Recommendation: ST
Current Price: $126.57
Total Wheels: 6
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 |
|---|---|---|---|---|---|---|---|
| BABA | 126.0 | 4.9 | 126.57 | 9 (2025-05-16) E | 53.89% | 3.89% | 1.79x |
| BABA | 125.0 | 4.45 | 126.57 | 9 (2025-05-16) E | 56.92% | 3.56% | 1.75x |
| BABA | 124.0 | 3.96 | 126.57 | 9 (2025-05-16) E | 59.98% | 3.19% | 1.70x |
| BABA | 126.0 | 2.32 | 126.57 | 4 (2025-05-09) | 54.59% | 1.84% | 1.66x |
| BABA | 123.0 | 3.5 | 126.57 | 9 (2025-05-16) E | 63.01% | 2.85% | 1.64x |
| BABA | 122.0 | 3.09 | 126.57 | 9 (2025-05-16) E | 66.04% | 2.53% | 1.59x |
| BABA | 125.0 | 1.9 | 126.57 | 4 (2025-05-09) | 60.39% | 1.52% | 1.58x |
| BABA | 121.0 | 2.78 | 126.57 | 9 (2025-05-16) E | 68.78% | 2.30% | 1.55x |
| BABA | 126.0 | 5.64 | 126.57 | 14 (2025-05-23) E | 54.00% | 4.48% | 1.54x |
| BABA | 125.0 | 5.12 | 126.57 | 14 (2025-05-23) E | 56.68% | 4.10% | 1.51x |
| BABA | 124.0 | 1.52 | 126.57 | 4 (2025-05-09) | 66.30% | 1.23% | 1.50x |
| BABA | 120.0 | 2.34 | 126.57 | 9 (2025-05-16) E | 71.96% | 1.95% | 1.48x |
| BABA | 119.0 | 2.08 | 126.57 | 9 (2025-05-16) E | 74.48% | 1.75% | 1.44x |
| BABA | 123.0 | 1.2 | 126.57 | 4 (2025-05-09) | 71.46% | 0.98% | 1.42x |
| BABA | 126.0 | 6.18 | 126.57 | 19 (2025-05-30) E | 54.12% | 4.90% | 1.42x |
| BABA | 125.0 | 5.55 | 126.57 | 19 (2025-05-30) E | 56.60% | 4.44% | 1.39x |
| BABA | 120.0 | 3.15 | 126.57 | 14 (2025-05-23) E | 69.46% | 2.62% | 1.38x |
| BABA | 118.0 | 1.76 | 126.57 | 9 (2025-05-16) E | 77.32% | 1.49% | 1.38x |
| BABA | 124.0 | 5.1 | 126.57 | 19 (2025-05-30) E | 59.06% | 4.11% | 1.37x |
| BABA | 123.0 | 4.65 | 126.57 | 19 (2025-05-30) E | 61.53% | 3.78% | 1.36x |
| BABA | 122.0 | 0.97 | 126.57 | 4 (2025-05-09) | 76.24% | 0.80% | 1.36x |
| BABA | 119.0 | 2.8 | 126.57 | 14 (2025-05-23) E | 71.99% | 2.35% | 1.35x |
| BABA | 122.0 | 4.25 | 126.57 | 19 (2025-05-30) E | 63.94% | 3.48% | 1.34x |
| BABA | 117.0 | 1.52 | 126.57 | 9 (2025-05-16) E | 79.75% | 1.30% | 1.33x |
| BABA | 125.0 | 6.15 | 126.57 | 24 (2025-06-06) E | 56.52% | 4.92% | 1.33x |
| BABA | 125.0 | 7.15 | 126.57 | 29 (2025-06-13) E | 56.47% | 5.72% | 1.32x |
| BABA | 118.0 | 2.39 | 126.57 | 14 (2025-05-23) E | 74.62% | 2.03% | 1.31x |
| BABA | 123.0 | 5.25 | 126.57 | 24 (2025-06-06) E | 61.02% | 4.27% | 1.31x |
| BABA | 120.0 | 3.6 | 126.57 | 19 (2025-05-30) E | 68.48% | 3.00% | 1.31x |
| BABA | 118.0 | 3.25 | 126.57 | 19 (2025-05-30) E | 71.98% | 2.75% | 1.30x |
| BABA | 125.0 | 7.75 | 126.57 | 34 (2025-06-20) E | 56.51% | 6.20% | 1.29x |
| BABA | 122.0 | 5.67 | 126.57 | 29 (2025-06-13) E | 62.46% | 4.65% | 1.28x |
| BABA | 121.0 | 0.72 | 126.57 | 4 (2025-05-09) | 81.04% | 0.60% | 1.27x |
| BABA | 120.0 | 4.11 | 126.57 | 24 (2025-06-06) E | 67.47% | 3.43% | 1.27x |
| BABA | 120.0 | 5.42 | 126.57 | 34 (2025-06-20) E | 65.70% | 4.52% | 1.24x |
| BABA | 118.0 | 3.35 | 126.57 | 24 (2025-06-06) E | 71.76% | 2.84% | 1.24x |
| BABA | 120.0 | 0.56 | 126.57 | 4 (2025-05-09) | 84.66% | 0.47% | 1.22x |
| BABA | 125.0 | 9.1 | 126.57 | 54 (2025-07-18) E | 56.74% | 7.28% | 1.21x |
| BABA | 115.0 | 3.66 | 126.57 | 34 (2025-06-20) E | 74.28% | 3.18% | 1.19x |
| BABA | 120.0 | 6.95 | 126.57 | 54 (2025-07-18) E | 64.48% | 5.79% | 1.19x |
| BABA | 125.0 | 10.75 | 126.57 | 74 (2025-08-15) E | 57.09% | 8.60% | 1.18x |
| BABA | 119.0 | 0.43 | 126.57 | 4 (2025-05-09) | 87.64% | 0.36% | 1.17x |
| BABA | 115.0 | 5.1 | 126.57 | 54 (2025-07-18) E | 71.72% | 4.43% | 1.16x |
| BABA | 125.0 | 12.06 | 126.57 | 99 (2025-09-19) E | 57.47% | 9.65% | 1.15x |
| BABA | 110.0 | 2.44 | 126.57 | 34 (2025-06-20) E | 81.48% | 2.22% | 1.14x |
| BABA | 118.0 | 0.34 | 126.57 | 4 (2025-05-09) | 90.12% | 0.29% | 1.14x |
| BABA | 110.0 | 3.6 | 126.57 | 54 (2025-07-18) E | 78.51% | 3.27% | 1.13x |
| BABA | 107.0 | 1.69 | 126.57 | 29 (2025-06-13) E | 85.86% | 1.58% | 1.12x |
| BABA | 115.0 | 7.7 | 126.57 | 99 (2025-09-19) E | 69.24% | 6.70% | 1.12x |
| BABA | 117.0 | 0.26 | 126.57 | 4 (2025-05-09) | 92.16% | 0.22% | 1.11x |
| BABA | 110.0 | 6.0 | 126.57 | 99 (2025-09-19) E | 74.71% | 5.45% | 1.11x |
| BABA | 105.0 | 1.56 | 126.57 | 34 (2025-06-20) E | 87.27% | 1.49% | 1.10x |
| BABA | 105.0 | 3.55 | 126.57 | 74 (2025-08-15) E | 81.43% | 3.38% | 1.10x |
| BABA | 105.0 | 2.45 | 126.57 | 54 (2025-07-18) E | 84.14% | 2.33% | 1.09x |
| BABA | 100.0 | 3.42 | 126.57 | 99 (2025-09-19) E | 83.94% | 3.42% | 1.07x |
| BABA | 100.0 | 1.65 | 126.57 | 54 (2025-07-18) E | 88.67% | 1.65% | 1.07x |
| BABA | 100.0 | 0.98 | 126.57 | 34 (2025-06-20) E | 91.50% | 0.98% | 1.07x |
| BABA | 97.5 | 1.36 | 126.57 | 54 (2025-07-18) E | 90.47% | 1.39% | 1.06x |
| BABA | 95.0 | 2.51 | 126.57 | 99 (2025-09-19) E | 87.66% | 2.64% | 1.06x |
| BABA | 97.5 | 0.79 | 126.57 | 34 (2025-06-20) E | 93.07% | 0.81% | 1.06x |
| BABA | 95.0 | 0.63 | 126.57 | 34 (2025-06-20) E | 94.39% | 0.66% | 1.05x |
| BABA | 90.0 | 0.85 | 126.57 | 54 (2025-07-18) E | 94.03% | 0.94% | 1.04x |
| BABA | 90.0 | 0.42 | 126.57 | 34 (2025-06-20) E | 96.22% | 0.47% | 1.03x |