Recommendation: ST
Current Price: $113.09
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 | 113.0 | 1.58 | 113.09 | 4 (2025-06-27) | 51.72% | 1.40% | 1.44x |
| BABA | 112.0 | 1.19 | 113.09 | 4 (2025-06-27) | 61.01% | 1.06% | 1.38x |
| BABA | 113.0 | 2.15 | 113.09 | 8 (2025-07-03) | 51.80% | 1.90% | 1.36x |
| BABA | 112.0 | 1.8 | 113.09 | 8 (2025-07-03) | 58.56% | 1.61% | 1.34x |
| BABA | 111.0 | 0.84 | 113.09 | 4 (2025-06-27) | 69.67% | 0.76% | 1.30x |
| BABA | 111.0 | 1.35 | 113.09 | 8 (2025-07-03) | 65.52% | 1.22% | 1.28x |
| BABA | 112.0 | 2.7 | 113.09 | 14 (2025-07-11) | 56.94% | 2.41% | 1.28x |
| BABA | 113.0 | 2.9 | 113.09 | 14 (2025-07-11) | 52.02% | 2.57% | 1.27x |
| BABA | 110.0 | 1.01 | 113.09 | 8 (2025-07-03) | 71.93% | 0.92% | 1.23x |
| BABA | 113.0 | 4.27 | 113.09 | 24 (2025-07-25) | 52.53% | 3.78% | 1.23x |
| BABA | 111.0 | 2.02 | 113.09 | 14 (2025-07-11) | 62.54% | 1.82% | 1.23x |
| BABA | 111.0 | 3.65 | 113.09 | 24 (2025-07-25) | 59.38% | 3.29% | 1.23x |
| BABA | 112.0 | 3.75 | 113.09 | 24 (2025-07-25) | 56.19% | 3.35% | 1.22x |
| BABA | 110.0 | 0.53 | 113.09 | 4 (2025-06-27) | 78.06% | 0.48% | 1.21x |
| BABA | 110.0 | 1.64 | 113.09 | 14 (2025-07-11) | 67.63% | 1.49% | 1.20x |
| BABA | 109.0 | 0.79 | 113.09 | 8 (2025-07-03) | 77.19% | 0.72% | 1.19x |
| BABA | 111.0 | 3.79 | 113.09 | 29 (2025-08-01) | 59.28% | 3.41% | 1.19x |
| BABA | 110.0 | 2.16 | 113.09 | 19 (2025-07-18) | 65.43% | 1.96% | 1.18x |
| BABA | 110.0 | 2.6 | 113.09 | 24 (2025-07-25) | 64.05% | 2.36% | 1.17x |
| BABA | 109.0 | 0.4 | 113.09 | 4 (2025-06-27) | 83.41% | 0.37% | 1.17x |
| BABA | 110.0 | 4.3 | 113.09 | 39 (2025-08-15) E | 61.30% | 3.91% | 1.17x |
| BABA | 108.0 | 0.61 | 113.09 | 8 (2025-07-03) | 81.68% | 0.56% | 1.16x |
| BABA | 108.0 | 1.09 | 113.09 | 14 (2025-07-11) | 76.43% | 1.01% | 1.15x |
| BABA | 107.0 | 1.03 | 113.09 | 14 (2025-07-11) | 78.77% | 0.96% | 1.15x |
| BABA | 106.0 | 0.92 | 113.09 | 14 (2025-07-11) | 81.32% | 0.87% | 1.13x |
| BABA | 106.0 | 0.49 | 113.09 | 8 (2025-07-03) | 86.30% | 0.46% | 1.13x |
| BABA | 110.0 | 5.85 | 113.09 | 64 (2025-09-19) E | 60.27% | 5.32% | 1.13x |
| BABA | 107.0 | 1.68 | 113.09 | 24 (2025-07-25) | 74.37% | 1.57% | 1.13x |
| BABA | 105.0 | 2.58 | 113.09 | 39 (2025-08-15) E | 73.64% | 2.46% | 1.12x |
| BABA | 107.0 | 0.43 | 113.09 | 8 (2025-07-03) | 86.14% | 0.40% | 1.11x |
| BABA | 108.0 | 0.25 | 113.09 | 4 (2025-06-27) | 88.64% | 0.23% | 1.11x |
| BABA | 110.0 | 8.2 | 113.09 | 109 (2025-11-21) E | 59.84% | 7.45% | 1.11x |
| BABA | 105.0 | 1.56 | 113.09 | 29 (2025-08-01) | 78.05% | 1.49% | 1.11x |
| BABA | 107.0 | 0.23 | 113.09 | 4 (2025-06-27) | 90.29% | 0.21% | 1.10x |
| BABA | 105.0 | 1.2 | 113.09 | 24 (2025-07-25) | 80.36% | 1.14% | 1.10x |
| BABA | 105.0 | 0.88 | 113.09 | 19 (2025-07-18) | 82.92% | 0.84% | 1.10x |
| BABA | 105.0 | 6.21 | 113.09 | 109 (2025-11-21) E | 67.48% | 5.91% | 1.09x |
| BABA | 100.0 | 1.45 | 113.09 | 39 (2025-08-15) E | 83.46% | 1.45% | 1.08x |
| BABA | 100.0 | 2.43 | 113.09 | 64 (2025-09-19) E | 79.36% | 2.43% | 1.08x |
| BABA | 105.0 | 0.27 | 113.09 | 8 (2025-07-03) | 91.12% | 0.26% | 1.08x |
| BABA | 106.0 | 0.15 | 113.09 | 4 (2025-06-27) | 93.28% | 0.14% | 1.07x |
| BABA | 95.0 | 1.53 | 113.09 | 64 (2025-09-19) E | 86.11% | 1.61% | 1.06x |
| BABA | 105.0 | 0.11 | 113.09 | 4 (2025-06-27) | 94.94% | 0.10% | 1.05x |
| BABA | 95.0 | 0.79 | 113.09 | 39 (2025-08-15) E | 90.25% | 0.83% | 1.05x |
| BABA | 104.0 | 0.1 | 113.09 | 4 (2025-06-27) | 95.86% | 0.10% | 1.05x |
| BABA | 100.0 | 0.36 | 113.09 | 19 (2025-07-18) | 92.37% | 0.36% | 1.05x |
| BABA | 97.5 | 0.32 | 113.09 | 19 (2025-07-18) | 93.76% | 0.33% | 1.04x |
| BABA | 90.0 | 0.92 | 113.09 | 64 (2025-09-19) E | 91.13% | 1.02% | 1.04x |
| BABA | 90.0 | 0.45 | 113.09 | 39 (2025-08-15) E | 94.23% | 0.50% | 1.03x |
| BABA | 95.0 | 0.18 | 113.09 | 19 (2025-07-18) | 96.21% | 0.19% | 1.02x |
| BABA | 92.5 | 0.16 | 113.09 | 19 (2025-07-18) | 96.89% | 0.17% | 1.02x |
| BABA | 87.5 | 0.09 | 113.09 | 19 (2025-07-18) | 98.31% | 0.10% | 1.01x |
| BABA | 90.0 | 0.08 | 113.09 | 19 (2025-07-18) | 98.26% | 0.09% | 1.01x |