Recommendation: NO
Current Price: $224.09
Total Wheels: 5
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 | 222.5 | 3.1 | 224.09 | 5 (2026-08-19) | 57.49% | 1.39% | 1.49x |
| NVDA | 222.5 | 3.8 | 224.09 | 7 (2026-08-21) | 56.67% | 1.71% | 1.41x |
| NVDA | 220.0 | 6.0 | 224.09 | 12 (2026-08-28) | 60.04% | 2.73% | 1.41x |
| NVDA | 220.0 | 2.22 | 224.09 | 5 (2026-08-19) | 66.97% | 1.01% | 1.40x |
| NVDA | 222.5 | 2.37 | 224.09 | 3 (2026-08-17) | 58.86% | 1.07% | 1.37x |
| NVDA | 220.0 | 2.81 | 224.09 | 7 (2026-08-21) | 65.01% | 1.28% | 1.35x |
| NVDA | 215.0 | 4.2 | 224.09 | 12 (2026-08-28) | 69.40% | 1.95% | 1.33x |
| NVDA | 220.0 | 7.05 | 224.09 | 17 (2026-09-04) | 59.36% | 3.20% | 1.32x |
| NVDA | 217.5 | 1.49 | 224.09 | 5 (2026-08-19) | 75.52% | 0.69% | 1.30x |
| NVDA | 220.0 | 8.16 | 224.09 | 22 (2026-09-11) | 58.84% | 3.71% | 1.28x |
| NVDA | 217.5 | 2.07 | 224.09 | 7 (2026-08-21) | 72.41% | 0.95% | 1.28x |
| NVDA | 220.0 | 1.53 | 224.09 | 3 (2026-08-17) | 70.38% | 0.70% | 1.28x |
| NVDA | 215.0 | 5.3 | 224.09 | 17 (2026-09-04) | 67.37% | 2.47% | 1.28x |
| NVDA | 222.5 | 1.63 | 224.09 | 2 (2026-08-14) | 61.26% | 0.73% | 1.25x |
| NVDA | 215.0 | 6.25 | 224.09 | 22 (2026-09-11) | 66.23% | 2.91% | 1.24x |
| NVDA | 210.0 | 2.82 | 224.09 | 12 (2026-08-28) | 77.44% | 1.34% | 1.24x |
| NVDA | 220.0 | 8.8 | 224.09 | 27 (2026-09-18) | 58.62% | 4.00% | 1.24x |
| NVDA | 220.0 | 10.15 | 224.09 | 32 (2026-09-25) | 58.28% | 4.61% | 1.23x |
| NVDA | 215.0 | 1.48 | 224.09 | 7 (2026-08-21) | 78.84% | 0.69% | 1.22x |
| NVDA | 215.0 | 6.92 | 224.09 | 27 (2026-09-18) | 65.54% | 3.22% | 1.22x |
| NVDA | 215.0 | 1.0 | 224.09 | 5 (2026-08-19) | 82.42% | 0.47% | 1.21x |
| NVDA | 210.0 | 3.6 | 224.09 | 17 (2026-09-04) | 75.33% | 1.71% | 1.21x |
| NVDA | 215.0 | 7.7 | 224.09 | 32 (2026-09-25) | 64.87% | 3.58% | 1.20x |
| NVDA | 217.5 | 0.93 | 224.09 | 3 (2026-08-17) | 79.96% | 0.43% | 1.19x |
| NVDA | 210.0 | 4.3 | 224.09 | 22 (2026-09-11) | 73.65% | 2.05% | 1.19x |
| NVDA | 220.0 | 11.8 | 224.09 | 47 (2026-10-16) | 58.09% | 5.36% | 1.18x |
| NVDA | 210.0 | 6.25 | 224.09 | 32 (2026-09-25) | 70.58% | 2.98% | 1.18x |
| NVDA | 210.0 | 5.1 | 224.09 | 27 (2026-09-18) | 72.19% | 2.43% | 1.18x |
| NVDA | 205.0 | 1.87 | 224.09 | 12 (2026-08-28) | 83.96% | 0.91% | 1.17x |
| NVDA | 220.0 | 0.91 | 224.09 | 2 (2026-08-14) | 75.37% | 0.41% | 1.17x |
| NVDA | 215.0 | 9.98 | 224.09 | 47 (2026-10-16) | 63.48% | 4.64% | 1.17x |
| NVDA | 212.5 | 1.05 | 224.09 | 7 (2026-08-21) | 84.15% | 0.49% | 1.16x |
| NVDA | 205.0 | 3.3 | 224.09 | 22 (2026-09-11) | 79.24% | 1.61% | 1.16x |
| NVDA | 205.0 | 2.46 | 224.09 | 17 (2026-09-04) | 81.73% | 1.20% | 1.16x |
| NVDA | 212.5 | 0.68 | 224.09 | 5 (2026-08-19) | 87.41% | 0.32% | 1.15x |
| NVDA | 210.0 | 8.05 | 224.09 | 47 (2026-10-16) | 68.72% | 3.83% | 1.15x |
| NVDA | 205.0 | 3.92 | 224.09 | 27 (2026-09-18) | 77.76% | 1.91% | 1.15x |
| NVDA | 205.0 | 4.75 | 224.09 | 32 (2026-09-25) | 76.12% | 2.32% | 1.15x |
| NVDA | 205.0 | 6.35 | 224.09 | 47 (2026-10-16) | 73.72% | 3.10% | 1.13x |
| NVDA | 215.0 | 0.58 | 224.09 | 3 (2026-08-17) | 86.63% | 0.27% | 1.12x |
| NVDA | 210.0 | 0.76 | 224.09 | 7 (2026-08-21) | 88.07% | 0.36% | 1.12x |
| NVDA | 200.0 | 1.2 | 224.09 | 12 (2026-08-28) | 89.26% | 0.60% | 1.12x |
| NVDA | 200.0 | 1.74 | 224.09 | 17 (2026-09-04) | 86.52% | 0.87% | 1.12x |
| NVDA | 200.0 | 3.4 | 224.09 | 32 (2026-09-25) | 81.46% | 1.70% | 1.11x |
| NVDA | 200.0 | 2.78 | 224.09 | 27 (2026-09-18) | 83.00% | 1.39% | 1.11x |
| NVDA | 200.0 | 2.2 | 224.09 | 22 (2026-09-11) | 84.90% | 1.10% | 1.11x |
| NVDA | 200.0 | 5.1 | 224.09 | 47 (2026-10-16) | 78.06% | 2.55% | 1.11x |
| NVDA | 210.0 | 0.47 | 224.09 | 5 (2026-08-19) | 91.01% | 0.22% | 1.11x |
| NVDA | 217.5 | 0.49 | 224.09 | 2 (2026-08-14) | 85.43% | 0.23% | 1.10x |
| NVDA | 195.0 | 2.69 | 224.09 | 32 (2026-09-25) | 85.03% | 1.38% | 1.10x |
| NVDA | 207.5 | 0.57 | 224.09 | 7 (2026-08-21) | 90.93% | 0.27% | 1.09x |
| NVDA | 195.0 | 4.0 | 224.09 | 47 (2026-10-16) | 82.08% | 2.05% | 1.09x |
| NVDA | 195.0 | 2.05 | 224.09 | 27 (2026-09-18) | 86.95% | 1.05% | 1.09x |
| NVDA | 207.5 | 0.36 | 224.09 | 5 (2026-08-19) | 93.21% | 0.17% | 1.08x |
| NVDA | 195.0 | 1.55 | 224.09 | 22 (2026-09-11) | 88.81% | 0.79% | 1.08x |
| NVDA | 195.0 | 1.17 | 224.09 | 17 (2026-09-04) | 90.45% | 0.60% | 1.08x |
| NVDA | 212.5 | 0.37 | 224.09 | 3 (2026-08-17) | 91.23% | 0.17% | 1.08x |
| NVDA | 195.0 | 0.8 | 224.09 | 12 (2026-08-28) | 92.38% | 0.41% | 1.08x |
| NVDA | 190.0 | 3.1 | 224.09 | 47 (2026-10-16) | 85.42% | 1.63% | 1.08x |
| NVDA | 190.0 | 1.97 | 224.09 | 32 (2026-09-25) | 88.52% | 1.04% | 1.07x |
| NVDA | 205.0 | 0.43 | 224.09 | 7 (2026-08-21) | 93.07% | 0.21% | 1.07x |
| NVDA | 190.0 | 1.51 | 224.09 | 27 (2026-09-18) | 90.10% | 0.79% | 1.07x |
| NVDA | 190.0 | 1.14 | 224.09 | 22 (2026-09-11) | 91.60% | 0.60% | 1.06x |
| NVDA | 190.0 | 0.85 | 224.09 | 17 (2026-09-04) | 93.01% | 0.45% | 1.06x |
| NVDA | 185.0 | 2.39 | 224.09 | 47 (2026-10-16) | 88.40% | 1.29% | 1.06x |
| NVDA | 190.0 | 0.56 | 224.09 | 12 (2026-08-28) | 94.62% | 0.29% | 1.06x |
| NVDA | 205.0 | 0.25 | 224.09 | 5 (2026-08-19) | 95.17% | 0.12% | 1.06x |
| NVDA | 202.5 | 0.34 | 224.09 | 7 (2026-08-21) | 94.56% | 0.17% | 1.06x |
| NVDA | 210.0 | 0.25 | 224.09 | 3 (2026-08-17) | 93.96% | 0.12% | 1.06x |
| NVDA | 215.0 | 0.26 | 224.09 | 2 (2026-08-14) | 91.63% | 0.12% | 1.06x |
| NVDA | 185.0 | 1.42 | 224.09 | 32 (2026-09-25) | 91.34% | 0.77% | 1.06x |
| NVDA | 185.0 | 1.1 | 224.09 | 27 (2026-09-18) | 92.47% | 0.59% | 1.05x |
| NVDA | 180.0 | 1.89 | 224.09 | 47 (2026-10-16) | 90.65% | 1.05% | 1.05x |
| NVDA | 185.0 | 0.84 | 224.09 | 22 (2026-09-11) | 93.75% | 0.45% | 1.05x |
| NVDA | 202.5 | 0.2 | 224.09 | 5 (2026-08-19) | 95.88% | 0.10% | 1.05x |
| NVDA | 185.0 | 0.62 | 224.09 | 17 (2026-09-04) | 94.88% | 0.34% | 1.05x |
| NVDA | 185.0 | 0.43 | 224.09 | 12 (2026-08-28) | 96.00% | 0.23% | 1.05x |
| NVDA | 200.0 | 0.27 | 224.09 | 7 (2026-08-21) | 95.72% | 0.14% | 1.05x |
| NVDA | 180.0 | 1.1 | 224.09 | 32 (2026-09-25) | 93.15% | 0.61% | 1.05x |
| NVDA | 175.0 | 1.5 | 224.09 | 47 (2026-10-16) | 92.38% | 0.86% | 1.04x |
| NVDA | 180.0 | 0.86 | 224.09 | 27 (2026-09-18) | 94.23% | 0.48% | 1.04x |
| NVDA | 200.0 | 0.17 | 224.09 | 5 (2026-08-19) | 96.97% | 0.09% | 1.04x |
| NVDA | 207.5 | 0.17 | 224.09 | 3 (2026-08-17) | 95.95% | 0.08% | 1.04x |
| NVDA | 180.0 | 0.34 | 224.09 | 12 (2026-08-28) | 96.92% | 0.19% | 1.04x |
| NVDA | 180.0 | 0.47 | 224.09 | 17 (2026-09-04) | 96.13% | 0.26% | 1.04x |
| NVDA | 180.0 | 0.61 | 224.09 | 22 (2026-09-11) | 95.38% | 0.34% | 1.04x |
| NVDA | 212.5 | 0.16 | 224.09 | 2 (2026-08-14) | 94.87% | 0.08% | 1.04x |
| NVDA | 205.0 | 0.15 | 224.09 | 3 (2026-08-17) | 96.58% | 0.07% | 1.04x |
| NVDA | 175.0 | 0.82 | 224.09 | 32 (2026-09-25) | 94.88% | 0.47% | 1.04x |
| NVDA | 175.0 | 0.67 | 224.09 | 27 (2026-09-18) | 95.51% | 0.38% | 1.03x |
| NVDA | 175.0 | 0.27 | 224.09 | 12 (2026-08-28) | 97.62% | 0.15% | 1.03x |
| NVDA | 175.0 | 0.36 | 224.09 | 17 (2026-09-04) | 97.06% | 0.21% | 1.03x |
| NVDA | 175.0 | 0.46 | 224.09 | 22 (2026-09-11) | 96.53% | 0.26% | 1.03x |
| NVDA | 202.5 | 0.11 | 224.09 | 3 (2026-08-17) | 97.54% | 0.05% | 1.03x |
| NVDA | 210.0 | 0.1 | 224.09 | 2 (2026-08-14) | 97.07% | 0.05% | 1.02x |
| NVDA | 200.0 | 0.09 | 224.09 | 3 (2026-08-17) | 98.07% | 0.04% | 1.02x |
| NVDA | 207.5 | 0.07 | 224.09 | 2 (2026-08-14) | 97.87% | 0.03% | 1.02x |
| NVDA | 200.0 | 0.04 | 224.09 | 2 (2026-08-14) | 99.03% | 0.02% | 1.01x |
| NVDA | 205.0 | 0.04 | 224.09 | 2 (2026-08-14) | 98.68% | 0.02% | 1.01x |
| NVDA | 202.5 | 0.03 | 224.09 | 2 (2026-08-14) | 99.08% | 0.01% | 1.01x |