Recommendation: HV
Current Price: $383.03
Total Wheels: 23
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 | 382.5 | 7.45 | 383.03 | 5 (2026-03-30) | 52.21% | 1.95% | 1.67x |
| TSLA | 380.0 | 6.4 | 383.03 | 5 (2026-03-30) | 57.25% | 1.68% | 1.62x |
| TSLA | 377.5 | 5.5 | 383.03 | 5 (2026-03-30) | 62.00% | 1.46% | 1.57x |
| TSLA | 382.5 | 9.05 | 383.03 | 7 (2026-04-01) | 52.25% | 2.37% | 1.56x |
| TSLA | 382.5 | 10.2 | 383.03 | 8 (2026-04-02) | 52.30% | 2.67% | 1.55x |
| TSLA | 380.0 | 8.0 | 383.03 | 7 (2026-04-01) | 56.43% | 2.11% | 1.53x |
| TSLA | 375.0 | 4.75 | 383.03 | 5 (2026-03-30) | 66.34% | 1.27% | 1.52x |
| TSLA | 380.0 | 9.1 | 383.03 | 8 (2026-04-02) | 56.05% | 2.39% | 1.52x |
| TSLA | 382.5 | 5.95 | 383.03 | 4 (2026-03-27) | 52.27% | 1.56% | 1.50x |
| TSLA | 377.5 | 7.05 | 383.03 | 7 (2026-04-01) | 60.44% | 1.87% | 1.50x |
| TSLA | 377.5 | 8.1 | 383.03 | 8 (2026-04-02) | 59.70% | 2.15% | 1.49x |
| TSLA | 375.0 | 6.35 | 383.03 | 7 (2026-04-01) | 64.05% | 1.69% | 1.47x |
| TSLA | 375.0 | 7.25 | 383.03 | 8 (2026-04-02) | 63.10% | 1.93% | 1.47x |
| TSLA | 372.5 | 4.0 | 383.03 | 5 (2026-03-30) | 70.47% | 1.07% | 1.46x |
| TSLA | 380.0 | 4.85 | 383.03 | 4 (2026-03-27) | 58.56% | 1.28% | 1.46x |
| TSLA | 372.5 | 6.5 | 383.03 | 8 (2026-04-02) | 66.32% | 1.74% | 1.44x |
| TSLA | 372.5 | 5.5 | 383.03 | 7 (2026-04-01) | 67.75% | 1.48% | 1.43x |
| TSLA | 370.0 | 3.45 | 383.03 | 5 (2026-03-30) | 74.14% | 0.93% | 1.42x |
| TSLA | 377.5 | 4.0 | 383.03 | 4 (2026-03-27) | 64.45% | 1.06% | 1.41x |
| TSLA | 370.0 | 5.8 | 383.03 | 8 (2026-04-02) | 69.32% | 1.57% | 1.41x |
| TSLA | 370.0 | 4.9 | 383.03 | 7 (2026-04-01) | 70.83% | 1.32% | 1.40x |
| TSLA | 380.0 | 12.0 | 383.03 | 14 (2026-04-10) | 55.49% | 3.16% | 1.37x |
| TSLA | 375.0 | 3.35 | 383.03 | 4 (2026-03-27) | 69.44% | 0.89% | 1.37x |
| TSLA | 367.5 | 2.93 | 383.03 | 5 (2026-03-30) | 77.49% | 0.80% | 1.36x |
| TSLA | 367.5 | 4.3 | 383.03 | 7 (2026-04-01) | 73.81% | 1.17% | 1.36x |
| TSLA | 375.0 | 10.15 | 383.03 | 14 (2026-04-10) | 61.07% | 2.71% | 1.34x |
| TSLA | 365.0 | 4.55 | 383.03 | 8 (2026-04-02) | 74.94% | 1.25% | 1.34x |
| TSLA | 365.0 | 3.75 | 383.03 | 7 (2026-04-01) | 76.73% | 1.03% | 1.33x |
| TSLA | 365.0 | 2.52 | 383.03 | 5 (2026-03-30) | 80.37% | 0.69% | 1.32x |
| TSLA | 370.0 | 8.5 | 383.03 | 14 (2026-04-10) | 66.29% | 2.30% | 1.31x |
| TSLA | 380.0 | 14.2 | 383.03 | 19 (2026-04-17) | 55.31% | 3.74% | 1.31x |
| TSLA | 372.5 | 2.7 | 383.03 | 4 (2026-03-27) | 74.27% | 0.72% | 1.31x |
| TSLA | 380.0 | 17.75 | 383.03 | 24 (2026-04-24) | 55.22% | 4.67% | 1.31x |
| TSLA | 375.0 | 12.25 | 383.03 | 19 (2026-04-17) | 60.17% | 3.27% | 1.29x |
| TSLA | 375.0 | 15.7 | 383.03 | 24 (2026-04-24) | 59.23% | 4.19% | 1.29x |
| TSLA | 360.0 | 3.6 | 383.03 | 8 (2026-04-02) | 79.65% | 1.00% | 1.28x |
| TSLA | 365.0 | 7.15 | 383.03 | 14 (2026-04-10) | 70.88% | 1.96% | 1.28x |
| TSLA | 380.0 | 19.8 | 383.03 | 29 (2026-05-01) | 55.27% | 5.21% | 1.28x |
| TSLA | 370.0 | 13.85 | 383.03 | 24 (2026-04-24) | 63.06% | 3.74% | 1.28x |
| TSLA | 362.5 | 2.12 | 383.03 | 5 (2026-03-30) | 83.07% | 0.58% | 1.28x |
| TSLA | 370.0 | 10.55 | 383.03 | 19 (2026-04-17) | 64.71% | 2.85% | 1.27x |
| TSLA | 375.0 | 17.85 | 383.03 | 29 (2026-05-01) | 58.89% | 4.76% | 1.27x |
| TSLA | 360.0 | 2.92 | 383.03 | 7 (2026-04-01) | 81.43% | 0.81% | 1.27x |
| TSLA | 370.0 | 2.21 | 383.03 | 4 (2026-03-27) | 78.34% | 0.60% | 1.27x |
| TSLA | 365.0 | 12.2 | 383.03 | 24 (2026-04-24) | 66.66% | 3.34% | 1.26x |
| TSLA | 370.0 | 15.8 | 383.03 | 29 (2026-05-01) | 62.42% | 4.27% | 1.26x |
| TSLA | 365.0 | 9.05 | 383.03 | 19 (2026-04-17) | 68.91% | 2.48% | 1.25x |
| TSLA | 360.0 | 5.95 | 383.03 | 14 (2026-04-10) | 75.08% | 1.65% | 1.25x |
| TSLA | 365.0 | 14.1 | 383.03 | 29 (2026-05-01) | 65.73% | 3.86% | 1.24x |
| TSLA | 360.0 | 10.7 | 383.03 | 24 (2026-04-24) | 70.10% | 2.97% | 1.24x |
| TSLA | 360.0 | 1.8 | 383.03 | 5 (2026-03-30) | 85.46% | 0.50% | 1.24x |
| TSLA | 380.0 | 23.1 | 383.03 | 39 (2026-05-15) | 55.44% | 6.08% | 1.24x |
| TSLA | 355.0 | 2.86 | 383.03 | 8 (2026-04-02) | 83.44% | 0.81% | 1.23x |
| TSLA | 375.0 | 20.95 | 383.03 | 39 (2026-05-15) | 58.60% | 5.59% | 1.23x |
| TSLA | 360.0 | 12.55 | 383.03 | 29 (2026-05-01) | 68.87% | 3.49% | 1.23x |
| TSLA | 360.0 | 7.75 | 383.03 | 19 (2026-04-17) | 72.75% | 2.15% | 1.23x |
| TSLA | 355.0 | 9.4 | 383.03 | 24 (2026-04-24) | 73.20% | 2.65% | 1.22x |
| TSLA | 367.5 | 1.8 | 383.03 | 4 (2026-03-27) | 81.75% | 0.49% | 1.22x |
| TSLA | 370.0 | 18.9 | 383.03 | 39 (2026-05-15) | 61.69% | 5.11% | 1.22x |
| TSLA | 355.0 | 4.95 | 383.03 | 14 (2026-04-10) | 78.79% | 1.39% | 1.22x |
| TSLA | 355.0 | 11.15 | 383.03 | 29 (2026-05-01) | 71.82% | 3.14% | 1.21x |
| TSLA | 365.0 | 17.05 | 383.03 | 39 (2026-05-15) | 64.65% | 4.67% | 1.21x |
| TSLA | 380.0 | 2.23 | 383.03 | 2 (2026-03-25) | 63.86% | 0.59% | 1.21x |
| TSLA | 355.0 | 6.65 | 383.03 | 19 (2026-04-17) | 76.20% | 1.87% | 1.21x |
| TSLA | 350.0 | 8.25 | 383.03 | 24 (2026-04-24) | 76.08% | 2.36% | 1.21x |
| TSLA | 360.0 | 15.35 | 383.03 | 39 (2026-05-15) | 67.50% | 4.26% | 1.20x |
| TSLA | 350.0 | 9.9 | 383.03 | 29 (2026-05-01) | 74.55% | 2.83% | 1.20x |
| TSLA | 350.0 | 2.25 | 383.03 | 8 (2026-04-02) | 86.70% | 0.64% | 1.19x |
| TSLA | 355.0 | 13.8 | 383.03 | 39 (2026-05-15) | 70.19% | 3.89% | 1.19x |
| TSLA | 350.0 | 4.1 | 383.03 | 14 (2026-04-10) | 81.95% | 1.17% | 1.19x |
| TSLA | 345.0 | 7.2 | 383.03 | 24 (2026-04-24) | 78.73% | 2.09% | 1.19x |
| TSLA | 365.0 | 1.44 | 383.03 | 4 (2026-03-27) | 85.06% | 0.39% | 1.18x |
| TSLA | 350.0 | 5.65 | 383.03 | 19 (2026-04-17) | 79.35% | 1.61% | 1.18x |
| TSLA | 345.0 | 8.75 | 383.03 | 29 (2026-05-01) | 77.12% | 2.54% | 1.18x |
| TSLA | 350.0 | 12.35 | 383.03 | 39 (2026-05-15) | 72.79% | 3.53% | 1.18x |
| TSLA | 340.0 | 6.35 | 383.03 | 24 (2026-04-24) | 81.08% | 1.87% | 1.17x |
| TSLA | 340.0 | 7.75 | 383.03 | 29 (2026-05-01) | 79.46% | 2.28% | 1.17x |
| TSLA | 345.0 | 11.05 | 383.03 | 39 (2026-05-15) | 75.22% | 3.20% | 1.17x |
| TSLA | 345.0 | 4.85 | 383.03 | 19 (2026-04-17) | 82.04% | 1.41% | 1.16x |
| TSLA | 377.5 | 1.54 | 383.03 | 2 (2026-03-25) | 73.11% | 0.41% | 1.16x |
| TSLA | 345.0 | 3.4 | 383.03 | 14 (2026-04-10) | 84.93% | 0.99% | 1.16x |
| TSLA | 362.5 | 1.22 | 383.03 | 4 (2026-03-27) | 87.30% | 0.34% | 1.16x |
| TSLA | 340.0 | 9.9 | 383.03 | 39 (2026-05-15) | 77.47% | 2.91% | 1.16x |
| TSLA | 335.0 | 5.55 | 383.03 | 24 (2026-04-24) | 83.26% | 1.66% | 1.15x |
| TSLA | 335.0 | 6.8 | 383.03 | 29 (2026-05-01) | 81.72% | 2.03% | 1.15x |
| TSLA | 340.0 | 4.15 | 383.03 | 19 (2026-04-17) | 84.46% | 1.22% | 1.15x |
| TSLA | 335.0 | 8.85 | 383.03 | 39 (2026-05-15) | 79.57% | 2.64% | 1.14x |
| TSLA | 340.0 | 2.83 | 383.03 | 14 (2026-04-10) | 87.24% | 0.83% | 1.14x |
| TSLA | 335.0 | 3.5 | 383.03 | 19 (2026-04-17) | 86.73% | 1.04% | 1.13x |
| TSLA | 360.0 | 0.93 | 383.03 | 4 (2026-03-27) | 89.93% | 0.26% | 1.12x |
| TSLA | 335.0 | 2.33 | 383.03 | 14 (2026-04-10) | 89.32% | 0.70% | 1.12x |
| TSLA | 375.0 | 1.0 | 383.03 | 2 (2026-03-25) | 80.96% | 0.27% | 1.11x |
| TSLA | 372.5 | 0.64 | 383.03 | 2 (2026-03-25) | 86.96% | 0.17% | 1.08x |
| TSLA | 370.0 | 0.42 | 383.03 | 2 (2026-03-25) | 91.07% | 0.11% | 1.05x |
| TSLA | 367.5 | 0.28 | 383.03 | 2 (2026-03-25) | 93.85% | 0.08% | 1.04x |
| TSLA | 365.0 | 0.19 | 383.03 | 2 (2026-03-25) | 95.79% | 0.05% | 1.03x |
| TSLA | 362.5 | 0.14 | 383.03 | 2 (2026-03-25) | 96.96% | 0.04% | 1.02x |