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 |
|---|---|---|---|---|---|---|---|
| TQQQ | 52.5 | 1.4 | 52.52 | 4 (2026-02-06) | 51.60% | 2.67% | 1.99x |
| TQQQ | 52.0 | 1.2 | 52.52 | 4 (2026-02-06) | 57.12% | 2.31% | 1.93x |
| TQQQ | 51.5 | 0.99 | 52.52 | 4 (2026-02-06) | 62.49% | 1.92% | 1.83x |
| TQQQ | 52.0 | 1.96 | 52.52 | 9 (2026-02-13) | 55.92% | 3.77% | 1.79x |
| TQQQ | 52.5 | 2.08 | 52.52 | 9 (2026-02-13) | 52.24% | 3.96% | 1.77x |
| TNA | 53.0 | 1.76 | 54.48 | 9 (2026-02-13) | 61.85% | 3.32% | 1.77x |
| TQQQ | 51.0 | 0.85 | 52.52 | 4 (2026-02-06) | 67.19% | 1.67% | 1.75x |
| TNA | 53.5 | 0.96 | 54.48 | 4 (2026-02-06) | 62.32% | 1.79% | 1.75x |
| TQQQ | 51.5 | 1.73 | 52.52 | 9 (2026-02-13) | 59.47% | 3.36% | 1.74x |
| TQQQ | 51.0 | 1.6 | 52.52 | 9 (2026-02-13) | 62.68% | 3.14% | 1.73x |
| TNA | 52.5 | 1.59 | 54.48 | 9 (2026-02-13) | 64.83% | 3.03% | 1.72x |
| TNA | 52.0 | 1.42 | 54.48 | 9 (2026-02-13) | 67.73% | 2.73% | 1.67x |
| TNA | 53.0 | 0.8 | 54.48 | 4 (2026-02-06) | 67.56% | 1.51% | 1.67x |
| TQQQ | 50.5 | 0.71 | 52.52 | 4 (2026-02-06) | 71.60% | 1.41% | 1.66x |
| TQQQ | 52.5 | 2.58 | 52.52 | 14 (2026-02-20) | 52.72% | 4.91% | 1.58x |
| TQQQ | 51.5 | 2.27 | 52.52 | 14 (2026-02-20) | 58.59% | 4.41% | 1.58x |
| TNA | 52.5 | 0.66 | 54.48 | 4 (2026-02-06) | 72.04% | 1.26% | 1.58x |
| TQQQ | 51.0 | 2.09 | 52.52 | 14 (2026-02-20) | 61.31% | 4.10% | 1.56x |
| TQQQ | 52.0 | 2.3 | 52.52 | 14 (2026-02-20) | 55.79% | 4.42% | 1.55x |
| TQQQ | 52.5 | 3.15 | 52.52 | 19 (2026-02-27) | 53.26% | 6.00% | 1.52x |
| TQQQ | 51.5 | 2.77 | 52.52 | 19 (2026-02-27) | 58.18% | 5.38% | 1.50x |
| TQQQ | 50.5 | 2.41 | 52.52 | 19 (2026-02-27) | 62.77% | 4.77% | 1.48x |
| TQQQ | 52.0 | 3.15 | 52.52 | 24 (2026-03-06) | 55.83% | 6.06% | 1.42x |
| QQQ | 614.0 | 5.1 | 616.52 | 5 (2026-02-09) | 57.04% | 0.83% | 1.27x |
| QQQ | 615.0 | 5.98 | 616.52 | 6 (2026-02-10) | 54.36% | 0.97% | 1.25x |
| QQQ | 615.0 | 4.87 | 616.52 | 4 (2026-02-06) | 54.93% | 0.79% | 1.24x |
| QQQ | 616.0 | 6.17 | 616.52 | 6 (2026-02-10) | 52.05% | 1.00% | 1.24x |
| QQQ | 613.0 | 5.09 | 616.52 | 6 (2026-02-10) | 59.01% | 0.83% | 1.23x |