Recommendation: NO
Current Price: $11.23
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 | 0.14 | 11.23 | 10 (2026-02-20) | 88.61% | 1.56% | 1.41x |
| OMER | 4.0 | 0.05 | 11.23 | 10 (2026-02-20) | 98.21% | 1.25% | 1.36x |
| OMER | 3.0 | 0.03 | 11.23 | 10 (2026-02-20) | 98.93% | 1.00% | 1.28x |
| OMER | 7.0 | 2.25 | 11.23 | 245 (2027-01-15) | 84.12% | 32.14% | 1.28x |
| OMER | 5.0 | 1.38 | 11.23 | 245 (2027-01-15) | 89.93% | 27.60% | 1.26x |
| OMER | 5.0 | 1.25 | 11.23 | 225 (2026-12-18) | 89.94% | 25.00% | 1.26x |
| OMER | 6.0 | 0.05 | 11.23 | 10 (2026-02-20) | 97.21% | 0.83% | 1.23x |
| OMER | 3.0 | 0.6 | 11.23 | 225 (2026-12-18) | 95.13% | 20.00% | 1.22x |
| OMER | 3.0 | 0.65 | 11.23 | 245 (2027-01-15) | 95.01% | 21.67% | 1.21x |
| OMER | 7.0 | 0.27 | 11.23 | 70 (2026-05-15) | 90.42% | 3.86% | 1.13x |
| OMER | 2.0 | 0.2 | 11.23 | 225 (2026-12-18) | 97.86% | 10.00% | 1.11x |
| OMER | 5.0 | 1.0 | 11.23 | 510 (2028-01-21) | 90.27% | 20.00% | 1.09x |
| OMER | 3.0 | 0.05 | 11.23 | 70 (2026-05-15) | 98.61% | 1.67% | 1.06x |
| OMER | 1.0 | 0.05 | 11.23 | 245 (2027-01-15) | 99.34% | 5.00% | 1.05x |