Recommendation: NO
Current Price: $531.65
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 | 530.0 | 4.05 | 531.65 | 5 (2025-06-30) | 56.07% | 0.76% | 1.24x |
| QQQ | 531.0 | 5.03 | 531.65 | 6 (2025-07-01) | 52.68% | 0.95% | 1.23x |
| QQQ | 529.0 | 3.67 | 531.65 | 5 (2025-06-30) | 59.20% | 0.69% | 1.23x |
| QQQ | 528.0 | 3.37 | 531.65 | 5 (2025-06-30) | 62.10% | 0.64% | 1.22x |
| QQQ | 529.0 | 4.28 | 531.65 | 6 (2025-07-01) | 58.32% | 0.81% | 1.22x |
| QQQ | 527.0 | 3.2 | 531.65 | 5 (2025-06-30) | 64.63% | 0.61% | 1.22x |
| QQQ | 530.0 | 4.43 | 531.65 | 6 (2025-07-01) | 55.74% | 0.84% | 1.22x |
| QQQ | 529.0 | 4.91 | 531.65 | 7 (2025-07-02) | 57.61% | 0.93% | 1.21x |
| QQQ | 531.0 | 5.39 | 531.65 | 7 (2025-07-02) | 52.62% | 1.02% | 1.21x |
| QQQ | 527.0 | 3.79 | 531.65 | 6 (2025-07-01) | 63.17% | 0.72% | 1.21x |
| QQQ | 528.0 | 3.93 | 531.65 | 6 (2025-07-01) | 61.01% | 0.74% | 1.21x |
| QQQ | 530.0 | 5.07 | 531.65 | 7 (2025-07-02) | 55.26% | 0.96% | 1.21x |
| QQQ | 526.0 | 3.5 | 531.65 | 6 (2025-07-01) | 65.51% | 0.67% | 1.20x |
| QQQ | 525.0 | 2.69 | 531.65 | 5 (2025-06-30) | 69.49% | 0.51% | 1.20x |
| QQQ | 531.0 | 5.73 | 531.65 | 8 (2025-07-03) | 52.57% | 1.08% | 1.20x |
| QQQ | 529.0 | 5.21 | 531.65 | 8 (2025-07-03) | 57.34% | 0.98% | 1.19x |
| QQQ | 530.0 | 5.42 | 531.65 | 8 (2025-07-03) | 55.06% | 1.02% | 1.19x |
| QQQ | 527.0 | 4.15 | 531.65 | 7 (2025-07-02) | 62.50% | 0.79% | 1.19x |
| QQQ | 528.0 | 4.3 | 531.65 | 7 (2025-07-02) | 60.39% | 0.81% | 1.19x |
| QQQ | 526.0 | 2.71 | 531.65 | 5 (2025-06-30) | 67.83% | 0.52% | 1.19x |
| QQQ | 529.0 | 2.92 | 531.65 | 4 (2025-06-27) | 60.68% | 0.55% | 1.18x |
| QQQ | 528.0 | 4.7 | 531.65 | 8 (2025-07-03) | 59.84% | 0.89% | 1.18x |
| QQQ | 524.0 | 2.99 | 531.65 | 6 (2025-07-01) | 69.87% | 0.57% | 1.18x |
| QQQ | 525.0 | 3.04 | 531.65 | 6 (2025-07-01) | 68.34% | 0.58% | 1.18x |
| QQQ | 527.5 | 4.5 | 531.65 | 8 (2025-07-03) | 61.05% | 0.85% | 1.18x |
| QQQ | 524.0 | 3.45 | 531.65 | 7 (2025-07-02) | 68.54% | 0.66% | 1.18x |
| QQQ | 527.0 | 4.36 | 531.65 | 8 (2025-07-03) | 62.14% | 0.83% | 1.18x |
| QQQ | 525.0 | 3.5 | 531.65 | 7 (2025-07-02) | 67.16% | 0.67% | 1.17x |
| QQQ | 524.0 | 2.31 | 531.65 | 5 (2025-06-30) | 72.39% | 0.44% | 1.17x |
| QQQ | 528.0 | 2.63 | 531.65 | 4 (2025-06-27) | 64.06% | 0.50% | 1.17x |
| QQQ | 526.0 | 3.55 | 531.65 | 7 (2025-07-02) | 65.44% | 0.67% | 1.17x |
| QQQ | 526.0 | 4.04 | 531.65 | 8 (2025-07-03) | 64.37% | 0.77% | 1.17x |
| QQQ | 523.0 | 2.15 | 531.65 | 5 (2025-06-30) | 74.33% | 0.41% | 1.17x |
| QQQ | 522.0 | 2.6 | 531.65 | 6 (2025-07-01) | 73.57% | 0.50% | 1.17x |
| QQQ | 523.0 | 3.14 | 531.65 | 7 (2025-07-02) | 70.66% | 0.60% | 1.16x |
| QQQ | 527.0 | 2.37 | 531.65 | 4 (2025-06-27) | 67.19% | 0.45% | 1.16x |
| QQQ | 525.0 | 3.82 | 531.65 | 8 (2025-07-03) | 66.30% | 0.73% | 1.16x |
| QQQ | 522.0 | 3.02 | 531.65 | 7 (2025-07-02) | 72.15% | 0.58% | 1.16x |
| QQQ | 523.0 | 2.54 | 531.65 | 6 (2025-07-01) | 72.70% | 0.49% | 1.16x |
| QQQ | 524.0 | 3.56 | 531.65 | 8 (2025-07-03) | 68.27% | 0.68% | 1.16x |
| QQQ | 523.0 | 3.44 | 531.65 | 8 (2025-07-03) | 69.79% | 0.66% | 1.16x |
| QQQ | 522.0 | 1.95 | 531.65 | 5 (2025-06-30) | 76.39% | 0.37% | 1.15x |
| QQQ | 526.0 | 2.12 | 531.65 | 4 (2025-06-27) | 70.15% | 0.40% | 1.15x |
| QQQ | 531.0 | 7.99 | 531.65 | 14 (2025-07-11) | 52.41% | 1.50% | 1.15x |
| QQQ | 530.0 | 7.52 | 531.65 | 14 (2025-07-11) | 54.29% | 1.42% | 1.15x |
| QQQ | 527.0 | 6.8 | 531.65 | 14 (2025-07-11) | 59.36% | 1.29% | 1.15x |
| QQQ | 528.0 | 6.86 | 531.65 | 14 (2025-07-11) | 57.85% | 1.30% | 1.14x |
| QQQ | 529.0 | 7.05 | 531.65 | 14 (2025-07-11) | 56.17% | 1.33% | 1.14x |
| QQQ | 525.0 | 1.9 | 531.65 | 4 (2025-06-27) | 72.65% | 0.36% | 1.14x |
| QQQ | 528.0 | 2.1 | 531.65 | 3 (2025-06-26) | 66.00% | 0.40% | 1.14x |
| QQQ | 526.0 | 6.05 | 531.65 | 14 (2025-07-11) | 61.41% | 1.15% | 1.14x |
| QQQ | 524.0 | 5.69 | 531.65 | 14 (2025-07-11) | 64.29% | 1.09% | 1.13x |
| QQQ | 525.0 | 5.81 | 531.65 | 14 (2025-07-11) | 62.97% | 1.11% | 1.13x |
| QQQ | 524.0 | 1.72 | 531.65 | 4 (2025-06-27) | 75.27% | 0.33% | 1.13x |
| QQQ | 527.0 | 1.84 | 531.65 | 3 (2025-06-26) | 69.54% | 0.35% | 1.13x |
| QQQ | 531.0 | 9.31 | 531.65 | 19 (2025-07-18) | 52.43% | 1.75% | 1.13x |
| QQQ | 528.0 | 8.43 | 531.65 | 19 (2025-07-18) | 57.02% | 1.60% | 1.13x |
| QQQ | 523.0 | 5.29 | 531.65 | 14 (2025-07-11) | 65.99% | 1.01% | 1.13x |
| QQQ | 530.0 | 8.89 | 531.65 | 19 (2025-07-18) | 54.04% | 1.68% | 1.13x |
| QQQ | 529.0 | 8.61 | 531.65 | 19 (2025-07-18) | 55.58% | 1.63% | 1.13x |
| QQQ | 522.0 | 5.16 | 531.65 | 14 (2025-07-11) | 67.22% | 0.99% | 1.13x |
| QQQ | 523.0 | 1.56 | 531.65 | 4 (2025-06-27) | 77.45% | 0.30% | 1.12x |
| QQQ | 527.0 | 7.89 | 531.65 | 19 (2025-07-18) | 58.60% | 1.50% | 1.12x |
| QQQ | 526.0 | 7.64 | 531.65 | 19 (2025-07-18) | 59.99% | 1.45% | 1.12x |
| QQQ | 523.0 | 7.05 | 531.65 | 19 (2025-07-18) | 63.74% | 1.35% | 1.12x |
| QQQ | 525.0 | 7.34 | 531.65 | 19 (2025-07-18) | 61.38% | 1.40% | 1.12x |
| QQQ | 526.0 | 1.62 | 531.65 | 3 (2025-06-26) | 72.77% | 0.31% | 1.12x |
| QQQ | 524.0 | 6.96 | 531.65 | 19 (2025-07-18) | 62.83% | 1.33% | 1.12x |
| QQQ | 522.0 | 6.6 | 531.65 | 19 (2025-07-18) | 65.16% | 1.26% | 1.11x |
| QQQ | 525.0 | 1.5 | 531.65 | 3 (2025-06-26) | 75.02% | 0.29% | 1.11x |
| QQQ | 522.0 | 1.39 | 531.65 | 4 (2025-06-27) | 79.62% | 0.27% | 1.11x |
| QQQ | 524.0 | 1.27 | 531.65 | 3 (2025-06-26) | 78.16% | 0.24% | 1.10x |
| QQQ | 527.0 | 1.29 | 531.65 | 2 (2025-06-25) | 73.01% | 0.24% | 1.09x |
| QQQ | 523.0 | 1.12 | 531.65 | 3 (2025-06-26) | 80.54% | 0.21% | 1.09x |
| QQQ | 526.0 | 1.11 | 531.65 | 2 (2025-06-25) | 76.46% | 0.21% | 1.08x |
| QQQ | 522.0 | 0.99 | 531.65 | 3 (2025-06-26) | 82.61% | 0.19% | 1.08x |
| QQQ | 525.0 | 0.95 | 531.65 | 2 (2025-06-25) | 79.56% | 0.18% | 1.08x |
| QQQ | 524.0 | 0.81 | 531.65 | 2 (2025-06-25) | 82.33% | 0.15% | 1.07x |
| QQQ | 523.0 | 0.7 | 531.65 | 2 (2025-06-25) | 85.15% | 0.13% | 1.06x |
| QQQ | 522.0 | 0.6 | 531.65 | 2 (2025-06-25) | 86.72% | 0.11% | 1.05x |
| QQQ | 526.0 | 0.52 | 531.65 | 1 (2025-06-24) | 83.37% | 0.10% | 1.04x |
| QQQ | 525.0 | 0.42 | 531.65 | 1 (2025-06-24) | 86.49% | 0.08% | 1.04x |
| QQQ | 524.0 | 0.35 | 531.65 | 1 (2025-06-24) | 88.78% | 0.07% | 1.03x |
| QQQ | 523.0 | 0.28 | 531.65 | 1 (2025-06-24) | 90.85% | 0.05% | 1.02x |
| QQQ | 522.0 | 0.23 | 531.65 | 1 (2025-06-24) | 92.53% | 0.04% | 1.02x |