Recommendation: HV
Current Price: $348.68
Total Wheels: 19
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 | 347.5 | 14.52 | 348.68 | 8 (2025-07-03) | 53.49% | 4.18% | 2.01x |
TSLA | 345.0 | 13.3 | 348.68 | 8 (2025-07-03) | 56.11% | 3.86% | 1.96x |
TSLA | 347.5 | 8.45 | 348.68 | 4 (2025-06-27) | 53.44% | 2.43% | 1.92x |
TSLA | 342.5 | 12.1 | 348.68 | 8 (2025-07-03) | 58.72% | 3.53% | 1.91x |
TSLA | 340.0 | 11.0 | 348.68 | 8 (2025-07-03) | 61.31% | 3.24% | 1.86x |
TSLA | 345.0 | 7.35 | 348.68 | 4 (2025-06-27) | 57.77% | 2.13% | 1.85x |
TSLA | 337.5 | 10.0 | 348.68 | 8 (2025-07-03) | 63.88% | 2.96% | 1.81x |
TSLA | 342.5 | 6.3 | 348.68 | 4 (2025-06-27) | 62.01% | 1.84% | 1.77x |
TSLA | 335.0 | 9.03 | 348.68 | 8 (2025-07-03) | 66.37% | 2.70% | 1.75x |
TSLA | 332.5 | 8.15 | 348.68 | 8 (2025-07-03) | 68.80% | 2.45% | 1.69x |
TSLA | 340.0 | 5.3 | 348.68 | 4 (2025-06-27) | 66.26% | 1.56% | 1.68x |
TSLA | 330.0 | 7.3 | 348.68 | 8 (2025-07-03) | 71.16% | 2.21% | 1.64x |
TSLA | 345.0 | 16.7 | 348.68 | 14 (2025-07-11) | 55.92% | 4.84% | 1.62x |
TSLA | 337.5 | 4.53 | 348.68 | 4 (2025-06-27) | 70.09% | 1.34% | 1.60x |
TSLA | 340.0 | 14.65 | 348.68 | 14 (2025-07-11) | 60.09% | 4.31% | 1.58x |
TSLA | 327.5 | 6.55 | 348.68 | 8 (2025-07-03) | 73.46% | 2.00% | 1.58x |
TSLA | 325.0 | 5.85 | 348.68 | 8 (2025-07-03) | 75.66% | 1.80% | 1.53x |
TSLA | 345.0 | 19.85 | 348.68 | 19 (2025-07-18) | 55.94% | 5.75% | 1.52x |
TSLA | 345.0 | 24.98 | 348.68 | 24 (2025-07-25) E | 56.17% | 7.24% | 1.52x |
TSLA | 335.0 | 3.78 | 348.68 | 4 (2025-06-27) | 73.87% | 1.13% | 1.52x |
TSLA | 335.0 | 12.2 | 348.68 | 14 (2025-07-11) | 64.38% | 3.64% | 1.52x |
TSLA | 340.0 | 22.45 | 348.68 | 24 (2025-07-25) E | 59.10% | 6.60% | 1.49x |
TSLA | 340.0 | 17.3 | 348.68 | 19 (2025-07-18) | 59.60% | 5.09% | 1.49x |
TSLA | 335.0 | 20.2 | 348.68 | 24 (2025-07-25) E | 62.02% | 6.03% | 1.47x |
TSLA | 345.0 | 27.69 | 348.68 | 29 (2025-08-01) E | 56.37% | 8.03% | 1.47x |
TSLA | 330.0 | 10.35 | 348.68 | 14 (2025-07-11) | 68.39% | 3.14% | 1.47x |
TSLA | 335.0 | 15.15 | 348.68 | 19 (2025-07-18) | 63.19% | 4.52% | 1.45x |
TSLA | 340.0 | 25.06 | 348.68 | 29 (2025-08-01) E | 59.04% | 7.37% | 1.45x |
TSLA | 330.0 | 18.06 | 348.68 | 24 (2025-07-25) E | 64.90% | 5.47% | 1.44x |
TSLA | 332.5 | 3.1 | 348.68 | 4 (2025-06-27) | 77.33% | 0.93% | 1.44x |
TSLA | 335.0 | 22.6 | 348.68 | 29 (2025-08-01) E | 61.72% | 6.75% | 1.43x |
TSLA | 330.0 | 13.1 | 348.68 | 19 (2025-07-18) | 66.73% | 3.97% | 1.41x |
TSLA | 325.0 | 8.7 | 348.68 | 14 (2025-07-11) | 72.19% | 2.68% | 1.41x |
TSLA | 330.0 | 20.75 | 348.68 | 29 (2025-08-01) E | 64.29% | 6.29% | 1.41x |
TSLA | 325.0 | 15.95 | 348.68 | 24 (2025-07-25) E | 67.77% | 4.91% | 1.41x |
TSLA | 320.0 | 14.26 | 348.68 | 24 (2025-07-25) E | 70.45% | 4.46% | 1.38x |
TSLA | 325.0 | 18.4 | 348.68 | 29 (2025-08-01) E | 66.95% | 5.66% | 1.38x |
TSLA | 345.0 | 31.15 | 348.68 | 39 (2025-08-15) E | 56.70% | 9.03% | 1.38x |
TSLA | 330.0 | 2.61 | 348.68 | 4 (2025-06-27) | 80.46% | 0.79% | 1.38x |
TSLA | 325.0 | 11.27 | 348.68 | 19 (2025-07-18) | 70.17% | 3.47% | 1.38x |
TSLA | 340.0 | 28.63 | 348.68 | 39 (2025-08-15) E | 59.08% | 8.42% | 1.37x |
TSLA | 320.0 | 16.92 | 348.68 | 29 (2025-08-01) E | 69.32% | 5.29% | 1.37x |
TSLA | 320.0 | 7.25 | 348.68 | 14 (2025-07-11) | 75.84% | 2.27% | 1.36x |
TSLA | 315.0 | 12.59 | 348.68 | 24 (2025-07-25) E | 73.10% | 4.00% | 1.35x |
TSLA | 335.0 | 26.0 | 348.68 | 39 (2025-08-15) E | 61.46% | 7.76% | 1.35x |
TSLA | 330.0 | 23.87 | 348.68 | 39 (2025-08-15) E | 63.81% | 7.23% | 1.34x |
TSLA | 315.0 | 14.85 | 348.68 | 29 (2025-08-01) E | 71.90% | 4.71% | 1.34x |
TSLA | 320.0 | 9.6 | 348.68 | 19 (2025-07-18) | 73.51% | 3.00% | 1.34x |
TSLA | 325.0 | 21.8 | 348.68 | 39 (2025-08-15) E | 66.14% | 6.71% | 1.32x |
TSLA | 310.0 | 10.9 | 348.68 | 24 (2025-07-25) E | 75.75% | 3.52% | 1.32x |
TSLA | 327.5 | 2.16 | 348.68 | 4 (2025-06-27) | 83.25% | 0.66% | 1.32x |
TSLA | 310.0 | 13.15 | 348.68 | 29 (2025-08-01) E | 74.31% | 4.24% | 1.31x |
TSLA | 315.0 | 6.0 | 348.68 | 14 (2025-07-11) | 79.22% | 1.90% | 1.31x |
TSLA | 320.0 | 19.75 | 348.68 | 39 (2025-08-15) E | 68.43% | 6.17% | 1.31x |
TSLA | 315.0 | 8.25 | 348.68 | 19 (2025-07-18) | 76.50% | 2.62% | 1.30x |
TSLA | 305.0 | 9.65 | 348.68 | 24 (2025-07-25) E | 78.07% | 3.16% | 1.29x |
TSLA | 315.0 | 17.9 | 348.68 | 39 (2025-08-15) E | 70.66% | 5.68% | 1.29x |
TSLA | 305.0 | 11.82 | 348.68 | 29 (2025-08-01) E | 76.49% | 3.88% | 1.29x |
TSLA | 345.0 | 38.2 | 348.68 | 64 (2025-09-19) E | 57.47% | 11.07% | 1.27x |
TSLA | 310.0 | 16.2 | 348.68 | 39 (2025-08-15) E | 72.84% | 5.23% | 1.27x |
TSLA | 340.0 | 36.0 | 348.68 | 64 (2025-09-19) E | 59.45% | 10.59% | 1.27x |
TSLA | 325.0 | 1.79 | 348.68 | 4 (2025-06-27) | 85.73% | 0.55% | 1.27x |
TSLA | 310.0 | 7.0 | 348.68 | 19 (2025-07-18) | 79.42% | 2.26% | 1.27x |
TSLA | 310.0 | 4.95 | 348.68 | 14 (2025-07-11) | 82.19% | 1.60% | 1.26x |
TSLA | 300.0 | 8.4 | 348.68 | 24 (2025-07-25) E | 80.35% | 2.80% | 1.26x |
TSLA | 335.0 | 33.08 | 348.68 | 64 (2025-09-19) E | 61.37% | 9.87% | 1.26x |
TSLA | 305.0 | 14.7 | 348.68 | 39 (2025-08-15) E | 74.87% | 4.82% | 1.26x |
TSLA | 300.0 | 10.15 | 348.68 | 29 (2025-08-01) E | 78.89% | 3.38% | 1.26x |
TSLA | 330.0 | 30.58 | 348.68 | 64 (2025-09-19) E | 63.32% | 9.27% | 1.25x |
TSLA | 325.0 | 28.2 | 348.68 | 64 (2025-09-19) E | 65.27% | 8.68% | 1.24x |
TSLA | 345.0 | 44.22 | 348.68 | 84 (2025-10-17) E | 58.20% | 12.82% | 1.24x |
TSLA | 300.0 | 12.99 | 348.68 | 39 (2025-08-15) E | 77.01% | 4.33% | 1.24x |
TSLA | 340.0 | 41.49 | 348.68 | 84 (2025-10-17) E | 59.88% | 12.20% | 1.24x |
TSLA | 320.0 | 26.19 | 348.68 | 64 (2025-09-19) E | 67.17% | 8.18% | 1.23x |
TSLA | 305.0 | 5.95 | 348.68 | 19 (2025-07-18) | 81.96% | 1.95% | 1.23x |
TSLA | 315.0 | 24.13 | 348.68 | 64 (2025-09-19) E | 69.06% | 7.66% | 1.23x |
TSLA | 305.0 | 4.05 | 348.68 | 14 (2025-07-11) | 84.91% | 1.33% | 1.22x |
TSLA | 335.0 | 37.74 | 348.68 | 84 (2025-10-17) E | 61.53% | 11.27% | 1.22x |
TSLA | 330.0 | 35.7 | 348.68 | 84 (2025-10-17) E | 63.26% | 10.82% | 1.22x |
TSLA | 310.0 | 22.21 | 348.68 | 64 (2025-09-19) E | 70.92% | 7.16% | 1.22x |
TSLA | 325.0 | 33.15 | 348.68 | 84 (2025-10-17) E | 64.98% | 10.20% | 1.21x |
TSLA | 345.0 | 50.7 | 348.68 | 109 (2025-11-21) E | 59.03% | 14.70% | 1.21x |
TSLA | 320.0 | 31.02 | 348.68 | 84 (2025-10-17) E | 66.68% | 9.69% | 1.21x |
TSLA | 305.0 | 20.4 | 348.68 | 64 (2025-09-19) E | 72.73% | 6.69% | 1.21x |
TSLA | 300.0 | 4.99 | 348.68 | 19 (2025-07-18) | 84.39% | 1.66% | 1.20x |
TSLA | 335.0 | 45.0 | 348.68 | 109 (2025-11-21) E | 61.95% | 13.43% | 1.20x |
TSLA | 315.0 | 28.86 | 348.68 | 84 (2025-10-17) E | 68.37% | 9.16% | 1.20x |
TSLA | 340.0 | 46.09 | 348.68 | 109 (2025-11-21) E | 60.33% | 13.56% | 1.20x |
TSLA | 330.0 | 41.98 | 348.68 | 109 (2025-11-21) E | 63.42% | 12.72% | 1.20x |
TSLA | 300.0 | 18.58 | 348.68 | 64 (2025-09-19) E | 74.54% | 6.19% | 1.19x |
TSLA | 310.0 | 26.8 | 348.68 | 84 (2025-10-17) E | 70.03% | 8.65% | 1.19x |
TSLA | 325.0 | 39.49 | 348.68 | 109 (2025-11-21) E | 64.91% | 12.15% | 1.19x |
TSLA | 300.0 | 3.3 | 348.68 | 14 (2025-07-11) | 87.34% | 1.10% | 1.19x |
TSLA | 305.0 | 24.89 | 348.68 | 84 (2025-10-17) E | 71.67% | 8.16% | 1.19x |
TSLA | 315.0 | 34.85 | 348.68 | 109 (2025-11-21) E | 67.89% | 11.06% | 1.18x |
TSLA | 320.0 | 35.75 | 348.68 | 109 (2025-11-21) E | 66.45% | 11.17% | 1.18x |
TSLA | 310.0 | 32.85 | 348.68 | 109 (2025-11-21) E | 69.34% | 10.60% | 1.18x |
TSLA | 300.0 | 22.83 | 348.68 | 84 (2025-10-17) E | 73.33% | 7.61% | 1.18x |
TSLA | 305.0 | 29.95 | 348.68 | 109 (2025-11-21) E | 70.89% | 9.82% | 1.17x |
TSLA | 300.0 | 28.57 | 348.68 | 109 (2025-11-21) E | 72.25% | 9.52% | 1.17x |