Recommendation: NO
Current Price: $93.56
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 |
|---|---|---|---|---|---|---|---|
| UAL | 93.0 | 2.01 | 93.56 | 4 (2026-03-27) | 55.18% | 2.16% | 1.82x |
| UAL | 90.0 | 1.15 | 93.56 | 4 (2026-03-27) | 72.39% | 1.28% | 1.59x |
| UAL | 89.0 | 1.79 | 93.56 | 8 (2026-04-02) | 70.99% | 2.01% | 1.56x |
| UAL | 92.5 | 5.1 | 93.56 | 19 (2026-04-17) | 56.14% | 5.51% | 1.50x |
| UAL | 89.0 | 3.0 | 93.56 | 14 (2026-04-10) | 66.80% | 3.37% | 1.49x |
| UAL | 93.0 | 6.25 | 93.56 | 24 (2026-04-24) | 55.01% | 6.72% | 1.46x |
| UAL | 90.0 | 4.15 | 93.56 | 19 (2026-04-17) | 62.85% | 4.61% | 1.46x |
| UAL | 90.0 | 5.05 | 93.56 | 24 (2026-04-24) | 62.05% | 5.61% | 1.43x |
| UAL | 93.0 | 6.6 | 93.56 | 29 (2026-05-01) | 55.17% | 7.10% | 1.40x |
| UAL | 85.0 | 2.7 | 93.56 | 19 (2026-04-17) | 74.36% | 3.18% | 1.36x |
| UAL | 90.0 | 6.4 | 93.56 | 39 (2026-05-15) | 61.43% | 7.11% | 1.32x |
| UAL | 87.5 | 5.4 | 93.56 | 39 (2026-05-15) | 66.09% | 6.17% | 1.29x |
| UAL | 92.5 | 9.15 | 93.56 | 63 (2026-06-18) | 57.21% | 9.89% | 1.25x |
| UAL | 82.5 | 3.75 | 93.56 | 39 (2026-05-15) | 74.59% | 4.55% | 1.24x |
| UAL | 80.0 | 3.05 | 93.56 | 39 (2026-05-15) | 78.45% | 3.81% | 1.21x |
| UAL | 82.5 | 4.85 | 93.56 | 63 (2026-06-18) | 72.85% | 5.88% | 1.18x |
| UAL | 92.5 | 13.05 | 93.56 | 129 (2026-09-18) | 58.96% | 14.11% | 1.17x |
| UAL | 90.0 | 11.65 | 93.56 | 129 (2026-09-18) | 61.78% | 12.94% | 1.16x |
| UAL | 85.0 | 9.55 | 93.56 | 129 (2026-09-18) | 67.41% | 11.24% | 1.15x |
| UAL | 87.5 | 13.15 | 93.56 | 194 (2026-12-18) | 65.03% | 15.03% | 1.13x |
| UAL | 82.5 | 11.15 | 93.56 | 194 (2026-12-18) | 69.64% | 13.52% | 1.12x |
| UAL | 72.5 | 5.35 | 93.56 | 129 (2026-09-18) | 79.83% | 7.38% | 1.12x |
| UAL | 80.0 | 9.8 | 93.56 | 194 (2026-12-18) | 71.95% | 12.25% | 1.12x |
| UAL | 77.5 | 9.15 | 93.56 | 194 (2026-12-18) | 74.03% | 11.81% | 1.11x |
| UAL | 70.0 | 2.16 | 93.56 | 63 (2026-06-18) | 86.79% | 3.09% | 1.11x |
| UAL | 75.0 | 8.2 | 93.56 | 194 (2026-12-18) | 76.16% | 10.93% | 1.11x |