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 | 4.39 | 125.22 | 7 (2026-08-21) | 52.66% | 3.51% | 1.93x |
| BABA | 124.0 | 3.88 | 125.22 | 7 (2026-08-21) | 56.19% | 3.13% | 1.87x |
| BABA | 123.0 | 3.45 | 125.22 | 7 (2026-08-21) | 59.67% | 2.80% | 1.82x |
| BABA | 122.0 | 3.03 | 125.22 | 7 (2026-08-21) | 63.12% | 2.48% | 1.75x |
| BABA | 121.0 | 2.54 | 125.22 | 7 (2026-08-21) | 66.81% | 2.10% | 1.65x |
| BABA | 120.0 | 2.25 | 125.22 | 7 (2026-08-21) | 69.92% | 1.87% | 1.60x |
| BABA | 125.0 | 5.15 | 125.22 | 12 (2026-08-28) | 52.89% | 4.12% | 1.57x |
| BABA | 124.0 | 4.75 | 125.22 | 12 (2026-08-28) | 55.87% | 3.83% | 1.56x |
| BABA | 119.0 | 1.91 | 125.22 | 7 (2026-08-21) | 73.19% | 1.61% | 1.52x |
| BABA | 122.0 | 3.86 | 125.22 | 12 (2026-08-28) | 61.71% | 3.16% | 1.50x |
| BABA | 118.0 | 1.61 | 125.22 | 7 (2026-08-21) | 76.33% | 1.36% | 1.45x |
| BABA | 125.0 | 5.8 | 125.22 | 17 (2026-09-04) | 53.12% | 4.64% | 1.43x |
| BABA | 124.0 | 5.26 | 125.22 | 17 (2026-09-04) | 55.80% | 4.24% | 1.41x |
| BABA | 123.0 | 4.82 | 125.22 | 17 (2026-09-04) | 58.46% | 3.92% | 1.40x |
| BABA | 120.0 | 2.83 | 125.22 | 12 (2026-08-28) | 68.02% | 2.36% | 1.40x |
| BABA | 117.0 | 1.34 | 125.22 | 7 (2026-08-21) | 79.35% | 1.15% | 1.38x |
| BABA | 125.0 | 6.48 | 125.22 | 22 (2026-09-11) | 53.36% | 5.18% | 1.37x |
| BABA | 125.0 | 1.4 | 125.22 | 2 (2026-08-14) | 52.99% | 1.12% | 1.35x |
| BABA | 120.0 | 3.62 | 125.22 | 17 (2026-09-04) | 66.19% | 3.02% | 1.34x |
| BABA | 116.0 | 1.15 | 125.22 | 7 (2026-08-21) | 81.77% | 0.99% | 1.34x |
| BABA | 122.0 | 4.92 | 125.22 | 22 (2026-09-11) | 60.62% | 4.03% | 1.32x |
| BABA | 118.0 | 2.1 | 125.22 | 12 (2026-08-28) | 73.96% | 1.78% | 1.32x |
| BABA | 125.0 | 6.84 | 125.22 | 27 (2026-09-18) | 53.50% | 5.47% | 1.31x |
| BABA | 124.0 | 0.99 | 125.22 | 2 (2026-08-14) | 63.15% | 0.80% | 1.29x |
| BABA | 125.0 | 7.6 | 125.22 | 32 (2026-09-25) | 53.78% | 6.08% | 1.29x |
| BABA | 118.0 | 2.78 | 125.22 | 17 (2026-09-04) | 71.50% | 2.36% | 1.28x |
| BABA | 117.0 | 1.81 | 125.22 | 12 (2026-08-28) | 76.66% | 1.55% | 1.28x |
| BABA | 118.0 | 3.5 | 125.22 | 22 (2026-09-11) | 69.64% | 2.97% | 1.26x |
| BABA | 120.0 | 4.6 | 125.22 | 27 (2026-09-18) | 64.65% | 3.83% | 1.26x |
| BABA | 116.0 | 1.55 | 125.22 | 12 (2026-08-28) | 79.24% | 1.34% | 1.25x |
| BABA | 116.0 | 2.24 | 125.22 | 17 (2026-09-04) | 75.98% | 1.93% | 1.24x |
| BABA | 97.5 | 9.65 | 125.22 | 92 (2026-12-18) | 77.96% | 9.90% | 1.23x |
| BABA | 125.0 | 8.65 | 125.22 | 47 (2026-10-16) | 54.22% | 6.92% | 1.22x |
| BABA | 123.0 | 0.66 | 125.22 | 2 (2026-08-14) | 72.55% | 0.54% | 1.22x |
| BABA | 115.0 | 2.36 | 125.22 | 22 (2026-09-11) | 76.64% | 2.05% | 1.20x |
| BABA | 120.0 | 6.25 | 125.22 | 47 (2026-10-16) | 63.15% | 5.21% | 1.19x |
| BABA | 117.0 | 2.37 | 125.22 | 22 (2026-09-11) | 74.28% | 2.03% | 1.19x |
| BABA | 115.0 | 2.75 | 125.22 | 27 (2026-09-18) | 75.35% | 2.39% | 1.18x |
| BABA | 115.0 | 2.93 | 125.22 | 32 (2026-09-25) | 74.81% | 2.55% | 1.16x |
| BABA | 122.0 | 0.43 | 125.22 | 2 (2026-08-14) | 80.38% | 0.35% | 1.15x |
| BABA | 115.0 | 4.32 | 125.22 | 47 (2026-10-16) | 71.70% | 3.76% | 1.15x |
| BABA | 125.0 | 9.15 | 125.22 | 72 (2026-11-20) | 54.54% | 7.32% | 1.15x |
| BABA | 110.0 | 1.52 | 125.22 | 27 (2026-09-18) | 84.34% | 1.38% | 1.11x |
| BABA | 121.0 | 0.3 | 125.22 | 2 (2026-08-14) | 86.33% | 0.25% | 1.11x |
| BABA | 110.0 | 2.74 | 125.22 | 47 (2026-10-16) | 79.69% | 2.49% | 1.11x |
| BABA | 110.0 | 4.2 | 125.22 | 72 (2026-11-20) | 76.27% | 3.82% | 1.11x |
| BABA | 110.0 | 5.25 | 125.22 | 92 (2026-12-18) | 74.69% | 4.77% | 1.10x |
| BABA | 105.0 | 1.66 | 125.22 | 47 (2026-10-16) | 86.31% | 1.58% | 1.08x |
| BABA | 105.0 | 1.01 | 125.22 | 32 (2026-09-25) | 89.48% | 0.96% | 1.07x |
| BABA | 105.0 | 0.8 | 125.22 | 27 (2026-09-18) | 90.77% | 0.76% | 1.07x |
| BABA | 120.0 | 0.15 | 125.22 | 2 (2026-08-14) | 91.73% | 0.13% | 1.06x |
| BABA | 100.0 | 1.87 | 125.22 | 72 (2026-11-20) | 87.49% | 1.87% | 1.06x |
| BABA | 100.0 | 1.0 | 125.22 | 47 (2026-10-16) | 90.86% | 1.00% | 1.05x |
| BABA | 95.0 | 1.8 | 125.22 | 92 (2026-12-18) | 89.25% | 1.89% | 1.05x |
| BABA | 100.0 | 0.55 | 125.22 | 32 (2026-09-25) | 93.78% | 0.55% | 1.04x |
| BABA | 95.0 | 1.19 | 125.22 | 72 (2026-11-20) | 91.46% | 1.25% | 1.04x |
| BABA | 100.0 | 0.41 | 125.22 | 27 (2026-09-18) | 94.86% | 0.41% | 1.04x |
| BABA | 119.0 | 0.08 | 125.22 | 2 (2026-08-14) | 95.12% | 0.07% | 1.03x |
| BABA | 118.0 | 0.07 | 125.22 | 2 (2026-08-14) | 95.82% | 0.06% | 1.03x |
| BABA | 85.0 | 0.51 | 125.22 | 72 (2026-11-20) | 96.07% | 0.60% | 1.02x |
| BABA | 95.0 | 0.21 | 125.22 | 27 (2026-09-18) | 97.26% | 0.22% | 1.02x |
| BABA | 90.0 | 0.11 | 125.22 | 27 (2026-09-18) | 98.51% | 0.12% | 1.01x |
| BABA | 85.0 | 0.16 | 125.22 | 47 (2026-10-16) | 98.27% | 0.19% | 1.01x |
| BABA | 85.0 | 0.06 | 125.22 | 27 (2026-09-18) | 99.19% | 0.07% | 1.01x |