Recommendation: NO
Current Price: $683.96
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 | 683.0 | 9.89 | 683.96 | 5 (2026-07-31) | 52.38% | 1.45% | 1.46x |
| QQQ | 682.0 | 9.48 | 683.96 | 5 (2026-07-31) | 53.89% | 1.39% | 1.46x |
| QQQ | 681.0 | 9.09 | 683.96 | 5 (2026-07-31) | 55.37% | 1.33% | 1.45x |
| QQQ | 680.0 | 8.73 | 683.96 | 5 (2026-07-31) | 56.82% | 1.28% | 1.44x |
| QQQ | 679.0 | 8.35 | 683.96 | 5 (2026-07-31) | 58.25% | 1.23% | 1.43x |
| QQQ | 678.0 | 7.99 | 683.96 | 5 (2026-07-31) | 59.66% | 1.18% | 1.42x |
| QQQ | 677.0 | 7.65 | 683.96 | 5 (2026-07-31) | 61.04% | 1.13% | 1.41x |
| QQQ | 683.0 | 10.79 | 683.96 | 6 (2026-08-03) | 52.34% | 1.58% | 1.41x |
| QQQ | 682.0 | 10.38 | 683.96 | 6 (2026-08-03) | 53.73% | 1.52% | 1.41x |
| QQQ | 676.0 | 7.32 | 683.96 | 5 (2026-07-31) | 62.38% | 1.08% | 1.40x |
| QQQ | 681.0 | 9.99 | 683.96 | 6 (2026-08-03) | 55.10% | 1.47% | 1.40x |
| QQQ | 683.0 | 8.71 | 683.96 | 4 (2026-07-30) | 52.47% | 1.28% | 1.40x |
| QQQ | 680.0 | 9.62 | 683.96 | 6 (2026-08-03) | 56.44% | 1.41% | 1.40x |
| QQQ | 675.0 | 7.01 | 683.96 | 5 (2026-07-31) | 63.69% | 1.04% | 1.39x |
| QQQ | 682.0 | 8.31 | 683.96 | 4 (2026-07-30) | 54.16% | 1.22% | 1.39x |
| QQQ | 679.0 | 9.24 | 683.96 | 6 (2026-08-03) | 57.76% | 1.36% | 1.39x |
| QQQ | 674.0 | 6.7 | 683.96 | 5 (2026-07-31) | 65.00% | 0.99% | 1.38x |
| QQQ | 678.0 | 8.88 | 683.96 | 6 (2026-08-03) | 59.06% | 1.31% | 1.38x |
| QQQ | 680.0 | 7.56 | 683.96 | 4 (2026-07-30) | 57.46% | 1.11% | 1.38x |
| QQQ | 683.0 | 11.53 | 683.96 | 7 (2026-08-04) | 52.33% | 1.69% | 1.37x |
| QQQ | 679.0 | 7.19 | 683.96 | 4 (2026-07-30) | 59.06% | 1.06% | 1.37x |
| QQQ | 682.0 | 11.11 | 683.96 | 7 (2026-08-04) | 53.63% | 1.63% | 1.37x |
| QQQ | 676.0 | 8.2 | 683.96 | 6 (2026-08-03) | 61.59% | 1.21% | 1.37x |
| QQQ | 681.0 | 10.73 | 683.96 | 7 (2026-08-04) | 54.91% | 1.58% | 1.36x |
| QQQ | 678.0 | 6.84 | 683.96 | 4 (2026-07-30) | 60.63% | 1.01% | 1.36x |
| QQQ | 675.0 | 7.89 | 683.96 | 6 (2026-08-03) | 62.81% | 1.17% | 1.36x |
| QQQ | 680.0 | 10.35 | 683.96 | 7 (2026-08-04) | 56.18% | 1.52% | 1.36x |
| QQQ | 679.0 | 9.96 | 683.96 | 7 (2026-08-04) | 57.43% | 1.47% | 1.35x |
| QQQ | 674.0 | 7.57 | 683.96 | 6 (2026-08-03) | 64.01% | 1.12% | 1.35x |
| QQQ | 677.0 | 6.51 | 683.96 | 4 (2026-07-30) | 62.15% | 0.96% | 1.35x |
| QQQ | 678.0 | 9.6 | 683.96 | 7 (2026-08-04) | 58.66% | 1.42% | 1.35x |
| QQQ | 676.0 | 6.2 | 683.96 | 4 (2026-07-30) | 63.62% | 0.92% | 1.34x |
| QQQ | 683.0 | 12.18 | 683.96 | 8 (2026-08-05) | 52.32% | 1.78% | 1.34x |
| QQQ | 682.0 | 11.77 | 683.96 | 8 (2026-08-05) | 53.56% | 1.73% | 1.34x |
| QQQ | 681.0 | 11.38 | 683.96 | 8 (2026-08-05) | 54.78% | 1.67% | 1.33x |
| QQQ | 675.0 | 5.89 | 683.96 | 4 (2026-07-30) | 65.09% | 0.87% | 1.33x |
| QQQ | 680.0 | 11.0 | 683.96 | 8 (2026-08-05) | 55.97% | 1.62% | 1.33x |
| QQQ | 675.0 | 8.59 | 683.96 | 7 (2026-08-04) | 62.20% | 1.27% | 1.33x |
| QQQ | 674.0 | 8.27 | 683.96 | 7 (2026-08-04) | 63.34% | 1.23% | 1.32x |
| QQQ | 674.0 | 5.59 | 683.96 | 4 (2026-07-30) | 66.51% | 0.83% | 1.32x |
| QQQ | 678.0 | 10.26 | 683.96 | 8 (2026-08-05) | 58.33% | 1.51% | 1.32x |
| QQQ | 683.0 | 7.12 | 683.96 | 3 (2026-07-29) | 52.69% | 1.04% | 1.32x |
| QQQ | 677.0 | 9.9 | 683.96 | 8 (2026-08-05) | 59.49% | 1.46% | 1.31x |
| QQQ | 682.0 | 6.72 | 683.96 | 3 (2026-07-29) | 54.73% | 0.99% | 1.31x |
| QQQ | 681.0 | 6.34 | 683.96 | 3 (2026-07-29) | 56.73% | 0.93% | 1.30x |
| QQQ | 675.0 | 9.23 | 683.96 | 8 (2026-08-05) | 61.71% | 1.37% | 1.30x |
| QQQ | 680.0 | 11.56 | 683.96 | 9 (2026-08-06) | 55.83% | 1.70% | 1.30x |
| QQQ | 680.0 | 6.0 | 683.96 | 3 (2026-07-29) | 58.68% | 0.88% | 1.30x |
| QQQ | 683.0 | 13.37 | 683.96 | 10 (2026-08-07) | 52.33% | 1.96% | 1.29x |
| QQQ | 673.0 | 8.6 | 683.96 | 8 (2026-08-05) | 63.89% | 1.28% | 1.29x |
| QQQ | 682.0 | 12.96 | 683.96 | 10 (2026-08-07) | 53.46% | 1.90% | 1.29x |
| QQQ | 679.0 | 5.66 | 683.96 | 3 (2026-07-29) | 60.54% | 0.83% | 1.29x |
| QQQ | 681.0 | 12.57 | 683.96 | 10 (2026-08-07) | 54.58% | 1.85% | 1.29x |
| QQQ | 680.0 | 12.18 | 683.96 | 10 (2026-08-07) | 55.68% | 1.79% | 1.28x |
| QQQ | 675.0 | 9.79 | 683.96 | 9 (2026-08-06) | 61.33% | 1.45% | 1.28x |
| QQQ | 679.0 | 11.81 | 683.96 | 10 (2026-08-07) | 56.77% | 1.74% | 1.28x |
| QQQ | 678.0 | 5.32 | 683.96 | 3 (2026-07-29) | 62.40% | 0.78% | 1.28x |
| QQQ | 678.0 | 11.44 | 683.96 | 10 (2026-08-07) | 57.84% | 1.69% | 1.28x |
| QQQ | 677.0 | 11.09 | 683.96 | 10 (2026-08-07) | 58.89% | 1.64% | 1.27x |
| QQQ | 676.0 | 10.74 | 683.96 | 10 (2026-08-07) | 59.93% | 1.59% | 1.27x |
| QQQ | 677.0 | 4.99 | 683.96 | 3 (2026-07-29) | 64.22% | 0.74% | 1.27x |
| QQQ | 675.0 | 10.4 | 683.96 | 10 (2026-08-07) | 60.93% | 1.54% | 1.27x |
| QQQ | 674.0 | 10.07 | 683.96 | 10 (2026-08-07) | 61.96% | 1.49% | 1.26x |
| QQQ | 676.0 | 4.7 | 683.96 | 3 (2026-07-29) | 66.00% | 0.70% | 1.26x |
| QQQ | 670.0 | 8.25 | 683.96 | 9 (2026-08-06) | 66.39% | 1.23% | 1.26x |
| QQQ | 675.0 | 4.44 | 683.96 | 3 (2026-07-29) | 67.55% | 0.66% | 1.25x |
| QQQ | 674.0 | 4.17 | 683.96 | 3 (2026-07-29) | 69.18% | 0.62% | 1.24x |
| QQQ | 665.0 | 6.93 | 683.96 | 9 (2026-08-06) | 70.94% | 1.04% | 1.23x |
| QQQ | 682.0 | 4.91 | 683.96 | 2 (2026-07-28) | 55.84% | 0.72% | 1.22x |
| QQQ | 681.0 | 4.55 | 683.96 | 2 (2026-07-28) | 58.43% | 0.67% | 1.22x |
| QQQ | 680.0 | 4.22 | 683.96 | 2 (2026-07-28) | 60.90% | 0.62% | 1.21x |
| QQQ | 660.0 | 5.8 | 683.96 | 9 (2026-08-06) | 75.12% | 0.88% | 1.20x |
| QQQ | 679.0 | 3.9 | 683.96 | 2 (2026-07-28) | 63.26% | 0.57% | 1.20x |
| QQQ | 678.0 | 3.61 | 683.96 | 2 (2026-07-28) | 65.57% | 0.53% | 1.19x |
| QQQ | 677.0 | 3.33 | 683.96 | 2 (2026-07-28) | 67.75% | 0.49% | 1.18x |
| QQQ | 655.0 | 4.84 | 683.96 | 9 (2026-08-06) | 78.68% | 0.74% | 1.18x |
| QQQ | 676.0 | 3.07 | 683.96 | 2 (2026-07-28) | 69.86% | 0.45% | 1.17x |
| QQQ | 675.0 | 2.83 | 683.96 | 2 (2026-07-28) | 71.83% | 0.42% | 1.16x |
| QQQ | 674.0 | 2.6 | 683.96 | 2 (2026-07-28) | 73.85% | 0.39% | 1.15x |
| QQQ | 650.0 | 4.02 | 683.96 | 9 (2026-08-06) | 81.86% | 0.62% | 1.15x |
| QQQ | 645.0 | 3.34 | 683.96 | 9 (2026-08-06) | 84.64% | 0.52% | 1.13x |
| QQQ | 679.0 | 2.42 | 683.96 | 1 (2026-07-27) | 67.43% | 0.36% | 1.13x |
| QQQ | 678.0 | 2.16 | 683.96 | 1 (2026-07-27) | 70.34% | 0.32% | 1.12x |
| QQQ | 677.0 | 1.93 | 683.96 | 1 (2026-07-27) | 73.02% | 0.29% | 1.11x |
| QQQ | 676.0 | 1.71 | 683.96 | 1 (2026-07-27) | 75.58% | 0.25% | 1.10x |
| QQQ | 635.0 | 2.29 | 683.96 | 9 (2026-08-06) | 89.10% | 0.36% | 1.09x |
| QQQ | 675.0 | 1.51 | 683.96 | 1 (2026-07-27) | 78.00% | 0.22% | 1.09x |
| QQQ | 674.0 | 1.33 | 683.96 | 1 (2026-07-27) | 80.19% | 0.20% | 1.08x |