Recommendation: NO
Current Price: $17.37
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 | 17.0 | 0.27 | 17.37 | 4 (2025-05-09) | 64.55% | 1.59% | 1.67x |
| NCLH | 17.0 | 0.48 | 17.37 | 9 (2025-05-16) | 60.90% | 2.82% | 1.61x |
| NCLH | 16.5 | 0.3 | 17.37 | 9 (2025-05-16) | 71.74% | 1.82% | 1.44x |
| NCLH | 17.0 | 0.64 | 17.37 | 19 (2025-05-30) | 59.66% | 3.76% | 1.34x |
| NCLH | 16.5 | 0.11 | 17.37 | 4 (2025-05-09) | 81.54% | 0.67% | 1.31x |
| NCLH | 16.0 | 0.18 | 17.37 | 9 (2025-05-16) | 81.29% | 1.12% | 1.29x |
| NCLH | 17.0 | 0.97 | 17.37 | 34 (2025-06-20) | 58.61% | 5.71% | 1.28x |
| NCLH | 16.0 | 0.26 | 17.37 | 14 (2025-05-23) | 78.13% | 1.63% | 1.25x |
| NCLH | 17.0 | 1.34 | 17.37 | 54 (2025-07-18) | 58.50% | 7.88% | 1.23x |
| NCLH | 16.0 | 0.42 | 17.37 | 24 (2025-06-06) | 74.12% | 2.62% | 1.22x |
| NCLH | 16.0 | 0.62 | 17.37 | 34 (2025-06-20) | 71.02% | 3.87% | 1.22x |
| NCLH | 15.5 | 0.1 | 17.37 | 9 (2025-05-16) | 88.73% | 0.65% | 1.17x |
| NCLH | 17.0 | 1.82 | 17.37 | 99 (2025-09-19) E | 59.09% | 10.71% | 1.17x |
| NCLH | 16.0 | 1.48 | 17.37 | 99 (2025-09-19) E | 66.48% | 9.25% | 1.16x |
| NCLH | 15.0 | 0.35 | 17.37 | 34 (2025-06-20) | 81.51% | 2.33% | 1.15x |
| NCLH | 15.0 | 0.57 | 17.37 | 54 (2025-07-18) | 77.81% | 3.80% | 1.15x |
| NCLH | 13.0 | 0.1 | 17.37 | 14 (2025-05-23) | 95.28% | 0.77% | 1.14x |
| NCLH | 14.0 | 1.65 | 17.37 | 164 (2025-12-19) E | 75.53% | 11.79% | 1.14x |
| NCLH | 17.0 | 2.5 | 17.37 | 164 (2025-12-19) E | 60.36% | 14.71% | 1.14x |
| NCLH | 15.0 | 0.17 | 17.37 | 19 (2025-05-30) | 86.84% | 1.13% | 1.14x |
| NCLH | 15.0 | 1.06 | 17.37 | 99 (2025-09-19) E | 73.53% | 7.07% | 1.14x |
| NCLH | 16.0 | 2.07 | 17.37 | 164 (2025-12-19) E | 66.14% | 12.94% | 1.13x |
| NCLH | 15.0 | 0.07 | 17.37 | 9 (2025-05-16) | 92.26% | 0.47% | 1.13x |
| NCLH | 8.0 | 0.21 | 17.37 | 54 (2025-07-18) | 95.60% | 2.62% | 1.12x |
| NCLH | 16.0 | 0.04 | 17.37 | 4 (2025-05-09) | 91.49% | 0.25% | 1.12x |
| NCLH | 12.0 | 0.08 | 17.37 | 14 (2025-05-23) | 95.57% | 0.67% | 1.12x |
| NCLH | 15.0 | 1.58 | 17.37 | 164 (2025-12-19) E | 71.68% | 10.53% | 1.12x |
| NCLH | 13.0 | 0.61 | 17.37 | 99 (2025-09-19) E | 84.13% | 4.69% | 1.10x |
| NCLH | 8.0 | 0.11 | 17.37 | 34 (2025-06-20) | 97.14% | 1.38% | 1.10x |
| NCLH | 11.0 | 0.83 | 17.37 | 164 (2025-12-19) E | 86.73% | 7.55% | 1.10x |
| NCLH | 15.5 | 0.03 | 17.37 | 4 (2025-05-09) | 94.36% | 0.19% | 1.10x |
| NCLH | 12.0 | 0.43 | 17.37 | 99 (2025-09-19) E | 88.39% | 3.58% | 1.08x |
| NCLH | 13.0 | 0.24 | 17.37 | 54 (2025-07-18) | 89.76% | 1.85% | 1.08x |
| NCLH | 14.0 | 0.04 | 17.37 | 9 (2025-05-16) | 95.91% | 0.29% | 1.08x |
| NCLH | 5.0 | 0.08 | 17.37 | 54 (2025-07-18) | 98.54% | 1.60% | 1.08x |
| NCLH | 14.0 | 0.02 | 17.37 | 4 (2025-05-09) | 97.39% | 0.14% | 1.07x |
| NCLH | 14.5 | 0.02 | 17.37 | 4 (2025-05-09) | 97.06% | 0.14% | 1.07x |
| NCLH | 10.0 | 0.13 | 17.37 | 54 (2025-07-18) | 95.69% | 1.30% | 1.06x |
| NCLH | 13.0 | 0.1 | 17.37 | 34 (2025-06-20) | 94.73% | 0.77% | 1.06x |
| NCLH | 3.0 | 0.02 | 17.37 | 34 (2025-06-20) | 99.64% | 0.67% | 1.05x |
| NCLH | 11.0 | 0.03 | 17.37 | 14 (2025-05-23) | 98.24% | 0.27% | 1.05x |
| NCLH | 13.0 | 0.02 | 17.37 | 9 (2025-05-16) | 97.95% | 0.15% | 1.04x |
| NCLH | 15.0 | 0.01 | 17.37 | 4 (2025-05-09) | 97.89% | 0.07% | 1.03x |
| NCLH | 5.0 | 0.02 | 17.37 | 34 (2025-06-20) | 99.46% | 0.40% | 1.03x |
| NCLH | 10.0 | 0.02 | 17.37 | 34 (2025-06-20) | 98.75% | 0.20% | 1.01x |