Recommendation: NO
Current Price: $55.33
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 | 55.0 | 1.18 | 55.33 | 19 (2025-07-18) | 55.44% | 2.15% | 1.17x |
| HRB | 50.0 | 2.35 | 55.33 | 149 (2026-01-16) E | 72.21% | 4.70% | 1.06x |
| HRB | 30.0 | 0.1 | 55.33 | 19 (2025-07-18) | 98.90% | 0.33% | 1.04x |
| HRB | 45.0 | 1.31 | 55.33 | 149 (2026-01-16) E | 83.72% | 2.91% | 1.04x |
| HRB | 40.0 | 0.82 | 55.33 | 149 (2026-01-16) E | 90.26% | 2.05% | 1.03x |
| HRB | 30.0 | 0.47 | 55.33 | 149 (2026-01-16) E | 95.66% | 1.57% | 1.03x |