Recommendation: NO
Current Price: $111.51
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 | 111.0 | 2.3 | 111.51 | 5 (2026-10-02) | 54.43% | 2.07% | 1.76x |
| UAL | 110.0 | 2.01 | 111.51 | 5 (2026-10-02) | 60.09% | 1.83% | 1.73x |
| UAL | 110.0 | 3.82 | 111.51 | 10 (2026-10-09) | 57.40% | 3.47% | 1.64x |
| UAL | 109.0 | 3.31 | 111.51 | 10 (2026-10-09) | 60.93% | 3.04% | 1.59x |
| UAL | 109.0 | 6.75 | 111.51 | 20 (2026-10-23) | 58.68% | 6.19% | 1.57x |
| UAL | 108.0 | 2.86 | 111.51 | 10 (2026-10-09) | 64.46% | 2.65% | 1.53x |
| UAL | 110.0 | 4.95 | 111.51 | 15 (2026-10-16) | 56.88% | 4.50% | 1.53x |
| UAL | 107.0 | 2.57 | 111.51 | 10 (2026-10-09) | 67.56% | 2.40% | 1.50x |
| UAL | 109.0 | 1.21 | 111.51 | 5 (2026-10-02) | 68.20% | 1.11% | 1.46x |
| UAL | 108.0 | 1.1 | 111.51 | 5 (2026-10-02) | 72.26% | 1.02% | 1.45x |
| UAL | 106.0 | 2.04 | 111.51 | 10 (2026-10-09) | 71.53% | 1.92% | 1.41x |
| UAL | 110.0 | 5.13 | 111.51 | 20 (2026-10-23) | 56.87% | 4.66% | 1.39x |
| UAL | 105.0 | 1.86 | 111.51 | 10 (2026-10-09) | 74.10% | 1.77% | 1.39x |
| UAL | 104.0 | 1.75 | 111.51 | 10 (2026-10-09) | 76.17% | 1.68% | 1.38x |
| UAL | 109.0 | 3.35 | 111.51 | 15 (2026-10-16) | 60.91% | 3.07% | 1.37x |
| UAL | 110.0 | 6.05 | 111.51 | 25 (2026-10-30) | 56.75% | 5.50% | 1.36x |
| UAL | 107.0 | 4.95 | 111.51 | 25 (2026-10-30) | 63.35% | 4.63% | 1.34x |
| UAL | 110.0 | 6.62 | 111.51 | 30 (2026-11-06) | 56.75% | 6.02% | 1.33x |
| UAL | 107.0 | 0.73 | 111.51 | 5 (2026-10-02) | 78.87% | 0.68% | 1.31x |
| UAL | 105.0 | 4.13 | 111.51 | 25 (2026-10-30) | 67.69% | 3.93% | 1.30x |
| UAL | 110.0 | 8.04 | 111.51 | 40 (2026-11-20) | 56.89% | 7.31% | 1.29x |
| UAL | 103.0 | 1.28 | 111.51 | 10 (2026-10-09) | 80.26% | 1.24% | 1.28x |
| UAL | 102.0 | 1.2 | 111.51 | 10 (2026-10-09) | 82.02% | 1.18% | 1.27x |
| UAL | 105.0 | 5.75 | 111.51 | 40 (2026-11-20) | 65.73% | 5.48% | 1.25x |
| UAL | 106.0 | 0.55 | 111.51 | 5 (2026-10-02) | 83.22% | 0.52% | 1.24x |
| UAL | 110.0 | 8.7 | 111.51 | 60 (2026-12-18) | 57.09% | 7.91% | 1.20x |
| UAL | 102.0 | 1.88 | 111.51 | 20 (2026-10-23) | 78.08% | 1.84% | 1.20x |
| UAL | 102.0 | 2.28 | 111.51 | 25 (2026-10-30) | 76.42% | 2.24% | 1.19x |
| UAL | 100.0 | 3.42 | 111.51 | 40 (2026-11-20) | 75.16% | 3.42% | 1.17x |
| UAL | 110.0 | 9.93 | 111.51 | 80 (2027-01-15) | 57.42% | 9.03% | 1.17x |
| UAL | 105.0 | 0.36 | 111.51 | 5 (2026-10-02) | 87.96% | 0.34% | 1.16x |
| UAL | 104.0 | 0.33 | 111.51 | 5 (2026-10-02) | 89.45% | 0.32% | 1.15x |
| UAL | 105.0 | 7.4 | 111.51 | 80 (2027-01-15) | 64.75% | 7.05% | 1.15x |
| UAL | 100.0 | 5.56 | 111.51 | 80 (2027-01-15) | 71.66% | 5.56% | 1.13x |
| UAL | 95.0 | 2.21 | 111.51 | 40 (2026-11-20) | 82.51% | 2.33% | 1.13x |
| UAL | 92.5 | 4.5 | 111.51 | 80 (2027-01-15) | 78.83% | 4.86% | 1.13x |
| UAL | 110.0 | 10.95 | 111.51 | 125 (2027-03-19) | 57.85% | 9.95% | 1.12x |
| UAL | 100.0 | 7.8 | 111.51 | 125 (2027-03-19) | 69.86% | 7.80% | 1.11x |
| UAL | 97.5 | 6.4 | 111.51 | 125 (2027-03-19) | 72.97% | 6.56% | 1.10x |
| UAL | 92.5 | 1.56 | 111.51 | 40 (2026-11-20) | 86.40% | 1.69% | 1.10x |
| UAL | 102.0 | 0.19 | 111.51 | 5 (2026-10-02) | 93.55% | 0.19% | 1.09x |
| UAL | 90.0 | 1.3 | 111.51 | 40 (2026-11-20) | 88.64% | 1.44% | 1.08x |
| UAL | 82.5 | 3.7 | 111.51 | 125 (2027-03-19) | 84.89% | 4.48% | 1.08x |
| UAL | 103.0 | 0.16 | 111.51 | 5 (2026-10-02) | 93.81% | 0.16% | 1.08x |
| UAL | 85.0 | 0.87 | 111.51 | 40 (2026-11-20) | 92.30% | 1.02% | 1.06x |