Recommendation: NO
Current Price: $115.91
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 | 115.0 | 2.35 | 115.91 | 5 (2026-02-13) | 56.46% | 2.04% | 1.78x |
| UAL | 114.0 | 1.92 | 115.91 | 5 (2026-02-13) | 62.05% | 1.68% | 1.69x |
| UAL | 113.0 | 1.56 | 115.91 | 5 (2026-02-13) | 67.38% | 1.38% | 1.59x |
| UAL | 115.0 | 3.25 | 115.91 | 10 (2026-02-20) | 55.63% | 2.83% | 1.48x |
| UAL | 114.0 | 2.87 | 115.91 | 10 (2026-02-20) | 59.75% | 2.52% | 1.46x |
| UAL | 110.0 | 0.85 | 115.91 | 5 (2026-02-13) | 80.19% | 0.77% | 1.37x |
| UAL | 113.0 | 3.35 | 115.91 | 15 (2026-02-27) | 61.91% | 2.96% | 1.36x |
| UAL | 110.0 | 1.75 | 115.91 | 10 (2026-02-20) | 73.61% | 1.59% | 1.34x |
| UAL | 109.0 | 1.51 | 115.91 | 10 (2026-02-20) | 76.56% | 1.39% | 1.30x |
| UAL | 115.0 | 6.05 | 115.91 | 30 (2026-03-20) | 55.26% | 5.26% | 1.27x |
| UAL | 110.0 | 4.1 | 115.91 | 30 (2026-03-20) | 66.73% | 3.73% | 1.23x |
| UAL | 115.0 | 9.8 | 115.91 | 70 (2026-05-15) | 56.19% | 8.52% | 1.18x |
| UAL | 105.0 | 2.58 | 115.91 | 30 (2026-03-20) | 76.76% | 2.46% | 1.17x |
| UAL | 110.0 | 7.3 | 115.91 | 70 (2026-05-15) | 63.83% | 6.64% | 1.16x |
| UAL | 115.0 | 11.1 | 115.91 | 94 (2026-06-18) | 56.69% | 9.65% | 1.15x |
| UAL | 110.0 | 8.8 | 115.91 | 94 (2026-06-18) | 63.35% | 8.00% | 1.14x |
| UAL | 105.0 | 5.4 | 115.91 | 70 (2026-05-15) | 71.16% | 5.14% | 1.14x |
| UAL | 100.0 | 4.35 | 115.91 | 70 (2026-05-15) | 76.83% | 4.35% | 1.13x |
| UAL | 100.0 | 1.62 | 115.91 | 30 (2026-03-20) | 84.42% | 1.62% | 1.12x |
| UAL | 105.0 | 9.7 | 115.91 | 160 (2026-09-18) | 68.27% | 9.24% | 1.10x |
| UAL | 95.0 | 3.0 | 115.91 | 70 (2026-05-15) | 82.63% | 3.16% | 1.10x |
| UAL | 95.0 | 3.8 | 115.91 | 94 (2026-06-18) | 80.94% | 4.00% | 1.09x |
| UAL | 92.5 | 2.61 | 115.91 | 70 (2026-05-15) | 84.78% | 2.82% | 1.09x |
| UAL | 95.0 | 6.4 | 115.91 | 160 (2026-09-18) | 77.43% | 6.74% | 1.08x |
| UAL | 95.0 | 0.98 | 115.91 | 30 (2026-03-20) | 90.02% | 1.03% | 1.08x |
| UAL | 92.5 | 5.7 | 115.91 | 160 (2026-09-18) | 79.52% | 6.16% | 1.08x |