Recommendation: NO
Current Price: $17.64
Total Wheels: 4
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 |
|---|---|---|---|---|---|---|---|
| ET | 10.0 | 0.2 | 17.64 | 19 (2025-07-18) | 93.84% | 2.00% | 1.28x |
| ET | 17.5 | 0.11 | 17.64 | 4 (2025-06-27) | 63.36% | 0.63% | 1.22x |
| ET | 17.5 | 0.15 | 17.64 | 8 (2025-07-03) | 61.21% | 0.86% | 1.18x |
| ET | 17.5 | 0.24 | 17.64 | 14 (2025-07-11) | 58.39% | 1.37% | 1.15x |
| ET | 17.5 | 0.42 | 17.64 | 24 (2025-07-25) | 56.28% | 2.40% | 1.15x |
| ET | 16.0 | 0.12 | 17.64 | 14 (2025-07-11) | 86.26% | 0.75% | 1.12x |
| ET | 11.0 | 0.1 | 17.64 | 19 (2025-07-18) | 96.41% | 0.91% | 1.12x |
| ET | 17.5 | 0.41 | 17.64 | 29 (2025-08-01) | 56.42% | 2.34% | 1.12x |
| ET | 17.0 | 0.45 | 17.64 | 39 (2025-08-15) E | 65.96% | 2.65% | 1.12x |
| ET | 17.0 | 0.16 | 17.64 | 19 (2025-07-18) | 75.04% | 0.94% | 1.10x |
| ET | 17.0 | 0.11 | 17.64 | 14 (2025-07-11) | 78.11% | 0.65% | 1.09x |
| ET | 17.0 | 0.61 | 17.64 | 64 (2025-09-19) E | 64.10% | 3.59% | 1.09x |
| ET | 17.0 | 0.23 | 17.64 | 29 (2025-08-01) | 71.34% | 1.35% | 1.09x |
| ET | 17.0 | 0.18 | 17.64 | 24 (2025-07-25) | 73.63% | 1.06% | 1.08x |
| ET | 17.0 | 0.69 | 17.64 | 84 (2025-10-17) E | 63.48% | 4.06% | 1.08x |
| ET | 17.0 | 1.03 | 17.64 | 129 (2025-12-19) E | 61.97% | 6.06% | 1.07x |
| ET | 16.0 | 0.31 | 17.64 | 64 (2025-09-19) E | 78.63% | 1.94% | 1.06x |
| ET | 16.0 | 0.41 | 17.64 | 84 (2025-10-17) E | 76.53% | 2.56% | 1.06x |
| ET | 17.0 | 0.02 | 17.64 | 4 (2025-06-27) | 90.48% | 0.12% | 1.06x |
| ET | 16.5 | 0.03 | 17.64 | 8 (2025-07-03) | 92.95% | 0.18% | 1.05x |
| ET | 17.0 | 0.03 | 17.64 | 8 (2025-07-03) | 88.19% | 0.18% | 1.05x |
| ET | 15.0 | 0.4 | 17.64 | 129 (2025-12-19) E | 81.52% | 2.67% | 1.04x |
| ET | 15.0 | 0.24 | 17.64 | 84 (2025-10-17) E | 85.53% | 1.60% | 1.04x |
| ET | 15.5 | 0.02 | 17.64 | 8 (2025-07-03) | 96.09% | 0.13% | 1.04x |
| ET | 16.0 | 0.02 | 17.64 | 8 (2025-07-03) | 95.73% | 0.13% | 1.04x |
| ET | 16.0 | 0.06 | 17.64 | 24 (2025-07-25) | 91.07% | 0.37% | 1.04x |
| ET | 15.0 | 0.04 | 17.64 | 19 (2025-07-18) | 94.93% | 0.27% | 1.03x |
| ET | 15.0 | 0.08 | 17.64 | 39 (2025-08-15) E | 92.01% | 0.53% | 1.03x |
| ET | 10.0 | 0.08 | 17.64 | 64 (2025-09-19) E | 96.89% | 0.80% | 1.03x |
| ET | 16.5 | 0.01 | 17.64 | 4 (2025-06-27) | 95.12% | 0.06% | 1.03x |
| ET | 15.0 | 0.01 | 17.64 | 8 (2025-07-03) | 97.96% | 0.07% | 1.02x |
| ET | 14.0 | 0.07 | 17.64 | 64 (2025-09-19) E | 94.25% | 0.50% | 1.02x |
| ET | 12.0 | 0.07 | 17.64 | 84 (2025-10-17) E | 96.18% | 0.58% | 1.02x |
| ET | 12.0 | 0.1 | 17.64 | 129 (2025-12-19) E | 93.75% | 0.83% | 1.02x |
| ET | 8.0 | 0.02 | 17.64 | 64 (2025-09-19) E | 99.14% | 0.25% | 1.01x |