Recommendation: ST
Current Price: $198.89
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 | 197.5 | 2.67 | 198.89 | 4 (2025-05-09) | 57.55% | 1.35% | 1.48x |
| AAPL | 197.5 | 4.3 | 198.89 | 9 (2025-05-16) | 55.84% | 2.18% | 1.40x |
| AAPL | 195.0 | 1.81 | 198.89 | 4 (2025-05-09) | 68.40% | 0.93% | 1.38x |
| AAPL | 195.0 | 3.4 | 198.89 | 9 (2025-05-16) | 63.17% | 1.74% | 1.36x |
| AAPL | 192.5 | 2.62 | 198.89 | 9 (2025-05-16) | 70.03% | 1.36% | 1.30x |
| AAPL | 195.0 | 4.37 | 198.89 | 14 (2025-05-23) | 61.65% | 2.24% | 1.28x |
| AAPL | 192.5 | 1.19 | 198.89 | 4 (2025-05-09) | 77.42% | 0.62% | 1.27x |
| AAPL | 190.0 | 2.0 | 198.89 | 9 (2025-05-16) | 75.83% | 1.05% | 1.25x |
| AAPL | 195.0 | 5.1 | 198.89 | 19 (2025-05-30) | 60.81% | 2.62% | 1.23x |
| AAPL | 190.0 | 2.88 | 198.89 | 14 (2025-05-23) | 72.61% | 1.52% | 1.22x |
| AAPL | 195.0 | 5.85 | 198.89 | 24 (2025-06-06) | 60.15% | 3.00% | 1.21x |
| AAPL | 187.5 | 1.54 | 198.89 | 9 (2025-05-16) | 80.86% | 0.82% | 1.20x |
| AAPL | 195.0 | 6.75 | 198.89 | 29 (2025-06-13) | 59.56% | 3.46% | 1.19x |
| AAPL | 190.0 | 3.5 | 198.89 | 19 (2025-05-30) | 70.95% | 1.84% | 1.19x |
| AAPL | 190.0 | 0.75 | 198.89 | 4 (2025-05-09) | 84.60% | 0.39% | 1.18x |
| AAPL | 190.0 | 4.25 | 198.89 | 24 (2025-06-06) | 69.26% | 2.24% | 1.18x |
| AAPL | 195.0 | 7.1 | 198.89 | 34 (2025-06-20) | 59.39% | 3.64% | 1.17x |
| AAPL | 190.0 | 4.95 | 198.89 | 29 (2025-06-13) | 68.05% | 2.61% | 1.16x |
| AAPL | 185.0 | 1.19 | 198.89 | 9 (2025-05-16) | 84.82% | 0.64% | 1.16x |
| AAPL | 185.0 | 1.89 | 198.89 | 14 (2025-05-23) | 80.99% | 1.02% | 1.16x |
| AAPL | 190.0 | 5.47 | 198.89 | 34 (2025-06-20) | 67.31% | 2.88% | 1.15x |
| AAPL | 185.0 | 2.38 | 198.89 | 19 (2025-05-30) | 79.01% | 1.29% | 1.14x |
| AAPL | 185.0 | 3.0 | 198.89 | 24 (2025-06-06) | 77.02% | 1.62% | 1.14x |
| AAPL | 185.0 | 3.7 | 198.89 | 29 (2025-06-13) | 75.10% | 2.00% | 1.14x |
| AAPL | 195.0 | 9.05 | 198.89 | 54 (2025-07-18) | 58.76% | 4.64% | 1.13x |
| AAPL | 182.5 | 0.91 | 198.89 | 9 (2025-05-16) | 88.10% | 0.50% | 1.13x |
| AAPL | 185.0 | 4.1 | 198.89 | 34 (2025-06-20) | 74.16% | 2.22% | 1.13x |
| AAPL | 187.5 | 0.5 | 198.89 | 4 (2025-05-09) | 89.04% | 0.27% | 1.13x |
| AAPL | 190.0 | 7.3 | 198.89 | 54 (2025-07-18) | 65.38% | 3.84% | 1.12x |
| AAPL | 195.0 | 11.12 | 198.89 | 74 (2025-08-15) E | 58.46% | 5.70% | 1.12x |
| AAPL | 180.0 | 2.71 | 198.89 | 29 (2025-06-13) | 81.04% | 1.51% | 1.11x |
| AAPL | 180.0 | 1.2 | 198.89 | 14 (2025-05-23) | 87.23% | 0.67% | 1.11x |
| AAPL | 180.0 | 1.63 | 198.89 | 19 (2025-05-30) | 85.09% | 0.91% | 1.11x |
| AAPL | 185.0 | 5.7 | 198.89 | 54 (2025-07-18) | 71.55% | 3.08% | 1.11x |
| AAPL | 190.0 | 8.92 | 198.89 | 74 (2025-08-15) E | 64.35% | 4.69% | 1.11x |
| AAPL | 180.0 | 2.1 | 198.89 | 24 (2025-06-06) | 83.08% | 1.17% | 1.11x |
| AAPL | 180.0 | 3.07 | 198.89 | 34 (2025-06-20) | 80.00% | 1.71% | 1.11x |
| AAPL | 180.0 | 0.71 | 198.89 | 9 (2025-05-16) | 90.58% | 0.39% | 1.11x |
| AAPL | 185.0 | 7.7 | 198.89 | 74 (2025-08-15) E | 69.32% | 4.16% | 1.10x |
| AAPL | 195.0 | 12.7 | 198.89 | 99 (2025-09-19) E | 58.45% | 6.51% | 1.10x |
| AAPL | 180.0 | 4.66 | 198.89 | 54 (2025-07-18) | 76.50% | 2.59% | 1.10x |
| AAPL | 190.0 | 10.8 | 198.89 | 99 (2025-09-19) E | 63.54% | 5.68% | 1.09x |
| AAPL | 180.0 | 6.3 | 198.89 | 74 (2025-08-15) E | 74.10% | 3.50% | 1.09x |
| AAPL | 185.0 | 9.2 | 198.89 | 99 (2025-09-19) E | 68.24% | 4.97% | 1.09x |
| AAPL | 175.0 | 2.0 | 198.89 | 29 (2025-06-13) | 85.54% | 1.14% | 1.09x |
| AAPL | 175.0 | 2.3 | 198.89 | 34 (2025-06-20) | 84.57% | 1.31% | 1.09x |
| AAPL | 185.0 | 0.32 | 198.89 | 4 (2025-05-09) | 92.96% | 0.17% | 1.08x |
| AAPL | 177.5 | 0.55 | 198.89 | 9 (2025-05-16) | 92.65% | 0.31% | 1.08x |
| AAPL | 175.0 | 1.52 | 198.89 | 24 (2025-06-06) | 87.56% | 0.87% | 1.08x |
| AAPL | 180.0 | 7.7 | 198.89 | 99 (2025-09-19) E | 72.60% | 4.28% | 1.08x |
| AAPL | 175.0 | 3.6 | 198.89 | 54 (2025-07-18) | 81.12% | 2.06% | 1.08x |
| AAPL | 175.0 | 1.11 | 198.89 | 19 (2025-05-30) | 89.52% | 0.63% | 1.08x |
| AAPL | 175.0 | 0.79 | 198.89 | 14 (2025-05-23) | 91.48% | 0.45% | 1.08x |
| AAPL | 175.0 | 4.71 | 198.89 | 74 (2025-08-15) E | 78.99% | 2.69% | 1.07x |
| AAPL | 175.0 | 6.3 | 198.89 | 99 (2025-09-19) E | 76.76% | 3.60% | 1.07x |
| AAPL | 170.0 | 4.25 | 198.89 | 74 (2025-08-15) E | 81.80% | 2.50% | 1.07x |
| AAPL | 170.0 | 2.95 | 198.89 | 54 (2025-07-18) | 84.55% | 1.74% | 1.07x |
| AAPL | 170.0 | 1.76 | 198.89 | 34 (2025-06-20) | 88.11% | 1.04% | 1.07x |
| AAPL | 170.0 | 1.47 | 198.89 | 29 (2025-06-13) | 89.25% | 0.86% | 1.07x |
| AAPL | 175.0 | 0.44 | 198.89 | 9 (2025-05-16) | 94.09% | 0.25% | 1.07x |
| AAPL | 170.0 | 5.4 | 198.89 | 99 (2025-09-19) E | 79.94% | 3.18% | 1.07x |
| AAPL | 170.0 | 1.09 | 198.89 | 24 (2025-06-06) | 90.93% | 0.64% | 1.06x |
| AAPL | 182.5 | 0.23 | 198.89 | 4 (2025-05-09) | 94.94% | 0.13% | 1.06x |
| AAPL | 165.0 | 3.35 | 198.89 | 74 (2025-08-15) E | 85.16% | 2.03% | 1.06x |
| AAPL | 170.0 | 0.79 | 198.89 | 19 (2025-05-30) | 92.54% | 0.46% | 1.06x |
| AAPL | 165.0 | 2.24 | 198.89 | 54 (2025-07-18) | 87.86% | 1.36% | 1.06x |
| AAPL | 165.0 | 4.35 | 198.89 | 99 (2025-09-19) E | 83.30% | 2.64% | 1.06x |
| AAPL | 170.0 | 0.55 | 198.89 | 14 (2025-05-23) | 94.08% | 0.32% | 1.06x |
| AAPL | 165.0 | 1.32 | 198.89 | 34 (2025-06-20) | 90.94% | 0.80% | 1.06x |
| AAPL | 165.0 | 1.11 | 198.89 | 29 (2025-06-13) | 91.84% | 0.67% | 1.05x |
| AAPL | 160.0 | 2.85 | 198.89 | 74 (2025-08-15) E | 87.50% | 1.78% | 1.05x |
| AAPL | 160.0 | 3.6 | 198.89 | 99 (2025-09-19) E | 85.93% | 2.25% | 1.05x |
| AAPL | 160.0 | 1.86 | 198.89 | 54 (2025-07-18) | 90.06% | 1.16% | 1.05x |
| AAPL | 165.0 | 0.8 | 198.89 | 24 (2025-06-06) | 93.38% | 0.48% | 1.05x |
| AAPL | 155.0 | 2.35 | 198.89 | 74 (2025-08-15) E | 89.66% | 1.52% | 1.05x |
| AAPL | 160.0 | 1.02 | 198.89 | 34 (2025-06-20) | 93.03% | 0.64% | 1.04x |
| AAPL | 180.0 | 0.16 | 198.89 | 4 (2025-05-09) | 96.45% | 0.09% | 1.04x |
| AAPL | 160.0 | 0.82 | 198.89 | 29 (2025-06-13) | 93.94% | 0.51% | 1.04x |
| AAPL | 155.0 | 2.88 | 198.89 | 99 (2025-09-19) E | 88.48% | 1.86% | 1.04x |
| AAPL | 150.0 | 2.65 | 198.89 | 99 (2025-09-19) E | 89.84% | 1.77% | 1.04x |
| AAPL | 150.0 | 1.93 | 198.89 | 74 (2025-08-15) E | 91.48% | 1.29% | 1.04x |
| AAPL | 155.0 | 1.44 | 198.89 | 54 (2025-07-18) | 92.18% | 0.93% | 1.04x |
| AAPL | 165.0 | 0.48 | 198.89 | 19 (2025-05-30) | 95.23% | 0.29% | 1.04x |
| AAPL | 165.0 | 0.35 | 198.89 | 14 (2025-05-23) | 96.18% | 0.21% | 1.04x |
| AAPL | 155.0 | 0.8 | 198.89 | 34 (2025-06-20) | 94.61% | 0.52% | 1.04x |
| AAPL | 177.5 | 0.13 | 198.89 | 4 (2025-05-09) | 97.25% | 0.07% | 1.04x |
| AAPL | 150.0 | 1.2 | 198.89 | 54 (2025-07-18) | 93.63% | 0.80% | 1.04x |
| AAPL | 155.0 | 0.6 | 198.89 | 29 (2025-06-13) | 95.54% | 0.39% | 1.03x |
| AAPL | 175.0 | 0.11 | 198.89 | 4 (2025-05-09) | 97.83% | 0.06% | 1.03x |
| AAPL | 160.0 | 0.28 | 198.89 | 14 (2025-05-23) | 97.06% | 0.18% | 1.03x |
| AAPL | 160.0 | 0.38 | 198.89 | 19 (2025-05-30) | 96.37% | 0.24% | 1.03x |
| AAPL | 150.0 | 0.63 | 198.89 | 34 (2025-06-20) | 95.76% | 0.42% | 1.03x |
| AAPL | 155.0 | 0.45 | 198.89 | 24 (2025-06-06) | 96.30% | 0.29% | 1.03x |
| AAPL | 150.0 | 0.46 | 198.89 | 29 (2025-06-13) | 96.59% | 0.31% | 1.03x |
| AAPL | 155.0 | 0.2 | 198.89 | 14 (2025-05-23) | 98.22% | 0.13% | 1.02x |
| AAPL | 155.0 | 0.27 | 198.89 | 19 (2025-05-30) | 97.45% | 0.17% | 1.02x |
| AAPL | 150.0 | 0.32 | 198.89 | 24 (2025-06-06) | 97.35% | 0.21% | 1.02x |
| AAPL | 150.0 | 0.24 | 198.89 | 19 (2025-05-30) | 97.85% | 0.16% | 1.02x |
| AAPL | 150.0 | 0.14 | 198.89 | 14 (2025-05-23) | 98.58% | 0.09% | 1.02x |