Recommendation: NO
Current Price: $18.15
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 |
|---|---|---|---|---|---|---|---|
| OMER | 9.0 | 0.35 | 18.15 | 8 (2026-11-20) | 93.72% | 3.89% | 3.09x |
| OMER | 13.0 | 0.85 | 18.15 | 48 (2027-01-15) | 83.71% | 6.54% | 1.32x |
| OMER | 15.0 | 1.56 | 18.15 | 73 (2027-02-19) | 74.47% | 10.40% | 1.29x |
| OMER | 13.0 | 0.3 | 18.15 | 28 (2026-12-18) | 89.54% | 2.31% | 1.20x |
| OMER | 10.0 | 0.05 | 18.15 | 8 (2026-11-20) | 97.90% | 0.50% | 1.17x |
| OMER | 11.0 | 0.55 | 18.15 | 73 (2027-02-19) | 89.72% | 5.00% | 1.16x |
| OMER | 11.0 | 0.05 | 18.15 | 8 (2026-11-20) | 97.40% | 0.45% | 1.15x |
| OMER | 5.0 | 0.51 | 18.15 | 313 (2028-01-21) | 95.94% | 10.20% | 1.08x |