Recommendation: ST
Current Price: $147.60
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 |
|---|---|---|---|---|---|---|---|
| MMM | 147.0 | 1.91 | 147.60 | 4 (2025-06-27) | 55.18% | 1.30% | 1.43x |
| MMM | 146.0 | 1.28 | 147.60 | 4 (2025-06-27) | 63.38% | 0.88% | 1.32x |
| MMM | 147.0 | 4.25 | 147.60 | 14 (2025-07-11) | 53.83% | 2.89% | 1.32x |
| MMM | 146.0 | 3.7 | 147.60 | 14 (2025-07-11) | 57.37% | 2.53% | 1.30x |
| MMM | 139.0 | 1.27 | 147.60 | 8 (2025-07-03) | 80.08% | 0.91% | 1.26x |
| MMM | 145.0 | 0.92 | 147.60 | 4 (2025-06-27) | 70.91% | 0.63% | 1.25x |
| MMM | 145.0 | 1.53 | 147.60 | 8 (2025-07-03) | 66.31% | 1.06% | 1.25x |
| MMM | 140.0 | 1.15 | 147.60 | 8 (2025-07-03) | 79.71% | 0.82% | 1.23x |
| MMM | 144.0 | 2.0 | 147.60 | 14 (2025-07-11) | 67.02% | 1.39% | 1.18x |
| MMM | 145.0 | 2.97 | 147.60 | 19 (2025-07-18) | 61.46% | 2.05% | 1.18x |
| MMM | 144.0 | 0.59 | 147.60 | 4 (2025-06-27) | 78.42% | 0.41% | 1.18x |
| MMM | 145.0 | 5.85 | 147.60 | 39 (2025-08-15) E | 58.51% | 4.03% | 1.16x |
| MMM | 142.0 | 0.82 | 147.60 | 8 (2025-07-03) | 79.76% | 0.58% | 1.16x |
| MMM | 143.0 | 0.45 | 147.60 | 4 (2025-06-27) | 83.29% | 0.31% | 1.14x |
| MMM | 140.0 | 4.1 | 147.60 | 39 (2025-08-15) E | 68.66% | 2.93% | 1.14x |
| MMM | 142.0 | 0.4 | 147.60 | 4 (2025-06-27) | 85.82% | 0.28% | 1.13x |
| MMM | 135.0 | 2.39 | 147.60 | 29 (2025-08-01) E | 78.46% | 1.77% | 1.13x |
| MMM | 145.0 | 7.02 | 147.60 | 64 (2025-09-19) E | 58.23% | 4.84% | 1.12x |
| MMM | 140.0 | 7.55 | 147.60 | 84 (2025-10-17) E | 64.87% | 5.39% | 1.11x |
| MMM | 141.0 | 0.53 | 147.60 | 8 (2025-07-03) | 85.08% | 0.38% | 1.11x |
| MMM | 140.0 | 1.29 | 147.60 | 19 (2025-07-18) | 78.77% | 0.92% | 1.10x |
| MMM | 140.0 | 5.12 | 147.60 | 64 (2025-09-19) E | 67.11% | 3.66% | 1.10x |
| MMM | 135.0 | 2.56 | 147.60 | 39 (2025-08-15) E | 77.91% | 1.90% | 1.10x |
| MMM | 135.0 | 3.91 | 147.60 | 64 (2025-09-19) E | 74.35% | 2.90% | 1.09x |
| MMM | 130.0 | 1.36 | 147.60 | 29 (2025-08-01) E | 86.20% | 1.05% | 1.08x |
| MMM | 138.0 | 0.22 | 147.60 | 4 (2025-06-27) | 92.94% | 0.16% | 1.08x |
| MMM | 130.0 | 3.1 | 147.60 | 64 (2025-09-19) E | 79.82% | 2.38% | 1.08x |
| MMM | 130.0 | 1.69 | 147.60 | 39 (2025-08-15) E | 84.63% | 1.30% | 1.07x |
| MMM | 141.0 | 0.21 | 147.60 | 4 (2025-06-27) | 91.25% | 0.15% | 1.07x |
| MMM | 135.0 | 0.74 | 147.60 | 19 (2025-07-18) | 87.75% | 0.55% | 1.07x |
| MMM | 140.0 | 0.18 | 147.60 | 4 (2025-06-27) | 92.75% | 0.13% | 1.06x |
| MMM | 120.0 | 1.08 | 147.60 | 39 (2025-08-15) E | 91.07% | 0.90% | 1.05x |
| MMM | 125.0 | 1.88 | 147.60 | 64 (2025-09-19) E | 86.15% | 1.50% | 1.05x |
| MMM | 120.0 | 1.85 | 147.60 | 84 (2025-10-17) E | 87.98% | 1.54% | 1.04x |
| MMM | 115.0 | 1.45 | 147.60 | 84 (2025-10-17) E | 90.69% | 1.26% | 1.03x |
| MMM | 130.0 | 0.34 | 147.60 | 19 (2025-07-18) | 93.92% | 0.26% | 1.03x |
| MMM | 110.0 | 1.15 | 147.60 | 84 (2025-10-17) E | 92.73% | 1.05% | 1.03x |
| MMM | 115.0 | 0.45 | 147.60 | 39 (2025-08-15) E | 95.51% | 0.39% | 1.02x |
| MMM | 100.0 | 0.59 | 147.60 | 84 (2025-10-17) E | 96.16% | 0.59% | 1.02x |
| MMM | 120.0 | 0.07 | 147.60 | 19 (2025-07-18) | 98.66% | 0.06% | 1.01x |