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 | 6 (2026-08-19) | 57.46% | 1.39% | 1.40x |
| NVDA | 220.0 | 6.0 | 224.09 | 13 (2026-08-28) | 60.05% | 2.73% | 1.37x |
| NVDA | 222.5 | 2.34 | 224.09 | 4 (2026-08-17) | 58.94% | 1.05% | 1.37x |
| NVDA | 222.5 | 3.75 | 224.09 | 8 (2026-08-21) | 56.75% | 1.69% | 1.35x |
| NVDA | 220.0 | 2.17 | 224.09 | 6 (2026-08-19) | 67.17% | 0.99% | 1.32x |
| NVDA | 220.0 | 2.81 | 224.09 | 8 (2026-08-21) | 65.02% | 1.28% | 1.30x |
| NVDA | 220.0 | 6.95 | 224.09 | 18 (2026-09-04) | 59.43% | 3.16% | 1.30x |
| NVDA | 215.0 | 4.15 | 224.09 | 13 (2026-08-28) | 69.41% | 1.93% | 1.29x |
| NVDA | 220.0 | 1.48 | 224.09 | 4 (2026-08-17) | 70.71% | 0.67% | 1.27x |
| NVDA | 220.0 | 7.75 | 224.09 | 23 (2026-09-11) | 59.03% | 3.52% | 1.25x |
| NVDA | 222.5 | 1.62 | 224.09 | 3 (2026-08-14) | 61.32% | 0.73% | 1.25x |
| NVDA | 215.0 | 5.0 | 224.09 | 18 (2026-09-04) | 67.94% | 2.33% | 1.25x |
| NVDA | 217.5 | 2.05 | 224.09 | 8 (2026-08-21) | 72.51% | 0.94% | 1.24x |
| NVDA | 217.5 | 1.47 | 224.09 | 6 (2026-08-19) | 75.65% | 0.68% | 1.24x |
| NVDA | 220.0 | 8.7 | 224.09 | 28 (2026-09-18) | 58.69% | 3.95% | 1.23x |
| NVDA | 210.0 | 2.78 | 224.09 | 13 (2026-08-28) | 77.58% | 1.32% | 1.22x |
| NVDA | 215.0 | 5.8 | 224.09 | 23 (2026-09-11) | 66.74% | 2.70% | 1.22x |
| NVDA | 220.0 | 9.45 | 224.09 | 33 (2026-09-25) | 58.47% | 4.30% | 1.21x |
| NVDA | 215.0 | 6.7 | 224.09 | 28 (2026-09-18) | 65.81% | 3.12% | 1.20x |
| NVDA | 210.0 | 3.55 | 224.09 | 18 (2026-09-04) | 75.39% | 1.69% | 1.19x |
| NVDA | 215.0 | 1.47 | 224.09 | 8 (2026-08-21) | 78.96% | 0.68% | 1.18x |
| NVDA | 217.5 | 0.91 | 224.09 | 4 (2026-08-17) | 80.14% | 0.42% | 1.18x |
| NVDA | 215.0 | 7.3 | 224.09 | 33 (2026-09-25) | 65.25% | 3.40% | 1.18x |
| NVDA | 210.0 | 4.2 | 224.09 | 23 (2026-09-11) | 73.82% | 2.00% | 1.17x |
| NVDA | 215.0 | 0.98 | 224.09 | 6 (2026-08-19) | 82.53% | 0.46% | 1.17x |
| NVDA | 210.0 | 5.05 | 224.09 | 28 (2026-09-18) | 72.34% | 2.40% | 1.17x |
| NVDA | 220.0 | 0.88 | 224.09 | 3 (2026-08-14) | 75.76% | 0.40% | 1.16x |
| NVDA | 210.0 | 5.75 | 224.09 | 33 (2026-09-25) | 71.27% | 2.74% | 1.16x |
| NVDA | 205.0 | 1.8 | 224.09 | 13 (2026-08-28) | 84.09% | 0.88% | 1.15x |
| NVDA | 205.0 | 2.45 | 224.09 | 18 (2026-09-04) | 81.75% | 1.20% | 1.15x |
| NVDA | 212.5 | 1.05 | 224.09 | 8 (2026-08-21) | 84.16% | 0.49% | 1.14x |
| NVDA | 205.0 | 3.75 | 224.09 | 28 (2026-09-18) | 78.15% | 1.83% | 1.14x |
| NVDA | 205.0 | 3.0 | 224.09 | 23 (2026-09-11) | 80.06% | 1.46% | 1.14x |
| NVDA | 205.0 | 4.4 | 224.09 | 33 (2026-09-25) | 76.83% | 2.15% | 1.13x |
| NVDA | 212.5 | 0.66 | 224.09 | 6 (2026-08-19) | 87.66% | 0.31% | 1.12x |
| NVDA | 215.0 | 0.55 | 224.09 | 4 (2026-08-17) | 87.10% | 0.26% | 1.12x |
| NVDA | 200.0 | 3.35 | 224.09 | 33 (2026-09-25) | 81.50% | 1.68% | 1.11x |
| NVDA | 200.0 | 2.77 | 224.09 | 28 (2026-09-18) | 83.03% | 1.38% | 1.11x |
| NVDA | 200.0 | 1.17 | 224.09 | 13 (2026-08-28) | 89.17% | 0.58% | 1.11x |
| NVDA | 200.0 | 1.66 | 224.09 | 18 (2026-09-04) | 86.87% | 0.83% | 1.11x |
| NVDA | 200.0 | 2.14 | 224.09 | 23 (2026-09-11) | 85.03% | 1.07% | 1.10x |
| NVDA | 210.0 | 0.75 | 224.09 | 8 (2026-08-21) | 88.18% | 0.36% | 1.10x |
| NVDA | 217.5 | 0.47 | 224.09 | 3 (2026-08-14) | 85.78% | 0.22% | 1.10x |
| NVDA | 195.0 | 2.49 | 224.09 | 33 (2026-09-25) | 85.59% | 1.28% | 1.09x |
| NVDA | 210.0 | 0.45 | 224.09 | 6 (2026-08-19) | 91.27% | 0.21% | 1.09x |
| NVDA | 195.0 | 2.02 | 224.09 | 28 (2026-09-18) | 87.05% | 1.04% | 1.08x |
| NVDA | 207.5 | 0.55 | 224.09 | 8 (2026-08-21) | 91.09% | 0.27% | 1.08x |
| NVDA | 195.0 | 1.5 | 224.09 | 23 (2026-09-11) | 88.93% | 0.77% | 1.08x |
| NVDA | 212.5 | 0.34 | 224.09 | 4 (2026-08-17) | 91.63% | 0.16% | 1.08x |
| NVDA | 195.0 | 1.13 | 224.09 | 18 (2026-09-04) | 90.66% | 0.58% | 1.08x |
| NVDA | 195.0 | 0.78 | 224.09 | 13 (2026-08-28) | 92.57% | 0.40% | 1.07x |
| NVDA | 190.0 | 1.85 | 224.09 | 33 (2026-09-25) | 88.90% | 0.97% | 1.07x |
| NVDA | 190.0 | 1.47 | 224.09 | 28 (2026-09-18) | 90.26% | 0.77% | 1.06x |
| NVDA | 205.0 | 0.42 | 224.09 | 8 (2026-08-21) | 93.21% | 0.20% | 1.06x |
| NVDA | 190.0 | 1.08 | 224.09 | 23 (2026-09-11) | 91.88% | 0.57% | 1.06x |
| NVDA | 215.0 | 0.25 | 224.09 | 3 (2026-08-14) | 91.83% | 0.12% | 1.06x |
| NVDA | 190.0 | 0.78 | 224.09 | 18 (2026-09-04) | 93.37% | 0.41% | 1.06x |
| NVDA | 190.0 | 0.55 | 224.09 | 13 (2026-08-28) | 94.74% | 0.29% | 1.05x |
| NVDA | 210.0 | 0.23 | 224.09 | 4 (2026-08-17) | 94.32% | 0.11% | 1.05x |
| NVDA | 185.0 | 1.38 | 224.09 | 33 (2026-09-25) | 91.49% | 0.75% | 1.05x |
| NVDA | 185.0 | 1.1 | 224.09 | 28 (2026-09-18) | 92.49% | 0.59% | 1.05x |
| NVDA | 202.5 | 0.33 | 224.09 | 8 (2026-08-21) | 94.73% | 0.16% | 1.05x |
| NVDA | 205.0 | 0.23 | 224.09 | 6 (2026-08-19) | 95.39% | 0.11% | 1.05x |
| NVDA | 185.0 | 0.78 | 224.09 | 23 (2026-09-11) | 94.05% | 0.42% | 1.04x |
| NVDA | 185.0 | 0.57 | 224.09 | 18 (2026-09-04) | 95.12% | 0.31% | 1.04x |
| NVDA | 200.0 | 0.27 | 224.09 | 8 (2026-08-21) | 95.73% | 0.14% | 1.04x |
| NVDA | 180.0 | 1.02 | 224.09 | 33 (2026-09-25) | 93.54% | 0.57% | 1.04x |
| NVDA | 185.0 | 0.4 | 224.09 | 13 (2026-08-28) | 96.34% | 0.22% | 1.04x |
| NVDA | 180.0 | 0.82 | 224.09 | 28 (2026-09-18) | 94.39% | 0.46% | 1.04x |
| NVDA | 207.5 | 0.16 | 224.09 | 4 (2026-08-17) | 96.03% | 0.08% | 1.04x |
| NVDA | 180.0 | 0.33 | 224.09 | 13 (2026-08-28) | 96.98% | 0.18% | 1.04x |
| NVDA | 180.0 | 0.59 | 224.09 | 23 (2026-09-11) | 95.52% | 0.33% | 1.03x |
| NVDA | 212.5 | 0.15 | 224.09 | 3 (2026-08-14) | 95.18% | 0.07% | 1.03x |
| NVDA | 180.0 | 0.45 | 224.09 | 18 (2026-09-04) | 96.25% | 0.25% | 1.03x |
| NVDA | 175.0 | 0.8 | 224.09 | 33 (2026-09-25) | 94.99% | 0.46% | 1.03x |
| NVDA | 175.0 | 0.64 | 224.09 | 28 (2026-09-18) | 95.67% | 0.37% | 1.03x |
| NVDA | 175.0 | 0.26 | 224.09 | 13 (2026-08-28) | 97.71% | 0.15% | 1.03x |
| NVDA | 175.0 | 0.46 | 224.09 | 23 (2026-09-11) | 96.52% | 0.26% | 1.03x |
| NVDA | 175.0 | 0.33 | 224.09 | 18 (2026-09-04) | 97.28% | 0.19% | 1.03x |
| NVDA | 202.5 | 0.1 | 224.09 | 4 (2026-08-17) | 98.17% | 0.05% | 1.02x |
| NVDA | 205.0 | 0.04 | 224.09 | 3 (2026-08-14) | 98.64% | 0.02% | 1.01x |
| NVDA | 202.5 | 0.03 | 224.09 | 3 (2026-08-14) | 99.20% | 0.01% | 1.01x |
| NVDA | 200.0 | 0.01 | 224.09 | 1 (2026-08-12) | 99.75% | 0.01% | 1.00x |
| NVDA | 202.5 | 0.01 | 224.09 | 1 (2026-08-12) | 99.72% | 0.00% | 1.00x |
| NVDA | 205.0 | 0.01 | 224.09 | 1 (2026-08-12) | 99.69% | 0.00% | 1.00x |
| NVDA | 207.5 | 0.01 | 224.09 | 1 (2026-08-12) | 99.66% | 0.00% | 1.00x |
| NVDA | 210.0 | 0.01 | 224.09 | 1 (2026-08-12) | 99.61% | 0.00% | 1.00x |
| NVDA | 212.5 | 0.01 | 224.09 | 1 (2026-08-12) | 99.55% | 0.00% | 1.00x |
| NVDA | 215.0 | 0.01 | 224.09 | 1 (2026-08-12) | 99.45% | 0.00% | 1.00x |
| NVDA | 217.5 | 0.01 | 224.09 | 1 (2026-08-12) | 99.27% | 0.00% | 1.00x |
| NVDA | 220.0 | 0.01 | 224.09 | 1 (2026-08-12) | 98.81% | 0.00% | 1.00x |