Recommendation: ST
Current Price: $108.76
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 | 108.0 | 1.32 | 108.76 | 4 (2026-10-02) | 58.03% | 1.22% | 1.43x |
| BABA | 108.0 | 2.05 | 108.76 | 9 (2026-10-09) | 56.26% | 1.90% | 1.35x |
| BABA | 107.0 | 0.91 | 108.76 | 4 (2026-10-02) | 67.28% | 0.85% | 1.33x |
| BABA | 97.5 | 9.65 | 108.76 | 59 (2026-12-18) | 68.74% | 9.90% | 1.32x |
| BABA | 108.0 | 2.93 | 108.76 | 14 (2026-10-16) | 55.36% | 2.71% | 1.31x |
| BABA | 107.0 | 1.61 | 108.76 | 9 (2026-10-09) | 62.73% | 1.50% | 1.30x |
| BABA | 107.0 | 2.51 | 108.76 | 14 (2026-10-16) | 60.04% | 2.35% | 1.29x |
| BABA | 106.0 | 2.12 | 108.76 | 14 (2026-10-16) | 64.57% | 2.00% | 1.26x |
| BABA | 106.0 | 0.63 | 108.76 | 4 (2026-10-02) | 75.30% | 0.59% | 1.25x |
| BABA | 105.0 | 1.15 | 108.76 | 9 (2026-10-09) | 72.85% | 1.10% | 1.25x |
| BABA | 106.0 | 1.19 | 108.76 | 9 (2026-10-09) | 69.34% | 1.12% | 1.24x |
| BABA | 105.0 | 1.8 | 108.76 | 14 (2026-10-16) | 68.89% | 1.71% | 1.24x |
| BABA | 106.0 | 2.6 | 108.76 | 19 (2026-10-23) | 63.26% | 2.45% | 1.23x |
| BABA | 106.0 | 3.1 | 108.76 | 24 (2026-10-30) | 62.10% | 2.92% | 1.21x |
| BABA | 105.0 | 2.75 | 108.76 | 24 (2026-10-30) | 65.49% | 2.62% | 1.20x |
| BABA | 104.0 | 1.39 | 108.76 | 14 (2026-10-16) | 73.51% | 1.34% | 1.19x |
| BABA | 105.0 | 2.04 | 108.76 | 19 (2026-10-23) | 67.78% | 1.94% | 1.19x |
| BABA | 105.0 | 4.45 | 108.76 | 39 (2026-11-20) | 62.63% | 4.24% | 1.18x |
| BABA | 104.0 | 0.78 | 108.76 | 9 (2026-10-09) | 78.85% | 0.75% | 1.18x |
| BABA | 105.0 | 0.42 | 108.76 | 4 (2026-10-02) | 82.03% | 0.40% | 1.18x |
| BABA | 104.0 | 1.83 | 108.76 | 19 (2026-10-23) | 71.07% | 1.76% | 1.18x |
| BABA | 104.0 | 2.36 | 108.76 | 24 (2026-10-30) | 68.92% | 2.27% | 1.18x |
| BABA | 103.0 | 1.06 | 108.76 | 14 (2026-10-16) | 77.99% | 1.03% | 1.15x |
| BABA | 103.0 | 0.58 | 108.76 | 9 (2026-10-09) | 83.33% | 0.56% | 1.14x |
| BABA | 102.0 | 1.66 | 108.76 | 24 (2026-10-30) | 75.66% | 1.63% | 1.14x |
| BABA | 100.0 | 2.63 | 108.76 | 39 (2026-11-20) | 74.41% | 2.63% | 1.13x |
| BABA | 104.0 | 0.29 | 108.76 | 4 (2026-10-02) | 87.10% | 0.28% | 1.13x |
| BABA | 100.0 | 3.97 | 108.76 | 59 (2026-12-18) | 71.18% | 3.97% | 1.13x |
| BABA | 100.0 | 1.3 | 108.76 | 24 (2026-10-30) | 80.44% | 1.30% | 1.12x |
| BABA | 102.0 | 0.46 | 108.76 | 9 (2026-10-09) | 86.44% | 0.45% | 1.12x |
| BABA | 105.0 | 7.9 | 108.76 | 104 (2027-02-19) | 61.03% | 7.52% | 1.11x |
| BABA | 101.0 | 0.72 | 108.76 | 14 (2026-10-16) | 84.26% | 0.71% | 1.11x |
| BABA | 100.0 | 4.9 | 108.76 | 79 (2027-01-15) | 69.73% | 4.90% | 1.11x |
| BABA | 100.0 | 0.66 | 108.76 | 14 (2026-10-16) | 85.96% | 0.66% | 1.11x |
| BABA | 100.0 | 0.9 | 108.76 | 19 (2026-10-23) | 83.96% | 0.90% | 1.10x |
| BABA | 95.0 | 2.51 | 108.76 | 59 (2026-12-18) | 79.71% | 2.64% | 1.09x |
| BABA | 98.0 | 1.21 | 108.76 | 29 (2026-11-06) | 83.10% | 1.23% | 1.09x |
| BABA | 101.0 | 0.35 | 108.76 | 9 (2026-10-09) | 89.28% | 0.35% | 1.09x |
| BABA | 95.0 | 1.52 | 108.76 | 39 (2026-11-20) | 83.66% | 1.60% | 1.09x |
| BABA | 95.0 | 3.12 | 108.76 | 79 (2027-01-15) | 78.02% | 3.28% | 1.08x |
| BABA | 95.0 | 4.2 | 108.76 | 104 (2027-02-19) | 75.83% | 4.42% | 1.08x |
| BABA | 100.0 | 0.29 | 108.76 | 9 (2026-10-09) | 91.23% | 0.29% | 1.08x |
| BABA | 102.0 | 0.16 | 108.76 | 4 (2026-10-02) | 92.67% | 0.16% | 1.08x |
| BABA | 103.0 | 0.15 | 108.76 | 4 (2026-10-02) | 92.26% | 0.15% | 1.07x |
| BABA | 90.0 | 1.54 | 108.76 | 59 (2026-12-18) | 86.44% | 1.71% | 1.06x |
| BABA | 90.0 | 2.1 | 108.76 | 79 (2027-01-15) | 84.22% | 2.33% | 1.06x |
| BABA | 90.0 | 0.78 | 108.76 | 39 (2026-11-20) | 90.65% | 0.87% | 1.05x |
| BABA | 85.0 | 1.89 | 108.76 | 104 (2027-02-19) | 87.29% | 2.22% | 1.05x |
| BABA | 95.0 | 0.24 | 108.76 | 14 (2026-10-16) | 94.36% | 0.25% | 1.04x |
| BABA | 85.0 | 1.27 | 108.76 | 79 (2027-01-15) | 89.67% | 1.49% | 1.04x |
| BABA | 80.0 | 1.22 | 108.76 | 104 (2027-02-19) | 91.28% | 1.52% | 1.03x |
| BABA | 85.0 | 0.42 | 108.76 | 39 (2026-11-20) | 94.70% | 0.49% | 1.03x |
| BABA | 101.0 | 0.06 | 108.76 | 4 (2026-10-02) | 96.66% | 0.06% | 1.03x |
| BABA | 80.0 | 0.71 | 108.76 | 79 (2027-01-15) | 93.67% | 0.89% | 1.03x |
| BABA | 75.0 | 0.74 | 108.76 | 104 (2027-02-19) | 94.38% | 0.99% | 1.02x |
| BABA | 100.0 | 0.04 | 108.76 | 4 (2026-10-02) | 97.61% | 0.04% | 1.02x |
| BABA | 80.0 | 0.2 | 108.76 | 39 (2026-11-20) | 97.38% | 0.25% | 1.02x |
| BABA | 99.0 | 0.03 | 108.76 | 4 (2026-10-02) | 98.28% | 0.03% | 1.02x |