Recommendation: ST
Current Price: $141.12
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 | 141.0 | 3.98 | 141.12 | 6 (2026-05-22) | 52.00% | 2.82% | 1.84x |
| BABA | 140.0 | 3.37 | 141.12 | 6 (2026-05-22) | 56.02% | 2.41% | 1.76x |
| BABA | 139.0 | 2.95 | 141.12 | 6 (2026-05-22) | 59.98% | 2.12% | 1.70x |
| BABA | 138.0 | 2.48 | 141.12 | 6 (2026-05-22) | 64.06% | 1.80% | 1.62x |
| BABA | 137.0 | 2.1 | 141.12 | 6 (2026-05-22) | 67.98% | 1.53% | 1.55x |
| BABA | 140.0 | 4.45 | 141.12 | 11 (2026-05-29) | 55.46% | 3.18% | 1.49x |
| BABA | 136.0 | 1.66 | 141.12 | 6 (2026-05-22) | 72.33% | 1.22% | 1.45x |
| BABA | 140.0 | 5.5 | 141.12 | 16 (2026-06-05) | 55.24% | 3.93% | 1.40x |
| BABA | 138.0 | 3.3 | 141.12 | 11 (2026-05-29) | 62.16% | 2.39% | 1.40x |
| BABA | 141.0 | 1.77 | 141.12 | 1 (2026-05-15) | 51.73% | 1.26% | 1.39x |
| BABA | 137.0 | 3.0 | 141.12 | 11 (2026-05-29) | 65.15% | 2.19% | 1.38x |
| BABA | 135.0 | 1.36 | 141.12 | 6 (2026-05-22) | 76.02% | 1.01% | 1.38x |
| BABA | 136.0 | 2.7 | 141.12 | 11 (2026-05-29) | 67.96% | 1.99% | 1.36x |
| BABA | 138.0 | 4.32 | 141.12 | 16 (2026-06-05) | 60.70% | 3.13% | 1.35x |
| BABA | 134.0 | 1.16 | 141.12 | 6 (2026-05-22) | 79.07% | 0.87% | 1.33x |
| BABA | 140.0 | 1.31 | 141.12 | 1 (2026-05-15) | 60.36% | 0.94% | 1.33x |
| BABA | 140.0 | 7.17 | 141.12 | 25 (2026-06-18) | 55.24% | 5.12% | 1.32x |
| BABA | 135.0 | 2.25 | 141.12 | 11 (2026-05-29) | 71.41% | 1.67% | 1.31x |
| BABA | 133.0 | 1.02 | 141.12 | 6 (2026-05-22) | 81.42% | 0.77% | 1.30x |
| BABA | 135.0 | 4.5 | 141.12 | 21 (2026-06-12) | 65.83% | 3.33% | 1.30x |
| BABA | 135.0 | 3.2 | 141.12 | 16 (2026-06-05) | 68.49% | 2.37% | 1.29x |
| BABA | 136.0 | 4.5 | 141.12 | 21 (2026-06-12) | 64.31% | 3.31% | 1.29x |
| BABA | 134.0 | 1.92 | 141.12 | 11 (2026-05-29) | 74.43% | 1.43% | 1.28x |
| BABA | 136.0 | 3.05 | 141.12 | 16 (2026-06-05) | 67.07% | 2.24% | 1.27x |
| BABA | 135.0 | 4.75 | 141.12 | 25 (2026-06-18) | 65.55% | 3.52% | 1.26x |
| BABA | 138.0 | 6.68 | 141.12 | 31 (2026-06-26) | 59.14% | 4.84% | 1.26x |
| BABA | 139.0 | 0.92 | 141.12 | 1 (2026-05-15) | 68.82% | 0.66% | 1.26x |
| BABA | 132.0 | 0.76 | 141.12 | 6 (2026-05-22) | 84.93% | 0.58% | 1.23x |
| BABA | 133.0 | 3.18 | 141.12 | 21 (2026-06-12) | 71.38% | 2.39% | 1.23x |
| BABA | 140.0 | 9.5 | 141.12 | 46 (2026-07-17) | 55.62% | 6.79% | 1.23x |
| BABA | 132.0 | 1.37 | 141.12 | 11 (2026-05-29) | 80.05% | 1.04% | 1.21x |
| BABA | 133.0 | 1.35 | 141.12 | 11 (2026-05-29) | 79.01% | 1.02% | 1.20x |
| BABA | 135.0 | 7.01 | 141.12 | 46 (2026-07-17) | 63.47% | 5.19% | 1.19x |
| BABA | 138.0 | 0.61 | 141.12 | 1 (2026-05-15) | 76.66% | 0.44% | 1.19x |
| BABA | 130.0 | 2.93 | 141.12 | 25 (2026-06-18) | 75.44% | 2.25% | 1.19x |
| BABA | 140.0 | 11.5 | 141.12 | 71 (2026-08-21) | 56.13% | 8.21% | 1.17x |
| BABA | 135.0 | 9.2 | 141.12 | 71 (2026-08-21) | 62.55% | 6.81% | 1.16x |
| BABA | 130.0 | 4.95 | 141.12 | 46 (2026-07-17) | 71.20% | 3.81% | 1.16x |
| BABA | 140.0 | 13.3 | 141.12 | 91 (2026-09-18) | 56.64% | 9.50% | 1.16x |
| BABA | 130.0 | 7.35 | 141.12 | 71 (2026-08-21) | 68.59% | 5.65% | 1.14x |
| BABA | 135.0 | 10.32 | 141.12 | 91 (2026-09-18) | 62.34% | 7.64% | 1.14x |
| BABA | 130.0 | 8.62 | 141.12 | 91 (2026-09-18) | 67.77% | 6.63% | 1.13x |
| BABA | 137.0 | 0.37 | 141.12 | 1 (2026-05-15) | 83.90% | 0.27% | 1.12x |
| BABA | 125.0 | 3.35 | 141.12 | 46 (2026-07-17) | 78.36% | 2.68% | 1.12x |
| BABA | 125.0 | 1.67 | 141.12 | 25 (2026-06-18) | 83.95% | 1.34% | 1.12x |
| BABA | 125.0 | 5.33 | 141.12 | 71 (2026-08-21) | 74.73% | 4.26% | 1.12x |
| BABA | 120.0 | 3.89 | 141.12 | 71 (2026-08-21) | 80.14% | 3.24% | 1.10x |
| BABA | 120.0 | 5.1 | 141.12 | 91 (2026-09-18) | 78.11% | 4.25% | 1.09x |
| BABA | 120.0 | 2.19 | 141.12 | 46 (2026-07-17) | 84.48% | 1.82% | 1.09x |
| BABA | 115.0 | 3.55 | 141.12 | 91 (2026-09-18) | 83.13% | 3.09% | 1.07x |
| BABA | 136.0 | 0.21 | 141.12 | 1 (2026-05-15) | 89.66% | 0.15% | 1.07x |
| BABA | 120.0 | 0.92 | 141.12 | 25 (2026-06-18) | 90.17% | 0.77% | 1.07x |
| BABA | 115.0 | 2.53 | 141.12 | 71 (2026-08-21) | 85.51% | 2.20% | 1.07x |
| BABA | 115.0 | 1.4 | 141.12 | 46 (2026-07-17) | 89.11% | 1.22% | 1.06x |
| BABA | 135.0 | 0.17 | 141.12 | 1 (2026-05-15) | 91.83% | 0.13% | 1.06x |
| BABA | 105.0 | 1.9 | 141.12 | 91 (2026-09-18) | 90.02% | 1.81% | 1.05x |
| BABA | 105.0 | 1.4 | 141.12 | 71 (2026-08-21) | 91.54% | 1.33% | 1.04x |
| BABA | 115.0 | 0.52 | 141.12 | 25 (2026-06-18) | 94.10% | 0.45% | 1.04x |
| BABA | 110.0 | 0.86 | 141.12 | 46 (2026-07-17) | 92.96% | 0.78% | 1.04x |
| BABA | 132.0 | 0.09 | 141.12 | 1 (2026-05-15) | 95.91% | 0.07% | 1.03x |
| BABA | 134.0 | 0.09 | 141.12 | 1 (2026-05-15) | 95.06% | 0.07% | 1.03x |
| BABA | 100.0 | 0.87 | 141.12 | 71 (2026-08-21) | 94.41% | 0.87% | 1.03x |
| BABA | 110.0 | 0.29 | 141.12 | 25 (2026-06-18) | 96.54% | 0.26% | 1.03x |
| BABA | 133.0 | 0.07 | 141.12 | 1 (2026-05-15) | 96.20% | 0.05% | 1.03x |
| BABA | 105.0 | 0.43 | 141.12 | 46 (2026-07-17) | 96.01% | 0.41% | 1.02x |
| BABA | 100.0 | 0.35 | 141.12 | 46 (2026-07-17) | 96.93% | 0.35% | 1.02x |
| BABA | 95.0 | 0.28 | 141.12 | 46 (2026-07-17) | 97.67% | 0.29% | 1.02x |
| BABA | 105.0 | 0.16 | 141.12 | 25 (2026-06-18) | 98.01% | 0.15% | 1.02x |
| BABA | 100.0 | 0.15 | 141.12 | 25 (2026-06-18) | 98.34% | 0.15% | 1.01x |