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 | 73.0 | 2.39 | 73.72 | 4 (2026-06-12) | 56.07% | 3.27% | 2.50x |
| TQQQ | 73.0 | 3.85 | 73.72 | 8 (2026-06-18) | 55.63% | 5.27% | 2.49x |
| TQQQ | 72.0 | 2.1 | 73.72 | 4 (2026-06-12) | 61.44% | 2.92% | 2.45x |
| TQQQ | 72.0 | 3.3 | 73.72 | 8 (2026-06-18) | 59.45% | 4.58% | 2.33x |
| TQQQ | 71.0 | 3.05 | 73.72 | 8 (2026-06-18) | 62.89% | 4.30% | 2.32x |
| TQQQ | 71.0 | 1.78 | 73.72 | 4 (2026-06-12) | 66.27% | 2.51% | 2.29x |
| TQQQ | 70.0 | 2.69 | 73.72 | 8 (2026-06-18) | 66.31% | 3.84% | 2.21x |
| TNA | 63.5 | 2.7 | 64.46 | 8 (2026-06-18) | 57.32% | 4.25% | 2.14x |
| TQQQ | 70.0 | 1.49 | 73.72 | 4 (2026-06-12) | 70.88% | 2.13% | 2.13x |
| TQQQ | 69.0 | 1.23 | 73.72 | 4 (2026-06-12) | 75.06% | 1.78% | 1.95x |
| TQQQ | 72.5 | 4.6 | 73.72 | 14 (2026-06-26) | 57.33% | 6.34% | 1.90x |
| TQQQ | 70.0 | 4.75 | 73.72 | 24 (2026-07-10) | 63.50% | 6.79% | 1.56x |
| TNA | 63.5 | 3.5 | 64.46 | 18 (2026-07-02) | 57.04% | 5.51% | 1.54x |
| QQQ | 705.0 | 8.98 | 707.83 | 5 (2026-06-15) | 55.21% | 1.27% | 1.42x |
| QQQ | 704.0 | 8.71 | 707.83 | 5 (2026-06-15) | 56.63% | 1.24% | 1.42x |
| QQQ | 703.0 | 8.33 | 707.83 | 5 (2026-06-15) | 58.08% | 1.18% | 1.41x |
| QQQ | 707.0 | 9.24 | 707.83 | 5 (2026-06-15) | 52.21% | 1.31% | 1.41x |
| QQQ | 706.0 | 8.83 | 707.83 | 5 (2026-06-15) | 53.83% | 1.25% | 1.40x |
| QQQ | 706.0 | 8.03 | 707.83 | 4 (2026-06-12) | 54.02% | 1.14% | 1.36x |
| QQQ | 705.0 | 7.63 | 707.83 | 4 (2026-06-12) | 55.75% | 1.08% | 1.35x |
| QQQ | 707.0 | 8.14 | 707.83 | 4 (2026-06-12) | 52.29% | 1.15% | 1.35x |
| QQQ | 704.0 | 7.26 | 707.83 | 4 (2026-06-12) | 57.45% | 1.03% | 1.35x |
| TQQQ | 60.0 | 2.06 | 73.72 | 24 (2026-07-10) | 82.34% | 3.43% | 1.34x |
| QQQ | 703.0 | 6.91 | 707.83 | 4 (2026-06-12) | 59.10% | 0.98% | 1.34x |
| QQQ | 706.0 | 6.6 | 707.83 | 3 (2026-06-11) | 54.53% | 0.93% | 1.29x |
| QQQ | 705.0 | 6.22 | 707.83 | 3 (2026-06-11) | 56.57% | 0.88% | 1.29x |
| QQQ | 704.0 | 5.89 | 707.83 | 3 (2026-06-11) | 58.53% | 0.84% | 1.28x |
| QQQ | 703.0 | 5.54 | 707.83 | 3 (2026-06-11) | 60.48% | 0.79% | 1.27x |
| QQQ | 705.0 | 4.36 | 707.83 | 2 (2026-06-10) | 58.38% | 0.62% | 1.20x |
| QQQ | 704.0 | 3.75 | 707.83 | 2 (2026-06-10) | 61.48% | 0.53% | 1.18x |