Recommendation: HV
Current Price: $280.26
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 |
---|---|---|---|---|---|---|---|
TSLA | 280.0 | 7.95 | 280.26 | 4 (2025-05-09) | 52.02% | 2.84% | 2.09x |
TSLA | 277.5 | 6.8 | 280.26 | 4 (2025-05-09) | 56.91% | 2.45% | 2.01x |
TSLA | 275.0 | 5.8 | 280.26 | 4 (2025-05-09) | 61.63% | 2.11% | 1.92x |
TSLA | 280.0 | 11.9 | 280.26 | 9 (2025-05-16) | 52.59% | 4.25% | 1.86x |
TSLA | 277.5 | 10.9 | 280.26 | 9 (2025-05-16) | 55.85% | 3.93% | 1.84x |
TSLA | 272.5 | 4.9 | 280.26 | 4 (2025-05-09) | 66.09% | 1.80% | 1.81x |
TSLA | 275.0 | 9.65 | 280.26 | 9 (2025-05-16) | 59.09% | 3.51% | 1.78x |
TSLA | 272.5 | 8.66 | 280.26 | 9 (2025-05-16) | 62.23% | 3.18% | 1.73x |
TSLA | 270.0 | 4.1 | 280.26 | 4 (2025-05-09) | 70.49% | 1.52% | 1.71x |
TSLA | 270.0 | 7.79 | 280.26 | 9 (2025-05-16) | 65.23% | 2.89% | 1.69x |
TSLA | 280.0 | 15.04 | 280.26 | 14 (2025-05-23) | 53.10% | 5.37% | 1.66x |
TSLA | 267.5 | 6.95 | 280.26 | 9 (2025-05-16) | 68.14% | 2.60% | 1.63x |
TSLA | 275.0 | 12.7 | 280.26 | 14 (2025-05-23) | 58.29% | 4.62% | 1.61x |
TSLA | 267.5 | 3.38 | 280.26 | 4 (2025-05-09) | 74.42% | 1.26% | 1.60x |
TSLA | 265.0 | 6.15 | 280.26 | 9 (2025-05-16) | 70.96% | 2.32% | 1.58x |
TSLA | 270.0 | 10.65 | 280.26 | 14 (2025-05-23) | 63.31% | 3.94% | 1.56x |
TSLA | 280.0 | 17.1 | 280.26 | 19 (2025-05-30) | 53.46% | 6.11% | 1.53x |
TSLA | 262.5 | 5.45 | 280.26 | 9 (2025-05-16) | 73.61% | 2.08% | 1.53x |
TSLA | 265.0 | 2.81 | 280.26 | 4 (2025-05-09) | 78.00% | 1.06% | 1.51x |
TSLA | 275.0 | 14.75 | 280.26 | 19 (2025-05-30) | 58.03% | 5.36% | 1.50x |
TSLA | 265.0 | 8.82 | 280.26 | 14 (2025-05-23) | 68.11% | 3.33% | 1.50x |
TSLA | 280.0 | 19.7 | 280.26 | 24 (2025-06-06) | 53.91% | 7.04% | 1.48x |
TSLA | 260.0 | 4.75 | 280.26 | 9 (2025-05-16) | 76.24% | 1.83% | 1.47x |
TSLA | 270.0 | 12.6 | 280.26 | 19 (2025-05-30) | 62.48% | 4.67% | 1.46x |
TSLA | 275.0 | 17.2 | 280.26 | 24 (2025-06-06) | 57.89% | 6.25% | 1.45x |
TSLA | 260.0 | 7.25 | 280.26 | 14 (2025-05-23) | 72.59% | 2.79% | 1.43x |
TSLA | 280.0 | 21.8 | 280.26 | 29 (2025-06-13) | 54.28% | 7.79% | 1.43x |
TSLA | 262.5 | 2.31 | 280.26 | 4 (2025-05-09) | 81.24% | 0.88% | 1.43x |
TSLA | 270.0 | 15.1 | 280.26 | 24 (2025-06-06) | 61.78% | 5.59% | 1.43x |
TSLA | 257.5 | 4.2 | 280.26 | 9 (2025-05-16) | 78.57% | 1.63% | 1.43x |
TSLA | 265.0 | 10.78 | 280.26 | 19 (2025-05-30) | 66.74% | 4.07% | 1.43x |
TSLA | 265.0 | 13.1 | 280.26 | 24 (2025-06-06) | 65.59% | 4.94% | 1.40x |
TSLA | 275.0 | 18.65 | 280.26 | 29 (2025-06-13) | 57.88% | 6.78% | 1.40x |
TSLA | 280.0 | 23.45 | 280.26 | 34 (2025-06-20) | 54.58% | 8.37% | 1.39x |
TSLA | 260.0 | 9.05 | 280.26 | 19 (2025-05-30) | 70.83% | 3.48% | 1.38x |
TSLA | 270.0 | 16.55 | 280.26 | 29 (2025-06-13) | 61.51% | 6.13% | 1.38x |
TSLA | 275.0 | 20.9 | 280.26 | 34 (2025-06-20) | 57.92% | 7.60% | 1.38x |
TSLA | 255.0 | 5.9 | 280.26 | 14 (2025-05-23) | 76.70% | 2.31% | 1.37x |
TSLA | 260.0 | 11.3 | 280.26 | 24 (2025-06-06) | 69.22% | 4.35% | 1.37x |
TSLA | 260.0 | 1.91 | 280.26 | 4 (2025-05-09) | 84.06% | 0.73% | 1.36x |
TSLA | 270.0 | 18.72 | 280.26 | 34 (2025-06-20) | 61.22% | 6.93% | 1.36x |
TSLA | 265.0 | 14.39 | 280.26 | 29 (2025-06-13) | 65.10% | 5.43% | 1.35x |
TSLA | 265.0 | 16.6 | 280.26 | 34 (2025-06-20) | 64.47% | 6.26% | 1.34x |
TSLA | 255.0 | 7.65 | 280.26 | 19 (2025-05-30) | 74.56% | 3.00% | 1.34x |
TSLA | 250.0 | 4.9 | 280.26 | 14 (2025-05-23) | 80.29% | 1.96% | 1.32x |
TSLA | 260.0 | 14.78 | 280.26 | 34 (2025-06-20) | 67.56% | 5.68% | 1.32x |
TSLA | 260.0 | 12.25 | 280.26 | 29 (2025-06-13) | 68.69% | 4.71% | 1.32x |
TSLA | 255.0 | 11.5 | 280.26 | 29 (2025-06-13) | 71.42% | 4.51% | 1.32x |
TSLA | 255.0 | 9.2 | 280.26 | 24 (2025-06-06) | 73.06% | 3.61% | 1.31x |
TSLA | 280.0 | 29.67 | 280.26 | 54 (2025-07-18) | 55.71% | 10.60% | 1.31x |
TSLA | 275.0 | 27.2 | 280.26 | 54 (2025-07-18) | 58.35% | 9.89% | 1.30x |
TSLA | 250.0 | 8.28 | 280.26 | 24 (2025-06-06) | 75.90% | 3.31% | 1.30x |
TSLA | 255.0 | 12.9 | 280.26 | 34 (2025-06-20) | 70.63% | 5.06% | 1.30x |
TSLA | 257.5 | 1.53 | 280.26 | 4 (2025-05-09) | 86.72% | 0.59% | 1.30x |
TSLA | 250.0 | 6.3 | 280.26 | 19 (2025-05-30) | 78.19% | 2.52% | 1.30x |
TSLA | 250.0 | 10.04 | 280.26 | 29 (2025-06-13) | 74.40% | 4.02% | 1.29x |
TSLA | 270.0 | 24.65 | 280.26 | 54 (2025-07-18) | 60.97% | 9.13% | 1.29x |
TSLA | 265.0 | 22.42 | 280.26 | 54 (2025-07-18) | 63.57% | 8.46% | 1.28x |
TSLA | 250.0 | 11.36 | 280.26 | 34 (2025-06-20) | 73.49% | 4.54% | 1.28x |
TSLA | 280.0 | 35.53 | 280.26 | 74 (2025-08-15) E | 56.78% | 12.69% | 1.27x |
TSLA | 245.0 | 3.88 | 280.26 | 14 (2025-05-23) | 83.62% | 1.58% | 1.27x |
TSLA | 260.0 | 20.38 | 280.26 | 54 (2025-07-18) | 66.11% | 7.84% | 1.27x |
TSLA | 245.0 | 7.0 | 280.26 | 24 (2025-06-06) | 78.96% | 2.86% | 1.26x |
TSLA | 275.0 | 32.8 | 280.26 | 74 (2025-08-15) E | 58.96% | 11.93% | 1.26x |
TSLA | 245.0 | 5.3 | 280.26 | 19 (2025-05-30) | 81.11% | 2.16% | 1.26x |
TSLA | 270.0 | 30.37 | 280.26 | 74 (2025-08-15) E | 61.16% | 11.25% | 1.25x |
TSLA | 255.0 | 18.45 | 280.26 | 54 (2025-07-18) | 68.59% | 7.24% | 1.25x |
TSLA | 245.0 | 9.9 | 280.26 | 34 (2025-06-20) | 76.24% | 4.04% | 1.25x |
TSLA | 265.0 | 28.05 | 280.26 | 74 (2025-08-15) E | 63.34% | 10.58% | 1.25x |
TSLA | 245.0 | 8.0 | 280.26 | 29 (2025-06-13) | 77.93% | 3.27% | 1.24x |
TSLA | 250.0 | 16.75 | 280.26 | 54 (2025-07-18) | 70.96% | 6.70% | 1.24x |
TSLA | 260.0 | 25.7 | 280.26 | 74 (2025-08-15) E | 65.51% | 9.88% | 1.24x |
TSLA | 240.0 | 5.95 | 280.26 | 24 (2025-06-06) | 81.66% | 2.48% | 1.23x |
TSLA | 240.0 | 7.3 | 280.26 | 29 (2025-06-13) | 80.11% | 3.04% | 1.23x |
TSLA | 240.0 | 8.6 | 280.26 | 34 (2025-06-20) | 78.76% | 3.58% | 1.23x |
TSLA | 255.0 | 23.2 | 280.26 | 74 (2025-08-15) E | 67.70% | 9.10% | 1.23x |
TSLA | 240.0 | 3.15 | 280.26 | 14 (2025-05-23) | 86.38% | 1.31% | 1.22x |
TSLA | 245.0 | 14.79 | 280.26 | 54 (2025-07-18) | 73.41% | 6.04% | 1.22x |
TSLA | 250.0 | 21.83 | 280.26 | 74 (2025-08-15) E | 69.68% | 8.73% | 1.22x |
TSLA | 240.0 | 4.35 | 280.26 | 19 (2025-05-30) | 84.04% | 1.81% | 1.22x |
TSLA | 275.0 | 37.1 | 280.26 | 99 (2025-09-19) E | 59.54% | 13.49% | 1.22x |
TSLA | 280.0 | 38.71 | 280.26 | 99 (2025-09-19) E | 57.41% | 13.83% | 1.21x |
TSLA | 270.0 | 34.55 | 280.26 | 99 (2025-09-19) E | 61.49% | 12.80% | 1.21x |
TSLA | 240.0 | 13.3 | 280.26 | 54 (2025-07-18) | 75.61% | 5.54% | 1.21x |
TSLA | 235.0 | 7.49 | 280.26 | 34 (2025-06-20) | 81.14% | 3.19% | 1.21x |
TSLA | 235.0 | 6.26 | 280.26 | 29 (2025-06-13) | 82.49% | 2.66% | 1.21x |
TSLA | 245.0 | 19.3 | 280.26 | 74 (2025-08-15) E | 71.89% | 7.88% | 1.21x |
TSLA | 265.0 | 31.95 | 280.26 | 99 (2025-09-19) E | 63.43% | 12.06% | 1.21x |
TSLA | 235.0 | 5.01 | 280.26 | 24 (2025-06-06) | 84.14% | 2.13% | 1.21x |
TSLA | 260.0 | 29.9 | 280.26 | 99 (2025-09-19) E | 65.36% | 11.50% | 1.20x |
TSLA | 240.0 | 18.07 | 280.26 | 74 (2025-08-15) E | 73.72% | 7.53% | 1.20x |
TSLA | 235.0 | 11.9 | 280.26 | 54 (2025-07-18) | 77.74% | 5.06% | 1.20x |
TSLA | 255.0 | 27.65 | 280.26 | 99 (2025-09-19) E | 67.27% | 10.84% | 1.20x |
TSLA | 235.0 | 2.6 | 280.26 | 14 (2025-05-23) | 88.57% | 1.11% | 1.19x |
TSLA | 235.0 | 16.35 | 280.26 | 74 (2025-08-15) E | 75.66% | 6.96% | 1.19x |
TSLA | 235.0 | 3.6 | 280.26 | 19 (2025-05-30) | 86.51% | 1.53% | 1.19x |
TSLA | 250.0 | 24.97 | 280.26 | 99 (2025-09-19) E | 69.23% | 9.99% | 1.19x |
TSLA | 245.0 | 22.75 | 280.26 | 99 (2025-09-19) E | 71.15% | 9.29% | 1.18x |
TSLA | 235.0 | 20.75 | 280.26 | 99 (2025-09-19) E | 74.36% | 8.83% | 1.18x |
TSLA | 240.0 | 21.63 | 280.26 | 99 (2025-09-19) E | 72.82% | 9.01% | 1.18x |