Recommendation: ST
Current Price: $251.64
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 | 250.0 | 2.7 | 251.64 | 5 (2026-03-30) | 58.39% | 1.08% | 1.37x |
| AAPL | 250.0 | 3.4 | 251.64 | 7 (2026-04-01) | 57.20% | 1.36% | 1.32x |
| AAPL | 250.0 | 3.7 | 251.64 | 8 (2026-04-02) | 56.87% | 1.48% | 1.30x |
| AAPL | 250.0 | 2.05 | 251.64 | 4 (2026-03-27) | 59.93% | 0.82% | 1.28x |
| AAPL | 247.5 | 2.83 | 251.64 | 8 (2026-04-02) | 64.99% | 1.14% | 1.26x |
| AAPL | 245.0 | 1.95 | 251.64 | 7 (2026-04-01) | 72.97% | 0.80% | 1.23x |
| AAPL | 245.0 | 1.28 | 251.64 | 5 (2026-03-30) | 77.02% | 0.52% | 1.22x |
| AAPL | 245.0 | 2.18 | 251.64 | 8 (2026-04-02) | 71.90% | 0.89% | 1.22x |
| AAPL | 250.0 | 5.0 | 251.64 | 14 (2026-04-10) | 55.88% | 2.00% | 1.22x |
| AAPL | 247.5 | 1.29 | 251.64 | 4 (2026-03-27) | 72.08% | 0.52% | 1.21x |
| AAPL | 250.0 | 6.0 | 251.64 | 19 (2026-04-17) | 55.46% | 2.40% | 1.19x |
| AAPL | 245.0 | 3.45 | 251.64 | 14 (2026-04-10) | 67.77% | 1.41% | 1.19x |
| AAPL | 242.5 | 1.68 | 251.64 | 8 (2026-04-02) | 77.66% | 0.69% | 1.18x |
| AAPL | 250.0 | 8.4 | 251.64 | 29 (2026-05-01) | 54.99% | 3.36% | 1.17x |
| AAPL | 250.0 | 6.75 | 251.64 | 24 (2026-04-24) | 55.27% | 2.70% | 1.17x |
| AAPL | 245.0 | 4.3 | 251.64 | 19 (2026-04-17) | 66.01% | 1.76% | 1.17x |
| AAPL | 245.0 | 6.7 | 251.64 | 29 (2026-05-01) | 62.89% | 2.73% | 1.16x |
| AAPL | 240.0 | 1.32 | 251.64 | 8 (2026-04-02) | 82.18% | 0.55% | 1.15x |
| AAPL | 250.0 | 9.95 | 251.64 | 39 (2026-05-15) | 54.95% | 3.98% | 1.15x |
| AAPL | 245.0 | 5.0 | 251.64 | 24 (2026-04-24) | 64.88% | 2.04% | 1.15x |
| AAPL | 240.0 | 1.1 | 251.64 | 7 (2026-04-01) | 83.53% | 0.46% | 1.15x |
| AAPL | 245.0 | 0.8 | 251.64 | 4 (2026-03-27) | 81.35% | 0.33% | 1.14x |
| AAPL | 240.0 | 5.3 | 251.64 | 29 (2026-05-01) | 69.78% | 2.21% | 1.14x |
| AAPL | 245.0 | 8.15 | 251.64 | 39 (2026-05-15) | 61.84% | 3.33% | 1.14x |
| AAPL | 240.0 | 3.15 | 251.64 | 19 (2026-04-17) | 74.34% | 1.31% | 1.14x |
| AAPL | 240.0 | 2.2 | 251.64 | 14 (2026-04-10) | 77.84% | 0.92% | 1.14x |
| AAPL | 240.0 | 6.6 | 251.64 | 39 (2026-05-15) | 68.05% | 2.75% | 1.13x |
| AAPL | 240.0 | 3.75 | 251.64 | 24 (2026-04-24) | 72.76% | 1.56% | 1.13x |
| AAPL | 250.0 | 0.88 | 251.64 | 2 (2026-03-25) | 66.54% | 0.35% | 1.13x |
| AAPL | 235.0 | 4.2 | 251.64 | 29 (2026-05-01) | 75.52% | 1.79% | 1.12x |
| AAPL | 240.0 | 0.63 | 251.64 | 5 (2026-03-30) | 87.92% | 0.26% | 1.12x |
| AAPL | 237.5 | 1.02 | 251.64 | 8 (2026-04-02) | 85.93% | 0.43% | 1.12x |
| AAPL | 235.0 | 5.45 | 251.64 | 39 (2026-05-15) | 73.25% | 2.32% | 1.11x |
| AAPL | 235.0 | 2.3 | 251.64 | 19 (2026-04-17) | 80.99% | 0.98% | 1.11x |
| AAPL | 235.0 | 1.61 | 251.64 | 14 (2026-04-10) | 83.79% | 0.69% | 1.11x |
| AAPL | 230.0 | 3.3 | 251.64 | 29 (2026-05-01) | 80.27% | 1.43% | 1.10x |
| AAPL | 230.0 | 4.35 | 251.64 | 39 (2026-05-15) | 78.01% | 1.89% | 1.10x |
| AAPL | 235.0 | 0.77 | 251.64 | 8 (2026-04-02) | 89.14% | 0.33% | 1.10x |
| AAPL | 242.5 | 0.5 | 251.64 | 4 (2026-03-27) | 87.51% | 0.21% | 1.10x |
| AAPL | 235.0 | 0.63 | 251.64 | 7 (2026-04-01) | 90.37% | 0.27% | 1.09x |
| AAPL | 225.0 | 2.64 | 251.64 | 29 (2026-05-01) | 84.19% | 1.17% | 1.09x |
| AAPL | 230.0 | 1.71 | 251.64 | 19 (2026-04-17) | 85.63% | 0.74% | 1.09x |
| AAPL | 225.0 | 3.6 | 251.64 | 39 (2026-05-15) | 81.73% | 1.60% | 1.09x |
| AAPL | 230.0 | 2.05 | 251.64 | 24 (2026-04-24) | 84.27% | 0.89% | 1.08x |
| AAPL | 230.0 | 1.11 | 251.64 | 14 (2026-04-10) | 88.65% | 0.48% | 1.08x |
| AAPL | 232.5 | 0.6 | 251.64 | 8 (2026-04-02) | 91.43% | 0.26% | 1.08x |
| AAPL | 220.0 | 2.09 | 251.64 | 29 (2026-05-01) | 87.38% | 0.95% | 1.07x |
| AAPL | 220.0 | 2.87 | 251.64 | 39 (2026-05-15) | 85.13% | 1.30% | 1.07x |
| AAPL | 225.0 | 1.26 | 251.64 | 19 (2026-04-17) | 89.34% | 0.56% | 1.07x |
| AAPL | 247.5 | 0.37 | 251.64 | 2 (2026-03-25) | 83.85% | 0.15% | 1.07x |
| AAPL | 215.0 | 2.4 | 251.64 | 39 (2026-05-15) | 87.54% | 1.12% | 1.06x |
| AAPL | 230.0 | 0.48 | 251.64 | 8 (2026-04-02) | 93.18% | 0.21% | 1.06x |
| AAPL | 240.0 | 0.3 | 251.64 | 4 (2026-03-27) | 92.89% | 0.13% | 1.06x |
| AAPL | 235.0 | 0.29 | 251.64 | 5 (2026-03-30) | 94.06% | 0.12% | 1.06x |
| AAPL | 225.0 | 0.78 | 251.64 | 14 (2026-04-10) | 91.96% | 0.35% | 1.06x |
| AAPL | 220.0 | 1.31 | 251.64 | 24 (2026-04-24) | 90.28% | 0.60% | 1.06x |
| AAPL | 215.0 | 1.52 | 251.64 | 29 (2026-05-01) | 90.42% | 0.71% | 1.06x |
| AAPL | 210.0 | 1.96 | 251.64 | 39 (2026-05-15) | 89.87% | 0.93% | 1.06x |
| AAPL | 230.0 | 0.35 | 251.64 | 7 (2026-04-01) | 94.48% | 0.15% | 1.05x |
| AAPL | 220.0 | 0.92 | 251.64 | 19 (2026-04-17) | 92.13% | 0.42% | 1.05x |
| AAPL | 210.0 | 1.31 | 251.64 | 29 (2026-05-01) | 92.00% | 0.62% | 1.05x |
| AAPL | 227.5 | 0.36 | 251.64 | 8 (2026-04-02) | 94.74% | 0.16% | 1.05x |
| AAPL | 205.0 | 1.58 | 251.64 | 39 (2026-05-15) | 91.76% | 0.77% | 1.05x |
| AAPL | 215.0 | 0.99 | 251.64 | 24 (2026-04-24) | 92.61% | 0.46% | 1.05x |
| AAPL | 220.0 | 0.54 | 251.64 | 14 (2026-04-10) | 94.43% | 0.25% | 1.04x |
| AAPL | 205.0 | 1.03 | 251.64 | 29 (2026-05-01) | 93.69% | 0.50% | 1.04x |
| AAPL | 237.5 | 0.19 | 251.64 | 4 (2026-03-27) | 94.92% | 0.08% | 1.04x |
| AAPL | 210.0 | 0.76 | 251.64 | 24 (2026-04-24) | 94.32% | 0.36% | 1.04x |
| AAPL | 210.0 | 0.52 | 251.64 | 19 (2026-04-17) | 95.62% | 0.25% | 1.03x |
| AAPL | 225.0 | 0.2 | 251.64 | 7 (2026-04-01) | 97.22% | 0.09% | 1.03x |
| AAPL | 230.0 | 0.14 | 251.64 | 5 (2026-03-30) | 97.13% | 0.06% | 1.03x |
| AAPL | 235.0 | 0.12 | 251.64 | 4 (2026-03-27) | 96.82% | 0.05% | 1.03x |
| AAPL | 210.0 | 0.26 | 251.64 | 14 (2026-04-10) | 97.29% | 0.12% | 1.02x |
| AAPL | 205.0 | 0.18 | 251.64 | 14 (2026-04-10) | 98.11% | 0.09% | 1.02x |
| AAPL | 230.0 | 0.06 | 251.64 | 4 (2026-03-27) | 98.50% | 0.03% | 1.01x |
| AAPL | 227.5 | 0.04 | 251.64 | 4 (2026-03-27) | 98.98% | 0.02% | 1.01x |
| AAPL | 240.0 | 0.02 | 251.64 | 2 (2026-03-25) | 99.07% | 0.01% | 1.00x |
| AAPL | 227.5 | 0.01 | 251.64 | 2 (2026-03-25) | 99.66% | 0.00% | 1.00x |
| AAPL | 230.0 | 0.01 | 251.64 | 2 (2026-03-25) | 99.55% | 0.00% | 1.00x |
| AAPL | 232.5 | 0.01 | 251.64 | 2 (2026-03-25) | 99.70% | 0.00% | 1.00x |
| AAPL | 235.0 | 0.01 | 251.64 | 2 (2026-03-25) | 99.59% | 0.00% | 1.00x |
| AAPL | 237.5 | 0.01 | 251.64 | 2 (2026-03-25) | 99.40% | 0.00% | 1.00x |