Recommendation: NO
Current Price: $208.47
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 | 207.5 | 1.99 | 208.47 | 4 (2025-06-27) | 56.99% | 0.96% | 1.32x |
AMZN | 207.5 | 3.11 | 208.47 | 8 (2025-07-03) | 55.34% | 1.50% | 1.30x |
AMZN | 205.0 | 2.2 | 208.47 | 8 (2025-07-03) | 65.61% | 1.07% | 1.25x |
AMZN | 205.0 | 1.17 | 208.47 | 4 (2025-06-27) | 71.36% | 0.57% | 1.23x |
AMZN | 205.0 | 7.39 | 208.47 | 29 (2025-08-01) E | 58.49% | 3.60% | 1.20x |
AMZN | 205.0 | 3.3 | 208.47 | 14 (2025-07-11) | 62.52% | 1.61% | 1.20x |
AMZN | 202.5 | 1.51 | 208.47 | 8 (2025-07-03) | 74.48% | 0.75% | 1.19x |
AMZN | 205.0 | 4.2 | 208.47 | 19 (2025-07-18) | 61.09% | 2.05% | 1.18x |
AMZN | 200.0 | 5.5 | 208.47 | 29 (2025-08-01) E | 66.68% | 2.75% | 1.17x |
AMZN | 205.0 | 8.33 | 208.47 | 39 (2025-08-15) E | 58.21% | 4.06% | 1.16x |
AMZN | 205.0 | 4.9 | 208.47 | 24 (2025-07-25) | 60.28% | 2.39% | 1.16x |
AMZN | 200.0 | 6.53 | 208.47 | 39 (2025-08-15) E | 65.53% | 3.26% | 1.15x |
AMZN | 195.0 | 4.15 | 208.47 | 29 (2025-08-01) E | 73.69% | 2.13% | 1.14x |
AMZN | 202.5 | 0.66 | 208.47 | 4 (2025-06-27) | 82.17% | 0.33% | 1.14x |
AMZN | 200.0 | 1.04 | 208.47 | 8 (2025-07-03) | 81.45% | 0.52% | 1.14x |
AMZN | 200.0 | 1.93 | 208.47 | 14 (2025-07-11) | 75.79% | 0.96% | 1.14x |
AMZN | 200.0 | 2.71 | 208.47 | 19 (2025-07-18) | 72.64% | 1.35% | 1.14x |
AMZN | 200.0 | 3.42 | 208.47 | 24 (2025-07-25) | 70.57% | 1.71% | 1.13x |
AMZN | 195.0 | 5.05 | 208.47 | 39 (2025-08-15) E | 72.06% | 2.59% | 1.13x |
AMZN | 205.0 | 10.4 | 208.47 | 64 (2025-09-19) E | 57.89% | 5.07% | 1.12x |
AMZN | 190.0 | 3.05 | 208.47 | 29 (2025-08-01) E | 79.73% | 1.61% | 1.12x |
AMZN | 200.0 | 8.45 | 208.47 | 64 (2025-09-19) E | 64.07% | 4.22% | 1.11x |
AMZN | 190.0 | 3.88 | 208.47 | 39 (2025-08-15) E | 77.68% | 2.04% | 1.11x |
AMZN | 195.0 | 2.33 | 208.47 | 24 (2025-07-25) | 78.84% | 1.19% | 1.10x |
AMZN | 197.5 | 0.71 | 208.47 | 8 (2025-07-03) | 86.72% | 0.36% | 1.10x |
AMZN | 205.0 | 11.75 | 208.47 | 84 (2025-10-17) E | 57.85% | 5.73% | 1.10x |
AMZN | 195.0 | 6.95 | 208.47 | 64 (2025-09-19) E | 69.61% | 3.56% | 1.10x |
AMZN | 195.0 | 1.73 | 208.47 | 19 (2025-07-18) | 81.42% | 0.89% | 1.10x |
AMZN | 185.0 | 2.3 | 208.47 | 29 (2025-08-01) E | 84.44% | 1.24% | 1.09x |
AMZN | 195.0 | 1.16 | 208.47 | 14 (2025-07-11) | 84.69% | 0.59% | 1.09x |
AMZN | 200.0 | 9.5 | 208.47 | 84 (2025-10-17) E | 63.55% | 4.75% | 1.09x |
AMZN | 205.0 | 13.75 | 208.47 | 109 (2025-11-21) E | 57.89% | 6.71% | 1.09x |
AMZN | 200.0 | 12.05 | 208.47 | 109 (2025-11-21) E | 62.66% | 6.03% | 1.09x |
AMZN | 190.0 | 5.55 | 208.47 | 64 (2025-09-19) E | 74.72% | 2.92% | 1.09x |
AMZN | 185.0 | 2.93 | 208.47 | 39 (2025-08-15) E | 82.48% | 1.58% | 1.09x |
AMZN | 200.0 | 0.36 | 208.47 | 4 (2025-06-27) | 89.43% | 0.18% | 1.08x |
AMZN | 195.0 | 7.75 | 208.47 | 84 (2025-10-17) E | 68.89% | 3.97% | 1.08x |
AMZN | 195.0 | 10.35 | 208.47 | 109 (2025-11-21) E | 67.11% | 5.31% | 1.08x |
AMZN | 190.0 | 6.6 | 208.47 | 84 (2025-10-17) E | 73.34% | 3.47% | 1.08x |
AMZN | 185.0 | 4.5 | 208.47 | 64 (2025-09-19) E | 79.01% | 2.43% | 1.08x |
AMZN | 190.0 | 8.75 | 208.47 | 109 (2025-11-21) E | 71.31% | 4.61% | 1.08x |
AMZN | 180.0 | 1.73 | 208.47 | 29 (2025-08-01) E | 88.03% | 0.96% | 1.08x |
AMZN | 190.0 | 1.55 | 208.47 | 24 (2025-07-25) | 85.24% | 0.82% | 1.08x |
AMZN | 195.0 | 0.49 | 208.47 | 8 (2025-07-03) | 90.55% | 0.25% | 1.07x |
AMZN | 180.0 | 2.22 | 208.47 | 39 (2025-08-15) E | 86.35% | 1.23% | 1.07x |
AMZN | 185.0 | 7.3 | 208.47 | 109 (2025-11-21) E | 75.18% | 3.95% | 1.07x |
AMZN | 190.0 | 1.1 | 208.47 | 19 (2025-07-18) | 87.96% | 0.58% | 1.07x |
AMZN | 185.0 | 5.3 | 208.47 | 84 (2025-10-17) E | 77.79% | 2.86% | 1.07x |
AMZN | 180.0 | 3.55 | 208.47 | 64 (2025-09-19) E | 82.92% | 1.97% | 1.07x |
AMZN | 180.0 | 6.15 | 208.47 | 109 (2025-11-21) E | 78.68% | 3.42% | 1.06x |
AMZN | 180.0 | 4.5 | 208.47 | 84 (2025-10-17) E | 81.08% | 2.50% | 1.06x |
AMZN | 175.0 | 1.26 | 208.47 | 29 (2025-08-01) E | 91.04% | 0.72% | 1.06x |
AMZN | 175.0 | 5.18 | 208.47 | 109 (2025-11-21) E | 81.75% | 2.96% | 1.06x |
AMZN | 175.0 | 1.68 | 208.47 | 39 (2025-08-15) E | 89.46% | 0.96% | 1.06x |
AMZN | 185.0 | 1.09 | 208.47 | 24 (2025-07-25) | 89.48% | 0.59% | 1.06x |
AMZN | 175.0 | 3.8 | 208.47 | 84 (2025-10-17) E | 84.12% | 2.17% | 1.06x |
AMZN | 192.5 | 0.35 | 208.47 | 8 (2025-07-03) | 93.21% | 0.18% | 1.05x |
AMZN | 175.0 | 2.76 | 208.47 | 64 (2025-09-19) E | 86.28% | 1.58% | 1.05x |
AMZN | 190.0 | 0.61 | 208.47 | 14 (2025-07-11) | 91.25% | 0.32% | 1.05x |
AMZN | 197.5 | 0.21 | 208.47 | 4 (2025-06-27) | 93.72% | 0.11% | 1.05x |
AMZN | 185.0 | 0.74 | 208.47 | 19 (2025-07-18) | 91.66% | 0.40% | 1.05x |
AMZN | 170.0 | 2.97 | 208.47 | 84 (2025-10-17) E | 87.05% | 1.75% | 1.05x |
AMZN | 170.0 | 2.2 | 208.47 | 64 (2025-09-19) E | 88.91% | 1.29% | 1.05x |
AMZN | 170.0 | 1.29 | 208.47 | 39 (2025-08-15) E | 91.81% | 0.76% | 1.05x |
AMZN | 170.0 | 0.93 | 208.47 | 29 (2025-08-01) E | 93.31% | 0.55% | 1.05x |
AMZN | 190.0 | 0.27 | 208.47 | 8 (2025-07-03) | 94.81% | 0.14% | 1.04x |
AMZN | 180.0 | 0.76 | 208.47 | 24 (2025-07-25) | 92.61% | 0.42% | 1.04x |
AMZN | 165.0 | 1.79 | 208.47 | 64 (2025-09-19) E | 90.97% | 1.08% | 1.04x |
AMZN | 160.0 | 3.01 | 208.47 | 109 (2025-11-21) E | 88.94% | 1.88% | 1.04x |
AMZN | 185.0 | 0.4 | 208.47 | 14 (2025-07-11) | 94.57% | 0.22% | 1.04x |
AMZN | 165.0 | 0.73 | 208.47 | 29 (2025-08-01) E | 94.80% | 0.44% | 1.04x |
AMZN | 165.0 | 0.97 | 208.47 | 39 (2025-08-15) E | 93.75% | 0.59% | 1.04x |
AMZN | 180.0 | 0.51 | 208.47 | 19 (2025-07-18) | 94.26% | 0.28% | 1.04x |
AMZN | 195.0 | 0.14 | 208.47 | 4 (2025-06-27) | 95.92% | 0.07% | 1.04x |
AMZN | 187.5 | 0.21 | 208.47 | 8 (2025-07-03) | 96.08% | 0.11% | 1.03x |
AMZN | 160.0 | 1.95 | 208.47 | 84 (2025-10-17) E | 91.29% | 1.22% | 1.03x |
AMZN | 160.0 | 1.44 | 208.47 | 64 (2025-09-19) E | 92.72% | 0.90% | 1.03x |
AMZN | 175.0 | 0.56 | 208.47 | 24 (2025-07-25) | 94.60% | 0.32% | 1.03x |
AMZN | 160.0 | 0.77 | 208.47 | 39 (2025-08-15) E | 95.10% | 0.48% | 1.03x |
AMZN | 180.0 | 0.28 | 208.47 | 14 (2025-07-11) | 96.18% | 0.16% | 1.03x |
AMZN | 175.0 | 0.37 | 208.47 | 19 (2025-07-18) | 95.96% | 0.21% | 1.03x |
AMZN | 170.0 | 0.45 | 208.47 | 24 (2025-07-25) | 95.85% | 0.26% | 1.03x |
AMZN | 185.0 | 0.16 | 208.47 | 8 (2025-07-03) | 97.01% | 0.09% | 1.03x |
AMZN | 192.5 | 0.09 | 208.47 | 4 (2025-06-27) | 97.29% | 0.05% | 1.02x |
AMZN | 175.0 | 0.21 | 208.47 | 14 (2025-07-11) | 97.25% | 0.12% | 1.02x |
AMZN | 170.0 | 0.27 | 208.47 | 19 (2025-07-18) | 97.07% | 0.16% | 1.02x |
AMZN | 190.0 | 0.07 | 208.47 | 4 (2025-06-27) | 97.94% | 0.04% | 1.02x |
AMZN | 165.0 | 0.28 | 208.47 | 24 (2025-07-25) | 97.30% | 0.17% | 1.02x |
AMZN | 170.0 | 0.16 | 208.47 | 14 (2025-07-11) | 97.97% | 0.09% | 1.02x |
AMZN | 187.5 | 0.06 | 208.47 | 4 (2025-06-27) | 98.40% | 0.03% | 1.02x |
AMZN | 165.0 | 0.2 | 208.47 | 19 (2025-07-18) | 98.13% | 0.12% | 1.02x |
AMZN | 165.0 | 0.14 | 208.47 | 14 (2025-07-11) | 98.35% | 0.08% | 1.02x |
AMZN | 160.0 | 0.16 | 208.47 | 19 (2025-07-18) | 98.36% | 0.10% | 1.01x |
AMZN | 160.0 | 0.1 | 208.47 | 14 (2025-07-11) | 98.70% | 0.06% | 1.01x |
AMZN | 185.0 | 0.04 | 208.47 | 4 (2025-06-27) | 98.86% | 0.02% | 1.01x |