Recommendation: NO
Current Price: $113.82
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 |
---|---|---|---|---|---|---|---|
NVDA | 113.0 | 1.99 | 113.82 | 4 (2025-05-09) | 56.58% | 1.76% | 1.65x |
NVDA | 112.0 | 1.58 | 113.82 | 4 (2025-05-09) | 63.05% | 1.41% | 1.56x |
NVDA | 113.0 | 3.21 | 113.82 | 9 (2025-05-16) | 55.31% | 2.84% | 1.55x |
NVDA | 112.0 | 2.77 | 113.82 | 9 (2025-05-16) | 59.64% | 2.47% | 1.51x |
NVDA | 111.0 | 1.23 | 113.82 | 4 (2025-05-09) | 69.17% | 1.11% | 1.47x |
NVDA | 111.0 | 2.39 | 113.82 | 9 (2025-05-16) | 63.80% | 2.15% | 1.47x |
NVDA | 113.0 | 5.95 | 113.82 | 19 (2025-05-30) E | 54.99% | 5.27% | 1.46x |
NVDA | 112.0 | 5.55 | 113.82 | 19 (2025-05-30) E | 57.45% | 4.96% | 1.45x |
NVDA | 111.0 | 5.1 | 113.82 | 19 (2025-05-30) E | 59.90% | 4.59% | 1.43x |
NVDA | 113.0 | 4.12 | 113.82 | 14 (2025-05-23) | 55.01% | 3.65% | 1.43x |
NVDA | 110.0 | 2.05 | 113.82 | 9 (2025-05-16) | 67.73% | 1.86% | 1.42x |
NVDA | 110.0 | 4.74 | 113.82 | 19 (2025-05-30) E | 62.20% | 4.31% | 1.42x |
NVDA | 112.0 | 3.7 | 113.82 | 14 (2025-05-23) | 58.45% | 3.30% | 1.41x |
NVDA | 109.0 | 4.3 | 113.82 | 19 (2025-05-30) E | 64.61% | 3.94% | 1.40x |
NVDA | 110.0 | 0.98 | 113.82 | 4 (2025-05-09) | 74.42% | 0.89% | 1.40x |
NVDA | 113.0 | 6.56 | 113.82 | 24 (2025-06-06) E | 55.11% | 5.81% | 1.39x |
NVDA | 111.0 | 3.25 | 113.82 | 14 (2025-05-23) | 61.87% | 2.93% | 1.38x |
NVDA | 109.0 | 1.77 | 113.82 | 9 (2025-05-16) | 71.39% | 1.62% | 1.38x |
NVDA | 108.0 | 3.95 | 113.82 | 19 (2025-05-30) E | 66.82% | 3.66% | 1.38x |
NVDA | 111.0 | 5.65 | 113.82 | 24 (2025-06-06) E | 59.59% | 5.09% | 1.37x |
NVDA | 112.0 | 5.9 | 113.82 | 24 (2025-06-06) E | 57.41% | 5.27% | 1.37x |
NVDA | 110.0 | 5.28 | 113.82 | 24 (2025-06-06) E | 61.75% | 4.80% | 1.36x |
NVDA | 110.0 | 2.89 | 113.82 | 14 (2025-05-23) | 65.12% | 2.63% | 1.36x |
NVDA | 109.0 | 4.85 | 113.82 | 24 (2025-06-06) E | 63.93% | 4.45% | 1.34x |
NVDA | 108.0 | 1.52 | 113.82 | 9 (2025-05-16) | 74.73% | 1.41% | 1.34x |
NVDA | 106.0 | 3.3 | 113.82 | 19 (2025-05-30) E | 71.26% | 3.11% | 1.34x |
NVDA | 107.0 | 3.4 | 113.82 | 19 (2025-05-30) E | 69.44% | 3.18% | 1.34x |
NVDA | 113.0 | 6.91 | 113.82 | 29 (2025-06-13) E | 55.20% | 6.12% | 1.33x |
NVDA | 109.0 | 2.56 | 113.82 | 14 (2025-05-23) | 68.24% | 2.35% | 1.33x |
NVDA | 108.0 | 4.5 | 113.82 | 24 (2025-06-06) E | 65.97% | 4.17% | 1.33x |
NVDA | 109.0 | 0.77 | 113.82 | 4 (2025-05-09) | 79.00% | 0.71% | 1.32x |
NVDA | 112.0 | 6.31 | 113.82 | 29 (2025-06-13) E | 57.36% | 5.63% | 1.32x |
NVDA | 105.0 | 3.0 | 113.82 | 19 (2025-05-30) E | 73.19% | 2.86% | 1.32x |
NVDA | 110.0 | 5.7 | 113.82 | 29 (2025-06-13) E | 61.49% | 5.18% | 1.31x |
NVDA | 107.0 | 4.1 | 113.82 | 24 (2025-06-06) E | 68.07% | 3.83% | 1.31x |
NVDA | 108.0 | 2.28 | 113.82 | 14 (2025-05-23) | 71.13% | 2.11% | 1.31x |
NVDA | 113.0 | 7.4 | 113.82 | 34 (2025-06-20) E | 55.32% | 6.55% | 1.30x |
NVDA | 109.0 | 5.15 | 113.82 | 29 (2025-06-13) E | 63.65% | 4.72% | 1.29x |
NVDA | 112.0 | 6.9 | 113.82 | 34 (2025-06-20) E | 57.34% | 6.16% | 1.29x |
NVDA | 107.0 | 1.26 | 113.82 | 9 (2025-05-16) | 78.07% | 1.18% | 1.29x |
NVDA | 104.0 | 2.63 | 113.82 | 19 (2025-05-30) E | 75.48% | 2.53% | 1.29x |
NVDA | 106.0 | 3.6 | 113.82 | 24 (2025-06-06) E | 70.55% | 3.40% | 1.28x |
NVDA | 111.0 | 6.34 | 113.82 | 34 (2025-06-20) E | 59.37% | 5.71% | 1.28x |
NVDA | 105.0 | 3.47 | 113.82 | 24 (2025-06-06) E | 72.05% | 3.30% | 1.28x |
NVDA | 110.0 | 6.05 | 113.82 | 34 (2025-06-20) E | 61.30% | 5.50% | 1.28x |
NVDA | 107.0 | 1.96 | 113.82 | 14 (2025-05-23) | 74.13% | 1.83% | 1.27x |
NVDA | 107.0 | 4.4 | 113.82 | 29 (2025-06-13) E | 67.60% | 4.11% | 1.27x |
NVDA | 104.0 | 3.2 | 113.82 | 24 (2025-06-06) E | 73.88% | 3.08% | 1.27x |
NVDA | 106.0 | 1.11 | 113.82 | 9 (2025-05-16) | 80.63% | 1.05% | 1.27x |
NVDA | 109.0 | 5.5 | 113.82 | 34 (2025-06-20) E | 63.39% | 5.05% | 1.26x |
NVDA | 108.0 | 5.27 | 113.82 | 34 (2025-06-20) E | 65.12% | 4.88% | 1.26x |
NVDA | 106.0 | 1.78 | 113.82 | 14 (2025-05-23) | 76.43% | 1.68% | 1.26x |
NVDA | 108.0 | 0.59 | 113.82 | 4 (2025-05-09) | 83.24% | 0.55% | 1.26x |
NVDA | 107.0 | 4.84 | 113.82 | 34 (2025-06-20) E | 67.06% | 4.52% | 1.25x |
NVDA | 105.0 | 3.75 | 113.82 | 29 (2025-06-13) E | 71.45% | 3.57% | 1.24x |
NVDA | 106.0 | 4.42 | 113.82 | 34 (2025-06-20) E | 69.00% | 4.17% | 1.23x |
NVDA | 104.0 | 3.47 | 113.82 | 29 (2025-06-13) E | 73.21% | 3.34% | 1.23x |
NVDA | 105.0 | 1.55 | 113.82 | 14 (2025-05-23) | 78.93% | 1.48% | 1.23x |
NVDA | 105.0 | 0.94 | 113.82 | 9 (2025-05-16) | 83.19% | 0.90% | 1.23x |
NVDA | 105.0 | 4.22 | 113.82 | 34 (2025-06-20) E | 70.57% | 4.02% | 1.23x |
NVDA | 104.0 | 3.93 | 113.82 | 34 (2025-06-20) E | 72.25% | 3.78% | 1.22x |
NVDA | 110.0 | 7.45 | 113.82 | 54 (2025-07-18) E | 60.83% | 6.77% | 1.21x |
NVDA | 107.0 | 0.46 | 113.82 | 4 (2025-05-09) | 86.44% | 0.43% | 1.21x |
NVDA | 104.0 | 1.33 | 113.82 | 14 (2025-05-23) | 81.30% | 1.28% | 1.20x |
NVDA | 104.0 | 0.8 | 113.82 | 9 (2025-05-16) | 85.58% | 0.77% | 1.20x |
NVDA | 105.0 | 5.5 | 113.82 | 54 (2025-07-18) E | 68.82% | 5.24% | 1.18x |
NVDA | 110.0 | 8.8 | 113.82 | 74 (2025-08-15) E | 60.67% | 8.00% | 1.18x |
NVDA | 106.0 | 0.37 | 113.82 | 4 (2025-05-09) | 88.91% | 0.35% | 1.17x |
NVDA | 105.0 | 6.79 | 113.82 | 74 (2025-08-15) E | 67.69% | 6.47% | 1.16x |
NVDA | 110.0 | 10.66 | 113.82 | 99 (2025-09-19) E | 60.71% | 9.69% | 1.16x |
NVDA | 112.0 | 11.22 | 113.82 | 99 (2025-09-19) E | 58.14% | 10.02% | 1.16x |
NVDA | 108.0 | 9.78 | 113.82 | 99 (2025-09-19) E | 63.16% | 9.06% | 1.15x |
NVDA | 100.0 | 4.0 | 113.82 | 54 (2025-07-18) E | 75.85% | 4.00% | 1.15x |
NVDA | 106.0 | 8.9 | 113.82 | 99 (2025-09-19) E | 65.57% | 8.40% | 1.15x |
NVDA | 105.0 | 8.57 | 113.82 | 99 (2025-09-19) E | 66.73% | 8.16% | 1.14x |
NVDA | 104.0 | 8.05 | 113.82 | 99 (2025-09-19) E | 67.96% | 7.74% | 1.14x |
NVDA | 105.0 | 0.29 | 113.82 | 4 (2025-05-09) | 91.11% | 0.28% | 1.14x |
NVDA | 100.0 | 5.02 | 113.82 | 74 (2025-08-15) E | 74.27% | 5.02% | 1.13x |
NVDA | 100.0 | 6.65 | 113.82 | 99 (2025-09-19) E | 72.47% | 6.65% | 1.13x |
NVDA | 98.0 | 6.0 | 113.82 | 99 (2025-09-19) E | 74.67% | 6.12% | 1.12x |
NVDA | 95.0 | 2.85 | 113.82 | 54 (2025-07-18) E | 81.93% | 3.00% | 1.12x |
NVDA | 96.0 | 5.4 | 113.82 | 99 (2025-09-19) E | 76.74% | 5.63% | 1.11x |
NVDA | 95.0 | 3.73 | 113.82 | 74 (2025-08-15) E | 79.93% | 3.93% | 1.11x |
NVDA | 104.0 | 0.23 | 113.82 | 4 (2025-05-09) | 92.90% | 0.22% | 1.11x |
NVDA | 90.0 | 1.99 | 113.82 | 54 (2025-07-18) E | 86.80% | 2.21% | 1.09x |
NVDA | 90.0 | 2.71 | 113.82 | 74 (2025-08-15) E | 84.77% | 3.01% | 1.09x |
NVDA | 85.0 | 1.93 | 113.82 | 74 (2025-08-15) E | 88.70% | 2.27% | 1.07x |
NVDA | 85.0 | 1.34 | 113.82 | 54 (2025-07-18) E | 90.69% | 1.58% | 1.07x |
NVDA | 80.0 | 1.35 | 113.82 | 74 (2025-08-15) E | 91.84% | 1.69% | 1.05x |
NVDA | 80.0 | 0.93 | 113.82 | 54 (2025-07-18) E | 93.44% | 1.16% | 1.05x |
NVDA | 75.0 | 0.97 | 113.82 | 74 (2025-08-15) E | 94.07% | 1.29% | 1.04x |
NVDA | 75.0 | 0.64 | 113.82 | 54 (2025-07-18) E | 95.43% | 0.85% | 1.04x |
NVDA | 70.0 | 0.71 | 113.82 | 74 (2025-08-15) E | 95.68% | 1.01% | 1.03x |
NVDA | 70.0 | 0.46 | 113.82 | 54 (2025-07-18) E | 96.75% | 0.66% | 1.03x |
NVDA | 65.0 | 0.5 | 113.82 | 74 (2025-08-15) E | 96.78% | 0.77% | 1.03x |