Recommendation: ST
Current Price: $23.45
Total Wheels: 17
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 |
|---|---|---|---|---|---|---|---|
| GEO | 23.0 | 0.5 | 23.45 | 4 (2025-06-27) | 61.85% | 2.17% | 1.96x |
| GEO | 22.5 | 0.39 | 23.45 | 4 (2025-06-27) | 70.23% | 1.73% | 1.84x |
| GEO | 23.0 | 0.65 | 23.45 | 8 (2025-07-03) | 60.18% | 2.83% | 1.70x |
| GEO | 22.0 | 0.37 | 23.45 | 8 (2025-07-03) | 75.28% | 1.68% | 1.49x |
| GEO | 23.0 | 1.46 | 23.45 | 24 (2025-07-25) | 57.97% | 6.35% | 1.46x |
| GEO | 22.0 | 0.18 | 23.45 | 4 (2025-06-27) | 81.74% | 0.82% | 1.40x |
| GEO | 22.0 | 0.82 | 23.45 | 19 (2025-07-18) | 68.65% | 3.73% | 1.40x |
| GEO | 21.5 | 0.12 | 23.45 | 4 (2025-06-27) | 87.65% | 0.56% | 1.28x |
| GEO | 22.0 | 0.37 | 23.45 | 14 (2025-07-11) | 75.31% | 1.68% | 1.25x |
| GEO | 22.0 | 1.18 | 23.45 | 39 (2025-08-15) E | 66.39% | 5.36% | 1.25x |
| GEO | 23.0 | 2.2 | 23.45 | 64 (2025-09-19) E | 58.38% | 9.57% | 1.24x |
| GEO | 22.0 | 2.2 | 23.45 | 84 (2025-10-17) E | 64.31% | 10.00% | 1.21x |
| GEO | 20.0 | 0.3 | 23.45 | 19 (2025-07-18) | 85.89% | 1.50% | 1.19x |
| GEO | 21.0 | 1.75 | 23.45 | 84 (2025-10-17) E | 69.55% | 8.33% | 1.18x |
| GEO | 20.0 | 0.65 | 23.45 | 39 (2025-08-15) E | 79.88% | 3.25% | 1.18x |
| GEO | 20.0 | 1.0 | 23.45 | 64 (2025-09-19) E | 76.35% | 5.00% | 1.16x |
| GEO | 18.0 | 0.3 | 23.45 | 39 (2025-08-15) E | 89.80% | 1.67% | 1.10x |
| GEO | 21.0 | 1.3 | 23.45 | 129 (2025-12-19) E | 71.22% | 6.19% | 1.09x |
| GEO | 16.0 | 0.3 | 23.45 | 84 (2025-10-17) E | 92.40% | 1.87% | 1.05x |