Recommendation: ST
Current Price: $269.48
Total Wheels: 15
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 |
|---|---|---|---|---|---|---|---|
| AAPL | 267.5 | 2.3 | 269.48 | 5 (2026-02-09) | 60.55% | 0.86% | 1.30x |
| AAPL | 267.5 | 2.99 | 269.48 | 7 (2026-02-11) | 58.90% | 1.12% | 1.27x |
| AAPL | 267.5 | 3.5 | 269.48 | 9 (2026-02-13) | 58.11% | 1.31% | 1.24x |
| AAPL | 267.5 | 1.79 | 269.48 | 4 (2026-02-06) | 62.25% | 0.67% | 1.23x |
| AAPL | 265.0 | 1.51 | 269.48 | 5 (2026-02-09) | 71.33% | 0.57% | 1.23x |
| AAPL | 265.0 | 2.62 | 269.48 | 9 (2026-02-13) | 66.31% | 0.99% | 1.20x |
| AAPL | 265.0 | 1.95 | 269.48 | 7 (2026-02-11) | 68.95% | 0.74% | 1.20x |
| AAPL | 267.5 | 4.45 | 269.48 | 14 (2026-02-20) | 57.08% | 1.66% | 1.19x |
| AAPL | 265.0 | 3.5 | 269.48 | 14 (2026-02-20) | 63.98% | 1.32% | 1.16x |
| AAPL | 265.0 | 1.05 | 269.48 | 4 (2026-02-06) | 74.85% | 0.40% | 1.16x |
| AAPL | 262.5 | 0.96 | 269.48 | 5 (2026-02-09) | 80.17% | 0.37% | 1.16x |
| AAPL | 265.0 | 4.45 | 269.48 | 19 (2026-02-27) | 62.32% | 1.68% | 1.15x |
| AAPL | 262.5 | 2.7 | 269.48 | 14 (2026-02-20) | 70.59% | 1.03% | 1.14x |
| AAPL | 265.0 | 5.25 | 269.48 | 24 (2026-03-06) | 61.30% | 1.98% | 1.14x |
| AAPL | 260.0 | 1.42 | 269.48 | 9 (2026-02-13) | 79.57% | 0.55% | 1.13x |
| AAPL | 265.0 | 5.95 | 269.48 | 29 (2026-03-13) | 60.62% | 2.25% | 1.12x |
| AAPL | 260.0 | 1.03 | 269.48 | 7 (2026-02-11) | 82.38% | 0.40% | 1.12x |
| AAPL | 265.0 | 6.65 | 269.48 | 34 (2026-03-20) | 60.08% | 2.51% | 1.12x |
| AAPL | 260.0 | 3.0 | 269.48 | 19 (2026-02-27) | 72.71% | 1.15% | 1.12x |
| AAPL | 260.0 | 2.0 | 269.48 | 14 (2026-02-20) | 76.25% | 0.77% | 1.11x |
| AAPL | 267.5 | 0.8 | 269.48 | 2 (2026-02-04) | 69.89% | 0.30% | 1.11x |
| AAPL | 260.0 | 3.7 | 269.48 | 24 (2026-03-06) | 70.77% | 1.42% | 1.11x |
| AAPL | 260.0 | 0.6 | 269.48 | 5 (2026-02-09) | 87.27% | 0.23% | 1.11x |
| AAPL | 260.0 | 4.35 | 269.48 | 29 (2026-03-13) | 69.29% | 1.67% | 1.11x |
| AAPL | 262.5 | 0.61 | 269.48 | 4 (2026-02-06) | 84.14% | 0.23% | 1.10x |
| AAPL | 260.0 | 5.0 | 269.48 | 34 (2026-03-20) | 68.14% | 1.92% | 1.10x |
| AAPL | 257.5 | 1.04 | 269.48 | 9 (2026-02-13) | 84.39% | 0.40% | 1.10x |
| AAPL | 257.5 | 1.6 | 269.48 | 14 (2026-02-20) | 80.75% | 0.62% | 1.09x |
| AAPL | 257.5 | 0.71 | 269.48 | 7 (2026-02-11) | 87.31% | 0.28% | 1.09x |
| AAPL | 255.0 | 1.97 | 269.48 | 19 (2026-02-27) | 80.76% | 0.77% | 1.09x |
| AAPL | 255.0 | 3.15 | 269.48 | 29 (2026-03-13) | 76.58% | 1.24% | 1.09x |
| AAPL | 255.0 | 3.75 | 269.48 | 34 (2026-03-20) | 75.00% | 1.47% | 1.08x |
| AAPL | 255.0 | 2.49 | 269.48 | 24 (2026-03-06) | 78.71% | 0.98% | 1.08x |
| AAPL | 255.0 | 1.32 | 269.48 | 14 (2026-02-20) | 84.13% | 0.52% | 1.08x |
| AAPL | 255.0 | 0.76 | 269.48 | 9 (2026-02-13) | 88.22% | 0.30% | 1.08x |
| AAPL | 250.0 | 2.78 | 269.48 | 34 (2026-03-20) | 80.70% | 1.11% | 1.07x |
| AAPL | 250.0 | 1.78 | 269.48 | 24 (2026-03-06) | 84.38% | 0.71% | 1.06x |
| AAPL | 252.5 | 1.0 | 269.48 | 14 (2026-02-20) | 87.52% | 0.40% | 1.06x |
| AAPL | 260.0 | 0.35 | 269.48 | 4 (2026-02-06) | 90.28% | 0.13% | 1.06x |
| AAPL | 250.0 | 1.3 | 269.48 | 19 (2026-02-27) | 86.68% | 0.52% | 1.06x |
| AAPL | 245.0 | 2.0 | 269.48 | 34 (2026-03-20) | 85.45% | 0.82% | 1.05x |
| AAPL | 245.0 | 1.67 | 269.48 | 29 (2026-03-13) | 86.78% | 0.68% | 1.05x |
| AAPL | 265.0 | 0.3 | 269.48 | 2 (2026-02-04) | 85.67% | 0.11% | 1.05x |
| AAPL | 245.0 | 1.26 | 269.48 | 24 (2026-03-06) | 88.69% | 0.51% | 1.05x |
| AAPL | 247.5 | 0.65 | 269.48 | 14 (2026-02-20) | 91.78% | 0.26% | 1.04x |
| AAPL | 240.0 | 1.56 | 269.48 | 34 (2026-03-20) | 88.67% | 0.65% | 1.04x |
| AAPL | 257.5 | 0.22 | 269.48 | 4 (2026-02-06) | 93.81% | 0.09% | 1.04x |
| AAPL | 240.0 | 1.22 | 269.48 | 29 (2026-03-13) | 90.16% | 0.51% | 1.04x |
| AAPL | 247.5 | 0.34 | 269.48 | 9 (2026-02-13) | 94.58% | 0.14% | 1.04x |
| AAPL | 245.0 | 0.53 | 269.48 | 14 (2026-02-20) | 93.29% | 0.22% | 1.04x |
| AAPL | 240.0 | 0.9 | 269.48 | 24 (2026-03-06) | 91.80% | 0.38% | 1.04x |
| AAPL | 235.0 | 1.19 | 269.48 | 34 (2026-03-20) | 91.31% | 0.51% | 1.03x |
| AAPL | 235.0 | 0.91 | 269.48 | 29 (2026-03-13) | 92.63% | 0.39% | 1.03x |
| AAPL | 240.0 | 0.6 | 269.48 | 19 (2026-02-27) | 93.72% | 0.25% | 1.03x |
| AAPL | 245.0 | 0.28 | 269.48 | 9 (2026-02-13) | 95.65% | 0.11% | 1.03x |
| AAPL | 235.0 | 0.65 | 269.48 | 24 (2026-03-06) | 94.07% | 0.28% | 1.03x |
| AAPL | 230.0 | 0.9 | 269.48 | 34 (2026-03-20) | 93.32% | 0.39% | 1.03x |
| AAPL | 255.0 | 0.14 | 269.48 | 4 (2026-02-06) | 96.10% | 0.05% | 1.03x |
| AAPL | 230.0 | 0.69 | 269.48 | 29 (2026-03-13) | 94.40% | 0.30% | 1.02x |
| AAPL | 225.0 | 0.69 | 269.48 | 34 (2026-03-20) | 94.92% | 0.31% | 1.02x |
| AAPL | 262.5 | 0.11 | 269.48 | 2 (2026-02-04) | 94.41% | 0.04% | 1.02x |
| AAPL | 225.0 | 0.53 | 269.48 | 29 (2026-03-13) | 95.74% | 0.24% | 1.02x |
| AAPL | 252.5 | 0.1 | 269.48 | 4 (2026-02-06) | 97.77% | 0.04% | 1.02x |
| AAPL | 230.0 | 0.32 | 269.48 | 19 (2026-02-27) | 96.70% | 0.14% | 1.02x |
| AAPL | 225.0 | 0.37 | 269.48 | 24 (2026-03-06) | 96.68% | 0.16% | 1.02x |
| AAPL | 225.0 | 0.25 | 269.48 | 19 (2026-02-27) | 97.49% | 0.11% | 1.01x |
| AAPL | 247.5 | 0.07 | 269.48 | 4 (2026-02-06) | 98.23% | 0.03% | 1.01x |
| AAPL | 260.0 | 0.05 | 269.48 | 2 (2026-02-04) | 97.24% | 0.02% | 1.01x |
| AAPL | 255.0 | 0.02 | 269.48 | 2 (2026-02-04) | 99.18% | 0.01% | 1.00x |
| AAPL | 245.0 | 0.01 | 269.48 | 2 (2026-02-04) | 99.71% | 0.00% | 1.00x |
| AAPL | 247.5 | 0.01 | 269.48 | 2 (2026-02-04) | 99.65% | 0.00% | 1.00x |