Recommendation: NO
Current Price: $35.71
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 |
|---|---|---|---|---|---|---|---|
| HRB | 35.0 | 1.55 | 35.71 | 25 (2026-06-18) | 58.78% | 4.43% | 1.30x |
| HRB | 35.0 | 0.2 | 35.71 | 1 (2026-05-15) | 73.60% | 0.57% | 1.24x |
| HRB | 35.0 | 2.0 | 35.71 | 46 (2026-07-17) | 58.37% | 5.71% | 1.20x |
| HRB | 35.0 | 2.7 | 35.71 | 71 (2026-08-21) | 58.32% | 7.71% | 1.17x |
| HRB | 30.0 | 2.15 | 35.71 | 136 (2026-11-20) | 75.46% | 7.17% | 1.10x |
| HRB | 25.0 | 0.19 | 35.71 | 25 (2026-06-18) | 95.08% | 0.76% | 1.08x |
| HRB | 25.0 | 0.42 | 35.71 | 71 (2026-08-21) | 91.97% | 1.68% | 1.06x |
| HRB | 30.0 | 0.01 | 35.71 | 1 (2026-05-15) | 99.19% | 0.03% | 1.02x |