Recommendation: NO
Current Price: $18.60
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 | 18.0 | 0.62 | 18.60 | 8 (2025-07-03) | 63.03% | 3.44% | 1.97x |
| NCLH | 18.5 | 0.44 | 18.60 | 4 (2025-06-27) | 54.62% | 2.38% | 1.92x |
| NCLH | 18.5 | 0.61 | 18.60 | 8 (2025-07-03) | 54.28% | 3.30% | 1.75x |
| NCLH | 18.0 | 0.25 | 18.60 | 4 (2025-06-27) | 69.89% | 1.39% | 1.63x |
| NCLH | 18.0 | 0.67 | 18.60 | 14 (2025-07-11) | 62.61% | 3.72% | 1.51x |
| NCLH | 17.5 | 0.15 | 18.60 | 4 (2025-06-27) | 80.69% | 0.86% | 1.42x |
| NCLH | 8.0 | 0.21 | 18.60 | 19 (2025-07-18) | 96.12% | 2.62% | 1.39x |
| NCLH | 17.5 | 0.24 | 18.60 | 8 (2025-07-03) | 76.65% | 1.37% | 1.39x |
| NCLH | 17.0 | 0.74 | 18.60 | 24 (2025-07-25) | 71.12% | 4.35% | 1.38x |
| NCLH | 18.0 | 0.67 | 18.60 | 19 (2025-07-18) | 62.64% | 3.72% | 1.36x |
| NCLH | 17.0 | 0.82 | 18.60 | 29 (2025-08-01) E | 70.41% | 4.82% | 1.34x |
| NCLH | 18.0 | 0.81 | 18.60 | 24 (2025-07-25) | 61.75% | 4.50% | 1.33x |
| NCLH | 17.0 | 0.49 | 18.60 | 19 (2025-07-18) | 74.36% | 2.88% | 1.32x |
| NCLH | 18.0 | 1.25 | 18.60 | 39 (2025-08-15) E | 60.48% | 6.94% | 1.30x |
| NCLH | 17.0 | 0.15 | 18.60 | 8 (2025-07-03) | 84.29% | 0.88% | 1.26x |
| NCLH | 16.5 | 0.14 | 18.60 | 8 (2025-07-03) | 87.16% | 0.85% | 1.26x |
| NCLH | 17.0 | 0.82 | 18.60 | 39 (2025-08-15) E | 70.45% | 4.82% | 1.24x |
| NCLH | 17.0 | 1.36 | 18.60 | 64 (2025-09-19) E | 67.70% | 8.00% | 1.23x |
| NCLH | 17.0 | 0.24 | 18.60 | 14 (2025-07-11) | 80.43% | 1.41% | 1.23x |
| NCLH | 18.0 | 1.5 | 18.60 | 64 (2025-09-19) E | 60.39% | 8.33% | 1.21x |
| NCLH | 17.0 | 0.07 | 18.60 | 4 (2025-06-27) | 89.62% | 0.41% | 1.20x |
| NCLH | 16.0 | 0.19 | 18.60 | 14 (2025-07-11) | 86.68% | 1.19% | 1.20x |
| NCLH | 16.0 | 0.1 | 18.60 | 8 (2025-07-03) | 91.33% | 0.63% | 1.20x |
| NCLH | 15.5 | 0.09 | 18.60 | 8 (2025-07-03) | 92.49% | 0.58% | 1.18x |
| NCLH | 16.0 | 0.52 | 18.60 | 39 (2025-08-15) E | 79.27% | 3.25% | 1.18x |
| NCLH | 16.0 | 0.76 | 18.60 | 64 (2025-09-19) E | 76.43% | 4.75% | 1.15x |
| NCLH | 18.0 | 2.12 | 18.60 | 129 (2025-12-19) E | 60.88% | 11.78% | 1.14x |
| NCLH | 16.0 | 1.59 | 18.60 | 129 (2025-12-19) E | 72.12% | 9.94% | 1.14x |
| NCLH | 15.0 | 0.17 | 18.60 | 19 (2025-07-18) | 90.06% | 1.13% | 1.14x |
| NCLH | 17.0 | 1.8 | 18.60 | 129 (2025-12-19) E | 66.99% | 10.59% | 1.14x |
| NCLH | 16.0 | 0.24 | 18.60 | 24 (2025-07-25) | 85.02% | 1.50% | 1.14x |
| NCLH | 15.0 | 0.35 | 18.60 | 39 (2025-08-15) E | 85.57% | 2.33% | 1.14x |
| NCLH | 17.0 | 1.97 | 18.60 | 149 (2026-01-16) E | 66.88% | 11.59% | 1.13x |
| NCLH | 15.5 | 0.04 | 18.60 | 4 (2025-06-27) | 95.61% | 0.26% | 1.13x |
| NCLH | 16.0 | 0.17 | 18.60 | 19 (2025-07-18) | 87.76% | 1.06% | 1.13x |
| NCLH | 15.0 | 1.24 | 18.60 | 129 (2025-12-19) E | 77.11% | 8.27% | 1.13x |
| NCLH | 15.0 | 0.06 | 18.60 | 8 (2025-07-03) | 94.75% | 0.40% | 1.13x |
| NCLH | 16.5 | 0.04 | 18.60 | 4 (2025-06-27) | 94.32% | 0.24% | 1.12x |
| NCLH | 14.0 | 0.48 | 18.60 | 64 (2025-09-19) E | 85.89% | 3.43% | 1.12x |
| NCLH | 15.0 | 0.53 | 18.60 | 64 (2025-09-19) E | 82.73% | 3.53% | 1.12x |
| NCLH | 14.0 | 0.96 | 18.60 | 129 (2025-12-19) E | 81.61% | 6.86% | 1.11x |
| NCLH | 12.0 | 0.1 | 18.60 | 19 (2025-07-18) | 95.36% | 0.83% | 1.11x |
| NCLH | 14.5 | 0.03 | 18.60 | 4 (2025-06-27) | 96.87% | 0.21% | 1.11x |
| NCLH | 13.0 | 0.04 | 18.60 | 8 (2025-07-03) | 97.26% | 0.31% | 1.10x |
| NCLH | 16.0 | 0.03 | 18.60 | 4 (2025-06-27) | 95.73% | 0.19% | 1.09x |
| NCLH | 13.0 | 0.31 | 18.60 | 64 (2025-09-19) E | 90.33% | 2.38% | 1.09x |
| NCLH | 14.0 | 0.81 | 18.60 | 149 (2026-01-16) E | 82.66% | 5.79% | 1.08x |
| NCLH | 13.0 | 0.67 | 18.60 | 149 (2026-01-16) E | 86.01% | 5.15% | 1.08x |
| NCLH | 14.0 | 0.08 | 18.60 | 19 (2025-07-18) | 94.68% | 0.57% | 1.07x |
| NCLH | 14.0 | 0.03 | 18.60 | 8 (2025-07-03) | 97.54% | 0.21% | 1.07x |
| NCLH | 15.0 | 0.02 | 18.60 | 4 (2025-06-27) | 97.36% | 0.13% | 1.07x |
| NCLH | 14.0 | 0.09 | 18.60 | 24 (2025-07-25) | 94.42% | 0.64% | 1.07x |
| NCLH | 11.0 | 0.39 | 18.60 | 149 (2026-01-16) E | 91.77% | 3.55% | 1.06x |
| NCLH | 12.0 | 0.17 | 18.60 | 64 (2025-09-19) E | 94.00% | 1.42% | 1.05x |
| NCLH | 11.0 | 0.26 | 18.60 | 129 (2025-12-19) E | 93.38% | 2.36% | 1.04x |
| NCLH | 13.0 | 0.03 | 18.60 | 19 (2025-07-18) | 97.78% | 0.23% | 1.03x |
| NCLH | 10.0 | 0.07 | 18.60 | 64 (2025-09-19) E | 97.41% | 0.70% | 1.03x |
| NCLH | 10.0 | 0.02 | 18.60 | 19 (2025-07-18) | 98.98% | 0.20% | 1.03x |