Recommendation: NO
Current Price: $22.51
Total Wheels: 5
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 |
|---|---|---|---|---|---|---|---|
| NCLH | 22.5 | 0.55 | 22.51 | 4 (2026-02-06) | 51.60% | 2.44% | 1.88x |
| NCLH | 22.5 | 0.89 | 22.51 | 9 (2026-02-13) | 52.26% | 3.96% | 1.77x |
| NCLH | 22.5 | 1.2 | 22.51 | 14 (2026-02-20) | 52.98% | 5.33% | 1.65x |
| NCLH | 22.0 | 0.33 | 22.51 | 4 (2026-02-06) | 65.77% | 1.50% | 1.64x |
| NCLH | 22.0 | 0.64 | 22.51 | 9 (2026-02-13) | 61.22% | 2.91% | 1.64x |
| NCLH | 22.0 | 1.25 | 22.51 | 19 (2026-02-27) | 58.83% | 5.68% | 1.55x |
| NCLH | 22.0 | 0.86 | 22.51 | 14 (2026-02-20) | 59.85% | 3.91% | 1.52x |
| NCLH | 21.5 | 0.23 | 22.51 | 4 (2026-02-06) | 75.70% | 1.07% | 1.50x |
| NCLH | 21.5 | 0.66 | 22.51 | 14 (2026-02-20) | 66.80% | 3.07% | 1.44x |
| NCLH | 21.0 | 0.55 | 22.51 | 14 (2026-02-20) | 72.30% | 2.62% | 1.40x |
| NCLH | 21.0 | 0.7 | 22.51 | 19 (2026-02-27) | 70.45% | 3.33% | 1.36x |
| NCLH | 22.0 | 1.55 | 22.51 | 34 (2026-03-20) | 58.67% | 7.05% | 1.35x |
| NCLH | 21.0 | 1.1 | 22.51 | 34 (2026-03-20) | 67.31% | 5.24% | 1.29x |
| NCLH | 21.0 | 0.12 | 22.51 | 4 (2026-02-06) | 85.64% | 0.57% | 1.28x |
| NCLH | 20.0 | 0.79 | 22.51 | 34 (2026-03-20) | 74.93% | 3.95% | 1.24x |
| NCLH | 17.0 | 0.3 | 22.51 | 19 (2026-02-27) | 89.47% | 1.76% | 1.23x |
| NCLH | 20.0 | 0.39 | 22.51 | 19 (2026-02-27) | 80.64% | 1.95% | 1.23x |
| NCLH | 20.0 | 0.16 | 22.51 | 9 (2026-02-13) | 87.34% | 0.80% | 1.22x |
| NCLH | 21.0 | 2.07 | 22.51 | 98 (2026-06-18) | 64.98% | 9.86% | 1.17x |
| NCLH | 19.0 | 0.26 | 22.51 | 19 (2026-02-27) | 87.01% | 1.37% | 1.17x |
| NCLH | 22.0 | 2.06 | 22.51 | 98 (2026-06-18) | 59.06% | 9.36% | 1.15x |
| NCLH | 18.0 | 0.26 | 22.51 | 24 (2026-03-06) | 88.99% | 1.44% | 1.14x |
| NCLH | 19.0 | 1.29 | 22.51 | 98 (2026-06-18) | 75.43% | 6.79% | 1.14x |
| NCLH | 18.0 | 0.36 | 22.51 | 34 (2026-03-20) | 87.04% | 2.00% | 1.14x |
| NCLH | 19.5 | 0.05 | 22.51 | 4 (2026-02-06) | 94.23% | 0.26% | 1.13x |
| NCLH | 21.0 | 2.6 | 22.51 | 164 (2026-09-18) | 64.97% | 12.38% | 1.13x |
| NCLH | 19.0 | 0.36 | 22.51 | 34 (2026-03-20) | 84.65% | 1.89% | 1.13x |
| NCLH | 18.0 | 1.01 | 22.51 | 98 (2026-06-18) | 79.92% | 5.61% | 1.12x |
| NCLH | 20.0 | 2.18 | 22.51 | 164 (2026-09-18) | 69.43% | 10.90% | 1.12x |
| NCLH | 18.0 | 1.77 | 22.51 | 164 (2026-09-18) | 76.72% | 9.83% | 1.12x |
| NCLH | 20.5 | 0.09 | 22.51 | 9 (2026-02-13) | 89.64% | 0.44% | 1.12x |
| NCLH | 17.0 | 1.55 | 22.51 | 164 (2026-09-18) | 79.87% | 9.12% | 1.11x |
| NCLH | 16.0 | 0.12 | 22.51 | 19 (2026-02-27) | 94.72% | 0.75% | 1.10x |
| NCLH | 20.0 | 2.36 | 22.51 | 229 (2026-12-18) | 69.37% | 11.80% | 1.09x |
| NCLH | 16.0 | 0.14 | 22.51 | 24 (2026-03-06) | 94.19% | 0.88% | 1.09x |
| NCLH | 17.0 | 1.52 | 22.51 | 229 (2026-12-18) | 80.03% | 8.94% | 1.08x |
| NCLH | 15.0 | 1.0 | 22.51 | 229 (2026-12-18) | 86.00% | 6.67% | 1.06x |
| NCLH | 13.0 | 0.32 | 22.51 | 98 (2026-06-18) | 93.54% | 2.46% | 1.06x |
| NCLH | 13.0 | 0.47 | 22.51 | 164 (2026-09-18) | 92.07% | 3.62% | 1.05x |
| NCLH | 13.0 | 0.67 | 22.51 | 229 (2026-12-18) | 90.54% | 5.15% | 1.05x |
| NCLH | 20.0 | 0.02 | 22.51 | 4 (2026-02-06) | 96.72% | 0.10% | 1.05x |
| NCLH | 18.0 | 0.05 | 22.51 | 14 (2026-02-20) | 96.30% | 0.28% | 1.05x |
| NCLH | 10.0 | 0.22 | 22.51 | 164 (2026-09-18) | 96.31% | 2.20% | 1.03x |
| NCLH | 10.0 | 0.3 | 22.51 | 229 (2026-12-18) | 95.96% | 3.00% | 1.03x |
| NCLH | 14.0 | 0.06 | 22.51 | 34 (2026-03-20) | 97.41% | 0.43% | 1.03x |
| NCLH | 18.0 | 0.01 | 22.51 | 4 (2026-02-06) | 99.01% | 0.06% | 1.03x |
| NCLH | 3.0 | 0.05 | 22.51 | 229 (2026-12-18) | 99.52% | 1.67% | 1.02x |