Recommendation: HV
Current Price: $67.11
Total Wheels: 19
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 |
|---|---|---|---|---|---|---|---|
| LMND | 67.0 | 3.1 | 67.11 | 6 (2026-04-02) | 52.96% | 4.63% | 2.76x |
| LMND | 66.0 | 2.65 | 67.11 | 6 (2026-04-02) | 57.94% | 4.02% | 2.63x |
| LMND | 64.0 | 2.02 | 67.11 | 6 (2026-04-02) | 66.83% | 3.16% | 2.40x |
| LMND | 65.0 | 2.15 | 67.11 | 6 (2026-04-02) | 62.99% | 3.31% | 2.38x |
| LMND | 66.0 | 1.3 | 67.11 | 2 (2026-03-27) | 60.87% | 1.97% | 1.82x |
| LMND | 61.0 | 1.05 | 67.11 | 6 (2026-04-02) | 79.37% | 1.72% | 1.77x |
| LMND | 65.0 | 0.99 | 67.11 | 2 (2026-03-27) | 68.77% | 1.52% | 1.69x |
| LMND | 60.0 | 0.92 | 67.11 | 6 (2026-04-02) | 81.99% | 1.53% | 1.69x |
| LMND | 64.0 | 4.45 | 67.11 | 22 (2026-04-24) | 62.77% | 6.95% | 1.63x |
| LMND | 64.0 | 0.8 | 67.11 | 2 (2026-03-27) | 74.84% | 1.25% | 1.60x |
| LMND | 63.0 | 4.0 | 67.11 | 22 (2026-04-24) | 65.39% | 6.35% | 1.59x |
| LMND | 65.0 | 7.56 | 67.11 | 37 (2026-05-15) | 60.43% | 11.63% | 1.59x |
| LMND | 65.0 | 4.4 | 67.11 | 22 (2026-04-24) | 60.29% | 6.77% | 1.58x |
| LMND | 60.0 | 3.8 | 67.11 | 27 (2026-05-01) | 70.94% | 6.33% | 1.51x |
| LMND | 60.0 | 5.18 | 67.11 | 37 (2026-05-15) | 69.44% | 8.63% | 1.49x |
| LMND | 63.0 | 0.6 | 67.11 | 2 (2026-03-27) | 80.21% | 0.95% | 1.47x |
| LMND | 60.0 | 2.0 | 67.11 | 17 (2026-04-17) | 75.77% | 3.33% | 1.45x |
| LMND | 65.0 | 9.6 | 67.11 | 61 (2026-06-18) | 61.26% | 14.77% | 1.43x |
| LMND | 62.0 | 0.4 | 67.11 | 2 (2026-03-27) | 86.25% | 0.65% | 1.32x |
| LMND | 50.0 | 2.0 | 67.11 | 37 (2026-05-15) | 85.25% | 4.00% | 1.26x |
| LMND | 50.0 | 3.0 | 67.11 | 61 (2026-06-18) | 82.66% | 6.00% | 1.22x |
| LMND | 45.0 | 1.26 | 67.11 | 37 (2026-05-15) | 90.38% | 2.80% | 1.19x |
| LMND | 45.0 | 4.6 | 67.11 | 127 (2026-09-18) | 83.64% | 10.22% | 1.18x |
| LMND | 60.0 | 0.21 | 67.11 | 2 (2026-03-27) | 91.94% | 0.35% | 1.18x |
| LMND | 45.0 | 2.0 | 67.11 | 61 (2026-06-18) | 87.98% | 4.44% | 1.17x |
| LMND | 50.0 | 8.8 | 67.11 | 212 (2027-01-15) | 78.17% | 17.60% | 1.17x |
| LMND | 59.0 | 0.17 | 67.11 | 2 (2026-03-27) | 93.68% | 0.29% | 1.15x |
| LMND | 40.0 | 3.2 | 67.11 | 127 (2026-09-18) | 87.88% | 8.00% | 1.14x |
| LMND | 50.0 | 0.46 | 67.11 | 17 (2026-04-17) | 93.29% | 0.92% | 1.14x |
| LMND | 58.0 | 0.15 | 67.11 | 2 (2026-03-27) | 94.52% | 0.26% | 1.13x |
| LMND | 30.0 | 0.14 | 67.11 | 17 (2026-04-17) | 98.72% | 0.47% | 1.07x |