Recommendation: NO
Current Price: $719.79
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 | 715.0 | 6.39 | 719.79 | 5 (2026-05-21) | 59.54% | 0.89% | 1.31x |
| QQQ | 715.0 | 7.2 | 719.79 | 6 (2026-05-22) | 58.81% | 1.01% | 1.28x |
| QQQ | 710.0 | 4.76 | 719.79 | 5 (2026-05-21) | 67.78% | 0.67% | 1.26x |
| QQQ | 715.0 | 5.19 | 719.79 | 4 (2026-05-20) | 60.89% | 0.73% | 1.25x |
| QQQ | 710.0 | 5.54 | 719.79 | 6 (2026-05-22) | 66.44% | 0.78% | 1.24x |
| QQQ | 714.0 | 4.79 | 719.79 | 4 (2026-05-20) | 62.97% | 0.67% | 1.24x |
| QQQ | 713.0 | 4.55 | 719.79 | 4 (2026-05-20) | 64.77% | 0.64% | 1.23x |
| QQQ | 712.0 | 4.35 | 719.79 | 4 (2026-05-20) | 66.42% | 0.61% | 1.23x |
| QQQ | 711.0 | 4.1 | 719.79 | 4 (2026-05-20) | 68.12% | 0.58% | 1.22x |
| QQQ | 707.0 | 4.7 | 719.79 | 6 (2026-05-22) | 70.63% | 0.66% | 1.22x |
| QQQ | 705.0 | 3.59 | 719.79 | 5 (2026-05-21) | 74.65% | 0.51% | 1.21x |
| QQQ | 706.0 | 4.46 | 719.79 | 6 (2026-05-22) | 71.82% | 0.63% | 1.21x |
| QQQ | 715.0 | 10.04 | 719.79 | 11 (2026-05-29) | 57.25% | 1.40% | 1.20x |
| QQQ | 710.0 | 3.69 | 719.79 | 4 (2026-05-20) | 70.16% | 0.52% | 1.20x |
| QQQ | 705.0 | 4.2 | 719.79 | 6 (2026-05-22) | 73.05% | 0.60% | 1.20x |
| QQQ | 704.0 | 4.01 | 719.79 | 6 (2026-05-22) | 74.24% | 0.57% | 1.19x |
| QQQ | 709.0 | 3.45 | 719.79 | 4 (2026-05-20) | 71.80% | 0.49% | 1.19x |
| QQQ | 715.0 | 3.91 | 719.79 | 3 (2026-05-19) | 62.99% | 0.55% | 1.19x |
| QQQ | 714.0 | 3.76 | 719.79 | 3 (2026-05-19) | 64.96% | 0.53% | 1.19x |
| QQQ | 710.0 | 8.22 | 719.79 | 11 (2026-05-29) | 63.26% | 1.16% | 1.18x |
| QQQ | 708.0 | 3.2 | 719.79 | 4 (2026-05-20) | 73.47% | 0.45% | 1.18x |
| QQQ | 703.0 | 3.68 | 719.79 | 6 (2026-05-22) | 75.71% | 0.52% | 1.18x |
| QQQ | 702.0 | 3.55 | 719.79 | 6 (2026-05-22) | 76.63% | 0.51% | 1.18x |
| QQQ | 701.0 | 3.48 | 719.79 | 6 (2026-05-22) | 77.37% | 0.50% | 1.17x |
| QQQ | 713.0 | 3.38 | 719.79 | 3 (2026-05-19) | 67.38% | 0.47% | 1.17x |
| QQQ | 700.0 | 2.76 | 719.79 | 5 (2026-05-21) | 80.05% | 0.39% | 1.17x |
| QQQ | 707.0 | 2.97 | 719.79 | 4 (2026-05-20) | 75.01% | 0.42% | 1.17x |
| QQQ | 707.0 | 7.33 | 719.79 | 11 (2026-05-29) | 66.56% | 1.04% | 1.17x |
| QQQ | 706.0 | 2.89 | 719.79 | 4 (2026-05-20) | 76.04% | 0.41% | 1.17x |
| QQQ | 703.0 | 6.85 | 719.79 | 11 (2026-05-29) | 69.81% | 0.97% | 1.17x |
| QQQ | 706.0 | 7.07 | 719.79 | 11 (2026-05-29) | 67.59% | 1.00% | 1.17x |
| QQQ | 715.0 | 12.43 | 719.79 | 16 (2026-06-05) | 56.48% | 1.74% | 1.17x |
| QQQ | 700.0 | 3.18 | 719.79 | 6 (2026-05-22) | 78.75% | 0.45% | 1.16x |
| QQQ | 712.0 | 3.03 | 719.79 | 3 (2026-05-19) | 69.76% | 0.43% | 1.16x |
| QQQ | 705.0 | 6.66 | 719.79 | 11 (2026-05-29) | 68.81% | 0.94% | 1.16x |
| QQQ | 704.0 | 6.43 | 719.79 | 11 (2026-05-29) | 69.79% | 0.91% | 1.16x |
| QQQ | 710.0 | 10.67 | 719.79 | 16 (2026-06-05) | 61.48% | 1.50% | 1.16x |
| QQQ | 711.0 | 2.77 | 719.79 | 3 (2026-05-19) | 71.85% | 0.39% | 1.15x |
| QQQ | 702.0 | 5.97 | 719.79 | 11 (2026-05-29) | 71.69% | 0.85% | 1.15x |
| QQQ | 707.0 | 9.63 | 719.79 | 16 (2026-06-05) | 64.37% | 1.36% | 1.15x |
| QQQ | 715.0 | 14.44 | 719.79 | 21 (2026-06-12) | 56.05% | 2.02% | 1.14x |
| QQQ | 706.0 | 9.3 | 719.79 | 16 (2026-06-05) | 65.31% | 1.32% | 1.14x |
| QQQ | 715.0 | 2.92 | 719.79 | 2 (2026-05-18) | 65.42% | 0.41% | 1.14x |
| QQQ | 701.0 | 5.66 | 719.79 | 11 (2026-05-29) | 72.75% | 0.81% | 1.14x |
| QQQ | 710.0 | 2.56 | 719.79 | 3 (2026-05-19) | 73.73% | 0.36% | 1.14x |
| QQQ | 700.0 | 5.54 | 719.79 | 11 (2026-05-29) | 73.49% | 0.79% | 1.14x |
| QQQ | 705.0 | 9.01 | 719.79 | 16 (2026-06-05) | 66.22% | 1.28% | 1.14x |
| QQQ | 702.0 | 8.68 | 719.79 | 16 (2026-06-05) | 68.29% | 1.24% | 1.14x |
| QQQ | 704.0 | 8.77 | 719.79 | 16 (2026-06-05) | 67.05% | 1.25% | 1.14x |
| QQQ | 709.0 | 2.45 | 719.79 | 3 (2026-05-19) | 75.15% | 0.35% | 1.14x |
| QQQ | 710.0 | 12.62 | 719.79 | 21 (2026-06-12) | 60.50% | 1.78% | 1.14x |
| QQQ | 703.0 | 8.42 | 719.79 | 16 (2026-06-05) | 68.00% | 1.20% | 1.14x |
| QQQ | 714.0 | 2.66 | 719.79 | 2 (2026-05-18) | 68.05% | 0.37% | 1.14x |
| QQQ | 701.0 | 8.11 | 719.79 | 16 (2026-06-05) | 69.43% | 1.16% | 1.13x |
| QQQ | 715.0 | 16.07 | 719.79 | 25 (2026-06-18) | 55.79% | 2.25% | 1.13x |
| QQQ | 703.0 | 11.09 | 719.79 | 21 (2026-06-12) | 65.71% | 1.58% | 1.13x |
| QQQ | 707.0 | 11.52 | 719.79 | 21 (2026-06-12) | 63.09% | 1.63% | 1.13x |
| QQQ | 706.0 | 11.22 | 719.79 | 21 (2026-06-12) | 63.91% | 1.59% | 1.13x |
| QQQ | 700.0 | 7.67 | 719.79 | 16 (2026-06-05) | 70.46% | 1.10% | 1.13x |
| QQQ | 704.0 | 10.89 | 719.79 | 21 (2026-06-12) | 65.31% | 1.55% | 1.13x |
| QQQ | 695.0 | 1.95 | 719.79 | 5 (2026-05-21) | 85.06% | 0.28% | 1.13x |
| QQQ | 705.0 | 10.9 | 719.79 | 21 (2026-06-12) | 64.72% | 1.55% | 1.13x |
| QQQ | 710.0 | 14.08 | 719.79 | 25 (2026-06-18) | 59.92% | 1.98% | 1.13x |
| QQQ | 713.0 | 2.36 | 719.79 | 2 (2026-05-18) | 70.78% | 0.33% | 1.13x |
| QQQ | 702.0 | 10.25 | 719.79 | 21 (2026-06-12) | 66.90% | 1.46% | 1.12x |
| QQQ | 708.0 | 2.11 | 719.79 | 3 (2026-05-19) | 77.50% | 0.30% | 1.12x |
| QQQ | 701.0 | 10.01 | 719.79 | 21 (2026-06-12) | 67.62% | 1.43% | 1.12x |
| QQQ | 705.0 | 12.35 | 719.79 | 25 (2026-06-18) | 63.82% | 1.75% | 1.12x |
| QQQ | 707.0 | 1.97 | 719.79 | 3 (2026-05-19) | 78.97% | 0.28% | 1.12x |
| QQQ | 700.0 | 9.45 | 719.79 | 21 (2026-06-12) | 68.62% | 1.35% | 1.12x |
| QQQ | 712.0 | 2.13 | 719.79 | 2 (2026-05-18) | 73.19% | 0.30% | 1.12x |
| QQQ | 700.0 | 10.92 | 719.79 | 25 (2026-06-18) | 67.40% | 1.56% | 1.11x |
| QQQ | 699.0 | 10.75 | 719.79 | 25 (2026-06-18) | 68.01% | 1.54% | 1.11x |
| QQQ | 698.0 | 10.54 | 719.79 | 25 (2026-06-18) | 68.64% | 1.51% | 1.11x |
| QQQ | 711.0 | 1.92 | 719.79 | 2 (2026-05-18) | 75.45% | 0.27% | 1.11x |
| QQQ | 697.0 | 10.22 | 719.79 | 25 (2026-06-18) | 69.35% | 1.47% | 1.11x |
| QQQ | 706.0 | 1.77 | 719.79 | 3 (2026-05-19) | 80.66% | 0.25% | 1.11x |
| QQQ | 696.0 | 9.92 | 719.79 | 25 (2026-06-18) | 70.04% | 1.43% | 1.11x |
| QQQ | 695.0 | 9.5 | 719.79 | 25 (2026-06-18) | 70.81% | 1.37% | 1.10x |
| QQQ | 710.0 | 1.77 | 719.79 | 2 (2026-05-18) | 77.33% | 0.25% | 1.10x |
| QQQ | 694.0 | 9.3 | 719.79 | 25 (2026-06-18) | 71.44% | 1.34% | 1.10x |
| QQQ | 690.0 | 1.41 | 719.79 | 5 (2026-05-21) | 88.77% | 0.20% | 1.10x |
| QQQ | 709.0 | 1.59 | 719.79 | 2 (2026-05-18) | 79.33% | 0.22% | 1.09x |
| QQQ | 708.0 | 1.43 | 719.79 | 2 (2026-05-18) | 81.13% | 0.20% | 1.09x |
| QQQ | 707.0 | 1.28 | 719.79 | 2 (2026-05-18) | 82.85% | 0.18% | 1.08x |
| QQQ | 685.0 | 1.05 | 719.79 | 5 (2026-05-21) | 91.49% | 0.15% | 1.07x |
| QQQ | 706.0 | 1.16 | 719.79 | 2 (2026-05-18) | 84.33% | 0.16% | 1.07x |
| QQQ | 713.0 | 0.97 | 719.79 | 1 (2026-05-15) | 79.48% | 0.14% | 1.06x |
| QQQ | 680.0 | 0.78 | 719.79 | 5 (2026-05-21) | 93.56% | 0.11% | 1.06x |
| QQQ | 712.0 | 0.83 | 719.79 | 1 (2026-05-15) | 82.22% | 0.12% | 1.05x |
| QQQ | 675.0 | 0.64 | 719.79 | 5 (2026-05-21) | 94.78% | 0.09% | 1.05x |
| QQQ | 711.0 | 0.71 | 719.79 | 1 (2026-05-15) | 84.50% | 0.10% | 1.04x |
| QQQ | 710.0 | 0.61 | 719.79 | 1 (2026-05-15) | 86.60% | 0.09% | 1.04x |
| QQQ | 709.0 | 0.52 | 719.79 | 1 (2026-05-15) | 88.42% | 0.07% | 1.03x |
| QQQ | 670.0 | 0.44 | 719.79 | 5 (2026-05-21) | 96.28% | 0.07% | 1.03x |
| QQQ | 708.0 | 0.43 | 719.79 | 1 (2026-05-15) | 90.23% | 0.06% | 1.03x |
| QQQ | 707.0 | 0.39 | 719.79 | 1 (2026-05-15) | 91.27% | 0.06% | 1.03x |