Recommendation: NO
Current Price: $76.35
Total Wheels: 6
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 |
---|---|---|---|---|---|---|---|
HOOD | 76.0 | 1.75 | 76.35 | 4 (2025-06-27) | 54.22% | 2.30% | 1.87x |
HOOD | 76.0 | 2.77 | 76.35 | 8 (2025-07-03) | 53.91% | 3.64% | 1.85x |
HOOD | 75.0 | 2.23 | 76.35 | 8 (2025-07-03) | 59.41% | 2.97% | 1.74x |
HOOD | 75.0 | 1.31 | 76.35 | 4 (2025-06-27) | 62.36% | 1.75% | 1.73x |
HOOD | 74.0 | 1.97 | 76.35 | 8 (2025-07-03) | 64.21% | 2.66% | 1.71x |
HOOD | 74.0 | 1.0 | 76.35 | 4 (2025-06-27) | 69.57% | 1.35% | 1.60x |
HOOD | 76.0 | 3.65 | 76.35 | 14 (2025-07-11) | 54.08% | 4.80% | 1.59x |
HOOD | 73.0 | 1.52 | 76.35 | 8 (2025-07-03) | 69.58% | 2.08% | 1.57x |
HOOD | 75.0 | 3.28 | 76.35 | 14 (2025-07-11) | 58.12% | 4.37% | 1.57x |
HOOD | 74.0 | 2.79 | 76.35 | 14 (2025-07-11) | 62.16% | 3.77% | 1.52x |
HOOD | 72.0 | 1.27 | 76.35 | 8 (2025-07-03) | 73.90% | 1.76% | 1.50x |
HOOD | 75.0 | 3.96 | 76.35 | 19 (2025-07-18) | 57.79% | 5.28% | 1.49x |
HOOD | 73.0 | 0.74 | 76.35 | 4 (2025-06-27) | 76.12% | 1.01% | 1.47x |
HOOD | 76.0 | 5.18 | 76.35 | 24 (2025-07-25) | 54.71% | 6.82% | 1.47x |
HOOD | 73.0 | 2.28 | 76.35 | 14 (2025-07-11) | 66.42% | 3.12% | 1.45x |
HOOD | 75.0 | 4.63 | 76.35 | 24 (2025-07-25) | 57.66% | 6.17% | 1.44x |
HOOD | 72.0 | 2.12 | 76.35 | 14 (2025-07-11) | 69.52% | 2.94% | 1.44x |
HOOD | 74.0 | 5.27 | 76.35 | 29 (2025-08-01) | 60.13% | 7.12% | 1.44x |
HOOD | 75.0 | 5.55 | 76.35 | 29 (2025-08-01) | 57.67% | 7.40% | 1.44x |
HOOD | 71.0 | 1.03 | 76.35 | 8 (2025-07-03) | 77.95% | 1.45% | 1.43x |
HOOD | 75.0 | 7.05 | 76.35 | 39 (2025-08-15) E | 58.01% | 9.40% | 1.41x |
HOOD | 73.0 | 3.69 | 76.35 | 24 (2025-07-25) | 63.58% | 5.05% | 1.39x |
HOOD | 74.0 | 3.9 | 76.35 | 24 (2025-07-25) | 60.80% | 5.27% | 1.39x |
HOOD | 71.0 | 1.8 | 76.35 | 14 (2025-07-11) | 72.99% | 2.54% | 1.39x |
HOOD | 72.0 | 3.3 | 76.35 | 24 (2025-07-25) | 66.50% | 4.58% | 1.37x |
HOOD | 72.0 | 4.05 | 76.35 | 29 (2025-08-01) | 65.33% | 5.62% | 1.37x |
HOOD | 72.0 | 0.55 | 76.35 | 4 (2025-06-27) | 81.39% | 0.76% | 1.37x |
HOOD | 70.0 | 0.85 | 76.35 | 8 (2025-07-03) | 81.35% | 1.21% | 1.36x |
HOOD | 73.0 | 4.15 | 76.35 | 29 (2025-08-01) | 63.09% | 5.68% | 1.36x |
HOOD | 70.0 | 3.6 | 76.35 | 29 (2025-08-01) | 69.69% | 5.14% | 1.36x |
HOOD | 71.0 | 3.7 | 76.35 | 29 (2025-08-01) | 67.81% | 5.21% | 1.35x |
HOOD | 70.0 | 4.85 | 76.35 | 39 (2025-08-15) E | 67.94% | 6.93% | 1.35x |
HOOD | 70.0 | 1.52 | 76.35 | 14 (2025-07-11) | 76.34% | 2.17% | 1.34x |
HOOD | 71.0 | 2.89 | 76.35 | 24 (2025-07-25) | 69.35% | 4.07% | 1.34x |
HOOD | 70.0 | 2.11 | 76.35 | 19 (2025-07-18) | 73.58% | 3.01% | 1.34x |
HOOD | 70.0 | 2.63 | 76.35 | 24 (2025-07-25) | 71.84% | 3.76% | 1.32x |
HOOD | 75.0 | 9.06 | 76.35 | 64 (2025-09-19) E | 58.82% | 12.08% | 1.31x |
HOOD | 69.0 | 0.68 | 76.35 | 8 (2025-07-03) | 84.54% | 0.99% | 1.30x |
HOOD | 69.0 | 1.27 | 76.35 | 14 (2025-07-11) | 79.42% | 1.84% | 1.30x |
HOOD | 69.0 | 2.3 | 76.35 | 24 (2025-07-25) | 74.38% | 3.33% | 1.29x |
HOOD | 67.0 | 2.56 | 76.35 | 29 (2025-08-01) | 76.31% | 3.82% | 1.28x |
HOOD | 68.0 | 2.12 | 76.35 | 24 (2025-07-25) | 76.55% | 3.12% | 1.28x |
HOOD | 70.0 | 6.7 | 76.35 | 64 (2025-09-19) E | 66.75% | 9.57% | 1.28x |
HOOD | 65.0 | 3.19 | 76.35 | 39 (2025-08-15) E | 76.88% | 4.91% | 1.27x |
HOOD | 68.0 | 2.51 | 76.35 | 29 (2025-08-01) | 75.20% | 3.69% | 1.27x |
HOOD | 71.0 | 0.39 | 76.35 | 4 (2025-06-27) | 86.02% | 0.55% | 1.27x |
HOOD | 68.0 | 1.07 | 76.35 | 14 (2025-07-11) | 82.14% | 1.57% | 1.26x |
HOOD | 75.0 | 10.1 | 76.35 | 84 (2025-10-17) E | 59.34% | 13.47% | 1.26x |
HOOD | 67.0 | 1.83 | 76.35 | 24 (2025-07-25) | 78.97% | 2.73% | 1.25x |
HOOD | 68.0 | 0.55 | 76.35 | 8 (2025-07-03) | 87.17% | 0.81% | 1.25x |
HOOD | 70.0 | 7.8 | 76.35 | 84 (2025-10-17) E | 66.49% | 11.14% | 1.24x |
HOOD | 67.0 | 0.94 | 76.35 | 14 (2025-07-11) | 84.26% | 1.40% | 1.24x |
HOOD | 65.0 | 4.8 | 76.35 | 64 (2025-09-19) E | 74.18% | 7.38% | 1.23x |
HOOD | 75.0 | 11.7 | 76.35 | 109 (2025-11-21) E | 60.19% | 15.60% | 1.23x |
HOOD | 70.0 | 9.57 | 76.35 | 109 (2025-11-21) E | 66.42% | 13.67% | 1.22x |
HOOD | 70.0 | 0.3 | 76.35 | 4 (2025-06-27) | 88.84% | 0.43% | 1.21x |
HOOD | 65.0 | 5.8 | 76.35 | 84 (2025-10-17) E | 73.23% | 8.92% | 1.21x |
HOOD | 67.0 | 0.45 | 76.35 | 8 (2025-07-03) | 89.36% | 0.67% | 1.21x |
HOOD | 65.0 | 1.04 | 76.35 | 19 (2025-07-18) | 85.31% | 1.60% | 1.20x |
HOOD | 60.0 | 2.0 | 76.35 | 39 (2025-08-15) E | 84.19% | 3.33% | 1.20x |
HOOD | 65.0 | 7.22 | 76.35 | 109 (2025-11-21) E | 72.39% | 11.11% | 1.20x |
HOOD | 60.0 | 3.29 | 76.35 | 64 (2025-09-19) E | 80.95% | 5.48% | 1.19x |
HOOD | 60.0 | 5.55 | 76.35 | 109 (2025-11-21) E | 77.86% | 9.25% | 1.17x |
HOOD | 60.0 | 4.15 | 76.35 | 84 (2025-10-17) E | 79.48% | 6.92% | 1.17x |
HOOD | 69.0 | 0.24 | 76.35 | 4 (2025-06-27) | 91.31% | 0.35% | 1.17x |
HOOD | 55.0 | 4.05 | 76.35 | 109 (2025-11-21) E | 82.88% | 7.36% | 1.15x |
HOOD | 55.0 | 3.0 | 76.35 | 84 (2025-10-17) E | 84.64% | 5.45% | 1.15x |
HOOD | 55.0 | 2.2 | 76.35 | 64 (2025-09-19) E | 86.35% | 4.00% | 1.14x |
HOOD | 55.0 | 1.18 | 76.35 | 39 (2025-08-15) E | 90.03% | 2.15% | 1.13x |
HOOD | 50.0 | 2.85 | 76.35 | 109 (2025-11-21) E | 87.28% | 5.70% | 1.12x |
HOOD | 68.0 | 0.16 | 76.35 | 4 (2025-06-27) | 93.95% | 0.24% | 1.12x |
HOOD | 60.0 | 0.52 | 76.35 | 19 (2025-07-18) | 92.23% | 0.87% | 1.11x |
HOOD | 50.0 | 1.89 | 76.35 | 84 (2025-10-17) E | 89.42% | 3.78% | 1.10x |
HOOD | 50.0 | 1.35 | 76.35 | 64 (2025-09-19) E | 91.08% | 2.70% | 1.10x |
HOOD | 67.0 | 0.13 | 76.35 | 4 (2025-06-27) | 95.15% | 0.19% | 1.10x |
HOOD | 49.0 | 1.23 | 76.35 | 64 (2025-09-19) E | 91.79% | 2.51% | 1.09x |
HOOD | 46.0 | 1.07 | 76.35 | 64 (2025-09-19) E | 93.17% | 2.33% | 1.09x |
HOOD | 46.0 | 0.62 | 76.35 | 39 (2025-08-15) E | 95.07% | 1.35% | 1.09x |
HOOD | 50.0 | 0.65 | 76.35 | 39 (2025-08-15) E | 94.11% | 1.30% | 1.08x |
HOOD | 47.0 | 1.0 | 76.35 | 64 (2025-09-19) E | 93.09% | 2.13% | 1.08x |
HOOD | 45.0 | 1.22 | 76.35 | 84 (2025-10-17) E | 92.88% | 2.71% | 1.08x |
HOOD | 47.0 | 0.45 | 76.35 | 39 (2025-08-15) E | 95.84% | 0.96% | 1.06x |
HOOD | 55.0 | 0.23 | 76.35 | 19 (2025-07-18) | 96.34% | 0.42% | 1.05x |
HOOD | 35.0 | 0.42 | 76.35 | 84 (2025-10-17) E | 97.34% | 1.20% | 1.04x |
HOOD | 50.0 | 0.12 | 76.35 | 19 (2025-07-18) | 98.16% | 0.24% | 1.03x |