Recommendation: ST
Current Price: $125.41
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 | 2.6 | 125.41 | 5 (2026-04-02) | 53.52% | 2.08% | 1.75x |
| BABA | 124.0 | 2.16 | 125.41 | 5 (2026-04-02) | 59.12% | 1.74% | 1.68x |
| BABA | 123.0 | 1.82 | 125.41 | 5 (2026-04-02) | 64.28% | 1.48% | 1.61x |
| BABA | 122.0 | 1.46 | 125.41 | 5 (2026-04-02) | 69.46% | 1.20% | 1.52x |
| BABA | 125.0 | 3.96 | 125.41 | 11 (2026-04-10) | 53.37% | 3.17% | 1.47x |
| BABA | 121.0 | 1.19 | 125.41 | 5 (2026-04-02) | 73.98% | 0.98% | 1.44x |
| BABA | 124.0 | 3.3 | 125.41 | 11 (2026-04-10) | 57.36% | 2.66% | 1.41x |
| BABA | 125.0 | 4.75 | 125.41 | 16 (2026-04-17) | 53.47% | 3.80% | 1.37x |
| BABA | 120.0 | 0.93 | 125.41 | 5 (2026-04-02) | 78.36% | 0.78% | 1.36x |
| BABA | 125.0 | 5.53 | 125.41 | 21 (2026-04-24) | 53.63% | 4.42% | 1.32x |
| BABA | 124.0 | 5.06 | 125.41 | 21 (2026-04-24) | 56.37% | 4.08% | 1.31x |
| BABA | 121.0 | 2.1 | 125.41 | 11 (2026-04-10) | 68.90% | 1.74% | 1.31x |
| BABA | 120.0 | 1.89 | 125.41 | 11 (2026-04-10) | 71.85% | 1.58% | 1.29x |
| BABA | 123.0 | 4.37 | 125.41 | 21 (2026-04-24) | 59.28% | 3.55% | 1.28x |
| BABA | 125.0 | 5.87 | 125.41 | 26 (2026-05-01) | 53.74% | 4.70% | 1.27x |
| BABA | 120.0 | 2.65 | 125.41 | 16 (2026-04-17) | 68.96% | 2.21% | 1.27x |
| BABA | 122.0 | 3.9 | 125.41 | 21 (2026-04-24) | 62.20% | 3.20% | 1.27x |
| BABA | 119.0 | 1.6 | 125.41 | 11 (2026-04-10) | 75.07% | 1.34% | 1.26x |
| BABA | 121.0 | 3.55 | 125.41 | 21 (2026-04-24) | 64.82% | 2.93% | 1.25x |
| BABA | 125.0 | 1.0 | 125.41 | 1 (2026-03-27) | 55.84% | 0.80% | 1.25x |
| BABA | 120.0 | 3.31 | 125.41 | 21 (2026-04-24) | 67.21% | 2.76% | 1.25x |
| BABA | 124.0 | 0.8 | 125.41 | 1 (2026-03-27) | 65.92% | 0.65% | 1.24x |
| BABA | 125.0 | 7.1 | 125.41 | 36 (2026-05-15) | 54.08% | 5.68% | 1.24x |
| BABA | 121.0 | 4.15 | 125.41 | 26 (2026-05-01) | 63.85% | 3.43% | 1.23x |
| BABA | 92.5 | 5.55 | 125.41 | 60 (2026-06-18) | 83.15% | 6.00% | 1.23x |
| BABA | 119.0 | 2.91 | 125.41 | 21 (2026-04-24) | 69.90% | 2.45% | 1.23x |
| BABA | 120.0 | 4.85 | 125.41 | 36 (2026-05-15) | 64.70% | 4.04% | 1.20x |
| BABA | 125.0 | 9.85 | 125.41 | 60 (2026-06-18) | 55.02% | 7.88% | 1.20x |
| BABA | 120.0 | 7.5 | 125.41 | 60 (2026-06-18) | 62.74% | 6.25% | 1.18x |
| BABA | 115.0 | 1.45 | 125.41 | 16 (2026-04-17) | 81.05% | 1.26% | 1.17x |
| BABA | 115.0 | 1.93 | 125.41 | 21 (2026-04-24) | 78.57% | 1.68% | 1.17x |
| BABA | 125.0 | 11.2 | 125.41 | 81 (2026-07-17) | 55.56% | 8.96% | 1.16x |
| BABA | 115.0 | 2.35 | 125.41 | 26 (2026-05-01) | 76.90% | 2.04% | 1.16x |
| BABA | 115.0 | 0.87 | 125.41 | 11 (2026-04-10) | 85.18% | 0.76% | 1.16x |
| BABA | 115.0 | 3.25 | 125.41 | 36 (2026-05-15) | 74.16% | 2.83% | 1.16x |
| BABA | 115.0 | 5.5 | 125.41 | 60 (2026-06-18) | 70.15% | 4.78% | 1.15x |
| BABA | 123.0 | 0.42 | 125.41 | 1 (2026-03-27) | 77.81% | 0.34% | 1.14x |
| BABA | 125.0 | 12.54 | 125.41 | 106 (2026-08-21) | 56.11% | 10.03% | 1.14x |
| BABA | 115.0 | 6.65 | 125.41 | 81 (2026-07-17) | 69.03% | 5.78% | 1.13x |
| BABA | 120.0 | 10.1 | 125.41 | 106 (2026-08-21) | 62.18% | 8.42% | 1.13x |
| BABA | 115.0 | 0.29 | 125.41 | 5 (2026-04-02) | 92.10% | 0.25% | 1.12x |
| BABA | 110.0 | 3.95 | 125.41 | 60 (2026-06-18) | 76.92% | 3.59% | 1.12x |
| BABA | 115.0 | 7.95 | 125.41 | 106 (2026-08-21) | 68.12% | 6.91% | 1.12x |
| BABA | 110.0 | 5.15 | 125.41 | 81 (2026-07-17) | 74.93% | 4.68% | 1.11x |
| BABA | 110.0 | 2.07 | 125.41 | 36 (2026-05-15) | 82.05% | 1.88% | 1.11x |
| BABA | 122.0 | 0.3 | 125.41 | 1 (2026-03-27) | 83.60% | 0.25% | 1.11x |
| BABA | 110.0 | 1.37 | 125.41 | 26 (2026-05-01) | 85.24% | 1.25% | 1.11x |
| BABA | 110.0 | 1.07 | 125.41 | 21 (2026-04-24) | 86.97% | 0.97% | 1.11x |
| BABA | 110.0 | 6.25 | 125.41 | 106 (2026-08-21) | 73.63% | 5.68% | 1.10x |
| BABA | 110.0 | 0.76 | 125.41 | 16 (2026-04-17) | 89.18% | 0.69% | 1.10x |
| BABA | 105.0 | 3.8 | 125.41 | 81 (2026-07-17) | 80.34% | 3.62% | 1.09x |
| BABA | 105.0 | 4.85 | 125.41 | 106 (2026-08-21) | 78.59% | 4.62% | 1.09x |
| BABA | 105.0 | 1.37 | 125.41 | 36 (2026-05-15) | 87.68% | 1.30% | 1.08x |
| BABA | 110.0 | 0.39 | 125.41 | 11 (2026-04-10) | 92.73% | 0.35% | 1.08x |
| BABA | 100.0 | 3.71 | 125.41 | 106 (2026-08-21) | 82.95% | 3.71% | 1.07x |
| BABA | 100.0 | 1.96 | 125.41 | 60 (2026-06-18) | 87.23% | 1.96% | 1.07x |
| BABA | 100.0 | 2.7 | 125.41 | 81 (2026-07-17) | 85.19% | 2.70% | 1.07x |
| BABA | 121.0 | 0.19 | 125.41 | 1 (2026-03-27) | 89.33% | 0.16% | 1.07x |
| BABA | 105.0 | 0.38 | 125.41 | 16 (2026-04-17) | 94.22% | 0.36% | 1.06x |
| BABA | 100.0 | 0.82 | 125.41 | 36 (2026-05-15) | 92.15% | 0.82% | 1.05x |
| BABA | 95.0 | 2.41 | 125.41 | 106 (2026-08-21) | 87.59% | 2.54% | 1.05x |
| BABA | 120.0 | 0.12 | 125.41 | 1 (2026-03-27) | 93.03% | 0.10% | 1.05x |
| BABA | 90.0 | 1.98 | 125.41 | 106 (2026-08-21) | 90.03% | 2.20% | 1.05x |
| BABA | 110.0 | 0.1 | 125.41 | 5 (2026-04-02) | 96.64% | 0.09% | 1.05x |
| BABA | 119.0 | 0.1 | 125.41 | 1 (2026-03-27) | 94.75% | 0.08% | 1.04x |
| BABA | 105.0 | 0.07 | 125.41 | 5 (2026-04-02) | 98.17% | 0.07% | 1.03x |
| BABA | 100.0 | 0.2 | 125.41 | 16 (2026-04-17) | 96.40% | 0.20% | 1.03x |
| BABA | 117.0 | 0.07 | 125.41 | 1 (2026-03-27) | 96.46% | 0.06% | 1.03x |
| BABA | 80.0 | 0.63 | 125.41 | 81 (2026-07-17) | 96.00% | 0.79% | 1.02x |
| BABA | 116.0 | 0.05 | 125.41 | 1 (2026-03-27) | 97.31% | 0.04% | 1.02x |
| BABA | 118.0 | 0.05 | 125.41 | 1 (2026-03-27) | 96.99% | 0.04% | 1.02x |
| BABA | 80.0 | 0.01 | 125.41 | 16 (2026-04-17) | 99.77% | 0.01% | 1.00x |