Recommendation: NO
Current Price: $43.62
Total Wheels: 361
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 | 43.0 | 1.97 | 43.62 | 8 (2026-04-02) | 57.00% | 4.58% | 2.25x |
| TQQQ | 43.5 | 2.12 | 43.62 | 8 (2026-04-02) | 53.45% | 4.87% | 2.25x |
| TQQQ | 43.5 | 1.3 | 43.62 | 4 (2026-03-27) | 53.02% | 2.99% | 2.21x |
| TQQQ | 42.5 | 1.78 | 43.62 | 8 (2026-04-02) | 60.36% | 4.19% | 2.20x |
| TQQQ | 43.0 | 1.1 | 43.62 | 4 (2026-03-27) | 58.60% | 2.56% | 2.12x |
| TQQQ | 42.0 | 1.56 | 43.62 | 8 (2026-04-02) | 63.74% | 3.71% | 2.09x |
| TQQQ | 42.5 | 0.91 | 43.62 | 4 (2026-03-27) | 64.07% | 2.14% | 1.99x |
| TQQQ | 41.0 | 1.28 | 43.62 | 8 (2026-04-02) | 69.62% | 3.12% | 1.97x |
| TQQQ | 40.0 | 1.05 | 43.62 | 8 (2026-04-02) | 74.71% | 2.63% | 1.84x |
| TQQQ | 42.0 | 0.74 | 43.62 | 4 (2026-03-27) | 69.23% | 1.76% | 1.84x |
| TQQQ | 43.0 | 2.57 | 43.62 | 14 (2026-04-10) | 56.81% | 5.98% | 1.82x |
| TQQQ | 41.0 | 1.87 | 43.62 | 14 (2026-04-10) | 66.95% | 4.56% | 1.72x |
| TQQQ | 41.5 | 0.59 | 43.62 | 4 (2026-03-27) | 74.03% | 1.42% | 1.70x |
| TQQQ | 43.0 | 3.0 | 43.62 | 19 (2026-04-17) | 56.88% | 6.98% | 1.68x |
| TQQQ | 39.0 | 0.81 | 43.62 | 8 (2026-04-02) | 79.52% | 2.08% | 1.68x |
| TQQQ | 42.0 | 2.53 | 43.62 | 19 (2026-04-17) | 61.62% | 6.02% | 1.62x |
| TQQQ | 41.0 | 2.3 | 43.62 | 19 (2026-04-17) | 65.81% | 5.61% | 1.62x |
| TQQQ | 41.0 | 0.49 | 43.62 | 4 (2026-03-27) | 78.05% | 1.20% | 1.60x |
| TQQQ | 40.0 | 2.0 | 43.62 | 19 (2026-04-17) | 69.65% | 5.00% | 1.57x |
| TQQQ | 43.0 | 3.3 | 43.62 | 24 (2026-04-24) | 57.00% | 7.67% | 1.57x |
| TQQQ | 39.0 | 1.3 | 43.62 | 14 (2026-04-10) | 75.59% | 3.33% | 1.57x |
| TQQQ | 42.0 | 2.99 | 43.62 | 24 (2026-04-24) | 61.21% | 7.12% | 1.57x |
| TQQQ | 38.0 | 0.64 | 43.62 | 8 (2026-04-02) | 83.41% | 1.68% | 1.55x |
| TQQQ | 38.0 | 1.17 | 43.62 | 14 (2026-04-10) | 78.58% | 3.08% | 1.54x |
| TQQQ | 39.0 | 1.75 | 43.62 | 19 (2026-04-17) | 73.31% | 4.49% | 1.54x |
| TQQQ | 42.0 | 3.3 | 43.62 | 29 (2026-05-01) | 61.09% | 7.86% | 1.50x |
| TQQQ | 43.0 | 3.6 | 43.62 | 29 (2026-05-01) | 57.13% | 8.37% | 1.50x |
| TQQQ | 38.0 | 1.53 | 43.62 | 19 (2026-04-17) | 76.51% | 4.03% | 1.50x |
| TQQQ | 40.5 | 0.4 | 43.62 | 4 (2026-03-27) | 80.82% | 0.99% | 1.49x |
| TQQQ | 41.0 | 2.88 | 43.62 | 29 (2026-05-01) | 64.82% | 7.02% | 1.47x |
| TQQQ | 40.0 | 2.64 | 43.62 | 29 (2026-05-01) | 68.13% | 6.60% | 1.47x |
| TQQQ | 37.0 | 1.34 | 43.62 | 19 (2026-04-17) | 79.39% | 3.62% | 1.46x |
| TQQQ | 37.0 | 0.51 | 43.62 | 8 (2026-04-02) | 86.59% | 1.38% | 1.45x |
| TQQQ | 37.0 | 0.94 | 43.62 | 14 (2026-04-10) | 82.08% | 2.54% | 1.45x |
| TQQQ | 39.0 | 2.38 | 43.62 | 29 (2026-05-01) | 71.24% | 6.10% | 1.45x |
| TQQQ | 43.0 | 4.3 | 43.62 | 39 (2026-05-15) | 57.59% | 10.00% | 1.44x |
| TQQQ | 41.0 | 3.6 | 43.62 | 39 (2026-05-15) | 64.17% | 8.78% | 1.43x |
| TQQQ | 38.0 | 2.11 | 43.62 | 29 (2026-05-01) | 74.19% | 5.55% | 1.42x |
| TQQQ | 40.0 | 3.3 | 43.62 | 39 (2026-05-15) | 67.20% | 8.25% | 1.42x |
| TQQQ | 37.0 | 1.6 | 43.62 | 24 (2026-04-24) | 78.07% | 4.32% | 1.42x |
| TQQQ | 42.0 | 3.8 | 43.62 | 39 (2026-05-15) | 61.00% | 9.05% | 1.41x |
| TQQQ | 36.0 | 0.82 | 43.62 | 14 (2026-04-10) | 84.52% | 2.28% | 1.41x |
| TQQQ | 37.0 | 1.93 | 43.62 | 29 (2026-05-01) | 76.71% | 5.22% | 1.41x |
| TQQQ | 36.0 | 1.41 | 43.62 | 24 (2026-04-24) | 80.59% | 3.92% | 1.39x |
| TQQQ | 40.0 | 0.3 | 43.62 | 4 (2026-03-27) | 86.47% | 0.75% | 1.39x |
| TQQQ | 39.0 | 2.87 | 43.62 | 39 (2026-05-15) | 70.20% | 7.36% | 1.38x |
| TQQQ | 38.0 | 2.7 | 43.62 | 39 (2026-05-15) | 72.60% | 7.11% | 1.38x |
| TQQQ | 36.0 | 1.08 | 43.62 | 19 (2026-04-17) | 82.55% | 3.00% | 1.38x |
| TQQQ | 36.0 | 1.66 | 43.62 | 29 (2026-05-01) | 79.40% | 4.61% | 1.37x |
| TQQQ | 35.0 | 0.7 | 43.62 | 14 (2026-04-10) | 87.22% | 2.00% | 1.37x |
| TQQQ | 35.0 | 0.98 | 43.62 | 19 (2026-04-17) | 84.52% | 2.80% | 1.36x |
| TQQQ | 35.0 | 1.21 | 43.62 | 24 (2026-04-24) | 83.02% | 3.46% | 1.35x |
| TQQQ | 35.0 | 1.49 | 43.62 | 29 (2026-05-01) | 81.56% | 4.26% | 1.35x |
| TQQQ | 42.5 | 5.25 | 43.62 | 63 (2026-06-18) | 59.94% | 12.35% | 1.33x |
| TQQQ | 40.0 | 4.4 | 43.62 | 63 (2026-06-18) | 66.44% | 11.00% | 1.33x |
| TQQQ | 34.0 | 0.57 | 43.62 | 14 (2026-04-10) | 89.01% | 1.68% | 1.31x |
| TQQQ | 37.5 | 3.5 | 43.62 | 63 (2026-06-18) | 72.29% | 9.33% | 1.30x |
| TQQQ | 35.0 | 2.92 | 43.62 | 63 (2026-06-18) | 77.25% | 8.34% | 1.28x |
| TQQQ | 32.5 | 2.31 | 43.62 | 63 (2026-06-18) | 81.73% | 7.11% | 1.25x |
| TQQQ | 30.0 | 1.85 | 43.62 | 63 (2026-06-18) | 85.42% | 6.17% | 1.23x |
| TQQQ | 40.0 | 6.4 | 43.62 | 129 (2026-09-18) | 66.62% | 16.00% | 1.22x |
| TQQQ | 35.0 | 4.75 | 43.62 | 129 (2026-09-18) | 75.26% | 13.57% | 1.21x |
| TQQQ | 41.0 | 6.4 | 43.62 | 129 (2026-09-18) | 64.55% | 15.61% | 1.21x |
| TQQQ | 37.0 | 5.15 | 43.62 | 129 (2026-09-18) | 72.06% | 13.92% | 1.21x |
| TQQQ | 27.5 | 1.28 | 43.62 | 63 (2026-06-18) | 89.24% | 4.65% | 1.18x |
| TQQQ | 25.0 | 1.07 | 43.62 | 63 (2026-06-18) | 91.44% | 4.28% | 1.17x |
| TQQQ | 42.5 | 9.1 | 43.62 | 214 (2027-01-15) | 63.43% | 21.41% | 1.16x |
| TQQQ | 40.0 | 8.0 | 43.62 | 214 (2027-01-15) | 67.50% | 20.00% | 1.16x |