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 | 63.0 | 2.5 | 63.84 | 5 (2026-07-31) | 56.91% | 3.97% | 3.08x |
| TQQQ | 62.0 | 2.11 | 63.84 | 5 (2026-07-31) | 62.14% | 3.40% | 2.87x |
| TQQQ | 61.0 | 1.72 | 63.84 | 5 (2026-07-31) | 67.24% | 2.82% | 2.58x |
| TQQQ | 60.0 | 1.5 | 63.84 | 5 (2026-07-31) | 71.41% | 2.50% | 2.44x |
| TNA | 67.5 | 2.04 | 67.97 | 5 (2026-07-31) | 55.02% | 3.02% | 2.30x |
| TQQQ | 59.0 | 1.25 | 63.84 | 5 (2026-07-31) | 75.44% | 2.12% | 2.22x |
| TNA | 66.0 | 1.56 | 67.97 | 5 (2026-07-31) | 64.45% | 2.36% | 2.14x |
| TQQQ | 62.0 | 3.1 | 63.84 | 10 (2026-08-07) | 60.47% | 5.00% | 2.12x |
| TQQQ | 63.0 | 3.3 | 63.84 | 10 (2026-08-07) | 56.56% | 5.24% | 2.09x |
| TQQQ | 61.0 | 2.72 | 63.84 | 10 (2026-08-07) | 64.26% | 4.46% | 2.04x |
| TQQQ | 60.0 | 2.43 | 63.84 | 10 (2026-08-07) | 67.73% | 4.05% | 1.98x |
| TQQQ | 63.0 | 4.2 | 63.84 | 15 (2026-08-14) | 56.59% | 6.67% | 1.86x |
| TQQQ | 62.0 | 3.75 | 63.84 | 15 (2026-08-14) | 59.98% | 6.05% | 1.82x |
| TQQQ | 60.0 | 3.1 | 63.84 | 15 (2026-08-14) | 66.23% | 5.17% | 1.76x |
| TQQQ | 63.0 | 4.8 | 63.84 | 20 (2026-08-21) | 56.74% | 7.62% | 1.70x |
| TQQQ | 62.0 | 4.4 | 63.84 | 20 (2026-08-21) | 59.75% | 7.10% | 1.69x |
| TQQQ | 61.0 | 2.91 | 63.84 | 15 (2026-08-14) | 63.94% | 4.77% | 1.66x |
| TQQQ | 61.0 | 3.95 | 63.84 | 20 (2026-08-21) | 62.68% | 6.48% | 1.65x |
| TQQQ | 60.0 | 3.65 | 63.84 | 20 (2026-08-21) | 65.40% | 6.08% | 1.63x |
| TQQQ | 59.0 | 3.3 | 63.84 | 20 (2026-08-21) | 68.13% | 5.59% | 1.60x |
| TQQQ | 59.0 | 2.37 | 63.84 | 15 (2026-08-14) | 70.26% | 4.02% | 1.60x |
| TQQQ | 60.0 | 4.15 | 63.84 | 25 (2026-08-28) | 64.87% | 6.92% | 1.56x |
| TNA | 64.0 | 2.15 | 67.97 | 15 (2026-08-14) | 68.76% | 3.36% | 1.47x |
| QQQ | 683.0 | 9.89 | 683.96 | 5 (2026-07-31) | 52.38% | 1.45% | 1.46x |
| QQQ | 682.0 | 9.48 | 683.96 | 5 (2026-07-31) | 53.89% | 1.39% | 1.46x |
| QQQ | 681.0 | 9.09 | 683.96 | 5 (2026-07-31) | 55.37% | 1.33% | 1.45x |
| QQQ | 680.0 | 8.73 | 683.96 | 5 (2026-07-31) | 56.82% | 1.28% | 1.44x |
| TQQQ | 55.0 | 2.67 | 63.84 | 25 (2026-08-28) | 76.03% | 4.85% | 1.44x |
| QQQ | 679.0 | 8.35 | 683.96 | 5 (2026-07-31) | 58.25% | 1.23% | 1.43x |
| QQQ | 683.0 | 8.71 | 683.96 | 4 (2026-07-30) | 52.47% | 1.28% | 1.40x |
| QQQ | 682.0 | 8.31 | 683.96 | 4 (2026-07-30) | 54.16% | 1.22% | 1.39x |
| TNA | 65.0 | 2.61 | 67.97 | 20 (2026-08-21) | 64.75% | 4.02% | 1.38x |
| QQQ | 680.0 | 7.56 | 683.96 | 4 (2026-07-30) | 57.46% | 1.11% | 1.38x |
| QQQ | 679.0 | 7.19 | 683.96 | 4 (2026-07-30) | 59.06% | 1.06% | 1.37x |
| TNA | 64.0 | 2.2 | 67.97 | 20 (2026-08-21) | 68.73% | 3.44% | 1.34x |
| TQQQ | 50.0 | 1.7 | 63.84 | 25 (2026-08-28) | 84.11% | 3.40% | 1.33x |
| QQQ | 683.0 | 7.12 | 683.96 | 3 (2026-07-29) | 52.69% | 1.04% | 1.32x |
| QQQ | 682.0 | 6.72 | 683.96 | 3 (2026-07-29) | 54.73% | 0.99% | 1.31x |
| QQQ | 681.0 | 6.34 | 683.96 | 3 (2026-07-29) | 56.73% | 0.93% | 1.30x |
| QQQ | 680.0 | 6.0 | 683.96 | 3 (2026-07-29) | 58.68% | 0.88% | 1.30x |
| QQQ | 679.0 | 5.66 | 683.96 | 3 (2026-07-29) | 60.54% | 0.83% | 1.29x |
| TQQQ | 45.0 | 1.03 | 63.84 | 25 (2026-08-28) | 90.25% | 2.29% | 1.23x |
| QQQ | 682.0 | 4.91 | 683.96 | 2 (2026-07-28) | 55.84% | 0.72% | 1.22x |
| QQQ | 681.0 | 4.55 | 683.96 | 2 (2026-07-28) | 58.43% | 0.67% | 1.22x |
| QQQ | 680.0 | 4.22 | 683.96 | 2 (2026-07-28) | 60.90% | 0.62% | 1.21x |
| QQQ | 679.0 | 3.9 | 683.96 | 2 (2026-07-28) | 63.26% | 0.57% | 1.20x |
| QQQ | 679.0 | 2.42 | 683.96 | 1 (2026-07-27) | 67.43% | 0.36% | 1.13x |