Recommendation: NO
Current Price: $246.15
Total Wheels: 10
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 |
|---|---|---|---|---|---|---|---|
| AMZN | 245.0 | 2.59 | 246.15 | 5 (2026-10-02) | 56.59% | 1.06% | 1.35x |
| AMZN | 245.0 | 3.15 | 246.15 | 6 (2026-10-05) | 55.84% | 1.29% | 1.35x |
| AMZN | 245.0 | 3.6 | 246.15 | 8 (2026-10-07) | 55.42% | 1.47% | 1.29x |
| AMZN | 242.5 | 2.22 | 246.15 | 6 (2026-10-05) | 65.86% | 0.92% | 1.29x |
| AMZN | 242.5 | 1.69 | 246.15 | 5 (2026-10-02) | 68.27% | 0.70% | 1.27x |
| AMZN | 245.0 | 4.2 | 246.15 | 10 (2026-10-09) | 55.03% | 1.71% | 1.27x |
| AMZN | 242.5 | 2.79 | 246.15 | 8 (2026-10-07) | 64.01% | 1.15% | 1.26x |
| AMZN | 245.0 | 10.2 | 246.15 | 25 (2026-10-30) | 54.14% | 4.16% | 1.25x |
| AMZN | 242.5 | 3.32 | 246.15 | 10 (2026-10-09) | 62.71% | 1.37% | 1.24x |
| AMZN | 245.0 | 11.2 | 246.15 | 30 (2026-11-06) | 54.22% | 4.57% | 1.23x |
| AMZN | 245.0 | 5.45 | 246.15 | 15 (2026-10-16) | 54.51% | 2.22% | 1.22x |
| AMZN | 240.0 | 7.9 | 246.15 | 25 (2026-10-30) | 61.38% | 3.29% | 1.22x |
| AMZN | 245.0 | 1.6 | 246.15 | 3 (2026-09-30) | 58.95% | 0.65% | 1.21x |
| AMZN | 242.5 | 4.5 | 246.15 | 15 (2026-10-16) | 60.80% | 1.86% | 1.21x |
| AMZN | 240.0 | 8.9 | 246.15 | 30 (2026-11-06) | 60.85% | 3.71% | 1.21x |
| AMZN | 240.0 | 1.38 | 246.15 | 6 (2026-10-05) | 75.53% | 0.57% | 1.20x |
| AMZN | 245.0 | 6.5 | 246.15 | 20 (2026-10-23) | 54.30% | 2.65% | 1.20x |
| AMZN | 235.0 | 6.05 | 246.15 | 25 (2026-10-30) | 68.25% | 2.57% | 1.19x |
| AMZN | 245.0 | 12.6 | 246.15 | 40 (2026-11-20) | 54.40% | 5.14% | 1.19x |
| AMZN | 240.0 | 1.82 | 246.15 | 8 (2026-10-07) | 72.87% | 0.76% | 1.19x |
| AMZN | 240.0 | 1.05 | 246.15 | 5 (2026-10-02) | 78.16% | 0.44% | 1.19x |
| AMZN | 240.0 | 2.33 | 246.15 | 10 (2026-10-09) | 70.55% | 0.97% | 1.19x |
| AMZN | 235.0 | 6.96 | 246.15 | 30 (2026-11-06) | 67.20% | 2.96% | 1.18x |
| AMZN | 240.0 | 3.52 | 246.15 | 15 (2026-10-16) | 66.91% | 1.47% | 1.18x |
| AMZN | 240.0 | 10.25 | 246.15 | 40 (2026-11-20) | 60.32% | 4.27% | 1.17x |
| AMZN | 240.0 | 4.51 | 246.15 | 20 (2026-10-23) | 64.96% | 1.88% | 1.17x |
| AMZN | 230.0 | 4.51 | 246.15 | 25 (2026-10-30) | 74.57% | 1.96% | 1.16x |
| AMZN | 230.0 | 5.51 | 246.15 | 30 (2026-11-06) | 72.85% | 2.40% | 1.16x |
| AMZN | 237.5 | 1.38 | 246.15 | 8 (2026-10-07) | 78.93% | 0.58% | 1.16x |
| AMZN | 237.5 | 1.77 | 246.15 | 10 (2026-10-09) | 76.67% | 0.75% | 1.15x |
| AMZN | 235.0 | 8.2 | 246.15 | 40 (2026-11-20) | 66.06% | 3.49% | 1.15x |
| AMZN | 237.5 | 2.75 | 246.15 | 15 (2026-10-16) | 72.53% | 1.16% | 1.15x |
| AMZN | 237.5 | 0.9 | 246.15 | 6 (2026-10-05) | 82.77% | 0.38% | 1.14x |
| AMZN | 242.5 | 0.83 | 246.15 | 3 (2026-09-30) | 75.17% | 0.34% | 1.14x |
| AMZN | 230.0 | 6.54 | 246.15 | 40 (2026-11-20) | 71.46% | 2.84% | 1.14x |
| AMZN | 225.0 | 4.1 | 246.15 | 30 (2026-11-06) | 78.31% | 1.82% | 1.13x |
| AMZN | 225.0 | 3.31 | 246.15 | 25 (2026-10-30) | 80.11% | 1.47% | 1.13x |
| AMZN | 235.0 | 2.95 | 246.15 | 20 (2026-10-23) | 74.52% | 1.26% | 1.12x |
| AMZN | 235.0 | 2.1 | 246.15 | 15 (2026-10-16) | 77.61% | 0.89% | 1.12x |
| AMZN | 237.5 | 0.63 | 246.15 | 5 (2026-10-02) | 85.64% | 0.27% | 1.12x |
| AMZN | 235.0 | 1.25 | 246.15 | 10 (2026-10-09) | 82.31% | 0.53% | 1.12x |
| AMZN | 225.0 | 5.14 | 246.15 | 40 (2026-11-20) | 76.37% | 2.28% | 1.12x |
| AMZN | 235.0 | 0.9 | 246.15 | 8 (2026-10-07) | 84.85% | 0.38% | 1.11x |
| AMZN | 232.5 | 1.66 | 246.15 | 15 (2026-10-16) | 81.75% | 0.71% | 1.10x |
| AMZN | 220.0 | 3.1 | 246.15 | 30 (2026-11-06) | 82.71% | 1.41% | 1.10x |
| AMZN | 220.0 | 2.41 | 246.15 | 25 (2026-10-30) | 84.73% | 1.10% | 1.10x |
| AMZN | 220.0 | 4.0 | 246.15 | 40 (2026-11-20) | 80.74% | 1.82% | 1.10x |
| AMZN | 235.0 | 0.58 | 246.15 | 6 (2026-10-05) | 88.21% | 0.25% | 1.10x |
| AMZN | 230.0 | 1.89 | 246.15 | 20 (2026-10-23) | 82.26% | 0.82% | 1.09x |
| AMZN | 232.5 | 0.9 | 246.15 | 10 (2026-10-09) | 86.46% | 0.39% | 1.09x |
| AMZN | 230.0 | 1.26 | 246.15 | 15 (2026-10-16) | 85.52% | 0.55% | 1.08x |
| AMZN | 215.0 | 2.31 | 246.15 | 30 (2026-11-06) | 86.58% | 1.07% | 1.08x |
| AMZN | 215.0 | 3.1 | 246.15 | 40 (2026-11-20) | 84.38% | 1.44% | 1.08x |
| AMZN | 235.0 | 0.39 | 246.15 | 5 (2026-10-02) | 90.65% | 0.17% | 1.08x |
| AMZN | 240.0 | 0.41 | 246.15 | 3 (2026-09-30) | 86.30% | 0.17% | 1.08x |
| AMZN | 232.5 | 0.61 | 246.15 | 8 (2026-10-07) | 89.29% | 0.26% | 1.08x |
| AMZN | 215.0 | 1.72 | 246.15 | 25 (2026-10-30) | 88.56% | 0.80% | 1.07x |
| AMZN | 230.0 | 0.68 | 246.15 | 10 (2026-10-09) | 89.75% | 0.30% | 1.07x |
| AMZN | 227.5 | 0.99 | 246.15 | 15 (2026-10-16) | 88.33% | 0.44% | 1.07x |
| AMZN | 210.0 | 2.39 | 246.15 | 40 (2026-11-20) | 87.60% | 1.14% | 1.06x |
| AMZN | 232.5 | 0.37 | 246.15 | 6 (2026-10-05) | 92.00% | 0.16% | 1.06x |
| AMZN | 210.0 | 1.69 | 246.15 | 30 (2026-11-06) | 89.74% | 0.80% | 1.06x |
| AMZN | 225.0 | 1.22 | 246.15 | 20 (2026-10-23) | 87.89% | 0.54% | 1.06x |
| AMZN | 210.0 | 1.24 | 246.15 | 25 (2026-10-30) | 91.44% | 0.59% | 1.06x |
| AMZN | 225.0 | 0.76 | 246.15 | 15 (2026-10-16) | 90.79% | 0.34% | 1.05x |
| AMZN | 205.0 | 1.84 | 246.15 | 40 (2026-11-20) | 90.18% | 0.90% | 1.05x |
| AMZN | 230.0 | 0.4 | 246.15 | 8 (2026-10-07) | 92.07% | 0.17% | 1.05x |
| AMZN | 227.5 | 0.48 | 246.15 | 10 (2026-10-09) | 92.45% | 0.21% | 1.05x |
| AMZN | 205.0 | 1.29 | 246.15 | 30 (2026-11-06) | 92.04% | 0.63% | 1.05x |
| AMZN | 232.5 | 0.23 | 246.15 | 5 (2026-10-02) | 94.18% | 0.10% | 1.05x |
| AMZN | 230.0 | 0.24 | 246.15 | 6 (2026-10-05) | 94.73% | 0.10% | 1.04x |
| AMZN | 205.0 | 0.9 | 246.15 | 25 (2026-10-30) | 93.68% | 0.44% | 1.04x |
| AMZN | 200.0 | 1.4 | 246.15 | 40 (2026-11-20) | 92.26% | 0.70% | 1.04x |
| AMZN | 220.0 | 0.77 | 246.15 | 20 (2026-10-23) | 91.98% | 0.35% | 1.04x |
| AMZN | 225.0 | 0.37 | 246.15 | 10 (2026-10-09) | 94.15% | 0.16% | 1.04x |
| AMZN | 227.5 | 0.22 | 246.15 | 6 (2026-10-05) | 95.49% | 0.10% | 1.04x |
| AMZN | 237.5 | 0.18 | 246.15 | 3 (2026-09-30) | 93.12% | 0.08% | 1.04x |
| AMZN | 220.0 | 0.44 | 246.15 | 15 (2026-10-16) | 94.36% | 0.20% | 1.03x |
| AMZN | 200.0 | 0.66 | 246.15 | 25 (2026-10-30) | 95.26% | 0.33% | 1.03x |
| AMZN | 230.0 | 0.13 | 246.15 | 5 (2026-10-02) | 96.57% | 0.06% | 1.03x |
| AMZN | 215.0 | 0.49 | 246.15 | 20 (2026-10-23) | 94.71% | 0.23% | 1.03x |
| AMZN | 220.0 | 0.23 | 246.15 | 10 (2026-10-09) | 96.37% | 0.10% | 1.03x |
| AMZN | 227.5 | 0.09 | 246.15 | 5 (2026-10-02) | 97.69% | 0.04% | 1.02x |
| AMZN | 235.0 | 0.09 | 246.15 | 3 (2026-09-30) | 96.57% | 0.04% | 1.02x |
| AMZN | 210.0 | 0.32 | 246.15 | 20 (2026-10-23) | 96.49% | 0.15% | 1.02x |
| AMZN | 222.5 | 0.08 | 246.15 | 6 (2026-10-05) | 98.20% | 0.04% | 1.01x |
| AMZN | 232.5 | 0.06 | 246.15 | 3 (2026-09-30) | 97.89% | 0.03% | 1.01x |
| AMZN | 225.0 | 0.05 | 246.15 | 5 (2026-10-02) | 98.64% | 0.02% | 1.01x |
| AMZN | 230.0 | 0.05 | 246.15 | 3 (2026-09-30) | 98.17% | 0.02% | 1.01x |
| AMZN | 200.0 | 0.16 | 246.15 | 20 (2026-10-23) | 98.30% | 0.08% | 1.01x |
| AMZN | 222.5 | 0.04 | 246.15 | 5 (2026-10-02) | 98.90% | 0.02% | 1.01x |
| AMZN | 222.5 | 0.03 | 246.15 | 3 (2026-09-30) | 99.18% | 0.01% | 1.01x |
| AMZN | 225.0 | 0.03 | 246.15 | 3 (2026-09-30) | 99.00% | 0.01% | 1.01x |
| AMZN | 227.5 | 0.03 | 246.15 | 3 (2026-09-30) | 99.09% | 0.01% | 1.01x |