Recommendation: NO
Current Price: $13.71
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 | 12.0 | 0.35 | 13.71 | 8 (2026-08-21) | 78.66% | 2.92% | 2.04x |
| OMER | 11.0 | 0.15 | 13.71 | 8 (2026-08-21) | 89.15% | 1.36% | 1.46x |
| OMER | 5.0 | 0.05 | 13.71 | 8 (2026-08-21) | 98.47% | 1.00% | 1.36x |
| OMER | 11.0 | 1.05 | 13.71 | 73 (2026-11-20) | 76.56% | 9.55% | 1.28x |
| OMER | 13.0 | 2.25 | 13.71 | 113 (2027-01-15) | 64.10% | 17.31% | 1.26x |
| OMER | 9.0 | 0.05 | 13.71 | 8 (2026-08-21) | 96.82% | 0.56% | 1.18x |
| OMER | 8.0 | 0.04 | 13.71 | 8 (2026-08-21) | 97.77% | 0.50% | 1.17x |
| OMER | 5.0 | 0.99 | 13.71 | 378 (2028-01-21) | 92.61% | 19.80% | 1.12x |
| OMER | 4.0 | 0.66 | 13.71 | 378 (2028-01-21) | 94.78% | 16.50% | 1.10x |