Recommendation: ST
Current Price: $125.22
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 | 125.0 | 4.3 | 125.22 | 8 (2026-08-21) | 52.67% | 3.44% | 1.76x |
| BABA | 124.0 | 3.75 | 125.22 | 8 (2026-08-21) | 56.28% | 3.02% | 1.70x |
| BABA | 123.0 | 3.3 | 125.22 | 8 (2026-08-21) | 59.95% | 2.68% | 1.65x |
| BABA | 122.0 | 2.89 | 125.22 | 8 (2026-08-21) | 63.44% | 2.37% | 1.60x |
| BABA | 121.0 | 2.48 | 125.22 | 8 (2026-08-21) | 66.99% | 2.05% | 1.54x |
| BABA | 120.0 | 2.18 | 125.22 | 8 (2026-08-21) | 70.20% | 1.82% | 1.49x |
| BABA | 119.0 | 1.79 | 125.22 | 8 (2026-08-21) | 73.82% | 1.50% | 1.42x |
| BABA | 125.0 | 5.45 | 125.22 | 18 (2026-09-04) | 53.03% | 4.36% | 1.38x |
| BABA | 118.0 | 1.52 | 125.22 | 8 (2026-08-21) | 76.83% | 1.29% | 1.36x |
| BABA | 123.0 | 4.55 | 125.22 | 18 (2026-09-04) | 58.65% | 3.70% | 1.35x |
| BABA | 125.0 | 1.34 | 125.22 | 3 (2026-08-14) | 53.10% | 1.07% | 1.33x |
| BABA | 120.0 | 2.55 | 125.22 | 13 (2026-08-28) | 68.90% | 2.12% | 1.33x |
| BABA | 117.0 | 1.29 | 125.22 | 8 (2026-08-21) | 79.63% | 1.10% | 1.32x |
| BABA | 125.0 | 5.85 | 125.22 | 23 (2026-09-11) | 53.19% | 4.68% | 1.31x |
| BABA | 125.0 | 6.65 | 125.22 | 28 (2026-09-18) | 53.46% | 5.32% | 1.29x |
| BABA | 122.0 | 4.55 | 125.22 | 23 (2026-09-11) | 60.97% | 3.73% | 1.28x |
| BABA | 118.0 | 1.94 | 125.22 | 13 (2026-08-28) | 74.68% | 1.64% | 1.27x |
| BABA | 116.0 | 1.05 | 125.22 | 8 (2026-08-21) | 82.55% | 0.91% | 1.26x |
| BABA | 124.0 | 0.9 | 125.22 | 3 (2026-08-14) | 64.16% | 0.73% | 1.26x |
| BABA | 117.0 | 1.67 | 125.22 | 13 (2026-08-28) | 77.36% | 1.43% | 1.24x |
| BABA | 120.0 | 4.35 | 125.22 | 28 (2026-09-18) | 65.01% | 3.62% | 1.23x |
| BABA | 97.5 | 9.65 | 125.22 | 93 (2026-12-18) | 77.96% | 9.90% | 1.22x |
| BABA | 116.0 | 1.43 | 125.22 | 13 (2026-08-28) | 79.93% | 1.23% | 1.21x |
| BABA | 125.0 | 8.45 | 125.22 | 48 (2026-10-16) | 54.16% | 6.76% | 1.21x |
| BABA | 123.0 | 0.6 | 125.22 | 3 (2026-08-14) | 74.17% | 0.49% | 1.20x |
| BABA | 120.0 | 5.85 | 125.22 | 48 (2026-10-16) | 63.45% | 4.87% | 1.17x |
| BABA | 115.0 | 2.56 | 125.22 | 28 (2026-09-18) | 75.96% | 2.23% | 1.16x |
| BABA | 115.0 | 4.05 | 125.22 | 48 (2026-10-16) | 72.21% | 3.52% | 1.14x |
| BABA | 110.0 | 4.0 | 125.22 | 73 (2026-11-20) | 76.81% | 3.64% | 1.10x |
| BABA | 110.0 | 5.05 | 125.22 | 93 (2026-12-18) | 74.97% | 4.59% | 1.10x |
| BABA | 105.0 | 1.61 | 125.22 | 48 (2026-10-16) | 86.53% | 1.53% | 1.07x |
| BABA | 105.0 | 0.75 | 125.22 | 28 (2026-09-18) | 91.17% | 0.71% | 1.06x |
| BABA | 100.0 | 1.75 | 125.22 | 73 (2026-11-20) | 87.89% | 1.75% | 1.05x |
| BABA | 100.0 | 0.4 | 125.22 | 28 (2026-09-18) | 95.30% | 0.40% | 1.03x |
| BABA | 119.0 | 0.08 | 125.22 | 3 (2026-08-14) | 95.18% | 0.07% | 1.03x |
| BABA | 95.0 | 0.2 | 125.22 | 28 (2026-09-18) | 97.16% | 0.21% | 1.02x |
| BABA | 90.0 | 0.1 | 125.22 | 28 (2026-09-18) | 98.81% | 0.11% | 1.01x |
| BABA | 85.0 | 0.16 | 125.22 | 48 (2026-10-16) | 98.26% | 0.19% | 1.01x |