Recommendation: NO
Current Price: $704.40
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 | 704.0 | 9.86 | 704.40 | 5 (2026-10-30) | 51.50% | 1.40% | 1.44x |
| QQQ | 703.0 | 9.45 | 704.40 | 5 (2026-10-30) | 53.06% | 1.34% | 1.43x |
| QQQ | 702.0 | 9.07 | 704.40 | 5 (2026-10-30) | 54.59% | 1.29% | 1.43x |
| QQQ | 701.0 | 8.71 | 704.40 | 5 (2026-10-30) | 56.08% | 1.24% | 1.42x |
| QQQ | 700.0 | 8.31 | 704.40 | 5 (2026-10-30) | 57.57% | 1.19% | 1.41x |
| QQQ | 699.0 | 7.99 | 704.40 | 5 (2026-10-30) | 59.00% | 1.14% | 1.40x |
| QQQ | 698.0 | 7.65 | 704.40 | 5 (2026-10-30) | 60.40% | 1.10% | 1.39x |
| QQQ | 704.0 | 8.94 | 704.40 | 4 (2026-10-29) | 51.48% | 1.27% | 1.39x |
| QQQ | 697.0 | 7.32 | 704.40 | 5 (2026-10-30) | 61.78% | 1.05% | 1.39x |
| QQQ | 703.0 | 8.53 | 704.40 | 4 (2026-10-29) | 53.20% | 1.21% | 1.38x |
| QQQ | 702.0 | 8.13 | 704.40 | 4 (2026-10-29) | 54.88% | 1.16% | 1.38x |
| QQQ | 696.0 | 7.0 | 704.40 | 5 (2026-10-30) | 63.16% | 1.01% | 1.38x |
| QQQ | 701.0 | 7.75 | 704.40 | 4 (2026-10-29) | 56.53% | 1.11% | 1.37x |
| QQQ | 695.0 | 6.71 | 704.40 | 5 (2026-10-30) | 64.44% | 0.97% | 1.37x |
| QQQ | 700.0 | 7.39 | 704.40 | 4 (2026-10-29) | 58.15% | 1.06% | 1.36x |
| QQQ | 704.0 | 7.5 | 704.40 | 3 (2026-10-28) | 51.49% | 1.07% | 1.32x |
| QQQ | 695.0 | 5.79 | 704.40 | 4 (2026-10-29) | 65.65% | 0.83% | 1.32x |
| QQQ | 703.0 | 7.09 | 704.40 | 3 (2026-10-28) | 53.52% | 1.01% | 1.31x |
| QQQ | 702.0 | 6.75 | 704.40 | 3 (2026-10-28) | 55.49% | 0.96% | 1.31x |
| QQQ | 701.0 | 6.34 | 704.40 | 3 (2026-10-28) | 57.44% | 0.90% | 1.30x |
| QQQ | 700.0 | 5.98 | 704.40 | 3 (2026-10-28) | 59.34% | 0.85% | 1.29x |
| QQQ | 704.0 | 13.6 | 704.40 | 10 (2026-11-06) | 51.66% | 1.93% | 1.28x |
| QQQ | 703.0 | 13.21 | 704.40 | 10 (2026-11-06) | 52.80% | 1.88% | 1.28x |
| QQQ | 702.0 | 12.81 | 704.40 | 10 (2026-11-06) | 53.93% | 1.82% | 1.28x |
| QQQ | 701.0 | 12.43 | 704.40 | 10 (2026-11-06) | 55.03% | 1.77% | 1.28x |
| QQQ | 700.0 | 12.06 | 704.40 | 10 (2026-11-06) | 56.12% | 1.72% | 1.27x |
| QQQ | 699.0 | 11.7 | 704.40 | 10 (2026-11-06) | 57.18% | 1.67% | 1.27x |
| QQQ | 698.0 | 11.35 | 704.40 | 10 (2026-11-06) | 58.25% | 1.63% | 1.27x |
| QQQ | 690.0 | 4.48 | 704.40 | 4 (2026-10-29) | 72.22% | 0.65% | 1.27x |
| QQQ | 697.0 | 11.01 | 704.40 | 10 (2026-11-06) | 59.29% | 1.58% | 1.26x |
| QQQ | 696.0 | 10.68 | 704.40 | 10 (2026-11-06) | 60.31% | 1.53% | 1.26x |
| QQQ | 695.0 | 10.37 | 704.40 | 10 (2026-11-06) | 61.30% | 1.49% | 1.26x |
| QQQ | 695.0 | 4.45 | 704.40 | 3 (2026-10-28) | 67.99% | 0.64% | 1.24x |
| QQQ | 702.0 | 5.05 | 704.40 | 2 (2026-10-27) | 56.67% | 0.72% | 1.23x |
| QQQ | 701.0 | 4.7 | 704.40 | 2 (2026-10-27) | 59.08% | 0.67% | 1.22x |
| QQQ | 685.0 | 3.42 | 704.40 | 4 (2026-10-29) | 77.86% | 0.50% | 1.22x |
| QQQ | 704.0 | 15.88 | 704.40 | 15 (2026-11-13) | 51.83% | 2.26% | 1.22x |
| QQQ | 703.0 | 15.49 | 704.40 | 15 (2026-11-13) | 52.80% | 2.20% | 1.21x |
| QQQ | 702.0 | 15.1 | 704.40 | 15 (2026-11-13) | 53.77% | 2.15% | 1.21x |
| QQQ | 700.0 | 4.35 | 704.40 | 2 (2026-10-27) | 61.45% | 0.62% | 1.21x |
| QQQ | 701.0 | 14.73 | 704.40 | 15 (2026-11-13) | 54.72% | 2.10% | 1.21x |
| QQQ | 700.0 | 14.36 | 704.40 | 15 (2026-11-13) | 55.66% | 2.05% | 1.21x |
| QQQ | 699.0 | 14.0 | 704.40 | 15 (2026-11-13) | 56.58% | 2.00% | 1.21x |
| QQQ | 698.0 | 13.65 | 704.40 | 15 (2026-11-13) | 57.49% | 1.96% | 1.21x |
| QQQ | 696.0 | 12.97 | 704.40 | 15 (2026-11-13) | 59.27% | 1.86% | 1.20x |
| QQQ | 695.0 | 12.65 | 704.40 | 15 (2026-11-13) | 60.14% | 1.82% | 1.20x |
| QQQ | 690.0 | 3.26 | 704.40 | 3 (2026-10-28) | 75.29% | 0.47% | 1.20x |
| QQQ | 704.0 | 17.86 | 704.40 | 20 (2026-11-20) | 51.98% | 2.54% | 1.18x |
| QQQ | 703.0 | 17.48 | 704.40 | 20 (2026-11-20) | 52.85% | 2.49% | 1.18x |
| QQQ | 702.0 | 17.1 | 704.40 | 20 (2026-11-20) | 53.71% | 2.44% | 1.18x |
| QQQ | 701.0 | 16.72 | 704.40 | 20 (2026-11-20) | 54.56% | 2.39% | 1.18x |
| QQQ | 700.0 | 16.35 | 704.40 | 20 (2026-11-20) | 55.39% | 2.34% | 1.18x |
| QQQ | 699.0 | 16.0 | 704.40 | 20 (2026-11-20) | 56.23% | 2.29% | 1.17x |
| QQQ | 698.0 | 15.65 | 704.40 | 20 (2026-11-20) | 57.03% | 2.24% | 1.17x |
| QQQ | 697.0 | 15.31 | 704.40 | 20 (2026-11-20) | 57.84% | 2.20% | 1.17x |
| QQQ | 680.0 | 2.59 | 704.40 | 4 (2026-10-29) | 82.56% | 0.38% | 1.17x |
| QQQ | 696.0 | 14.98 | 704.40 | 20 (2026-11-20) | 58.63% | 2.15% | 1.17x |
| QQQ | 695.0 | 14.65 | 704.40 | 20 (2026-11-20) | 59.41% | 2.11% | 1.17x |
| QQQ | 695.0 | 2.94 | 704.40 | 2 (2026-10-27) | 71.92% | 0.42% | 1.17x |
| QQQ | 685.0 | 2.34 | 704.40 | 3 (2026-10-28) | 81.33% | 0.34% | 1.15x |
| QQQ | 700.0 | 17.59 | 704.40 | 25 (2026-11-27) | 55.30% | 2.51% | 1.15x |
| QQQ | 704.0 | 19.5 | 704.40 | 26 (2026-11-30) | 52.13% | 2.77% | 1.15x |
| QQQ | 703.0 | 19.11 | 704.40 | 26 (2026-11-30) | 52.93% | 2.72% | 1.15x |
| QQQ | 702.0 | 18.72 | 704.40 | 26 (2026-11-30) | 53.72% | 2.67% | 1.15x |
| QQQ | 701.0 | 18.35 | 704.40 | 26 (2026-11-30) | 54.50% | 2.62% | 1.15x |
| QQQ | 700.0 | 17.98 | 704.40 | 26 (2026-11-30) | 55.27% | 2.57% | 1.15x |
| QQQ | 699.0 | 17.62 | 704.40 | 26 (2026-11-30) | 56.03% | 2.52% | 1.15x |
| QQQ | 698.0 | 17.27 | 704.40 | 26 (2026-11-30) | 56.78% | 2.47% | 1.14x |
| QQQ | 695.0 | 15.86 | 704.40 | 25 (2026-11-27) | 59.08% | 2.28% | 1.14x |
| QQQ | 697.0 | 16.92 | 704.40 | 26 (2026-11-30) | 57.52% | 2.43% | 1.14x |
| QQQ | 696.0 | 16.58 | 704.40 | 26 (2026-11-30) | 58.25% | 2.38% | 1.14x |
| QQQ | 695.0 | 16.25 | 704.40 | 26 (2026-11-30) | 58.97% | 2.34% | 1.14x |
| QQQ | 700.0 | 2.82 | 704.40 | 1 (2026-10-26) | 64.91% | 0.40% | 1.14x |
| QQQ | 690.0 | 14.31 | 704.40 | 25 (2026-11-27) | 62.60% | 2.07% | 1.14x |
| QQQ | 675.0 | 1.95 | 704.40 | 4 (2026-10-29) | 86.41% | 0.29% | 1.13x |
| QQQ | 685.0 | 12.91 | 704.40 | 25 (2026-11-27) | 65.88% | 1.88% | 1.13x |
| QQQ | 680.0 | 11.64 | 704.40 | 25 (2026-11-27) | 68.91% | 1.71% | 1.13x |
| QQQ | 690.0 | 1.93 | 704.40 | 2 (2026-10-27) | 80.29% | 0.28% | 1.12x |
| QQQ | 675.0 | 10.5 | 704.40 | 25 (2026-11-27) | 71.72% | 1.56% | 1.12x |
| QQQ | 680.0 | 1.67 | 704.40 | 3 (2026-10-28) | 86.09% | 0.25% | 1.11x |
| QQQ | 670.0 | 9.47 | 704.40 | 25 (2026-11-27) | 74.27% | 1.41% | 1.11x |
| QQQ | 665.0 | 8.54 | 704.40 | 25 (2026-11-27) | 76.63% | 1.28% | 1.10x |
| QQQ | 660.0 | 7.71 | 704.40 | 25 (2026-11-27) | 78.78% | 1.17% | 1.10x |
| QQQ | 695.0 | 1.6 | 704.40 | 1 (2026-10-26) | 77.68% | 0.23% | 1.09x |
| QQQ | 655.0 | 6.97 | 704.40 | 25 (2026-11-27) | 80.74% | 1.06% | 1.09x |
| QQQ | 675.0 | 1.19 | 704.40 | 3 (2026-10-28) | 89.73% | 0.18% | 1.08x |
| QQQ | 685.0 | 1.23 | 704.40 | 2 (2026-10-27) | 86.59% | 0.18% | 1.08x |
| QQQ | 690.0 | 0.84 | 704.40 | 1 (2026-10-26) | 87.14% | 0.12% | 1.05x |
| QQQ | 680.0 | 0.79 | 704.40 | 2 (2026-10-27) | 91.03% | 0.12% | 1.05x |
| QQQ | 675.0 | 0.5 | 704.40 | 2 (2026-10-27) | 94.15% | 0.07% | 1.04x |
| QQQ | 685.0 | 0.43 | 704.40 | 1 (2026-10-26) | 92.89% | 0.06% | 1.03x |
| QQQ | 680.0 | 0.22 | 704.40 | 1 (2026-10-26) | 96.15% | 0.03% | 1.02x |
| QQQ | 675.0 | 0.13 | 704.40 | 1 (2026-10-26) | 97.71% | 0.02% | 1.01x |