $326.29
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 | 320.0 | 13.65 | 326.29 | 34 (2026-03-20) | 58.78% | 4.27% | 1.20x |
| RCL | 310.0 | 10.15 | 326.29 | 34 (2026-03-20) | 67.45% | 3.27% | 1.18x |
| RCL | 300.0 | 11.5 | 326.29 | 54 (2026-04-17) | 71.44% | 3.83% | 1.13x |
| RCL | 300.0 | 6.7 | 326.29 | 34 (2026-03-20) | 75.81% | 2.23% | 1.13x |
| RCL | 290.0 | 8.55 | 326.29 | 54 (2026-04-17) | 77.28% | 2.95% | 1.11x |
| RCL | 300.0 | 17.65 | 326.29 | 98 (2026-06-18) | 68.67% | 5.88% | 1.11x |
| RCL | 280.0 | 11.8 | 326.29 | 98 (2026-06-18) | 77.55% | 4.21% | 1.09x |
| RCL | 280.0 | 3.6 | 326.29 | 34 (2026-03-20) | 86.39% | 1.29% | 1.09x |
| RCL | 270.0 | 9.6 | 326.29 | 98 (2026-06-18) | 81.21% | 3.56% | 1.08x |
| RCL | 270.0 | 1.51 | 326.29 | 24 (2026-03-06) | 92.79% | 0.56% | 1.06x |
| RCL | 307.5 | 0.15 | 326.29 | 4 (2026-02-06) | 96.45% | 0.05% | 1.02x |