Recommendation: NO
Current Price: $20.08
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 | 13.0 | 2.45 | 20.08 | 80 (2027-01-15) | 82.66% | 18.85% | 1.58x |
| OMER | 14.0 | 0.72 | 20.08 | 40 (2026-11-20) | 86.02% | 5.14% | 1.31x |
| OMER | 15.0 | 1.2 | 20.08 | 60 (2026-12-18) | 81.14% | 8.00% | 1.30x |
| OMER | 13.0 | 0.9 | 20.08 | 60 (2026-12-18) | 86.75% | 6.92% | 1.28x |
| OMER | 18.0 | 0.3 | 20.08 | 15 (2026-10-16) | 82.37% | 1.67% | 1.26x |
| OMER | 11.0 | 0.61 | 20.08 | 60 (2026-12-18) | 91.04% | 5.55% | 1.23x |
| OMER | 5.0 | 0.99 | 20.08 | 345 (2028-01-21) | 95.55% | 19.80% | 1.13x |
| OMER | 4.0 | 0.66 | 20.08 | 345 (2028-01-21) | 96.83% | 16.50% | 1.11x |
| OMER | 11.0 | 0.55 | 20.08 | 105 (2027-02-19) | 91.54% | 5.00% | 1.11x |