Recommendation: NO
Current Price: $76.97
Total Wheels: 1
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 |
---|---|---|---|---|---|---|---|
UAL | 73.0 | 3.8 | 76.97 | 14 (2025-07-11) | 64.74% | 5.21% | 1.82x |
UAL | 76.0 | 1.35 | 76.97 | 4 (2025-06-27) | 59.75% | 1.78% | 1.70x |
UAL | 71.0 | 1.6 | 76.97 | 8 (2025-07-03) | 75.02% | 2.25% | 1.70x |
UAL | 76.0 | 2.23 | 76.97 | 8 (2025-07-03) | 57.55% | 2.93% | 1.69x |
UAL | 75.0 | 1.75 | 76.97 | 8 (2025-07-03) | 63.49% | 2.33% | 1.59x |
UAL | 75.0 | 1.02 | 76.97 | 4 (2025-06-27) | 67.67% | 1.36% | 1.59x |
UAL | 71.0 | 4.4 | 76.97 | 24 (2025-07-25) E | 67.76% | 6.20% | 1.54x |
UAL | 75.0 | 4.1 | 76.97 | 19 (2025-07-18) E | 59.59% | 5.47% | 1.53x |
UAL | 74.0 | 1.38 | 76.97 | 8 (2025-07-03) | 69.13% | 1.86% | 1.50x |
UAL | 75.0 | 4.9 | 76.97 | 24 (2025-07-25) E | 59.26% | 6.53% | 1.49x |
UAL | 75.0 | 5.8 | 76.97 | 29 (2025-08-01) E | 59.15% | 7.73% | 1.47x |
UAL | 74.0 | 4.45 | 76.97 | 24 (2025-07-25) E | 61.91% | 6.01% | 1.47x |
UAL | 76.0 | 4.9 | 76.97 | 24 (2025-07-25) E | 56.51% | 6.45% | 1.46x |
UAL | 73.0 | 1.15 | 76.97 | 8 (2025-07-03) | 73.83% | 1.58% | 1.44x |
UAL | 74.0 | 0.71 | 76.97 | 4 (2025-06-27) | 75.15% | 0.96% | 1.44x |
UAL | 72.5 | 2.96 | 76.97 | 19 (2025-07-18) E | 67.34% | 4.08% | 1.43x |
UAL | 73.0 | 3.9 | 76.97 | 24 (2025-07-25) E | 64.69% | 5.34% | 1.43x |
UAL | 71.0 | 1.78 | 76.97 | 14 (2025-07-11) | 74.30% | 2.51% | 1.39x |
UAL | 70.0 | 2.41 | 76.97 | 19 (2025-07-18) E | 73.48% | 3.44% | 1.39x |
UAL | 69.0 | 3.01 | 76.97 | 24 (2025-07-25) E | 73.26% | 4.36% | 1.39x |
UAL | 72.0 | 1.85 | 76.97 | 14 (2025-07-11) | 72.00% | 2.57% | 1.39x |
UAL | 72.0 | 3.3 | 76.97 | 24 (2025-07-25) E | 67.60% | 4.58% | 1.38x |
UAL | 73.0 | 0.56 | 76.97 | 4 (2025-06-27) | 80.40% | 0.77% | 1.36x |
UAL | 72.0 | 0.89 | 76.97 | 8 (2025-07-03) | 78.50% | 1.24% | 1.36x |
UAL | 70.0 | 2.67 | 76.97 | 24 (2025-07-25) E | 72.71% | 3.81% | 1.33x |
UAL | 75.0 | 5.5 | 76.97 | 39 (2025-08-15) E | 59.22% | 7.33% | 1.32x |
UAL | 70.0 | 1.33 | 76.97 | 14 (2025-07-11) | 78.47% | 1.90% | 1.31x |
UAL | 67.5 | 1.66 | 76.97 | 19 (2025-07-18) E | 79.87% | 2.46% | 1.29x |
UAL | 72.5 | 4.35 | 76.97 | 39 (2025-08-15) E | 65.22% | 6.00% | 1.28x |
UAL | 69.0 | 1.09 | 76.97 | 14 (2025-07-11) | 81.52% | 1.58% | 1.26x |
UAL | 72.0 | 0.38 | 76.97 | 4 (2025-06-27) | 85.60% | 0.53% | 1.26x |
UAL | 70.0 | 3.54 | 76.97 | 39 (2025-08-15) E | 70.70% | 5.06% | 1.25x |
UAL | 65.0 | 1.28 | 76.97 | 19 (2025-07-18) E | 84.30% | 1.97% | 1.24x |
UAL | 70.0 | 0.56 | 76.97 | 8 (2025-07-03) | 85.53% | 0.80% | 1.24x |
UAL | 72.5 | 6.15 | 76.97 | 64 (2025-09-19) E | 64.08% | 8.48% | 1.23x |
UAL | 75.0 | 6.85 | 76.97 | 64 (2025-09-19) E | 59.35% | 9.13% | 1.23x |
UAL | 68.0 | 0.94 | 76.97 | 14 (2025-07-11) | 83.87% | 1.38% | 1.23x |
UAL | 67.5 | 2.82 | 76.97 | 39 (2025-08-15) E | 75.72% | 4.18% | 1.22x |
UAL | 70.0 | 4.75 | 76.97 | 64 (2025-09-19) E | 69.00% | 6.79% | 1.20x |
UAL | 67.0 | 0.76 | 76.97 | 14 (2025-07-11) | 86.41% | 1.13% | 1.19x |
UAL | 69.0 | 0.43 | 76.97 | 8 (2025-07-03) | 88.41% | 0.62% | 1.19x |
UAL | 67.5 | 4.05 | 76.97 | 64 (2025-09-19) E | 73.20% | 6.00% | 1.18x |
UAL | 65.0 | 2.13 | 76.97 | 39 (2025-08-15) E | 80.49% | 3.28% | 1.18x |
UAL | 71.0 | 0.26 | 76.97 | 4 (2025-06-27) | 89.60% | 0.37% | 1.18x |
UAL | 62.5 | 0.86 | 76.97 | 19 (2025-07-18) E | 88.67% | 1.38% | 1.17x |
UAL | 70.0 | 8.6 | 76.97 | 129 (2025-12-19) E | 67.19% | 12.29% | 1.17x |
UAL | 65.0 | 3.28 | 76.97 | 64 (2025-09-19) E | 77.30% | 5.05% | 1.16x |
UAL | 68.0 | 0.35 | 76.97 | 8 (2025-07-03) | 90.52% | 0.51% | 1.16x |
UAL | 60.0 | 0.73 | 76.97 | 19 (2025-07-18) E | 90.81% | 1.22% | 1.16x |
UAL | 67.5 | 7.25 | 76.97 | 129 (2025-12-19) E | 70.42% | 10.74% | 1.15x |
UAL | 57.5 | 2.44 | 76.97 | 64 (2025-09-19) E | 84.82% | 4.24% | 1.15x |
UAL | 62.5 | 5.7 | 76.97 | 129 (2025-12-19) E | 76.16% | 9.12% | 1.14x |
UAL | 75.0 | 9.95 | 76.97 | 149 (2026-01-16) E | 60.46% | 13.27% | 1.14x |
UAL | 67.5 | 7.6 | 76.97 | 149 (2026-01-16) E | 70.32% | 11.26% | 1.14x |
UAL | 60.0 | 2.3 | 76.97 | 64 (2025-09-19) E | 83.65% | 3.83% | 1.13x |
UAL | 65.0 | 5.5 | 76.97 | 129 (2025-12-19) E | 74.15% | 8.46% | 1.13x |
UAL | 67.0 | 0.27 | 76.97 | 8 (2025-07-03) | 92.54% | 0.40% | 1.12x |
UAL | 70.0 | 0.17 | 76.97 | 4 (2025-06-27) | 92.83% | 0.24% | 1.12x |
UAL | 65.0 | 6.05 | 76.97 | 149 (2026-01-16) E | 73.72% | 9.31% | 1.12x |
UAL | 60.0 | 1.19 | 76.97 | 39 (2025-08-15) E | 88.04% | 1.98% | 1.12x |
UAL | 57.5 | 4.1 | 76.97 | 129 (2025-12-19) E | 81.64% | 7.13% | 1.12x |
UAL | 55.0 | 3.5 | 76.97 | 129 (2025-12-19) E | 84.08% | 6.36% | 1.11x |
UAL | 57.5 | 4.35 | 76.97 | 149 (2026-01-16) E | 81.34% | 7.57% | 1.11x |
UAL | 60.0 | 3.95 | 76.97 | 129 (2025-12-19) E | 80.23% | 6.58% | 1.11x |
UAL | 68.0 | 0.14 | 76.97 | 4 (2025-06-27) | 94.68% | 0.21% | 1.10x |
UAL | 57.5 | 0.42 | 76.97 | 19 (2025-07-18) E | 94.12% | 0.73% | 1.10x |
UAL | 55.0 | 0.37 | 76.97 | 19 (2025-07-18) E | 95.14% | 0.67% | 1.09x |
UAL | 52.5 | 1.23 | 76.97 | 64 (2025-09-19) E | 90.91% | 2.34% | 1.09x |
UAL | 52.5 | 2.91 | 76.97 | 149 (2026-01-16) E | 86.34% | 5.54% | 1.08x |
UAL | 55.0 | 1.21 | 76.97 | 64 (2025-09-19) E | 90.11% | 2.20% | 1.08x |
UAL | 69.0 | 0.11 | 76.97 | 4 (2025-06-27) | 95.11% | 0.16% | 1.08x |
UAL | 55.0 | 0.66 | 76.97 | 39 (2025-08-15) E | 92.98% | 1.20% | 1.07x |
UAL | 67.0 | 0.09 | 76.97 | 4 (2025-06-27) | 96.25% | 0.13% | 1.07x |
UAL | 50.0 | 0.34 | 76.97 | 39 (2025-08-15) E | 96.20% | 0.68% | 1.04x |