Recommendation: NO
Current Price: $166.05
Total Wheels: 4
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 |
|---|---|---|---|---|---|---|---|
| GOOG | 165.0 | 1.7 | 166.05 | 4 (2025-05-09) | 58.46% | 1.03% | 1.35x |
| GOOG | 165.0 | 2.77 | 166.05 | 9 (2025-05-16) | 56.24% | 1.68% | 1.30x |
| GOOG | 162.5 | 1.9 | 166.05 | 9 (2025-05-16) | 67.19% | 1.17% | 1.24x |
| GOOG | 162.5 | 0.93 | 166.05 | 4 (2025-05-09) | 73.89% | 0.57% | 1.24x |
| GOOG | 165.0 | 3.35 | 166.05 | 14 (2025-05-23) | 55.72% | 2.03% | 1.22x |
| GOOG | 165.0 | 4.2 | 166.05 | 19 (2025-05-30) | 55.25% | 2.55% | 1.20x |
| GOOG | 160.0 | 1.28 | 166.05 | 9 (2025-05-16) | 76.37% | 0.80% | 1.19x |
| GOOG | 160.0 | 2.01 | 166.05 | 14 (2025-05-23) | 72.11% | 1.26% | 1.18x |
| GOOG | 165.0 | 4.38 | 166.05 | 24 (2025-06-06) | 55.21% | 2.65% | 1.17x |
| GOOG | 160.0 | 2.48 | 166.05 | 19 (2025-05-30) | 70.27% | 1.55% | 1.15x |
| GOOG | 165.0 | 4.9 | 166.05 | 29 (2025-06-13) | 55.08% | 2.97% | 1.15x |
| GOOG | 165.0 | 5.7 | 166.05 | 34 (2025-06-20) | 54.93% | 3.45% | 1.15x |
| GOOG | 160.0 | 3.0 | 166.05 | 24 (2025-06-06) | 68.66% | 1.87% | 1.14x |
| GOOG | 157.5 | 0.88 | 166.05 | 9 (2025-05-16) | 83.11% | 0.56% | 1.14x |
| GOOG | 160.0 | 0.48 | 166.05 | 4 (2025-05-09) | 85.01% | 0.30% | 1.14x |
| GOOG | 160.0 | 3.5 | 166.05 | 29 (2025-06-13) | 67.43% | 2.19% | 1.14x |
| GOOG | 160.0 | 3.95 | 166.05 | 34 (2025-06-20) | 66.48% | 2.47% | 1.13x |
| GOOG | 165.0 | 9.6 | 166.05 | 74 (2025-08-15) E | 55.24% | 5.82% | 1.11x |
| GOOG | 165.0 | 7.0 | 166.05 | 54 (2025-07-18) | 54.99% | 4.24% | 1.11x |
| GOOG | 155.0 | 1.09 | 166.05 | 14 (2025-05-23) | 83.65% | 0.70% | 1.11x |
| GOOG | 155.0 | 1.44 | 166.05 | 19 (2025-05-30) | 81.36% | 0.93% | 1.11x |
| GOOG | 155.0 | 2.66 | 166.05 | 34 (2025-06-20) | 75.96% | 1.72% | 1.10x |
| GOOG | 160.0 | 7.25 | 166.05 | 74 (2025-08-15) E | 62.89% | 4.53% | 1.10x |
| GOOG | 155.0 | 2.21 | 166.05 | 29 (2025-06-13) | 77.62% | 1.43% | 1.10x |
| GOOG | 160.0 | 5.08 | 166.05 | 54 (2025-07-18) | 64.83% | 3.18% | 1.10x |
| GOOG | 155.0 | 0.6 | 166.05 | 9 (2025-05-16) | 87.64% | 0.39% | 1.10x |
| GOOG | 155.0 | 1.76 | 166.05 | 24 (2025-06-06) | 79.61% | 1.14% | 1.10x |
| GOOG | 165.0 | 10.89 | 166.05 | 99 (2025-09-19) E | 55.55% | 6.60% | 1.10x |
| GOOG | 155.0 | 5.7 | 166.05 | 74 (2025-08-15) E | 69.75% | 3.68% | 1.09x |
| GOOG | 155.0 | 3.95 | 166.05 | 54 (2025-07-18) | 72.57% | 2.55% | 1.09x |
| GOOG | 160.0 | 8.6 | 166.05 | 99 (2025-09-19) E | 62.28% | 5.37% | 1.09x |
| GOOG | 155.0 | 7.15 | 166.05 | 99 (2025-09-19) E | 68.23% | 4.61% | 1.08x |
| GOOG | 157.5 | 0.27 | 166.05 | 4 (2025-05-09) | 91.26% | 0.17% | 1.08x |
| GOOG | 150.0 | 1.72 | 166.05 | 34 (2025-06-20) | 83.45% | 1.15% | 1.07x |
| GOOG | 152.5 | 0.42 | 166.05 | 9 (2025-05-16) | 91.52% | 0.28% | 1.07x |
| GOOG | 150.0 | 1.14 | 166.05 | 24 (2025-06-06) | 86.57% | 0.76% | 1.07x |
| GOOG | 150.0 | 0.63 | 166.05 | 14 (2025-05-23) | 90.37% | 0.42% | 1.07x |
| GOOG | 150.0 | 5.5 | 166.05 | 99 (2025-09-19) E | 73.97% | 3.67% | 1.07x |
| GOOG | 150.0 | 2.74 | 166.05 | 54 (2025-07-18) | 79.65% | 1.83% | 1.07x |
| GOOG | 150.0 | 0.78 | 166.05 | 19 (2025-05-30) | 89.07% | 0.52% | 1.06x |
| GOOG | 145.0 | 4.35 | 166.05 | 99 (2025-09-19) E | 78.80% | 3.00% | 1.06x |
| GOOG | 150.0 | 0.32 | 166.05 | 9 (2025-05-16) | 93.67% | 0.21% | 1.06x |
| GOOG | 145.0 | 1.24 | 166.05 | 34 (2025-06-20) | 88.12% | 0.86% | 1.06x |
| GOOG | 147.0 | 0.3 | 166.05 | 9 (2025-05-16) | 94.19% | 0.20% | 1.06x |
| GOOG | 145.0 | 1.97 | 166.05 | 54 (2025-07-18) | 84.95% | 1.36% | 1.06x |
| GOOG | 140.0 | 3.42 | 166.05 | 99 (2025-09-19) E | 82.90% | 2.44% | 1.05x |
| GOOG | 155.0 | 0.16 | 166.05 | 4 (2025-05-09) | 94.82% | 0.10% | 1.05x |
| GOOG | 145.0 | 0.54 | 166.05 | 19 (2025-05-30) | 92.74% | 0.37% | 1.05x |
| GOOG | 135.0 | 1.99 | 166.05 | 74 (2025-08-15) E | 88.24% | 1.47% | 1.04x |
| GOOG | 135.0 | 2.7 | 166.05 | 99 (2025-09-19) E | 86.18% | 2.00% | 1.04x |
| GOOG | 140.0 | 0.89 | 166.05 | 34 (2025-06-20) | 91.53% | 0.64% | 1.04x |
| GOOG | 140.0 | 1.46 | 166.05 | 54 (2025-07-18) | 88.76% | 1.04% | 1.04x |
| GOOG | 140.0 | 0.68 | 166.05 | 29 (2025-06-13) | 92.80% | 0.49% | 1.04x |
| GOOG | 152.5 | 0.12 | 166.05 | 4 (2025-05-09) | 96.39% | 0.08% | 1.04x |
| GOOG | 140.0 | 0.52 | 166.05 | 24 (2025-06-06) | 93.97% | 0.37% | 1.04x |
| GOOG | 135.0 | 1.1 | 166.05 | 54 (2025-07-18) | 91.49% | 0.81% | 1.04x |
| GOOG | 140.0 | 0.38 | 166.05 | 19 (2025-05-30) | 95.09% | 0.27% | 1.03x |
| GOOG | 135.0 | 0.65 | 166.05 | 34 (2025-06-20) | 93.91% | 0.48% | 1.03x |
| GOOG | 125.0 | 1.75 | 166.05 | 99 (2025-09-19) E | 91.12% | 1.40% | 1.03x |
| GOOG | 140.0 | 0.26 | 166.05 | 14 (2025-05-23) | 96.16% | 0.19% | 1.03x |
| GOOG | 130.0 | 0.85 | 166.05 | 54 (2025-07-18) | 93.61% | 0.65% | 1.03x |
| GOOG | 120.0 | 1.35 | 166.05 | 99 (2025-09-19) E | 93.05% | 1.13% | 1.03x |
| GOOG | 130.0 | 0.41 | 166.05 | 29 (2025-06-13) | 96.05% | 0.32% | 1.03x |
| GOOG | 135.0 | 0.2 | 166.05 | 14 (2025-05-23) | 97.67% | 0.15% | 1.03x |
| GOOG | 135.0 | 0.26 | 166.05 | 19 (2025-05-30) | 96.72% | 0.19% | 1.02x |
| GOOG | 125.0 | 0.42 | 166.05 | 34 (2025-06-20) | 96.39% | 0.34% | 1.02x |
| GOOG | 150.0 | 0.07 | 166.05 | 4 (2025-05-09) | 97.81% | 0.05% | 1.02x |
| GOOG | 125.0 | 0.64 | 166.05 | 54 (2025-07-18) | 95.21% | 0.51% | 1.02x |
| GOOG | 130.0 | 0.15 | 166.05 | 14 (2025-05-23) | 98.05% | 0.12% | 1.02x |
| GOOG | 130.0 | 0.2 | 166.05 | 19 (2025-05-30) | 97.87% | 0.15% | 1.02x |
| GOOG | 149.0 | 0.06 | 166.05 | 4 (2025-05-09) | 98.06% | 0.04% | 1.02x |
| GOOG | 120.0 | 0.31 | 166.05 | 34 (2025-06-20) | 97.38% | 0.26% | 1.02x |
| GOOG | 148.0 | 0.05 | 166.05 | 4 (2025-05-09) | 98.43% | 0.03% | 1.02x |
| GOOG | 147.0 | 0.04 | 166.05 | 4 (2025-05-09) | 98.74% | 0.03% | 1.01x |
| GOOG | 120.0 | 0.08 | 166.05 | 14 (2025-05-23) | 99.03% | 0.07% | 1.01x |