Recommendation: NO
Current Price: $18.41
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 | 18.0 | 0.23 | 18.41 | 9 (2026-02-13) | 67.00% | 1.28% | 1.27x |
| ET | 18.0 | 0.1 | 18.41 | 4 (2026-02-06) | 76.06% | 0.56% | 1.24x |
| ET | 18.0 | 0.3 | 18.41 | 14 (2026-02-20) | 65.72% | 1.67% | 1.22x |
| ET | 18.0 | 0.35 | 18.41 | 19 (2026-02-27) | 63.69% | 1.94% | 1.18x |
| ET | 18.0 | 0.58 | 18.41 | 34 (2026-03-20) | 60.73% | 3.22% | 1.15x |
| ET | 17.5 | 0.15 | 18.41 | 14 (2026-02-20) | 78.71% | 0.86% | 1.13x |
| ET | 17.5 | 0.17 | 18.41 | 19 (2026-02-27) | 77.78% | 0.97% | 1.10x |
| ET | 12.0 | 0.15 | 18.41 | 34 (2026-03-20) | 94.39% | 1.25% | 1.09x |
| ET | 18.0 | 0.55 | 18.41 | 54 (2026-04-17) | 61.18% | 3.06% | 1.09x |
| ET | 17.5 | 0.06 | 18.41 | 9 (2026-02-13) | 87.08% | 0.34% | 1.09x |
| ET | 17.0 | 0.08 | 18.41 | 14 (2026-02-20) | 87.84% | 0.47% | 1.08x |
| ET | 17.0 | 0.11 | 18.41 | 19 (2026-02-27) | 85.71% | 0.65% | 1.08x |
| ET | 18.0 | 0.95 | 18.41 | 119 (2026-07-17) | 59.49% | 5.28% | 1.07x |
| ET | 17.0 | 0.17 | 18.41 | 34 (2026-03-20) | 82.09% | 1.00% | 1.06x |
| ET | 16.5 | 0.1 | 18.41 | 24 (2026-03-06) | 92.15% | 0.61% | 1.06x |
| ET | 17.0 | 0.02 | 18.41 | 4 (2026-02-06) | 95.06% | 0.12% | 1.06x |
| ET | 17.5 | 0.02 | 18.41 | 4 (2026-02-06) | 94.17% | 0.11% | 1.06x |
| ET | 14.0 | 0.04 | 18.41 | 14 (2026-02-20) | 96.92% | 0.29% | 1.05x |
| ET | 17.0 | 0.22 | 18.41 | 54 (2026-04-17) | 80.26% | 1.29% | 1.05x |
| ET | 17.0 | 0.03 | 18.41 | 9 (2026-02-13) | 93.00% | 0.18% | 1.05x |
| ET | 16.0 | 0.04 | 18.41 | 14 (2026-02-20) | 94.28% | 0.25% | 1.04x |
| ET | 16.0 | 0.32 | 18.41 | 119 (2026-07-17) | 82.36% | 2.00% | 1.04x |
| ET | 14.5 | 0.01 | 18.41 | 4 (2026-02-06) | 98.40% | 0.07% | 1.03x |
| ET | 15.0 | 0.01 | 18.41 | 4 (2026-02-06) | 98.37% | 0.07% | 1.03x |
| ET | 10.0 | 0.13 | 18.41 | 98 (2026-06-18) | 96.15% | 1.30% | 1.03x |
| ET | 16.0 | 0.07 | 18.41 | 34 (2026-03-20) | 92.01% | 0.44% | 1.03x |
| ET | 16.0 | 0.11 | 18.41 | 54 (2026-04-17) | 89.90% | 0.69% | 1.03x |
| ET | 15.0 | 0.16 | 18.41 | 98 (2026-06-18) | 90.19% | 1.07% | 1.02x |
| ET | 15.0 | 0.05 | 18.41 | 34 (2026-03-20) | 94.89% | 0.33% | 1.02x |
| ET | 15.0 | 0.01 | 18.41 | 9 (2026-02-13) | 98.38% | 0.07% | 1.02x |
| ET | 13.0 | 0.03 | 18.41 | 34 (2026-03-20) | 97.93% | 0.23% | 1.02x |
| ET | 14.0 | 0.09 | 18.41 | 119 (2026-07-17) | 94.50% | 0.64% | 1.01x |
| ET | 15.0 | 0.04 | 18.41 | 54 (2026-04-17) | 96.22% | 0.27% | 1.01x |
| ET | 14.0 | 0.02 | 18.41 | 34 (2026-03-20) | 97.68% | 0.14% | 1.01x |
| ET | 5.0 | 0.02 | 18.41 | 98 (2026-06-18) | 99.52% | 0.40% | 1.01x |
| ET | 13.0 | 0.02 | 18.41 | 54 (2026-04-17) | 98.60% | 0.15% | 1.01x |