Recommendation: NO
Current Price: $609.65
Total Wheels: 1
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 |
|---|---|---|---|---|---|---|---|
| QQQ | 609.0 | 7.03 | 609.65 | 5 (2026-02-13) | 52.19% | 1.15% | 1.35x |
| QQQ | 608.0 | 6.65 | 609.65 | 5 (2026-02-13) | 54.29% | 1.09% | 1.35x |
| QQQ | 607.0 | 6.28 | 609.65 | 5 (2026-02-13) | 56.34% | 1.03% | 1.34x |
| QQQ | 606.0 | 5.93 | 609.65 | 5 (2026-02-13) | 58.33% | 0.98% | 1.33x |
| QQQ | 605.0 | 5.6 | 609.65 | 5 (2026-02-13) | 60.24% | 0.93% | 1.32x |
| QQQ | 604.0 | 5.29 | 609.65 | 5 (2026-02-13) | 62.11% | 0.88% | 1.31x |
| QQQ | 609.0 | 6.24 | 609.65 | 4 (2026-02-12) | 52.27% | 1.02% | 1.31x |
| QQQ | 603.0 | 4.99 | 609.65 | 5 (2026-02-13) | 63.91% | 0.83% | 1.30x |
| QQQ | 608.0 | 5.85 | 609.65 | 4 (2026-02-12) | 54.63% | 0.96% | 1.30x |
| QQQ | 602.0 | 4.71 | 609.65 | 5 (2026-02-13) | 65.63% | 0.78% | 1.29x |
| QQQ | 606.0 | 5.14 | 609.65 | 4 (2026-02-12) | 59.13% | 0.85% | 1.29x |
| QQQ | 601.0 | 4.44 | 609.65 | 5 (2026-02-13) | 67.32% | 0.74% | 1.28x |
| QQQ | 605.0 | 4.81 | 609.65 | 4 (2026-02-12) | 61.27% | 0.80% | 1.28x |
| QQQ | 600.0 | 4.19 | 609.65 | 5 (2026-02-13) | 68.90% | 0.70% | 1.27x |
| QQQ | 604.0 | 4.5 | 609.65 | 4 (2026-02-12) | 63.33% | 0.75% | 1.27x |
| QQQ | 603.0 | 4.21 | 609.65 | 4 (2026-02-12) | 65.32% | 0.70% | 1.26x |
| QQQ | 608.0 | 5.02 | 609.65 | 3 (2026-02-11) | 55.10% | 0.83% | 1.26x |
| QQQ | 607.0 | 4.65 | 609.65 | 3 (2026-02-11) | 57.72% | 0.77% | 1.25x |
| QQQ | 602.0 | 3.94 | 609.65 | 4 (2026-02-12) | 67.20% | 0.65% | 1.25x |
| QQQ | 606.0 | 4.32 | 609.65 | 3 (2026-02-11) | 60.22% | 0.71% | 1.24x |
| QQQ | 601.0 | 3.69 | 609.65 | 4 (2026-02-12) | 69.01% | 0.61% | 1.24x |
| QQQ | 605.0 | 4.0 | 609.65 | 3 (2026-02-11) | 62.53% | 0.66% | 1.23x |
| QQQ | 609.0 | 9.52 | 609.65 | 10 (2026-02-20) | 52.12% | 1.56% | 1.23x |
| QQQ | 600.0 | 3.44 | 609.65 | 4 (2026-02-12) | 70.77% | 0.57% | 1.23x |
| QQQ | 608.0 | 9.13 | 609.65 | 10 (2026-02-20) | 53.71% | 1.50% | 1.22x |
| QQQ | 604.0 | 3.7 | 609.65 | 3 (2026-02-11) | 64.98% | 0.61% | 1.22x |
| QQQ | 607.0 | 8.75 | 609.65 | 10 (2026-02-20) | 55.25% | 1.44% | 1.22x |
| QQQ | 606.0 | 8.41 | 609.65 | 10 (2026-02-20) | 56.76% | 1.39% | 1.22x |
| QQQ | 605.0 | 8.07 | 609.65 | 10 (2026-02-20) | 58.23% | 1.33% | 1.22x |
| QQQ | 603.0 | 3.43 | 609.65 | 3 (2026-02-11) | 67.12% | 0.57% | 1.21x |
| QQQ | 604.0 | 7.73 | 609.65 | 10 (2026-02-20) | 59.67% | 1.28% | 1.21x |
| QQQ | 603.0 | 7.41 | 609.65 | 10 (2026-02-20) | 61.08% | 1.23% | 1.21x |
| QQQ | 602.0 | 7.11 | 609.65 | 10 (2026-02-20) | 62.44% | 1.18% | 1.20x |
| QQQ | 602.0 | 3.17 | 609.65 | 3 (2026-02-11) | 69.21% | 0.53% | 1.20x |
| QQQ | 601.0 | 6.82 | 609.65 | 10 (2026-02-20) | 63.76% | 1.13% | 1.20x |
| QQQ | 600.0 | 6.54 | 609.65 | 10 (2026-02-20) | 65.05% | 1.09% | 1.19x |
| QQQ | 601.0 | 2.93 | 609.65 | 3 (2026-02-11) | 71.19% | 0.49% | 1.19x |
| QQQ | 609.0 | 12.03 | 609.65 | 15 (2026-02-27) | 52.17% | 1.98% | 1.19x |
| QQQ | 608.0 | 11.63 | 609.65 | 15 (2026-02-27) | 53.43% | 1.91% | 1.19x |
| QQQ | 607.0 | 3.46 | 609.65 | 2 (2026-02-10) | 59.42% | 0.57% | 1.19x |
| QQQ | 607.0 | 11.26 | 609.65 | 15 (2026-02-27) | 54.68% | 1.86% | 1.18x |
| QQQ | 606.0 | 10.9 | 609.65 | 15 (2026-02-27) | 55.90% | 1.80% | 1.18x |
| QQQ | 605.0 | 10.55 | 609.65 | 15 (2026-02-27) | 57.09% | 1.74% | 1.18x |
| QQQ | 600.0 | 2.71 | 609.65 | 3 (2026-02-11) | 73.06% | 0.45% | 1.18x |
| QQQ | 604.0 | 10.21 | 609.65 | 15 (2026-02-27) | 58.26% | 1.69% | 1.18x |
| QQQ | 606.0 | 3.14 | 609.65 | 2 (2026-02-10) | 62.51% | 0.52% | 1.18x |
| QQQ | 603.0 | 9.88 | 609.65 | 15 (2026-02-27) | 59.41% | 1.64% | 1.18x |
| QQQ | 602.0 | 9.56 | 609.65 | 15 (2026-02-27) | 60.53% | 1.59% | 1.17x |
| QQQ | 601.0 | 9.25 | 609.65 | 15 (2026-02-27) | 61.63% | 1.54% | 1.17x |
| QQQ | 600.0 | 8.95 | 609.65 | 15 (2026-02-27) | 62.70% | 1.49% | 1.17x |
| QQQ | 605.0 | 2.84 | 609.65 | 2 (2026-02-10) | 65.43% | 0.47% | 1.17x |
| QQQ | 609.0 | 13.64 | 609.65 | 20 (2026-03-06) | 52.27% | 2.24% | 1.16x |
| QQQ | 604.0 | 2.57 | 609.65 | 2 (2026-02-10) | 68.18% | 0.43% | 1.16x |
| QQQ | 608.0 | 13.26 | 609.65 | 20 (2026-03-06) | 53.38% | 2.18% | 1.16x |
| QQQ | 607.0 | 12.89 | 609.65 | 20 (2026-03-06) | 54.48% | 2.12% | 1.16x |
| QQQ | 606.0 | 12.53 | 609.65 | 20 (2026-03-06) | 55.56% | 2.07% | 1.15x |
| QQQ | 605.0 | 12.18 | 609.65 | 20 (2026-03-06) | 56.62% | 2.01% | 1.15x |
| QQQ | 604.0 | 11.83 | 609.65 | 20 (2026-03-06) | 57.67% | 1.96% | 1.15x |
| QQQ | 603.0 | 11.5 | 609.65 | 20 (2026-03-06) | 58.69% | 1.91% | 1.15x |
| QQQ | 602.0 | 11.18 | 609.65 | 20 (2026-03-06) | 59.69% | 1.86% | 1.15x |
| QQQ | 601.0 | 10.87 | 609.65 | 20 (2026-03-06) | 60.67% | 1.81% | 1.15x |
| QQQ | 603.0 | 2.32 | 609.65 | 2 (2026-02-10) | 70.80% | 0.38% | 1.15x |
| QQQ | 600.0 | 10.56 | 609.65 | 20 (2026-03-06) | 61.64% | 1.76% | 1.15x |
| QQQ | 609.0 | 14.98 | 609.65 | 25 (2026-03-13) | 52.37% | 2.46% | 1.14x |
| QQQ | 608.0 | 14.6 | 609.65 | 25 (2026-03-13) | 53.39% | 2.40% | 1.14x |
| QQQ | 602.0 | 2.09 | 609.65 | 2 (2026-02-10) | 73.26% | 0.35% | 1.14x |
| QQQ | 607.0 | 14.23 | 609.65 | 25 (2026-03-13) | 54.39% | 2.34% | 1.14x |
| QQQ | 606.0 | 13.87 | 609.65 | 25 (2026-03-13) | 55.38% | 2.29% | 1.14x |
| QQQ | 605.0 | 13.52 | 609.65 | 25 (2026-03-13) | 56.34% | 2.23% | 1.13x |
| QQQ | 604.0 | 13.18 | 609.65 | 25 (2026-03-13) | 57.30% | 2.18% | 1.13x |
| QQQ | 603.0 | 12.85 | 609.65 | 25 (2026-03-13) | 58.24% | 2.13% | 1.13x |
| QQQ | 602.0 | 12.53 | 609.65 | 25 (2026-03-13) | 59.16% | 2.08% | 1.13x |
| QQQ | 601.0 | 12.21 | 609.65 | 25 (2026-03-13) | 60.06% | 2.03% | 1.13x |
| QQQ | 600.0 | 11.9 | 609.65 | 25 (2026-03-13) | 60.93% | 1.98% | 1.13x |
| QQQ | 601.0 | 1.89 | 609.65 | 2 (2026-02-10) | 75.50% | 0.31% | 1.13x |
| QQQ | 609.0 | 16.44 | 609.65 | 30 (2026-03-20) | 52.47% | 2.70% | 1.13x |
| QQQ | 608.0 | 16.06 | 609.65 | 30 (2026-03-20) | 53.40% | 2.64% | 1.12x |
| QQQ | 607.0 | 15.68 | 609.65 | 30 (2026-03-20) | 54.32% | 2.58% | 1.12x |
| QQQ | 606.0 | 15.32 | 609.65 | 30 (2026-03-20) | 55.22% | 2.53% | 1.12x |
| QQQ | 605.0 | 14.97 | 609.65 | 30 (2026-03-20) | 56.11% | 2.47% | 1.12x |
| QQQ | 604.0 | 14.63 | 609.65 | 30 (2026-03-20) | 56.99% | 2.42% | 1.12x |
| QQQ | 603.0 | 14.3 | 609.65 | 30 (2026-03-20) | 57.86% | 2.37% | 1.12x |
| QQQ | 602.0 | 13.97 | 609.65 | 30 (2026-03-20) | 58.70% | 2.32% | 1.12x |
| QQQ | 601.0 | 13.65 | 609.65 | 30 (2026-03-20) | 59.53% | 2.27% | 1.12x |
| QQQ | 600.0 | 13.34 | 609.65 | 30 (2026-03-20) | 60.36% | 2.22% | 1.12x |
| QQQ | 600.0 | 1.72 | 609.65 | 2 (2026-02-10) | 77.49% | 0.29% | 1.12x |
| QQQ | 605.0 | 1.76 | 609.65 | 1 (2026-02-09) | 69.90% | 0.29% | 1.11x |
| QQQ | 604.0 | 1.52 | 609.65 | 1 (2026-02-09) | 73.29% | 0.25% | 1.10x |
| QQQ | 603.0 | 1.31 | 609.65 | 1 (2026-02-09) | 76.39% | 0.22% | 1.09x |
| QQQ | 602.0 | 1.13 | 609.65 | 1 (2026-02-09) | 79.19% | 0.19% | 1.08x |
| QQQ | 601.0 | 0.96 | 609.65 | 1 (2026-02-09) | 81.90% | 0.16% | 1.07x |
| QQQ | 600.0 | 0.84 | 609.65 | 1 (2026-02-09) | 83.96% | 0.14% | 1.06x |