Stock Ticker: AAL

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Next Earnings: Unknown

Recommendation: NO

Current Price: $14.01

Total Wheels: 2

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Option Selling Put Choices

Typically 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
AAL 14.0 0.48 14.01 14 (2026-02-20) 52.25% 3.43% 1.38x
AAL 13.5 0.37 14.01 19 (2026-02-27) 65.62% 2.74% 1.27x
AAL 14.0 0.81 14.01 34 (2026-03-20) 53.38% 5.79% 1.25x
AAL 14.0 1.24 14.01 74 (2026-05-15) 54.99% 8.86% 1.18x
AAL 13.0 0.8 14.01 74 (2026-05-15) 67.38% 6.15% 1.15x
AAL 13.0 0.94 14.01 98 (2026-06-18) 66.56% 7.23% 1.13x
AAL 12.0 0.49 14.01 74 (2026-05-15) 77.92% 4.08% 1.11x
AAL 13.0 1.14 14.01 144 (2026-08-21) 65.98% 8.77% 1.10x
AAL 12.0 0.61 14.01 98 (2026-06-18) 76.34% 5.08% 1.10x
AAL 12.0 0.03 14.01 9 (2026-02-13) 94.84% 0.25% 1.07x
AAL 8.0 0.01 14.01 4 (2026-02-06) 99.48% 0.13% 1.06x
AAL 8.0 0.15 14.01 74 (2026-05-15) 94.58% 1.87% 1.06x
AAL 10.0 0.22 14.01 98 (2026-06-18) 90.11% 2.20% 1.05x
AAL 11.0 0.08 14.01 34 (2026-03-20) 93.20% 0.73% 1.05x
AAL 12.5 0.01 14.01 4 (2026-02-06) 96.23% 0.08% 1.04x
AAL 9.0 0.1 14.01 74 (2026-05-15) 95.73% 1.11% 1.04x
AAL 10.5 0.02 14.01 14 (2026-02-20) 97.52% 0.19% 1.03x
AAL 9.0 0.04 14.01 34 (2026-03-20) 97.11% 0.44% 1.03x
AAL 11.0 0.02 14.01 14 (2026-02-20) 97.31% 0.18% 1.03x
AAL 10.0 0.01 14.01 9 (2026-02-13) 99.10% 0.10% 1.03x
AAL 8.0 0.03 14.01 34 (2026-03-20) 98.23% 0.37% 1.03x
AAL 11.0 0.01 14.01 9 (2026-02-13) 97.91% 0.09% 1.03x
AAL 5.0 0.04 14.01 98 (2026-06-18) 98.70% 0.80% 1.02x
AAL 10.0 0.01 14.01 14 (2026-02-20) 98.88% 0.10% 1.02x