Recommendation: NO
Current Price: $186.35
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 | 185.0 | 2.29 | 186.35 | 4 (2025-05-09) | 58.19% | 1.24% | 1.44x |
AMZN | 185.0 | 3.75 | 186.35 | 9 (2025-05-16) | 56.19% | 2.03% | 1.37x |
AMZN | 182.5 | 1.48 | 186.35 | 4 (2025-05-09) | 70.21% | 0.81% | 1.33x |
AMZN | 182.5 | 2.86 | 186.35 | 9 (2025-05-16) | 64.55% | 1.57% | 1.33x |
AMZN | 185.0 | 4.79 | 186.35 | 14 (2025-05-23) | 55.59% | 2.59% | 1.29x |
AMZN | 180.0 | 2.1 | 186.35 | 9 (2025-05-16) | 72.13% | 1.17% | 1.26x |
AMZN | 185.0 | 5.49 | 186.35 | 19 (2025-05-30) | 55.37% | 2.97% | 1.24x |
AMZN | 180.0 | 2.97 | 186.35 | 14 (2025-05-23) | 68.97% | 1.65% | 1.23x |
AMZN | 180.0 | 0.88 | 186.35 | 4 (2025-05-09) | 80.25% | 0.49% | 1.22x |
AMZN | 185.0 | 6.25 | 186.35 | 24 (2025-06-06) | 55.22% | 3.38% | 1.21x |
AMZN | 177.5 | 1.55 | 186.35 | 9 (2025-05-16) | 78.32% | 0.87% | 1.21x |
AMZN | 180.0 | 3.68 | 186.35 | 19 (2025-05-30) | 67.22% | 2.04% | 1.20x |
AMZN | 185.0 | 6.8 | 186.35 | 29 (2025-06-13) | 55.18% | 3.68% | 1.19x |
AMZN | 180.0 | 4.41 | 186.35 | 24 (2025-06-06) | 65.84% | 2.45% | 1.18x |
AMZN | 185.0 | 7.5 | 186.35 | 34 (2025-06-20) | 55.14% | 4.05% | 1.18x |
AMZN | 180.0 | 5.1 | 186.35 | 29 (2025-06-13) | 64.82% | 2.83% | 1.17x |
AMZN | 175.0 | 1.88 | 186.35 | 14 (2025-05-23) | 79.10% | 1.07% | 1.16x |
AMZN | 175.0 | 1.11 | 186.35 | 9 (2025-05-16) | 83.62% | 0.63% | 1.16x |
AMZN | 180.0 | 5.55 | 186.35 | 34 (2025-06-20) | 64.30% | 3.08% | 1.16x |
AMZN | 175.0 | 2.42 | 186.35 | 19 (2025-05-30) | 76.86% | 1.38% | 1.15x |
AMZN | 175.0 | 3.05 | 186.35 | 24 (2025-06-06) | 74.80% | 1.74% | 1.15x |
AMZN | 177.5 | 0.54 | 186.35 | 4 (2025-05-09) | 87.10% | 0.30% | 1.14x |
AMZN | 175.0 | 3.6 | 186.35 | 29 (2025-06-13) | 73.25% | 2.06% | 1.14x |
AMZN | 185.0 | 9.25 | 186.35 | 54 (2025-07-18) | 55.26% | 5.00% | 1.14x |
AMZN | 175.0 | 4.1 | 186.35 | 34 (2025-06-20) | 72.20% | 2.34% | 1.13x |
AMZN | 185.0 | 12.05 | 186.35 | 74 (2025-08-15) E | 55.59% | 6.51% | 1.13x |
AMZN | 180.0 | 7.51 | 186.35 | 54 (2025-07-18) | 62.68% | 4.17% | 1.13x |
AMZN | 180.0 | 9.9 | 186.35 | 74 (2025-08-15) E | 61.60% | 5.50% | 1.12x |
AMZN | 172.5 | 0.79 | 186.35 | 9 (2025-05-16) | 87.83% | 0.46% | 1.12x |
AMZN | 175.0 | 5.88 | 186.35 | 54 (2025-07-18) | 69.39% | 3.36% | 1.11x |
AMZN | 170.0 | 2.56 | 186.35 | 29 (2025-06-13) | 80.15% | 1.51% | 1.11x |
AMZN | 175.0 | 8.05 | 186.35 | 74 (2025-08-15) E | 67.27% | 4.60% | 1.11x |
AMZN | 170.0 | 2.05 | 186.35 | 24 (2025-06-06) | 82.02% | 1.21% | 1.11x |
AMZN | 170.0 | 1.58 | 186.35 | 19 (2025-05-30) | 84.10% | 0.93% | 1.11x |
AMZN | 170.0 | 3.0 | 186.35 | 34 (2025-06-20) | 78.92% | 1.76% | 1.11x |
AMZN | 185.0 | 13.55 | 186.35 | 99 (2025-09-19) E | 55.92% | 7.32% | 1.11x |
AMZN | 170.0 | 1.11 | 186.35 | 14 (2025-05-23) | 86.75% | 0.65% | 1.11x |
AMZN | 180.0 | 11.45 | 186.35 | 99 (2025-09-19) E | 61.28% | 6.36% | 1.10x |
AMZN | 170.0 | 4.6 | 186.35 | 54 (2025-07-18) | 75.27% | 2.71% | 1.10x |
AMZN | 170.0 | 6.45 | 186.35 | 74 (2025-08-15) E | 72.53% | 3.79% | 1.10x |
AMZN | 175.0 | 9.6 | 186.35 | 99 (2025-09-19) E | 66.32% | 5.49% | 1.10x |
AMZN | 170.0 | 0.61 | 186.35 | 9 (2025-05-16) | 90.55% | 0.36% | 1.10x |
AMZN | 175.0 | 0.33 | 186.35 | 4 (2025-05-09) | 91.79% | 0.19% | 1.09x |
AMZN | 165.0 | 5.35 | 186.35 | 74 (2025-08-15) E | 76.92% | 3.24% | 1.09x |
AMZN | 170.0 | 8.0 | 186.35 | 99 (2025-09-19) E | 71.00% | 4.71% | 1.09x |
AMZN | 165.0 | 2.17 | 186.35 | 34 (2025-06-20) | 84.12% | 1.32% | 1.08x |
AMZN | 165.0 | 3.55 | 186.35 | 54 (2025-07-18) | 80.21% | 2.15% | 1.08x |
AMZN | 165.0 | 1.77 | 186.35 | 29 (2025-06-13) | 85.63% | 1.07% | 1.08x |
AMZN | 165.0 | 1.41 | 186.35 | 24 (2025-06-06) | 87.27% | 0.85% | 1.08x |
AMZN | 165.0 | 6.46 | 186.35 | 99 (2025-09-19) E | 75.47% | 3.92% | 1.08x |
AMZN | 165.0 | 1.03 | 186.35 | 19 (2025-05-30) | 89.26% | 0.62% | 1.08x |
AMZN | 160.0 | 4.32 | 186.35 | 74 (2025-08-15) E | 80.89% | 2.70% | 1.08x |
AMZN | 167.5 | 0.47 | 186.35 | 9 (2025-05-16) | 92.69% | 0.28% | 1.08x |
AMZN | 165.0 | 0.68 | 186.35 | 14 (2025-05-23) | 91.60% | 0.41% | 1.07x |
AMZN | 160.0 | 5.35 | 186.35 | 99 (2025-09-19) E | 79.26% | 3.34% | 1.07x |
AMZN | 160.0 | 2.72 | 186.35 | 54 (2025-07-18) | 84.41% | 1.70% | 1.07x |
AMZN | 160.0 | 1.59 | 186.35 | 34 (2025-06-20) | 88.13% | 0.99% | 1.07x |
AMZN | 160.0 | 1.3 | 186.35 | 29 (2025-06-13) | 89.42% | 0.81% | 1.06x |
AMZN | 155.0 | 3.25 | 186.35 | 74 (2025-08-15) E | 84.79% | 2.10% | 1.06x |
AMZN | 165.0 | 0.37 | 186.35 | 9 (2025-05-16) | 94.33% | 0.22% | 1.06x |
AMZN | 160.0 | 0.99 | 186.35 | 24 (2025-06-06) | 90.94% | 0.62% | 1.06x |
AMZN | 155.0 | 4.38 | 186.35 | 99 (2025-09-19) E | 82.64% | 2.83% | 1.06x |
AMZN | 172.5 | 0.21 | 186.35 | 4 (2025-05-09) | 94.71% | 0.12% | 1.06x |
AMZN | 155.0 | 2.11 | 186.35 | 54 (2025-07-18) | 87.72% | 1.36% | 1.06x |
AMZN | 160.0 | 0.68 | 186.35 | 19 (2025-05-30) | 92.77% | 0.43% | 1.05x |
AMZN | 150.0 | 3.6 | 186.35 | 99 (2025-09-19) E | 85.45% | 2.40% | 1.05x |
AMZN | 155.0 | 1.19 | 186.35 | 34 (2025-06-20) | 91.07% | 0.77% | 1.05x |
AMZN | 150.0 | 2.61 | 186.35 | 74 (2025-08-15) E | 87.63% | 1.74% | 1.05x |
AMZN | 160.0 | 0.45 | 186.35 | 14 (2025-05-23) | 94.45% | 0.28% | 1.05x |
AMZN | 162.5 | 0.29 | 186.35 | 9 (2025-05-16) | 95.53% | 0.18% | 1.05x |
AMZN | 145.0 | 2.2 | 186.35 | 74 (2025-08-15) E | 89.62% | 1.52% | 1.05x |
AMZN | 150.0 | 1.59 | 186.35 | 54 (2025-07-18) | 90.55% | 1.06% | 1.05x |
AMZN | 155.0 | 0.86 | 186.35 | 29 (2025-06-13) | 92.68% | 0.55% | 1.05x |
AMZN | 155.0 | 0.67 | 186.35 | 24 (2025-06-06) | 93.72% | 0.43% | 1.04x |
AMZN | 150.0 | 0.91 | 186.35 | 34 (2025-06-20) | 93.23% | 0.61% | 1.04x |
AMZN | 155.0 | 0.5 | 186.35 | 19 (2025-05-30) | 95.08% | 0.32% | 1.04x |
AMZN | 140.0 | 2.37 | 186.35 | 99 (2025-09-19) E | 90.19% | 1.69% | 1.04x |
AMZN | 145.0 | 1.3 | 186.35 | 54 (2025-07-18) | 92.47% | 0.90% | 1.04x |
AMZN | 150.0 | 0.7 | 186.35 | 29 (2025-06-13) | 94.44% | 0.47% | 1.04x |
AMZN | 140.0 | 1.71 | 186.35 | 74 (2025-08-15) E | 91.83% | 1.22% | 1.04x |
AMZN | 155.0 | 0.34 | 186.35 | 14 (2025-05-23) | 95.97% | 0.22% | 1.04x |
AMZN | 170.0 | 0.13 | 186.35 | 4 (2025-05-09) | 96.59% | 0.08% | 1.04x |
AMZN | 150.0 | 0.51 | 186.35 | 24 (2025-06-06) | 95.32% | 0.34% | 1.03x |
AMZN | 145.0 | 0.7 | 186.35 | 34 (2025-06-20) | 95.00% | 0.48% | 1.03x |
AMZN | 140.0 | 1.03 | 186.35 | 54 (2025-07-18) | 93.98% | 0.74% | 1.03x |
AMZN | 150.0 | 0.36 | 186.35 | 19 (2025-05-30) | 96.33% | 0.24% | 1.03x |
AMZN | 167.5 | 0.1 | 186.35 | 4 (2025-05-09) | 97.08% | 0.06% | 1.03x |
AMZN | 140.0 | 0.55 | 186.35 | 34 (2025-06-20) | 96.02% | 0.39% | 1.03x |
AMZN | 150.0 | 0.22 | 186.35 | 14 (2025-05-23) | 97.41% | 0.15% | 1.03x |
AMZN | 145.0 | 0.28 | 186.35 | 19 (2025-05-30) | 97.24% | 0.19% | 1.03x |
AMZN | 145.0 | 0.19 | 186.35 | 14 (2025-05-23) | 97.93% | 0.13% | 1.02x |
AMZN | 140.0 | 0.29 | 186.35 | 24 (2025-06-06) | 97.46% | 0.21% | 1.02x |
AMZN | 165.0 | 0.07 | 186.35 | 4 (2025-05-09) | 98.30% | 0.04% | 1.02x |
AMZN | 140.0 | 0.21 | 186.35 | 19 (2025-05-30) | 97.99% | 0.15% | 1.02x |
AMZN | 140.0 | 0.14 | 186.35 | 14 (2025-05-23) | 98.53% | 0.10% | 1.02x |
AMZN | 162.5 | 0.05 | 186.35 | 4 (2025-05-09) | 98.82% | 0.03% | 1.02x |