Recommendation: NO
Current Price: $74.86
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 | 74.0 | 1.4 | 74.86 | 4 (2025-05-09) | 58.74% | 1.89% | 1.75x |
| UAL | 74.0 | 2.62 | 74.86 | 9 (2025-05-16) | 56.61% | 3.54% | 1.74x |
| UAL | 73.0 | 2.21 | 74.86 | 9 (2025-05-16) | 61.66% | 3.03% | 1.68x |
| UAL | 72.0 | 1.98 | 74.86 | 9 (2025-05-16) | 65.96% | 2.75% | 1.65x |
| UAL | 72.5 | 1.84 | 74.86 | 9 (2025-05-16) | 64.77% | 2.54% | 1.58x |
| UAL | 73.0 | 0.95 | 74.86 | 4 (2025-05-09) | 67.76% | 1.30% | 1.56x |
| UAL | 71.0 | 1.58 | 74.86 | 9 (2025-05-16) | 70.75% | 2.23% | 1.55x |
| UAL | 74.0 | 3.15 | 74.86 | 14 (2025-05-23) | 56.33% | 4.26% | 1.53x |
| UAL | 72.0 | 0.82 | 74.86 | 4 (2025-05-09) | 73.49% | 1.14% | 1.52x |
| UAL | 70.0 | 1.35 | 74.86 | 9 (2025-05-16) | 74.53% | 1.93% | 1.49x |
| UAL | 72.0 | 2.47 | 74.86 | 14 (2025-05-23) | 64.50% | 3.43% | 1.48x |
| UAL | 73.0 | 3.55 | 74.86 | 19 (2025-05-30) | 59.71% | 4.86% | 1.46x |
| UAL | 71.0 | 2.11 | 74.86 | 14 (2025-05-23) | 68.40% | 2.97% | 1.44x |
| UAL | 73.0 | 4.2 | 74.86 | 24 (2025-06-06) | 59.32% | 5.75% | 1.42x |
| UAL | 69.0 | 1.08 | 74.86 | 9 (2025-05-16) | 78.48% | 1.57% | 1.41x |
| UAL | 70.0 | 1.86 | 74.86 | 14 (2025-05-23) | 71.79% | 2.66% | 1.41x |
| UAL | 71.0 | 0.56 | 74.86 | 4 (2025-05-09) | 80.05% | 0.79% | 1.37x |
| UAL | 70.0 | 2.33 | 74.86 | 19 (2025-05-30) | 70.00% | 3.33% | 1.36x |
| UAL | 68.0 | 0.9 | 74.86 | 9 (2025-05-16) | 81.75% | 1.32% | 1.35x |
| UAL | 69.0 | 1.51 | 74.86 | 14 (2025-05-23) | 75.57% | 2.19% | 1.34x |
| UAL | 69.0 | 2.13 | 74.86 | 19 (2025-05-30) | 72.68% | 3.09% | 1.34x |
| UAL | 67.5 | 0.85 | 74.86 | 9 (2025-05-16) | 82.85% | 1.26% | 1.34x |
| UAL | 68.0 | 1.33 | 74.86 | 14 (2025-05-23) | 78.39% | 1.96% | 1.32x |
| UAL | 72.5 | 4.35 | 74.86 | 34 (2025-06-20) | 60.64% | 6.00% | 1.30x |
| UAL | 68.0 | 1.79 | 74.86 | 19 (2025-05-30) | 75.85% | 2.63% | 1.30x |
| UAL | 67.0 | 0.74 | 74.86 | 9 (2025-05-16) | 84.57% | 1.10% | 1.30x |
| UAL | 70.0 | 0.41 | 74.86 | 4 (2025-05-09) | 84.85% | 0.59% | 1.28x |
| UAL | 70.0 | 3.55 | 74.86 | 34 (2025-06-20) | 67.14% | 5.07% | 1.28x |
| UAL | 67.0 | 1.61 | 74.86 | 19 (2025-05-30) | 78.21% | 2.40% | 1.28x |
| UAL | 72.5 | 6.15 | 74.86 | 54 (2025-07-18) E | 60.22% | 8.48% | 1.26x |
| UAL | 67.0 | 1.85 | 74.86 | 24 (2025-06-06) | 77.05% | 2.76% | 1.25x |
| UAL | 70.0 | 5.15 | 74.86 | 54 (2025-07-18) E | 65.40% | 7.36% | 1.25x |
| UAL | 67.5 | 2.7 | 74.86 | 34 (2025-06-20) | 73.33% | 4.00% | 1.24x |
| UAL | 65.0 | 0.88 | 74.86 | 14 (2025-05-23) | 85.31% | 1.35% | 1.23x |
| UAL | 67.5 | 4.1 | 74.86 | 54 (2025-07-18) E | 70.49% | 6.07% | 1.22x |
| UAL | 65.0 | 1.15 | 74.86 | 19 (2025-05-30) | 83.28% | 1.77% | 1.21x |
| UAL | 69.0 | 0.3 | 74.86 | 4 (2025-05-09) | 88.66% | 0.43% | 1.21x |
| UAL | 65.0 | 2.1 | 74.86 | 34 (2025-06-20) | 78.40% | 3.23% | 1.20x |
| UAL | 65.0 | 3.45 | 74.86 | 54 (2025-07-18) E | 74.83% | 5.31% | 1.20x |
| UAL | 68.0 | 0.25 | 74.86 | 4 (2025-05-09) | 90.77% | 0.37% | 1.18x |
| UAL | 64.0 | 0.9 | 74.86 | 19 (2025-05-30) | 86.13% | 1.41% | 1.17x |
| UAL | 70.0 | 6.85 | 74.86 | 99 (2025-09-19) E | 64.75% | 9.79% | 1.17x |
| UAL | 62.5 | 1.53 | 74.86 | 34 (2025-06-20) | 83.39% | 2.45% | 1.16x |
| UAL | 65.0 | 5.1 | 74.86 | 99 (2025-09-19) E | 72.46% | 7.85% | 1.15x |
| UAL | 60.0 | 2.08 | 74.86 | 54 (2025-07-18) E | 83.12% | 3.47% | 1.14x |
| UAL | 62.5 | 4.25 | 74.86 | 99 (2025-09-19) E | 76.14% | 6.80% | 1.14x |
| UAL | 67.5 | 8.52 | 74.86 | 164 (2025-12-19) E | 67.96% | 12.62% | 1.13x |
| UAL | 60.0 | 1.17 | 74.86 | 34 (2025-06-20) | 87.01% | 1.95% | 1.13x |
| UAL | 60.0 | 3.6 | 74.86 | 99 (2025-09-19) E | 79.41% | 6.00% | 1.13x |
| UAL | 57.5 | 2.97 | 74.86 | 99 (2025-09-19) E | 82.44% | 5.17% | 1.11x |
| UAL | 55.0 | 1.38 | 74.86 | 54 (2025-07-18) E | 88.62% | 2.51% | 1.11x |
| UAL | 57.5 | 0.83 | 74.86 | 34 (2025-06-20) | 90.38% | 1.44% | 1.10x |
| UAL | 67.0 | 0.13 | 74.86 | 4 (2025-05-09) | 94.38% | 0.19% | 1.10x |
| UAL | 55.0 | 2.26 | 74.86 | 99 (2025-09-19) E | 85.67% | 4.11% | 1.09x |
| UAL | 66.0 | 0.12 | 74.86 | 4 (2025-05-09) | 95.17% | 0.18% | 1.09x |
| UAL | 55.0 | 3.8 | 74.86 | 164 (2025-12-19) E | 82.54% | 6.91% | 1.09x |
| UAL | 52.5 | 1.96 | 74.86 | 99 (2025-09-19) E | 87.74% | 3.73% | 1.09x |
| UAL | 52.5 | 1.0 | 74.86 | 54 (2025-07-18) E | 91.35% | 1.90% | 1.08x |
| UAL | 55.0 | 0.63 | 74.86 | 34 (2025-06-20) | 92.60% | 1.15% | 1.08x |
| UAL | 50.0 | 3.0 | 74.86 | 164 (2025-12-19) E | 86.47% | 6.00% | 1.08x |
| UAL | 65.0 | 0.1 | 74.86 | 4 (2025-05-09) | 96.16% | 0.15% | 1.08x |
| UAL | 50.0 | 0.77 | 74.86 | 54 (2025-07-18) E | 93.20% | 1.54% | 1.07x |
| UAL | 50.0 | 0.31 | 74.86 | 34 (2025-06-20) | 96.15% | 0.62% | 1.05x |