Recommendation: NO
Current Price: $96.02
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 | 96.0 | 3.01 | 96.02 | 6 (2026-05-22) | 51.77% | 3.14% | 1.97x |
| UAL | 95.0 | 2.65 | 96.02 | 6 (2026-05-22) | 56.86% | 2.79% | 1.94x |
| UAL | 94.0 | 2.21 | 96.02 | 6 (2026-05-22) | 61.85% | 2.35% | 1.83x |
| UAL | 93.0 | 1.92 | 96.02 | 6 (2026-05-22) | 66.27% | 2.06% | 1.77x |
| UAL | 95.0 | 4.2 | 96.02 | 11 (2026-05-29) | 55.99% | 4.42% | 1.75x |
| UAL | 94.0 | 3.53 | 96.02 | 11 (2026-05-29) | 59.54% | 3.76% | 1.66x |
| UAL | 92.0 | 1.53 | 96.02 | 6 (2026-05-22) | 71.01% | 1.66% | 1.64x |
| UAL | 93.0 | 3.06 | 96.02 | 11 (2026-05-29) | 63.06% | 3.29% | 1.60x |
| UAL | 91.0 | 1.19 | 96.02 | 6 (2026-05-22) | 75.66% | 1.31% | 1.51x |
| UAL | 96.0 | 1.44 | 96.02 | 1 (2026-05-15) | 51.00% | 1.50% | 1.47x |
| UAL | 95.0 | 5.34 | 96.02 | 21 (2026-06-12) | 55.97% | 5.62% | 1.45x |
| UAL | 90.0 | 2.02 | 96.02 | 11 (2026-05-29) | 72.82% | 2.24% | 1.45x |
| UAL | 94.0 | 4.85 | 96.02 | 21 (2026-06-12) | 58.66% | 5.16% | 1.43x |
| UAL | 90.0 | 0.97 | 96.02 | 6 (2026-05-22) | 79.35% | 1.08% | 1.43x |
| UAL | 91.0 | 3.06 | 96.02 | 16 (2026-06-05) | 67.64% | 3.36% | 1.43x |
| UAL | 95.0 | 5.68 | 96.02 | 25 (2026-06-18) | 56.01% | 5.98% | 1.39x |
| UAL | 90.0 | 2.66 | 96.02 | 16 (2026-06-05) | 70.53% | 2.96% | 1.38x |
| UAL | 91.0 | 3.77 | 96.02 | 21 (2026-06-12) | 66.24% | 4.14% | 1.38x |
| UAL | 92.5 | 4.85 | 96.02 | 25 (2026-06-18) | 62.04% | 5.24% | 1.38x |
| UAL | 89.0 | 0.75 | 96.02 | 6 (2026-05-22) | 83.03% | 0.84% | 1.34x |
| UAL | 88.0 | 1.41 | 96.02 | 11 (2026-05-29) | 79.01% | 1.60% | 1.33x |
| UAL | 95.0 | 0.83 | 96.02 | 1 (2026-05-15) | 63.18% | 0.87% | 1.32x |
| UAL | 90.0 | 3.65 | 96.02 | 25 (2026-06-18) | 68.20% | 4.06% | 1.32x |
| UAL | 88.0 | 1.98 | 96.02 | 16 (2026-06-05) | 76.10% | 2.25% | 1.31x |
| UAL | 87.0 | 1.8 | 96.02 | 16 (2026-06-05) | 78.29% | 2.07% | 1.29x |
| UAL | 88.0 | 0.6 | 96.02 | 6 (2026-05-22) | 85.74% | 0.68% | 1.28x |
| UAL | 87.5 | 2.84 | 96.02 | 25 (2026-06-18) | 73.75% | 3.25% | 1.27x |
| UAL | 90.0 | 5.7 | 96.02 | 46 (2026-07-17) | 65.65% | 6.33% | 1.25x |
| UAL | 95.0 | 10.15 | 96.02 | 71 (2026-08-21) | 57.38% | 10.68% | 1.24x |
| UAL | 94.0 | 0.5 | 96.02 | 1 (2026-05-15) | 74.77% | 0.53% | 1.22x |
| UAL | 85.0 | 2.1 | 96.02 | 25 (2026-06-18) | 79.13% | 2.47% | 1.22x |
| UAL | 92.5 | 8.2 | 96.02 | 71 (2026-08-21) | 61.06% | 8.86% | 1.21x |
| UAL | 95.0 | 10.89 | 96.02 | 91 (2026-09-18) | 57.74% | 11.46% | 1.19x |
| UAL | 82.5 | 1.69 | 96.02 | 25 (2026-06-18) | 82.89% | 2.05% | 1.18x |
| UAL | 85.0 | 5.32 | 96.02 | 71 (2026-08-21) | 72.11% | 6.26% | 1.17x |
| UAL | 87.5 | 7.35 | 96.02 | 91 (2026-09-18) | 67.87% | 8.40% | 1.17x |
| UAL | 93.0 | 0.34 | 96.02 | 1 (2026-05-15) | 81.91% | 0.37% | 1.16x |
| UAL | 80.0 | 1.3 | 96.02 | 25 (2026-06-18) | 86.44% | 1.63% | 1.15x |
| UAL | 92.5 | 0.28 | 96.02 | 1 (2026-05-15) | 84.94% | 0.30% | 1.14x |
| UAL | 80.0 | 4.9 | 96.02 | 91 (2026-09-18) | 76.91% | 6.13% | 1.14x |
| UAL | 77.5 | 4.15 | 96.02 | 91 (2026-09-18) | 79.75% | 5.35% | 1.12x |
| UAL | 77.5 | 0.96 | 96.02 | 25 (2026-06-18) | 89.55% | 1.24% | 1.12x |
| UAL | 75.0 | 0.82 | 96.02 | 25 (2026-06-18) | 91.33% | 1.09% | 1.11x |
| UAL | 92.0 | 0.2 | 96.02 | 1 (2026-05-15) | 88.12% | 0.22% | 1.10x |
| UAL | 72.5 | 2.76 | 96.02 | 91 (2026-09-18) | 85.14% | 3.81% | 1.09x |
| UAL | 90.0 | 0.13 | 96.02 | 1 (2026-05-15) | 93.26% | 0.14% | 1.07x |
| UAL | 72.5 | 0.5 | 96.02 | 25 (2026-06-18) | 93.91% | 0.69% | 1.07x |
| UAL | 65.0 | 1.26 | 96.02 | 71 (2026-08-21) | 91.96% | 1.94% | 1.06x |
| UAL | 91.0 | 0.11 | 96.02 | 1 (2026-05-15) | 93.03% | 0.12% | 1.06x |
| UAL | 65.0 | 0.64 | 96.02 | 46 (2026-07-17) | 94.61% | 0.98% | 1.05x |
| UAL | 89.0 | 0.08 | 96.02 | 1 (2026-05-15) | 95.65% | 0.09% | 1.04x |
| UAL | 87.5 | 0.05 | 96.02 | 1 (2026-05-15) | 97.25% | 0.06% | 1.03x |