Recommendation: NO
Current Price: $58.40
Total Wheels: 298
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 |
|---|---|---|---|---|---|---|---|
| TQQQ | 58.0 | 1.77 | 58.40 | 4 (2025-05-09) | 54.96% | 3.05% | 2.31x |
| TQQQ | 57.5 | 1.56 | 58.40 | 4 (2025-05-09) | 58.90% | 2.71% | 2.22x |
| TQQQ | 57.0 | 1.36 | 58.40 | 4 (2025-05-09) | 62.75% | 2.39% | 2.11x |
| TQQQ | 58.0 | 2.75 | 58.40 | 9 (2025-05-16) | 54.76% | 4.74% | 2.05x |
| TQQQ | 57.0 | 2.32 | 58.40 | 9 (2025-05-16) | 60.04% | 4.07% | 1.97x |
| TQQQ | 56.0 | 1.02 | 58.40 | 4 (2025-05-09) | 70.02% | 1.82% | 1.89x |
| TQQQ | 56.0 | 1.95 | 58.40 | 9 (2025-05-16) | 65.03% | 3.48% | 1.87x |
| TQQQ | 55.0 | 1.67 | 58.40 | 9 (2025-05-16) | 69.48% | 3.04% | 1.79x |
| TQQQ | 58.0 | 3.25 | 58.40 | 14 (2025-05-23) | 54.90% | 5.60% | 1.73x |
| TQQQ | 54.0 | 1.38 | 58.40 | 9 (2025-05-16) | 73.79% | 2.56% | 1.69x |
| TQQQ | 55.0 | 0.75 | 58.40 | 4 (2025-05-09) | 76.43% | 1.36% | 1.69x |
| TQQQ | 57.5 | 2.91 | 58.40 | 14 (2025-05-23) | 57.23% | 5.06% | 1.67x |
| TQQQ | 56.0 | 2.55 | 58.40 | 14 (2025-05-23) | 63.52% | 4.55% | 1.67x |
| TQQQ | 55.0 | 2.37 | 58.40 | 14 (2025-05-23) | 66.99% | 4.31% | 1.67x |
| TQQQ | 58.0 | 4.1 | 58.40 | 19 (2025-05-30) | 55.29% | 7.07% | 1.66x |
| TQQQ | 57.0 | 2.7 | 58.40 | 14 (2025-05-23) | 59.57% | 4.74% | 1.65x |
| TQQQ | 56.0 | 3.2 | 58.40 | 19 (2025-05-30) | 62.57% | 5.71% | 1.59x |
| TQQQ | 53.0 | 1.14 | 58.40 | 9 (2025-05-16) | 77.64% | 2.15% | 1.59x |
| TQQQ | 57.0 | 3.4 | 58.40 | 19 (2025-05-30) | 59.02% | 5.96% | 1.58x |
| TQQQ | 55.0 | 2.87 | 58.40 | 19 (2025-05-30) | 65.87% | 5.22% | 1.57x |
| TQQQ | 54.0 | 1.85 | 58.40 | 14 (2025-05-23) | 71.41% | 3.43% | 1.55x |
| TQQQ | 54.0 | 0.57 | 58.40 | 4 (2025-05-09) | 81.56% | 1.06% | 1.54x |
| TQQQ | 53.0 | 1.7 | 58.40 | 14 (2025-05-23) | 74.28% | 3.21% | 1.53x |
| TQQQ | 55.0 | 3.45 | 58.40 | 24 (2025-06-06) | 64.98% | 6.27% | 1.52x |
| TQQQ | 56.0 | 3.65 | 58.40 | 24 (2025-06-06) | 62.10% | 6.52% | 1.52x |
| TQQQ | 57.0 | 3.87 | 58.40 | 24 (2025-06-06) | 58.90% | 6.79% | 1.51x |
| TQQQ | 52.0 | 0.95 | 58.40 | 9 (2025-05-16) | 80.93% | 1.83% | 1.51x |
| TQQQ | 54.0 | 2.4 | 58.40 | 19 (2025-05-30) | 69.40% | 4.44% | 1.50x |
| TQQQ | 58.0 | 4.1 | 58.40 | 24 (2025-06-06) | 55.30% | 7.07% | 1.50x |
| TQQQ | 58.0 | 5.45 | 58.40 | 34 (2025-06-20) | 56.14% | 9.40% | 1.46x |
| TQQQ | 53.0 | 2.06 | 58.40 | 19 (2025-05-30) | 72.78% | 3.89% | 1.45x |
| TQQQ | 54.0 | 2.8 | 58.40 | 24 (2025-06-06) | 68.46% | 5.19% | 1.44x |
| TQQQ | 55.0 | 3.63 | 58.40 | 29 (2025-06-13) | 64.80% | 6.60% | 1.44x |
| TQQQ | 52.0 | 2.5 | 58.40 | 24 (2025-06-06) | 73.30% | 4.81% | 1.44x |
| TQQQ | 56.0 | 4.55 | 58.40 | 34 (2025-06-20) | 61.66% | 8.13% | 1.44x |
| TQQQ | 51.0 | 0.79 | 58.40 | 9 (2025-05-16) | 83.87% | 1.55% | 1.44x |
| TQQQ | 55.0 | 4.25 | 58.40 | 34 (2025-06-20) | 64.25% | 7.73% | 1.43x |
| TQQQ | 53.0 | 2.59 | 58.40 | 24 (2025-06-06) | 71.13% | 4.89% | 1.43x |
| TQQQ | 51.5 | 1.8 | 58.40 | 19 (2025-05-30) | 76.38% | 3.50% | 1.42x |
| TQQQ | 52.0 | 1.82 | 58.40 | 19 (2025-05-30) | 75.62% | 3.50% | 1.41x |
| TQQQ | 57.0 | 4.42 | 58.40 | 34 (2025-06-20) | 58.88% | 7.75% | 1.39x |
| TQQQ | 53.0 | 0.4 | 58.40 | 4 (2025-05-09) | 86.96% | 0.75% | 1.39x |
| TQQQ | 52.0 | 3.3 | 58.40 | 34 (2025-06-20) | 71.36% | 6.35% | 1.39x |
| TQQQ | 53.0 | 3.44 | 58.40 | 34 (2025-06-20) | 69.38% | 6.49% | 1.39x |
| TQQQ | 54.0 | 3.62 | 58.40 | 34 (2025-06-20) | 67.11% | 6.70% | 1.39x |
| TQQQ | 51.5 | 2.1 | 58.40 | 24 (2025-06-06) | 75.29% | 4.08% | 1.37x |
| TQQQ | 50.0 | 0.65 | 58.40 | 9 (2025-05-16) | 86.44% | 1.30% | 1.37x |
| TQQQ | 50.0 | 2.75 | 58.40 | 34 (2025-06-20) | 75.66% | 5.50% | 1.35x |
| TQQQ | 51.0 | 2.84 | 58.40 | 34 (2025-06-20) | 73.98% | 5.57% | 1.35x |
| TQQQ | 49.0 | 0.54 | 58.40 | 9 (2025-05-16) | 88.63% | 1.10% | 1.31x |
| TQQQ | 52.0 | 0.29 | 58.40 | 4 (2025-05-09) | 89.56% | 0.56% | 1.29x |
| TQQQ | 58.0 | 9.45 | 58.40 | 99 (2025-09-19) | 59.25% | 16.29% | 1.26x |
| TQQQ | 56.0 | 8.28 | 58.40 | 99 (2025-09-19) | 62.42% | 14.79% | 1.25x |
| TQQQ | 53.0 | 7.26 | 58.40 | 99 (2025-09-19) | 67.24% | 13.70% | 1.25x |
| TQQQ | 55.0 | 7.85 | 58.40 | 99 (2025-09-19) | 64.06% | 14.27% | 1.25x |
| TQQQ | 54.0 | 7.45 | 58.40 | 99 (2025-09-19) | 65.67% | 13.80% | 1.25x |
| TQQQ | 52.0 | 6.57 | 58.40 | 99 (2025-09-19) | 68.81% | 12.63% | 1.24x |
| TQQQ | 50.0 | 5.95 | 58.40 | 99 (2025-09-19) | 71.77% | 11.90% | 1.23x |
| TQQQ | 51.0 | 0.2 | 58.40 | 4 (2025-05-09) | 92.37% | 0.39% | 1.20x |
| TQQQ | 56.0 | 10.72 | 58.40 | 164 (2025-12-19) | 63.83% | 19.14% | 1.19x |
| TQQQ | 54.0 | 9.91 | 58.40 | 164 (2025-12-19) | 66.46% | 18.35% | 1.19x |
| TQQQ | 57.0 | 11.52 | 58.40 | 184 (2026-01-16) | 62.78% | 20.21% | 1.18x |
| TQQQ | 50.0 | 8.8 | 58.40 | 184 (2026-01-16) | 71.47% | 17.60% | 1.18x |
| TQQQ | 53.0 | 9.8 | 58.40 | 184 (2026-01-16) | 67.86% | 18.49% | 1.18x |
| TQQQ | 52.0 | 9.32 | 58.40 | 184 (2026-01-16) | 69.06% | 17.92% | 1.17x |
| TQQQ | 50.0 | 0.14 | 58.40 | 4 (2025-05-09) | 94.53% | 0.28% | 1.14x |