Recommendation: NO
Current Price: $19.66
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 | 19.5 | 0.77 | 19.66 | 8 (2026-04-02) | 55.23% | 3.95% | 1.97x |
| NCLH | 19.5 | 0.46 | 19.66 | 4 (2026-03-27) | 56.16% | 2.36% | 1.94x |
| NCLH | 19.0 | 0.56 | 19.66 | 8 (2026-04-02) | 64.35% | 2.95% | 1.81x |
| NCLH | 18.0 | 0.3 | 19.66 | 8 (2026-04-02) | 79.46% | 1.67% | 1.51x |
| NCLH | 19.0 | 1.4 | 19.66 | 39 (2026-05-15) | 60.57% | 7.37% | 1.33x |
| NCLH | 18.0 | 1.04 | 19.66 | 39 (2026-05-15) | 69.07% | 5.78% | 1.29x |
| NCLH | 19.0 | 1.76 | 19.66 | 63 (2026-06-18) | 60.56% | 9.26% | 1.24x |
| NCLH | 15.5 | 0.07 | 19.66 | 4 (2026-03-27) | 94.61% | 0.45% | 1.24x |
| NCLH | 18.0 | 1.33 | 19.66 | 63 (2026-06-18) | 67.87% | 7.39% | 1.22x |
| NCLH | 15.0 | 0.05 | 19.66 | 4 (2026-03-27) | 96.22% | 0.33% | 1.18x |
| NCLH | 16.0 | 0.7 | 19.66 | 63 (2026-06-18) | 80.43% | 4.37% | 1.15x |
| NCLH | 15.0 | 0.35 | 19.66 | 39 (2026-05-15) | 87.87% | 2.33% | 1.14x |
| NCLH | 17.0 | 1.6 | 19.66 | 129 (2026-09-18) | 71.91% | 9.41% | 1.14x |
| NCLH | 16.0 | 0.04 | 19.66 | 4 (2026-03-27) | 95.92% | 0.25% | 1.13x |
| NCLH | 15.5 | 0.06 | 19.66 | 8 (2026-04-02) | 95.13% | 0.39% | 1.12x |
| NCLH | 16.0 | 1.27 | 19.66 | 129 (2026-09-18) | 76.83% | 7.94% | 1.12x |
| NCLH | 17.0 | 2.19 | 19.66 | 194 (2026-12-18) | 71.08% | 12.88% | 1.12x |
| NCLH | 14.0 | 0.09 | 19.66 | 14 (2026-04-10) | 95.23% | 0.64% | 1.12x |
| NCLH | 15.0 | 1.4 | 19.66 | 194 (2026-12-18) | 79.16% | 9.33% | 1.10x |
| NCLH | 16.5 | 0.02 | 19.66 | 4 (2026-03-27) | 97.69% | 0.12% | 1.06x |
| NCLH | 13.0 | 0.06 | 19.66 | 19 (2026-04-17) | 96.94% | 0.46% | 1.06x |