Typically 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 |
|---|---|---|---|---|---|---|---|
| TNA | 55.0 | 1.79 | 55.52 | 5 (2026-02-13) | 55.94% | 3.25% | 2.48x |
| TQQQ | 50.5 | 1.68 | 50.59 | 5 (2026-02-13) | 52.60% | 3.33% | 2.40x |
| TQQQ | 50.0 | 1.5 | 50.59 | 5 (2026-02-13) | 57.14% | 3.00% | 2.36x |
| TNA | 54.0 | 1.4 | 55.52 | 5 (2026-02-13) | 63.25% | 2.59% | 2.27x |
| TQQQ | 49.5 | 1.26 | 50.59 | 5 (2026-02-13) | 61.53% | 2.55% | 2.19x |
| TNA | 53.5 | 1.25 | 55.52 | 5 (2026-02-13) | 66.69% | 2.34% | 2.18x |
| TQQQ | 49.0 | 1.15 | 50.59 | 5 (2026-02-13) | 65.27% | 2.35% | 2.15x |
| TNA | 53.0 | 1.09 | 55.52 | 5 (2026-02-13) | 70.04% | 2.06% | 2.06x |
| TQQQ | 48.5 | 1.0 | 50.59 | 5 (2026-02-13) | 68.75% | 2.06% | 2.03x |
| TNA | 52.5 | 0.96 | 55.52 | 5 (2026-02-13) | 73.02% | 1.83% | 1.95x |
| FAS | 160.0 | 3.7 | 160.34 | 5 (2026-02-13) | 52.69% | 2.31% | 1.84x |
| TNA | 55.0 | 2.41 | 55.52 | 10 (2026-02-20) | 55.59% | 4.38% | 1.83x |
| TQQQ | 50.5 | 2.22 | 50.59 | 10 (2026-02-20) | 52.97% | 4.40% | 1.79x |
| TNA | 54.0 | 2.02 | 55.52 | 10 (2026-02-20) | 61.31% | 3.74% | 1.77x |
| TQQQ | 50.0 | 2.03 | 50.59 | 10 (2026-02-20) | 56.42% | 4.06% | 1.77x |
| TQQQ | 49.5 | 1.79 | 50.59 | 10 (2026-02-20) | 59.84% | 3.62% | 1.72x |
| TQQQ | 49.0 | 1.65 | 50.59 | 10 (2026-02-20) | 62.92% | 3.37% | 1.70x |
| TNA | 53.0 | 1.68 | 55.52 | 10 (2026-02-20) | 66.63% | 3.17% | 1.69x |
| TQQQ | 48.5 | 1.49 | 50.59 | 10 (2026-02-20) | 65.94% | 3.07% | 1.66x |
| TNA | 55.0 | 2.99 | 55.52 | 15 (2026-02-27) | 55.58% | 5.44% | 1.65x |
| TQQQ | 50.0 | 2.63 | 50.59 | 15 (2026-02-27) | 56.20% | 5.26% | 1.63x |
| TNA | 52.0 | 1.39 | 55.52 | 10 (2026-02-20) | 71.45% | 2.67% | 1.61x |
| TQQQ | 49.0 | 2.21 | 50.59 | 15 (2026-02-27) | 61.49% | 4.51% | 1.58x |
| TQQQ | 48.5 | 2.07 | 50.59 | 15 (2026-02-27) | 63.90% | 4.27% | 1.57x |
| TNA | 55.0 | 3.5 | 55.52 | 20 (2026-03-06) | 55.70% | 6.36% | 1.55x |
| TQQQ | 50.0 | 3.0 | 50.59 | 20 (2026-03-06) | 56.23% | 6.00% | 1.52x |
| TQQQ | 49.0 | 2.53 | 50.59 | 20 (2026-03-06) | 61.00% | 5.16% | 1.48x |
| TQQQ | 50.0 | 3.35 | 50.59 | 25 (2026-03-13) | 56.33% | 6.70% | 1.45x |
| TQQQ | 49.0 | 2.88 | 50.59 | 25 (2026-03-13) | 60.63% | 5.88% | 1.42x |
| TQQQ | 48.0 | 2.59 | 50.59 | 25 (2026-03-13) | 64.56% | 5.40% | 1.41x |
| QQQ | 609.0 | 7.03 | 609.65 | 5 (2026-02-13) | 52.19% | 1.15% | 1.35x |
| QQQ | 608.0 | 6.65 | 609.65 | 5 (2026-02-13) | 54.29% | 1.09% | 1.35x |
| QQQ | 607.0 | 6.28 | 609.65 | 5 (2026-02-13) | 56.34% | 1.03% | 1.34x |
| QQQ | 606.0 | 5.93 | 609.65 | 5 (2026-02-13) | 58.33% | 0.98% | 1.33x |
| QQQ | 605.0 | 5.6 | 609.65 | 5 (2026-02-13) | 60.24% | 0.93% | 1.32x |
| QQQ | 609.0 | 6.24 | 609.65 | 4 (2026-02-12) | 52.27% | 1.02% | 1.31x |
| QQQ | 608.0 | 5.85 | 609.65 | 4 (2026-02-12) | 54.63% | 0.96% | 1.30x |
| QQQ | 606.0 | 5.14 | 609.65 | 4 (2026-02-12) | 59.13% | 0.85% | 1.29x |
| QQQ | 605.0 | 4.81 | 609.65 | 4 (2026-02-12) | 61.27% | 0.80% | 1.28x |
| QQQ | 608.0 | 5.02 | 609.65 | 3 (2026-02-11) | 55.10% | 0.83% | 1.26x |
| QQQ | 607.0 | 4.65 | 609.65 | 3 (2026-02-11) | 57.72% | 0.77% | 1.25x |
| QQQ | 606.0 | 4.32 | 609.65 | 3 (2026-02-11) | 60.22% | 0.71% | 1.24x |
| QQQ | 605.0 | 4.0 | 609.65 | 3 (2026-02-11) | 62.53% | 0.66% | 1.23x |
| QQQ | 607.0 | 3.46 | 609.65 | 2 (2026-02-10) | 59.42% | 0.57% | 1.19x |
| QQQ | 606.0 | 3.14 | 609.65 | 2 (2026-02-10) | 62.51% | 0.52% | 1.18x |
| QQQ | 605.0 | 2.84 | 609.65 | 2 (2026-02-10) | 65.43% | 0.47% | 1.17x |
| QQQ | 605.0 | 1.76 | 609.65 | 1 (2026-02-09) | 69.90% | 0.29% | 1.11x |