Recommendation: NO
Current Price: $616.52
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 | 614.0 | 5.1 | 616.52 | 5 (2026-02-09) | 57.04% | 0.83% | 1.27x |
| QQQ | 615.0 | 5.98 | 616.52 | 6 (2026-02-10) | 54.36% | 0.97% | 1.25x |
| QQQ | 615.0 | 4.87 | 616.52 | 4 (2026-02-06) | 54.93% | 0.79% | 1.24x |
| QQQ | 616.0 | 6.17 | 616.52 | 6 (2026-02-10) | 52.05% | 1.00% | 1.24x |
| QQQ | 613.0 | 5.09 | 616.52 | 6 (2026-02-10) | 59.01% | 0.83% | 1.23x |
| QQQ | 614.0 | 6.09 | 616.52 | 7 (2026-02-11) | 56.29% | 0.99% | 1.22x |
| QQQ | 613.0 | 5.75 | 616.52 | 7 (2026-02-11) | 58.33% | 0.94% | 1.22x |
| QQQ | 614.0 | 6.6 | 616.52 | 8 (2026-02-12) | 56.02% | 1.07% | 1.21x |
| QQQ | 611.0 | 5.1 | 616.52 | 7 (2026-02-11) | 62.20% | 0.83% | 1.20x |
| QQQ | 612.0 | 5.92 | 616.52 | 8 (2026-02-12) | 59.77% | 0.97% | 1.20x |
| QQQ | 614.0 | 7.1 | 616.52 | 9 (2026-02-13) | 55.74% | 1.16% | 1.20x |
| QQQ | 611.0 | 5.62 | 616.52 | 8 (2026-02-12) | 61.55% | 0.92% | 1.19x |
| QQQ | 610.0 | 5.32 | 616.52 | 8 (2026-02-12) | 63.29% | 0.87% | 1.19x |
| QQQ | 612.0 | 6.41 | 616.52 | 9 (2026-02-13) | 59.31% | 1.05% | 1.19x |
| QQQ | 610.0 | 6.0 | 616.52 | 9 (2026-02-13) | 62.43% | 0.98% | 1.19x |
| QQQ | 611.0 | 6.1 | 616.52 | 9 (2026-02-13) | 61.01% | 1.00% | 1.19x |
| QQQ | 607.0 | 3.39 | 616.52 | 6 (2026-02-10) | 70.81% | 0.56% | 1.18x |
| QQQ | 609.0 | 5.49 | 616.52 | 9 (2026-02-13) | 64.28% | 0.90% | 1.18x |
| QQQ | 608.0 | 5.22 | 616.52 | 9 (2026-02-13) | 65.80% | 0.86% | 1.17x |
| QQQ | 607.0 | 4.95 | 616.52 | 9 (2026-02-13) | 67.31% | 0.82% | 1.17x |
| QQQ | 615.0 | 9.7 | 616.52 | 14 (2026-02-20) | 53.50% | 1.58% | 1.16x |
| QQQ | 613.0 | 8.63 | 616.52 | 14 (2026-02-20) | 56.56% | 1.41% | 1.15x |
| QQQ | 610.0 | 8.0 | 616.52 | 14 (2026-02-20) | 60.50% | 1.31% | 1.15x |
| QQQ | 612.0 | 8.3 | 616.52 | 14 (2026-02-20) | 57.98% | 1.36% | 1.15x |
| QQQ | 611.0 | 7.97 | 616.52 | 14 (2026-02-20) | 59.41% | 1.30% | 1.15x |
| QQQ | 608.0 | 7.07 | 616.52 | 14 (2026-02-20) | 63.42% | 1.16% | 1.14x |
| QQQ | 610.0 | 2.25 | 616.52 | 3 (2026-02-05) | 70.91% | 0.37% | 1.14x |
| QQQ | 607.0 | 6.81 | 616.52 | 14 (2026-02-20) | 64.65% | 1.12% | 1.14x |
| QQQ | 612.0 | 10.26 | 616.52 | 19 (2026-02-27) | 57.13% | 1.68% | 1.13x |
| QQQ | 610.0 | 9.8 | 616.52 | 19 (2026-02-27) | 59.38% | 1.61% | 1.13x |
| QQQ | 611.0 | 9.95 | 616.52 | 19 (2026-02-27) | 58.31% | 1.63% | 1.13x |
| QQQ | 615.0 | 10.7 | 616.52 | 19 (2026-02-27) | 53.46% | 1.74% | 1.13x |
| QQQ | 607.0 | 8.72 | 616.52 | 19 (2026-02-27) | 62.83% | 1.44% | 1.13x |
| QQQ | 608.0 | 0.9 | 616.52 | 2 (2026-02-04) | 82.33% | 0.15% | 1.06x |
| QQQ | 607.0 | 0.81 | 616.52 | 2 (2026-02-04) | 84.16% | 0.13% | 1.06x |