Recommendation: NO
Current Price: $74.70
Total Wheels: 307
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 | 74.5 | 2.64 | 74.70 | 8 (2025-07-03) | 53.09% | 3.54% | 1.80x |
TQQQ | 74.0 | 1.48 | 74.70 | 4 (2025-06-27) | 57.40% | 2.00% | 1.78x |
TQQQ | 74.0 | 2.43 | 74.70 | 8 (2025-07-03) | 55.95% | 3.28% | 1.77x |
TQQQ | 73.5 | 2.24 | 74.70 | 8 (2025-07-03) | 58.71% | 3.05% | 1.75x |
TQQQ | 72.5 | 1.84 | 74.70 | 8 (2025-07-03) | 64.14% | 2.54% | 1.66x |
TQQQ | 73.0 | 1.12 | 74.70 | 4 (2025-06-27) | 65.52% | 1.53% | 1.66x |
TQQQ | 72.0 | 1.75 | 74.70 | 8 (2025-07-03) | 66.36% | 2.43% | 1.66x |
TQQQ | 73.0 | 1.9 | 74.70 | 8 (2025-07-03) | 61.95% | 2.60% | 1.66x |
TQQQ | 71.5 | 1.68 | 74.70 | 8 (2025-07-03) | 68.30% | 2.35% | 1.65x |
TQQQ | 74.5 | 3.65 | 74.70 | 14 (2025-07-11) | 53.49% | 4.90% | 1.59x |
TQQQ | 71.0 | 1.46 | 74.70 | 8 (2025-07-03) | 70.99% | 2.06% | 1.58x |
TQQQ | 72.0 | 0.88 | 74.70 | 4 (2025-06-27) | 72.20% | 1.22% | 1.56x |
TQQQ | 73.5 | 3.15 | 74.70 | 14 (2025-07-11) | 57.71% | 4.29% | 1.55x |
TQQQ | 73.0 | 3.01 | 74.70 | 14 (2025-07-11) | 59.69% | 4.12% | 1.55x |
TQQQ | 70.5 | 1.34 | 74.70 | 8 (2025-07-03) | 73.03% | 1.90% | 1.54x |
TQQQ | 74.0 | 3.21 | 74.70 | 14 (2025-07-11) | 55.63% | 4.34% | 1.54x |
TQQQ | 72.5 | 2.8 | 74.70 | 14 (2025-07-11) | 61.71% | 3.86% | 1.53x |
TQQQ | 72.0 | 2.63 | 74.70 | 14 (2025-07-11) | 63.63% | 3.65% | 1.51x |
TQQQ | 70.0 | 1.19 | 74.70 | 8 (2025-07-03) | 75.32% | 1.70% | 1.49x |
TQQQ | 71.0 | 2.32 | 74.70 | 14 (2025-07-11) | 67.30% | 3.27% | 1.48x |
TQQQ | 74.0 | 3.98 | 74.70 | 19 (2025-07-18) | 55.61% | 5.38% | 1.48x |
TQQQ | 72.0 | 5.35 | 74.70 | 29 (2025-08-01) | 60.99% | 7.43% | 1.47x |
TQQQ | 70.5 | 2.18 | 74.70 | 14 (2025-07-11) | 68.99% | 3.09% | 1.46x |
TQQQ | 73.0 | 3.5 | 74.70 | 19 (2025-07-18) | 59.24% | 4.79% | 1.45x |
TQQQ | 72.0 | 3.2 | 74.70 | 19 (2025-07-18) | 62.63% | 4.44% | 1.44x |
TQQQ | 71.0 | 0.65 | 74.70 | 4 (2025-06-27) | 78.31% | 0.92% | 1.43x |
TQQQ | 74.0 | 4.6 | 74.70 | 24 (2025-07-25) | 55.72% | 6.22% | 1.43x |
TQQQ | 70.0 | 1.98 | 74.70 | 14 (2025-07-11) | 70.91% | 2.83% | 1.43x |
TQQQ | 73.0 | 4.25 | 74.70 | 24 (2025-07-25) | 58.84% | 5.82% | 1.42x |
TQQQ | 71.0 | 2.9 | 74.70 | 19 (2025-07-18) | 65.80% | 4.08% | 1.42x |
TQQQ | 74.0 | 5.22 | 74.70 | 29 (2025-08-01) | 55.90% | 7.05% | 1.40x |
TQQQ | 72.0 | 3.7 | 74.70 | 24 (2025-07-25) | 61.99% | 5.14% | 1.39x |
TQQQ | 70.0 | 2.55 | 74.70 | 19 (2025-07-18) | 68.99% | 3.64% | 1.39x |
TQQQ | 68.0 | 5.2 | 74.70 | 39 (2025-08-15) | 68.24% | 7.65% | 1.39x |
TQQQ | 73.0 | 4.76 | 74.70 | 29 (2025-08-01) | 58.72% | 6.52% | 1.39x |
TQQQ | 71.0 | 3.45 | 74.70 | 24 (2025-07-25) | 64.82% | 4.86% | 1.38x |
TQQQ | 71.0 | 4.21 | 74.70 | 29 (2025-08-01) | 63.89% | 5.93% | 1.38x |
TQQQ | 69.0 | 2.34 | 74.70 | 19 (2025-07-18) | 71.65% | 3.39% | 1.37x |
TQQQ | 70.0 | 3.05 | 74.70 | 24 (2025-07-25) | 67.75% | 4.36% | 1.36x |
TQQQ | 70.0 | 3.74 | 74.70 | 29 (2025-08-01) | 66.53% | 5.34% | 1.35x |
TQQQ | 68.0 | 2.1 | 74.70 | 19 (2025-07-18) | 74.39% | 3.09% | 1.35x |
TQQQ | 70.0 | 0.5 | 74.70 | 4 (2025-06-27) | 82.15% | 0.71% | 1.34x |
TQQQ | 72.0 | 5.5 | 74.70 | 39 (2025-08-15) | 60.99% | 7.64% | 1.34x |
TQQQ | 74.0 | 6.0 | 74.70 | 39 (2025-08-15) | 56.23% | 8.11% | 1.33x |
TQQQ | 73.0 | 5.61 | 74.70 | 39 (2025-08-15) | 58.69% | 7.68% | 1.33x |
TQQQ | 67.0 | 1.85 | 74.70 | 19 (2025-07-18) | 76.85% | 2.76% | 1.32x |
TQQQ | 66.0 | 1.71 | 74.70 | 19 (2025-07-18) | 78.83% | 2.59% | 1.31x |
TQQQ | 70.0 | 4.5 | 74.70 | 39 (2025-08-15) | 65.63% | 6.43% | 1.31x |
TQQQ | 67.0 | 3.8 | 74.70 | 39 (2025-08-15) | 71.42% | 5.67% | 1.29x |
TQQQ | 65.0 | 1.48 | 74.70 | 19 (2025-07-18) | 81.15% | 2.28% | 1.27x |
TQQQ | 65.0 | 3.2 | 74.70 | 39 (2025-08-15) | 75.06% | 4.92% | 1.26x |
TQQQ | 69.0 | 0.37 | 74.70 | 4 (2025-06-27) | 86.95% | 0.54% | 1.26x |
TQQQ | 74.0 | 7.9 | 74.70 | 64 (2025-09-19) | 57.17% | 10.68% | 1.26x |
TQQQ | 72.0 | 7.2 | 74.70 | 64 (2025-09-19) | 60.96% | 10.00% | 1.26x |
TQQQ | 73.0 | 7.5 | 74.70 | 64 (2025-09-19) | 59.08% | 10.27% | 1.26x |
TQQQ | 66.0 | 5.61 | 74.70 | 64 (2025-09-19) | 70.60% | 8.50% | 1.26x |
TQQQ | 64.0 | 3.0 | 74.70 | 39 (2025-08-15) | 76.77% | 4.69% | 1.26x |
TQQQ | 69.0 | 6.17 | 74.70 | 64 (2025-09-19) | 66.18% | 8.94% | 1.25x |
TQQQ | 70.0 | 6.4 | 74.70 | 64 (2025-09-19) | 64.54% | 9.14% | 1.25x |
TQQQ | 68.0 | 5.78 | 74.70 | 64 (2025-09-19) | 67.86% | 8.50% | 1.25x |
TQQQ | 65.0 | 5.01 | 74.70 | 64 (2025-09-19) | 72.35% | 7.71% | 1.24x |
TQQQ | 68.0 | 0.28 | 74.70 | 4 (2025-06-27) | 90.00% | 0.41% | 1.20x |
TQQQ | 72.0 | 10.85 | 74.70 | 129 (2025-12-19) | 62.05% | 15.07% | 1.19x |
TQQQ | 73.0 | 11.19 | 74.70 | 129 (2025-12-19) | 60.71% | 15.33% | 1.19x |
TQQQ | 67.0 | 9.1 | 74.70 | 129 (2025-12-19) | 68.24% | 13.58% | 1.19x |
TQQQ | 70.0 | 10.0 | 74.70 | 129 (2025-12-19) | 64.59% | 14.29% | 1.19x |
TQQQ | 69.0 | 10.88 | 74.70 | 149 (2026-01-16) | 66.06% | 15.77% | 1.18x |
TQQQ | 66.0 | 9.85 | 74.70 | 149 (2026-01-16) | 69.35% | 14.92% | 1.18x |
TQQQ | 73.0 | 12.2 | 74.70 | 149 (2026-01-16) | 61.26% | 16.71% | 1.18x |
TQQQ | 74.0 | 12.55 | 74.70 | 149 (2026-01-16) | 59.97% | 16.96% | 1.18x |
TQQQ | 65.0 | 7.95 | 74.70 | 129 (2025-12-19) | 70.64% | 12.23% | 1.18x |
TQQQ | 70.0 | 10.8 | 74.70 | 149 (2026-01-16) | 64.82% | 15.43% | 1.17x |
TQQQ | 65.0 | 8.81 | 74.70 | 149 (2026-01-16) | 70.48% | 13.55% | 1.17x |
TQQQ | 67.0 | 0.22 | 74.70 | 4 (2025-06-27) | 92.01% | 0.33% | 1.16x |
TQQQ | 66.0 | 0.17 | 74.70 | 4 (2025-06-27) | 93.80% | 0.26% | 1.13x |
TQQQ | 65.0 | 0.14 | 74.70 | 4 (2025-06-27) | 95.01% | 0.22% | 1.11x |