Recommendation: NO
Current Price: $485.93
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 | 485.0 | 5.74 | 485.93 | 5 (2025-05-12) | 53.19% | 1.18% | 1.37x |
| QQQ | 484.0 | 5.39 | 485.93 | 5 (2025-05-12) | 55.64% | 1.11% | 1.37x |
| QQQ | 485.0 | 6.4 | 485.93 | 6 (2025-05-13) | 53.03% | 1.32% | 1.34x |
| QQQ | 483.0 | 4.8 | 485.93 | 5 (2025-05-12) | 58.29% | 0.99% | 1.34x |
| QQQ | 485.0 | 5.14 | 485.93 | 4 (2025-05-09) | 53.36% | 1.06% | 1.33x |
| QQQ | 483.0 | 5.7 | 485.93 | 6 (2025-05-13) | 57.40% | 1.18% | 1.33x |
| QQQ | 481.0 | 4.28 | 485.93 | 5 (2025-05-12) | 62.73% | 0.89% | 1.32x |
| QQQ | 482.0 | 4.43 | 485.93 | 5 (2025-05-12) | 60.72% | 0.92% | 1.32x |
| QQQ | 484.0 | 5.84 | 485.93 | 6 (2025-05-13) | 55.39% | 1.21% | 1.32x |
| QQQ | 480.0 | 3.95 | 485.93 | 5 (2025-05-12) | 64.96% | 0.82% | 1.31x |
| QQQ | 484.0 | 4.6 | 485.93 | 4 (2025-05-09) | 56.24% | 0.95% | 1.31x |
| QQQ | 485.0 | 6.85 | 485.93 | 7 (2025-05-14) | 52.97% | 1.41% | 1.31x |
| QQQ | 483.0 | 4.24 | 485.93 | 4 (2025-05-09) | 58.97% | 0.88% | 1.30x |
| QQQ | 481.0 | 4.83 | 485.93 | 6 (2025-05-13) | 61.85% | 1.00% | 1.30x |
| QQQ | 484.0 | 6.36 | 485.93 | 7 (2025-05-14) | 55.14% | 1.31% | 1.30x |
| QQQ | 482.5 | 4.12 | 485.93 | 4 (2025-05-09) | 60.22% | 0.85% | 1.29x |
| QQQ | 485.0 | 7.43 | 485.93 | 8 (2025-05-15) | 52.89% | 1.53% | 1.29x |
| QQQ | 482.0 | 3.93 | 485.93 | 4 (2025-05-09) | 61.55% | 0.82% | 1.29x |
| QQQ | 484.0 | 7.0 | 485.93 | 8 (2025-05-15) | 54.88% | 1.45% | 1.28x |
| QQQ | 485.0 | 4.44 | 485.93 | 3 (2025-05-08) | 53.65% | 0.92% | 1.28x |
| QQQ | 480.0 | 4.38 | 485.93 | 6 (2025-05-13) | 64.12% | 0.91% | 1.28x |
| QQQ | 483.0 | 6.63 | 485.93 | 8 (2025-05-15) | 56.79% | 1.37% | 1.28x |
| QQQ | 481.0 | 3.64 | 485.93 | 4 (2025-05-09) | 63.99% | 0.76% | 1.28x |
| QQQ | 485.0 | 7.88 | 485.93 | 9 (2025-05-16) | 52.85% | 1.62% | 1.27x |
| QQQ | 478.0 | 3.17 | 485.93 | 5 (2025-05-12) | 69.71% | 0.66% | 1.26x |
| QQQ | 484.0 | 3.92 | 485.93 | 3 (2025-05-08) | 56.94% | 0.81% | 1.26x |
| QQQ | 480.0 | 3.33 | 485.93 | 4 (2025-05-09) | 66.41% | 0.69% | 1.26x |
| QQQ | 482.0 | 5.2 | 485.93 | 7 (2025-05-14) | 59.71% | 1.08% | 1.26x |
| QQQ | 479.0 | 3.21 | 485.93 | 5 (2025-05-12) | 68.26% | 0.67% | 1.26x |
| QQQ | 480.0 | 4.83 | 485.93 | 7 (2025-05-14) | 63.36% | 1.01% | 1.26x |
| QQQ | 482.0 | 5.95 | 485.93 | 8 (2025-05-15) | 58.96% | 1.23% | 1.26x |
| QQQ | 477.0 | 3.03 | 485.93 | 5 (2025-05-12) | 71.33% | 0.64% | 1.26x |
| QQQ | 477.0 | 3.74 | 485.93 | 6 (2025-05-13) | 69.35% | 0.78% | 1.26x |
| QQQ | 483.0 | 3.6 | 485.93 | 3 (2025-05-08) | 59.93% | 0.75% | 1.25x |
| QQQ | 480.0 | 5.48 | 485.93 | 8 (2025-05-15) | 62.43% | 1.14% | 1.25x |
| QQQ | 481.0 | 5.62 | 485.93 | 8 (2025-05-15) | 60.84% | 1.17% | 1.25x |
| QQQ | 479.0 | 3.04 | 485.93 | 4 (2025-05-09) | 68.75% | 0.63% | 1.25x |
| QQQ | 482.0 | 3.3 | 485.93 | 3 (2025-05-08) | 62.82% | 0.68% | 1.24x |
| QQQ | 476.0 | 2.77 | 485.93 | 5 (2025-05-12) | 73.28% | 0.58% | 1.24x |
| QQQ | 476.0 | 3.4 | 485.93 | 6 (2025-05-13) | 71.36% | 0.71% | 1.24x |
| QQQ | 480.0 | 5.93 | 485.93 | 9 (2025-05-16) | 61.88% | 1.24% | 1.24x |
| QQQ | 479.0 | 4.96 | 485.93 | 8 (2025-05-15) | 64.50% | 1.04% | 1.23x |
| QQQ | 481.0 | 2.9 | 485.93 | 3 (2025-05-08) | 66.03% | 0.60% | 1.22x |
| QQQ | 478.0 | 3.28 | 485.93 | 6 (2025-05-13) | 69.41% | 0.69% | 1.22x |
| QQQ | 481.0 | 4.25 | 485.93 | 7 (2025-05-14) | 62.82% | 0.88% | 1.22x |
| QQQ | 478.0 | 2.59 | 485.93 | 4 (2025-05-09) | 71.65% | 0.54% | 1.22x |
| QQQ | 484.0 | 3.2 | 485.93 | 2 (2025-05-07) | 58.04% | 0.66% | 1.21x |
| QQQ | 480.0 | 2.66 | 485.93 | 3 (2025-05-08) | 68.46% | 0.55% | 1.21x |
| QQQ | 485.0 | 9.77 | 485.93 | 14 (2025-05-23) | 52.78% | 2.01% | 1.21x |
| QQQ | 477.0 | 3.63 | 485.93 | 7 (2025-05-14) | 69.63% | 0.76% | 1.21x |
| QQQ | 477.5 | 2.46 | 485.93 | 4 (2025-05-09) | 72.74% | 0.52% | 1.21x |
| QQQ | 475.0 | 4.5 | 485.93 | 9 (2025-05-16) | 69.67% | 0.95% | 1.20x |
| QQQ | 483.0 | 8.75 | 485.93 | 14 (2025-05-23) | 55.88% | 1.81% | 1.20x |
| QQQ | 483.0 | 2.82 | 485.93 | 2 (2025-05-07) | 61.65% | 0.58% | 1.20x |
| QQQ | 481.0 | 8.21 | 485.93 | 14 (2025-05-23) | 58.72% | 1.71% | 1.20x |
| QQQ | 478.0 | 4.03 | 485.93 | 8 (2025-05-15) | 67.52% | 0.84% | 1.20x |
| QQQ | 477.0 | 3.9 | 485.93 | 8 (2025-05-15) | 69.01% | 0.82% | 1.19x |
| QQQ | 479.0 | 2.37 | 485.93 | 3 (2025-05-08) | 71.13% | 0.49% | 1.19x |
| QQQ | 480.0 | 7.88 | 485.93 | 14 (2025-05-23) | 60.12% | 1.64% | 1.19x |
| QQQ | 482.5 | 8.28 | 485.93 | 14 (2025-05-23) | 56.76% | 1.72% | 1.19x |
| QQQ | 476.0 | 3.17 | 485.93 | 7 (2025-05-14) | 71.99% | 0.67% | 1.19x |
| QQQ | 482.0 | 2.52 | 485.93 | 2 (2025-05-07) | 65.04% | 0.52% | 1.19x |
| QQQ | 476.0 | 3.63 | 485.93 | 8 (2025-05-15) | 70.72% | 0.76% | 1.18x |
| QQQ | 478.0 | 7.06 | 485.93 | 14 (2025-05-23) | 63.01% | 1.48% | 1.18x |
| QQQ | 484.0 | 8.23 | 485.93 | 14 (2025-05-23) | 54.58% | 1.70% | 1.18x |
| QQQ | 478.0 | 2.13 | 485.93 | 3 (2025-05-08) | 73.51% | 0.45% | 1.18x |
| QQQ | 479.0 | 7.11 | 485.93 | 14 (2025-05-23) | 61.89% | 1.48% | 1.18x |
| QQQ | 477.5 | 6.68 | 485.93 | 14 (2025-05-23) | 63.93% | 1.40% | 1.17x |
| QQQ | 481.0 | 2.16 | 485.93 | 2 (2025-05-07) | 68.57% | 0.45% | 1.17x |
| QQQ | 477.0 | 1.91 | 485.93 | 3 (2025-05-08) | 75.82% | 0.40% | 1.17x |
| QQQ | 470.0 | 3.34 | 485.93 | 9 (2025-05-16) | 76.36% | 0.71% | 1.16x |
| QQQ | 469.0 | 3.08 | 485.93 | 9 (2025-05-16) | 77.74% | 0.66% | 1.15x |
| QQQ | 476.0 | 1.72 | 485.93 | 3 (2025-05-08) | 77.91% | 0.36% | 1.15x |
| QQQ | 480.0 | 1.84 | 485.93 | 2 (2025-05-07) | 71.97% | 0.38% | 1.15x |
| QQQ | 468.0 | 2.93 | 485.93 | 9 (2025-05-16) | 78.78% | 0.63% | 1.15x |
| QQQ | 467.0 | 2.73 | 485.93 | 9 (2025-05-16) | 79.96% | 0.58% | 1.14x |
| QQQ | 466.0 | 2.64 | 485.93 | 9 (2025-05-16) | 80.75% | 0.57% | 1.14x |
| QQQ | 479.0 | 1.61 | 485.93 | 2 (2025-05-07) | 74.87% | 0.34% | 1.14x |
| QQQ | 465.0 | 2.51 | 485.93 | 9 (2025-05-16) | 81.66% | 0.54% | 1.13x |
| QQQ | 478.0 | 1.42 | 485.93 | 2 (2025-05-07) | 77.45% | 0.30% | 1.12x |
| QQQ | 464.0 | 2.29 | 485.93 | 9 (2025-05-16) | 82.88% | 0.49% | 1.12x |
| QQQ | 477.0 | 1.2 | 485.93 | 2 (2025-05-07) | 79.99% | 0.25% | 1.11x |
| QQQ | 476.0 | 1.02 | 485.93 | 2 (2025-05-07) | 82.61% | 0.21% | 1.09x |
| QQQ | 482.0 | 1.13 | 485.93 | 1 (2025-05-06) | 72.57% | 0.23% | 1.09x |
| QQQ | 481.0 | 0.88 | 485.93 | 1 (2025-05-06) | 77.37% | 0.18% | 1.07x |
| QQQ | 480.0 | 0.71 | 485.93 | 1 (2025-05-06) | 81.12% | 0.15% | 1.06x |
| QQQ | 479.0 | 0.55 | 485.93 | 1 (2025-05-06) | 84.65% | 0.11% | 1.05x |
| QQQ | 478.0 | 0.45 | 485.93 | 1 (2025-05-06) | 87.26% | 0.09% | 1.04x |
| QQQ | 477.0 | 0.34 | 485.93 | 1 (2025-05-06) | 90.01% | 0.07% | 1.03x |
| QQQ | 476.0 | 0.27 | 485.93 | 1 (2025-05-06) | 91.78% | 0.06% | 1.03x |