Recommendation: ST
Current Price: $201.50
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 | 200.0 | 1.42 | 201.50 | 4 (2025-06-27) | 61.89% | 0.71% | 1.25x |
| AAPL | 200.0 | 2.38 | 201.50 | 8 (2025-07-03) | 58.65% | 1.19% | 1.24x |
| AAPL | 197.5 | 1.58 | 201.50 | 8 (2025-07-03) | 69.96% | 0.80% | 1.19x |
| AAPL | 200.0 | 3.37 | 201.50 | 14 (2025-07-11) | 57.08% | 1.69% | 1.19x |
| AAPL | 200.0 | 4.2 | 201.50 | 19 (2025-07-18) | 56.33% | 2.10% | 1.17x |
| AAPL | 197.5 | 0.77 | 201.50 | 4 (2025-06-27) | 76.86% | 0.39% | 1.16x |
| AAPL | 200.0 | 6.3 | 201.50 | 29 (2025-08-01) E | 55.48% | 3.15% | 1.16x |
| AAPL | 200.0 | 4.88 | 201.50 | 24 (2025-07-25) | 55.97% | 2.44% | 1.15x |
| AAPL | 195.0 | 1.05 | 201.50 | 8 (2025-07-03) | 78.77% | 0.54% | 1.14x |
| AAPL | 200.0 | 7.45 | 201.50 | 39 (2025-08-15) E | 55.34% | 3.72% | 1.14x |
| AAPL | 195.0 | 4.48 | 201.50 | 29 (2025-08-01) E | 65.86% | 2.30% | 1.14x |
| AAPL | 195.0 | 1.85 | 201.50 | 14 (2025-07-11) | 73.47% | 0.95% | 1.13x |
| AAPL | 195.0 | 2.53 | 201.50 | 19 (2025-07-18) | 70.60% | 1.30% | 1.13x |
| AAPL | 195.0 | 5.61 | 201.50 | 39 (2025-08-15) E | 64.32% | 2.88% | 1.13x |
| AAPL | 195.0 | 3.1 | 201.50 | 24 (2025-07-25) | 68.78% | 1.59% | 1.12x |
| AAPL | 190.0 | 3.13 | 201.50 | 29 (2025-08-01) E | 74.61% | 1.65% | 1.11x |
| AAPL | 200.0 | 9.4 | 201.50 | 64 (2025-09-19) E | 55.41% | 4.70% | 1.11x |
| AAPL | 190.0 | 4.15 | 201.50 | 39 (2025-08-15) E | 72.15% | 2.18% | 1.11x |
| AAPL | 192.5 | 0.68 | 201.50 | 8 (2025-07-03) | 85.43% | 0.35% | 1.10x |
| AAPL | 195.0 | 7.5 | 201.50 | 64 (2025-09-19) E | 62.74% | 3.85% | 1.10x |
| AAPL | 195.0 | 0.41 | 201.50 | 4 (2025-06-27) | 86.76% | 0.21% | 1.10x |
| AAPL | 200.0 | 10.85 | 201.50 | 84 (2025-10-17) E | 55.57% | 5.42% | 1.09x |
| AAPL | 190.0 | 2.02 | 201.50 | 24 (2025-07-25) | 78.56% | 1.06% | 1.09x |
| AAPL | 190.0 | 1.55 | 201.50 | 19 (2025-07-18) | 80.88% | 0.82% | 1.09x |
| AAPL | 190.0 | 5.85 | 201.50 | 64 (2025-09-19) E | 69.42% | 3.08% | 1.09x |
| AAPL | 185.0 | 3.05 | 201.50 | 39 (2025-08-15) E | 78.65% | 1.65% | 1.09x |
| AAPL | 195.0 | 8.82 | 201.50 | 84 (2025-10-17) E | 62.06% | 4.52% | 1.09x |
| AAPL | 185.0 | 2.18 | 201.50 | 29 (2025-08-01) E | 81.49% | 1.18% | 1.09x |
| AAPL | 200.0 | 12.65 | 201.50 | 109 (2025-11-21) E | 55.83% | 6.33% | 1.08x |
| AAPL | 190.0 | 1.0 | 201.50 | 14 (2025-07-11) | 84.79% | 0.53% | 1.08x |
| AAPL | 195.0 | 10.7 | 201.50 | 109 (2025-11-21) E | 61.42% | 5.49% | 1.08x |
| AAPL | 190.0 | 7.13 | 201.50 | 84 (2025-10-17) E | 68.04% | 3.75% | 1.08x |
| AAPL | 185.0 | 4.72 | 201.50 | 64 (2025-09-19) E | 74.94% | 2.55% | 1.08x |
| AAPL | 190.0 | 8.95 | 201.50 | 109 (2025-11-21) E | 66.65% | 4.71% | 1.07x |
| AAPL | 185.0 | 5.85 | 201.50 | 84 (2025-10-17) E | 73.22% | 3.16% | 1.07x |
| AAPL | 190.0 | 0.46 | 201.50 | 8 (2025-07-03) | 89.95% | 0.24% | 1.07x |
| AAPL | 180.0 | 2.21 | 201.50 | 39 (2025-08-15) E | 83.92% | 1.23% | 1.07x |
| AAPL | 180.0 | 1.54 | 201.50 | 29 (2025-08-01) E | 86.63% | 0.86% | 1.07x |
| AAPL | 185.0 | 7.24 | 201.50 | 109 (2025-11-21) E | 71.63% | 3.91% | 1.07x |
| AAPL | 180.0 | 3.66 | 201.50 | 64 (2025-09-19) E | 79.89% | 2.03% | 1.07x |
| AAPL | 185.0 | 1.29 | 201.50 | 24 (2025-07-25) | 85.69% | 0.70% | 1.06x |
| AAPL | 180.0 | 4.71 | 201.50 | 84 (2025-10-17) E | 77.85% | 2.62% | 1.06x |
| AAPL | 185.0 | 0.94 | 201.50 | 19 (2025-07-18) | 87.95% | 0.51% | 1.06x |
| AAPL | 180.0 | 6.15 | 201.50 | 109 (2025-11-21) E | 75.73% | 3.42% | 1.06x |
| AAPL | 192.5 | 0.23 | 201.50 | 4 (2025-06-27) | 92.33% | 0.12% | 1.06x |
| AAPL | 175.0 | 5.1 | 201.50 | 109 (2025-11-21) E | 79.50% | 2.91% | 1.05x |
| AAPL | 175.0 | 2.8 | 201.50 | 64 (2025-09-19) E | 84.05% | 1.60% | 1.05x |
| AAPL | 175.0 | 1.6 | 201.50 | 39 (2025-08-15) E | 88.03% | 0.91% | 1.05x |
| AAPL | 175.0 | 3.7 | 201.50 | 84 (2025-10-17) E | 81.95% | 2.11% | 1.05x |
| AAPL | 187.5 | 0.32 | 201.50 | 8 (2025-07-03) | 92.96% | 0.17% | 1.05x |
| AAPL | 185.0 | 0.55 | 201.50 | 14 (2025-07-11) | 91.18% | 0.30% | 1.05x |
| AAPL | 180.0 | 0.9 | 201.50 | 24 (2025-07-25) | 90.39% | 0.50% | 1.05x |
| AAPL | 175.0 | 1.04 | 201.50 | 29 (2025-08-01) E | 90.60% | 0.59% | 1.05x |
| AAPL | 170.0 | 4.15 | 201.50 | 109 (2025-11-21) E | 82.88% | 2.44% | 1.05x |
| AAPL | 170.0 | 3.0 | 201.50 | 84 (2025-10-17) E | 85.21% | 1.76% | 1.05x |
| AAPL | 170.0 | 2.2 | 201.50 | 64 (2025-09-19) E | 87.37% | 1.29% | 1.05x |
| AAPL | 170.0 | 1.21 | 201.50 | 39 (2025-08-15) E | 90.92% | 0.71% | 1.04x |
| AAPL | 165.0 | 3.43 | 201.50 | 109 (2025-11-21) E | 85.70% | 2.08% | 1.04x |
| AAPL | 180.0 | 0.6 | 201.50 | 19 (2025-07-18) | 92.16% | 0.33% | 1.04x |
| AAPL | 190.0 | 0.15 | 201.50 | 4 (2025-06-27) | 95.19% | 0.08% | 1.04x |
| AAPL | 185.0 | 0.23 | 201.50 | 8 (2025-07-03) | 94.94% | 0.12% | 1.04x |
| AAPL | 165.0 | 1.69 | 201.50 | 64 (2025-09-19) E | 90.11% | 1.02% | 1.04x |
| AAPL | 160.0 | 2.83 | 201.50 | 109 (2025-11-21) E | 88.10% | 1.77% | 1.04x |
| AAPL | 170.0 | 0.75 | 201.50 | 29 (2025-08-01) E | 93.24% | 0.44% | 1.04x |
| AAPL | 175.0 | 0.59 | 201.50 | 24 (2025-07-25) | 93.37% | 0.34% | 1.03x |
| AAPL | 160.0 | 1.92 | 201.50 | 84 (2025-10-17) E | 90.35% | 1.20% | 1.03x |
| AAPL | 165.0 | 0.84 | 201.50 | 39 (2025-08-15) E | 93.48% | 0.51% | 1.03x |
| AAPL | 160.0 | 1.35 | 201.50 | 64 (2025-09-19) E | 92.12% | 0.84% | 1.03x |
| AAPL | 180.0 | 0.32 | 201.50 | 14 (2025-07-11) | 94.79% | 0.18% | 1.03x |
| AAPL | 182.5 | 0.18 | 201.50 | 8 (2025-07-03) | 96.14% | 0.10% | 1.03x |
| AAPL | 175.0 | 0.39 | 201.50 | 19 (2025-07-18) | 94.97% | 0.22% | 1.03x |
| AAPL | 165.0 | 0.56 | 201.50 | 29 (2025-08-01) E | 95.03% | 0.34% | 1.03x |
| AAPL | 155.0 | 1.53 | 201.50 | 84 (2025-10-17) E | 92.24% | 0.99% | 1.03x |
| AAPL | 187.5 | 0.1 | 201.50 | 4 (2025-06-27) | 96.28% | 0.05% | 1.03x |
| AAPL | 155.0 | 1.05 | 201.50 | 64 (2025-09-19) E | 93.85% | 0.68% | 1.03x |
| AAPL | 160.0 | 0.62 | 201.50 | 39 (2025-08-15) E | 95.19% | 0.39% | 1.02x |
| AAPL | 180.0 | 0.14 | 201.50 | 8 (2025-07-03) | 97.08% | 0.08% | 1.02x |
| AAPL | 170.0 | 0.4 | 201.50 | 24 (2025-07-25) | 95.30% | 0.24% | 1.02x |
| AAPL | 175.0 | 0.22 | 201.50 | 14 (2025-07-11) | 96.57% | 0.13% | 1.02x |
| AAPL | 160.0 | 0.41 | 201.50 | 29 (2025-08-01) E | 96.34% | 0.26% | 1.02x |
| AAPL | 185.0 | 0.08 | 201.50 | 4 (2025-06-27) | 97.55% | 0.04% | 1.02x |
| AAPL | 170.0 | 0.27 | 201.50 | 19 (2025-07-18) | 96.62% | 0.16% | 1.02x |
| AAPL | 155.0 | 0.36 | 201.50 | 29 (2025-08-01) E | 96.97% | 0.23% | 1.02x |
| AAPL | 177.5 | 0.11 | 201.50 | 8 (2025-07-03) | 97.76% | 0.06% | 1.02x |
| AAPL | 155.0 | 0.47 | 201.50 | 39 (2025-08-15) E | 96.37% | 0.30% | 1.02x |
| AAPL | 165.0 | 0.29 | 201.50 | 24 (2025-07-25) | 96.82% | 0.18% | 1.02x |
| AAPL | 165.0 | 0.15 | 201.50 | 14 (2025-07-11) | 98.04% | 0.09% | 1.02x |
| AAPL | 170.0 | 0.15 | 201.50 | 14 (2025-07-11) | 97.73% | 0.09% | 1.02x |
| AAPL | 165.0 | 0.19 | 201.50 | 19 (2025-07-18) | 97.65% | 0.12% | 1.02x |
| AAPL | 160.0 | 0.23 | 201.50 | 24 (2025-07-25) | 97.58% | 0.14% | 1.01x |
| AAPL | 182.5 | 0.05 | 201.50 | 4 (2025-06-27) | 98.53% | 0.03% | 1.01x |
| AAPL | 160.0 | 0.15 | 201.50 | 19 (2025-07-18) | 98.26% | 0.09% | 1.01x |
| AAPL | 155.0 | 0.18 | 201.50 | 24 (2025-07-25) | 98.15% | 0.12% | 1.01x |
| AAPL | 177.5 | 0.04 | 201.50 | 4 (2025-06-27) | 99.00% | 0.02% | 1.01x |
| AAPL | 180.0 | 0.04 | 201.50 | 4 (2025-06-27) | 98.87% | 0.02% | 1.01x |
| AAPL | 155.0 | 0.12 | 201.50 | 19 (2025-07-18) | 98.63% | 0.08% | 1.01x |
| AAPL | 160.0 | 0.09 | 201.50 | 14 (2025-07-11) | 98.77% | 0.06% | 1.01x |
| AAPL | 155.0 | 0.06 | 201.50 | 14 (2025-07-11) | 99.23% | 0.04% | 1.01x |