Recommendation: ST
Current Price: $162.51
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 | 162.5 | 3.6 | 162.51 | 5 (2026-02-13) | 51.26% | 2.22% | 1.77x |
| BABA | 160.0 | 2.5 | 162.51 | 5 (2026-02-13) | 61.92% | 1.56% | 1.62x |
| BABA | 162.5 | 5.05 | 162.51 | 10 (2026-02-20) | 51.73% | 3.11% | 1.49x |
| BABA | 157.5 | 1.7 | 162.51 | 5 (2026-02-13) | 71.87% | 1.08% | 1.48x |
| BABA | 160.0 | 3.85 | 162.51 | 10 (2026-02-20) | 59.55% | 2.41% | 1.43x |
| BABA | 160.0 | 5.7 | 162.51 | 15 (2026-02-27) | 58.04% | 3.56% | 1.41x |
| BABA | 162.5 | 8.25 | 162.51 | 20 (2026-03-06) | 52.74% | 5.08% | 1.40x |
| BABA | 157.5 | 2.88 | 162.51 | 10 (2026-02-20) | 67.08% | 1.83% | 1.36x |
| BABA | 157.5 | 5.95 | 162.51 | 20 (2026-03-06) | 62.20% | 3.78% | 1.34x |
| BABA | 155.0 | 1.1 | 162.51 | 5 (2026-02-13) | 79.62% | 0.71% | 1.33x |
| BABA | 155.0 | 3.75 | 162.51 | 15 (2026-02-27) | 68.91% | 2.42% | 1.32x |
| BABA | 155.0 | 2.06 | 162.51 | 10 (2026-02-20) | 74.14% | 1.33% | 1.28x |
| BABA | 160.0 | 8.0 | 162.51 | 30 (2026-03-20) | 57.37% | 5.00% | 1.27x |
| BABA | 155.0 | 5.85 | 162.51 | 30 (2026-03-20) | 65.71% | 3.77% | 1.23x |
| BABA | 152.5 | 0.71 | 162.51 | 5 (2026-02-13) | 86.15% | 0.47% | 1.22x |
| BABA | 152.5 | 1.46 | 162.51 | 10 (2026-02-20) | 80.22% | 0.96% | 1.21x |
| BABA | 160.0 | 9.7 | 162.51 | 50 (2026-04-17) | 57.32% | 6.06% | 1.19x |
| BABA | 150.0 | 4.1 | 162.51 | 30 (2026-03-20) | 73.52% | 2.73% | 1.18x |
| BABA | 150.0 | 1.09 | 162.51 | 10 (2026-02-20) | 84.74% | 0.73% | 1.17x |
| BABA | 160.0 | 12.05 | 162.51 | 70 (2026-05-15) | 57.46% | 7.53% | 1.16x |
| BABA | 145.0 | 2.08 | 162.51 | 20 (2026-03-06) | 82.75% | 1.43% | 1.16x |
| BABA | 145.0 | 2.95 | 162.51 | 30 (2026-03-20) | 79.93% | 2.03% | 1.15x |
| BABA | 160.0 | 14.05 | 162.51 | 94 (2026-06-18) | 57.76% | 8.78% | 1.14x |
| BABA | 150.0 | 5.6 | 162.51 | 50 (2026-04-17) | 71.10% | 3.73% | 1.14x |
| BABA | 155.0 | 11.9 | 162.51 | 94 (2026-06-18) | 62.76% | 7.68% | 1.13x |
| BABA | 150.0 | 7.4 | 162.51 | 70 (2026-05-15) | 69.22% | 4.93% | 1.13x |
| BABA | 149.0 | 0.36 | 162.51 | 5 (2026-02-13) | 92.32% | 0.24% | 1.12x |
| BABA | 150.0 | 9.3 | 162.51 | 94 (2026-06-18) | 67.92% | 6.20% | 1.12x |
| BABA | 145.0 | 4.05 | 162.51 | 50 (2026-04-17) | 77.35% | 2.79% | 1.11x |
| BABA | 145.0 | 7.55 | 162.51 | 94 (2026-06-18) | 72.64% | 5.21% | 1.10x |
| BABA | 140.0 | 1.9 | 162.51 | 30 (2026-03-20) | 85.71% | 1.36% | 1.10x |
| BABA | 140.0 | 3.0 | 162.51 | 50 (2026-04-17) | 82.39% | 2.14% | 1.09x |
| BABA | 140.0 | 6.0 | 162.51 | 94 (2026-06-18) | 77.06% | 4.29% | 1.09x |
| BABA | 145.0 | 0.52 | 162.51 | 10 (2026-02-20) | 91.95% | 0.36% | 1.09x |
| BABA | 135.0 | 4.6 | 162.51 | 94 (2026-06-18) | 81.30% | 3.41% | 1.08x |
| BABA | 135.0 | 3.15 | 162.51 | 70 (2026-05-15) | 84.09% | 2.33% | 1.07x |
| BABA | 135.0 | 1.19 | 162.51 | 30 (2026-03-20) | 90.36% | 0.88% | 1.07x |
| BABA | 130.0 | 3.45 | 162.51 | 94 (2026-06-18) | 85.11% | 2.65% | 1.06x |
| BABA | 125.0 | 0.45 | 162.51 | 30 (2026-03-20) | 95.94% | 0.36% | 1.03x |