Recommendation: NO
Current Price: $223.68
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 | 7.15 | 223.68 | 8 (2026-05-22) | 54.26% | 3.21% | 1.72x |
| NVDA | 220.0 | 5.85 | 223.68 | 8 (2026-05-22) | 59.46% | 2.66% | 1.64x |
| NVDA | 217.5 | 4.9 | 223.68 | 8 (2026-05-22) | 64.40% | 2.25% | 1.57x |
| NVDA | 215.0 | 4.3 | 223.68 | 8 (2026-05-22) | 68.54% | 2.00% | 1.54x |
| NVDA | 212.5 | 3.5 | 223.68 | 8 (2026-05-22) | 72.94% | 1.65% | 1.46x |
| NVDA | 220.0 | 6.95 | 223.68 | 13 (2026-05-29) | 58.77% | 3.16% | 1.43x |
| NVDA | 210.0 | 2.94 | 223.68 | 8 (2026-05-22) | 76.76% | 1.40% | 1.40x |
| NVDA | 220.0 | 2.15 | 223.68 | 4 (2026-05-18) | 66.27% | 0.98% | 1.38x |
| NVDA | 215.0 | 5.25 | 223.68 | 13 (2026-05-29) | 67.05% | 2.44% | 1.37x |
| NVDA | 222.5 | 2.29 | 223.68 | 3 (2026-05-15) | 57.30% | 1.03% | 1.34x |
| NVDA | 220.0 | 7.8 | 223.68 | 18 (2026-06-05) | 58.39% | 3.55% | 1.33x |
| NVDA | 207.5 | 2.34 | 223.68 | 8 (2026-05-22) | 80.52% | 1.13% | 1.33x |
| NVDA | 220.0 | 8.9 | 223.68 | 23 (2026-06-12) | 58.03% | 4.05% | 1.29x |
| NVDA | 210.0 | 3.6 | 223.68 | 13 (2026-05-29) | 74.92% | 1.71% | 1.28x |
| NVDA | 205.0 | 1.93 | 223.68 | 8 (2026-05-22) | 83.50% | 0.94% | 1.28x |
| NVDA | 220.0 | 1.54 | 223.68 | 3 (2026-05-15) | 69.28% | 0.70% | 1.28x |
| NVDA | 220.0 | 9.85 | 223.68 | 27 (2026-06-18) | 57.83% | 4.48% | 1.27x |
| NVDA | 222.0 | 10.4 | 223.68 | 27 (2026-06-18) | 55.13% | 4.68% | 1.27x |
| NVDA | 221.0 | 9.8 | 223.68 | 27 (2026-06-18) | 56.54% | 4.43% | 1.26x |
| NVDA | 219.0 | 9.25 | 223.68 | 27 (2026-06-18) | 59.22% | 4.22% | 1.26x |
| NVDA | 218.0 | 8.75 | 223.68 | 27 (2026-06-18) | 60.59% | 4.01% | 1.25x |
| NVDA | 217.0 | 8.25 | 223.68 | 27 (2026-06-18) | 61.99% | 3.80% | 1.24x |
| NVDA | 210.0 | 4.5 | 223.68 | 18 (2026-06-05) | 72.94% | 2.14% | 1.24x |
| NVDA | 202.5 | 1.55 | 223.68 | 8 (2026-05-22) | 86.27% | 0.77% | 1.23x |
| NVDA | 215.0 | 1.09 | 223.68 | 4 (2026-05-18) | 81.16% | 0.51% | 1.23x |
| NVDA | 215.0 | 7.45 | 223.68 | 27 (2026-06-18) | 64.65% | 3.47% | 1.23x |
| NVDA | 214.0 | 7.25 | 223.68 | 27 (2026-06-18) | 65.80% | 3.39% | 1.23x |
| NVDA | 210.0 | 5.35 | 223.68 | 23 (2026-06-12) | 71.52% | 2.55% | 1.22x |
| NVDA | 205.0 | 2.57 | 223.68 | 13 (2026-05-29) | 81.13% | 1.25% | 1.22x |
| NVDA | 200.0 | 1.3 | 223.68 | 8 (2026-05-22) | 88.29% | 0.65% | 1.20x |
| NVDA | 205.0 | 3.35 | 223.68 | 18 (2026-06-05) | 78.87% | 1.63% | 1.20x |
| NVDA | 217.5 | 0.97 | 223.68 | 3 (2026-05-15) | 78.95% | 0.45% | 1.19x |
| NVDA | 220.0 | 12.95 | 223.68 | 48 (2026-07-17) | 57.56% | 5.89% | 1.19x |
| NVDA | 205.0 | 4.15 | 223.68 | 23 (2026-06-12) | 77.03% | 2.02% | 1.18x |
| NVDA | 200.0 | 1.81 | 223.68 | 13 (2026-05-29) | 86.10% | 0.91% | 1.16x |
| NVDA | 210.0 | 8.75 | 223.68 | 48 (2026-07-17) | 67.86% | 4.17% | 1.16x |
| NVDA | 200.0 | 2.44 | 223.68 | 18 (2026-06-05) | 83.85% | 1.22% | 1.15x |
| NVDA | 200.0 | 3.1 | 223.68 | 23 (2026-06-12) | 82.03% | 1.55% | 1.15x |
| NVDA | 215.0 | 0.65 | 223.68 | 3 (2026-05-15) | 85.44% | 0.30% | 1.14x |
| NVDA | 200.0 | 5.85 | 223.68 | 48 (2026-07-17) | 76.74% | 2.92% | 1.12x |
| NVDA | 195.0 | 1.3 | 223.68 | 13 (2026-05-29) | 89.64% | 0.67% | 1.12x |
| NVDA | 195.0 | 1.8 | 223.68 | 18 (2026-06-05) | 87.65% | 0.92% | 1.12x |
| NVDA | 210.0 | 0.5 | 223.68 | 4 (2026-05-18) | 90.55% | 0.24% | 1.11x |
| NVDA | 195.0 | 4.75 | 223.68 | 48 (2026-07-17) | 80.51% | 2.44% | 1.11x |
| NVDA | 190.0 | 3.95 | 223.68 | 48 (2026-07-17) | 83.58% | 2.08% | 1.09x |
| NVDA | 190.0 | 1.35 | 223.68 | 18 (2026-06-05) | 90.63% | 0.71% | 1.09x |
| NVDA | 190.0 | 0.95 | 223.68 | 13 (2026-05-29) | 92.44% | 0.50% | 1.09x |
| NVDA | 212.5 | 0.4 | 223.68 | 3 (2026-05-15) | 90.96% | 0.19% | 1.09x |
| NVDA | 190.0 | 2.44 | 223.68 | 33 (2026-06-26) | 87.03% | 1.28% | 1.09x |
| NVDA | 185.0 | 1.0 | 223.68 | 18 (2026-06-05) | 93.10% | 0.54% | 1.07x |
| NVDA | 185.0 | 0.7 | 223.68 | 13 (2026-05-29) | 94.30% | 0.38% | 1.07x |
| NVDA | 205.0 | 0.28 | 223.68 | 4 (2026-05-18) | 94.71% | 0.14% | 1.07x |
| NVDA | 210.0 | 0.28 | 223.68 | 3 (2026-05-15) | 93.43% | 0.13% | 1.06x |
| NVDA | 180.0 | 1.02 | 223.68 | 23 (2026-06-12) | 93.51% | 0.57% | 1.06x |
| NVDA | 180.0 | 1.49 | 223.68 | 33 (2026-06-26) | 91.81% | 0.83% | 1.06x |
| NVDA | 180.0 | 0.77 | 223.68 | 18 (2026-06-05) | 94.57% | 0.43% | 1.06x |
| NVDA | 180.0 | 0.53 | 223.68 | 13 (2026-05-29) | 95.76% | 0.29% | 1.06x |
| NVDA | 220.0 | 0.27 | 223.68 | 1 (2026-05-13) | 85.50% | 0.12% | 1.05x |
| NVDA | 207.5 | 0.2 | 223.68 | 3 (2026-05-15) | 95.12% | 0.10% | 1.05x |
| NVDA | 175.0 | 0.41 | 223.68 | 13 (2026-05-29) | 96.77% | 0.23% | 1.04x |
| NVDA | 200.0 | 0.17 | 223.68 | 4 (2026-05-18) | 96.84% | 0.09% | 1.04x |
| NVDA | 217.5 | 0.13 | 223.68 | 1 (2026-05-13) | 93.23% | 0.06% | 1.03x |
| NVDA | 195.0 | 0.1 | 223.68 | 4 (2026-05-18) | 98.35% | 0.05% | 1.03x |
| NVDA | 202.5 | 0.1 | 223.68 | 3 (2026-05-15) | 97.90% | 0.05% | 1.02x |
| NVDA | 200.0 | 0.08 | 223.68 | 3 (2026-05-15) | 98.22% | 0.04% | 1.02x |
| NVDA | 210.0 | 0.02 | 223.68 | 1 (2026-05-13) | 99.16% | 0.01% | 1.00x |
| NVDA | 200.0 | 0.01 | 223.68 | 1 (2026-05-13) | 99.71% | 0.01% | 1.00x |
| NVDA | 202.5 | 0.01 | 223.68 | 1 (2026-05-13) | 99.68% | 0.00% | 1.00x |