Recommendation: ST
Current Price: $401.14
Total Wheels: 3
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 |
|---|---|---|---|---|---|---|---|
| MSFT | 400.0 | 5.65 | 401.14 | 5 (2026-02-13) | 53.82% | 1.41% | 1.46x |
| MSFT | 397.5 | 4.65 | 401.14 | 5 (2026-02-13) | 59.98% | 1.17% | 1.42x |
| MSFT | 395.0 | 3.75 | 401.14 | 5 (2026-02-13) | 65.82% | 0.95% | 1.37x |
| MSFT | 400.0 | 4.55 | 401.14 | 3 (2026-02-11) | 54.28% | 1.14% | 1.36x |
| MSFT | 392.5 | 3.05 | 401.14 | 5 (2026-02-13) | 71.05% | 0.78% | 1.32x |
| MSFT | 400.0 | 7.7 | 401.14 | 10 (2026-02-20) | 53.43% | 1.92% | 1.29x |
| MSFT | 390.0 | 2.4 | 401.14 | 5 (2026-02-13) | 76.06% | 0.62% | 1.27x |
| MSFT | 395.0 | 5.95 | 401.14 | 10 (2026-02-20) | 62.29% | 1.51% | 1.27x |
| MSFT | 400.0 | 10.0 | 401.14 | 15 (2026-02-27) | 53.28% | 2.50% | 1.25x |
| MSFT | 395.0 | 7.85 | 401.14 | 15 (2026-02-27) | 60.59% | 1.99% | 1.22x |
| MSFT | 387.5 | 1.92 | 401.14 | 5 (2026-02-13) | 80.06% | 0.50% | 1.22x |
| MSFT | 392.5 | 2.06 | 401.14 | 3 (2026-02-11) | 74.81% | 0.52% | 1.22x |
| MSFT | 390.0 | 4.3 | 401.14 | 10 (2026-02-20) | 70.47% | 1.10% | 1.22x |
| MSFT | 400.0 | 11.05 | 401.14 | 20 (2026-03-06) | 53.31% | 2.76% | 1.20x |
| MSFT | 385.0 | 1.65 | 401.14 | 5 (2026-02-13) | 82.96% | 0.43% | 1.20x |
| MSFT | 390.0 | 6.1 | 401.14 | 15 (2026-02-27) | 67.46% | 1.56% | 1.19x |
| MSFT | 395.0 | 8.9 | 401.14 | 20 (2026-03-06) | 59.95% | 2.25% | 1.18x |
| MSFT | 400.0 | 12.35 | 401.14 | 25 (2026-03-13) | 53.35% | 3.09% | 1.18x |
| MSFT | 390.0 | 1.58 | 401.14 | 3 (2026-02-11) | 79.90% | 0.41% | 1.18x |
| MSFT | 385.0 | 3.1 | 401.14 | 10 (2026-02-20) | 77.31% | 0.81% | 1.17x |
| MSFT | 400.0 | 13.95 | 401.14 | 30 (2026-03-20) | 53.42% | 3.49% | 1.17x |
| MSFT | 397.5 | 1.82 | 401.14 | 1 (2026-02-09) | 67.29% | 0.46% | 1.17x |
| MSFT | 390.0 | 7.25 | 401.14 | 20 (2026-03-06) | 66.02% | 1.86% | 1.17x |
| MSFT | 385.0 | 4.6 | 401.14 | 15 (2026-02-27) | 73.67% | 1.19% | 1.16x |
| MSFT | 395.0 | 11.7 | 401.14 | 30 (2026-03-20) | 58.79% | 2.96% | 1.16x |
| MSFT | 390.0 | 9.9 | 401.14 | 30 (2026-03-20) | 63.83% | 2.54% | 1.14x |
| MSFT | 380.0 | 2.4 | 401.14 | 10 (2026-02-20) | 82.33% | 0.63% | 1.14x |
| MSFT | 385.0 | 6.95 | 401.14 | 25 (2026-03-13) | 70.00% | 1.81% | 1.13x |
| MSFT | 380.0 | 1.07 | 401.14 | 5 (2026-02-13) | 88.41% | 0.28% | 1.13x |
| MSFT | 385.0 | 8.05 | 401.14 | 30 (2026-03-20) | 68.77% | 2.09% | 1.13x |
| MSFT | 400.0 | 17.45 | 401.14 | 50 (2026-04-17) | 53.75% | 4.36% | 1.12x |
| MSFT | 395.0 | 1.18 | 401.14 | 1 (2026-02-09) | 76.75% | 0.30% | 1.12x |
| MSFT | 380.0 | 5.8 | 401.14 | 25 (2026-03-13) | 74.46% | 1.53% | 1.12x |
| MSFT | 380.0 | 7.0 | 401.14 | 30 (2026-03-20) | 72.78% | 1.84% | 1.12x |
| MSFT | 395.0 | 15.2 | 401.14 | 50 (2026-04-17) | 58.04% | 3.85% | 1.12x |
| MSFT | 400.0 | 23.05 | 401.14 | 70 (2026-05-15) | 54.26% | 5.76% | 1.12x |
| MSFT | 390.0 | 13.3 | 401.14 | 50 (2026-04-17) | 62.18% | 3.41% | 1.11x |
| MSFT | 390.0 | 18.5 | 401.14 | 70 (2026-05-15) | 60.78% | 4.74% | 1.11x |
| MSFT | 385.0 | 11.7 | 401.14 | 50 (2026-04-17) | 65.99% | 3.04% | 1.11x |
| MSFT | 375.0 | 5.7 | 401.14 | 30 (2026-03-20) | 76.78% | 1.52% | 1.10x |
| MSFT | 375.0 | 3.55 | 401.14 | 20 (2026-03-06) | 80.98% | 0.95% | 1.10x |
| MSFT | 375.0 | 1.64 | 401.14 | 10 (2026-02-20) | 87.09% | 0.44% | 1.10x |
| MSFT | 380.0 | 15.0 | 401.14 | 70 (2026-05-15) | 66.83% | 3.95% | 1.10x |
| MSFT | 380.0 | 10.1 | 401.14 | 50 (2026-04-17) | 69.71% | 2.66% | 1.10x |
| MSFT | 370.0 | 4.75 | 401.14 | 30 (2026-03-20) | 80.21% | 1.28% | 1.09x |
| MSFT | 370.0 | 2.17 | 401.14 | 15 (2026-02-27) | 86.48% | 0.59% | 1.09x |
| MSFT | 375.0 | 8.5 | 401.14 | 50 (2026-04-17) | 73.33% | 2.27% | 1.09x |
| MSFT | 370.0 | 11.9 | 401.14 | 70 (2026-05-15) | 72.44% | 3.22% | 1.09x |
| MSFT | 370.0 | 2.8 | 401.14 | 20 (2026-03-06) | 84.54% | 0.76% | 1.08x |
| MSFT | 375.0 | 0.63 | 401.14 | 5 (2026-02-13) | 92.67% | 0.17% | 1.08x |
| MSFT | 370.0 | 7.5 | 401.14 | 50 (2026-04-17) | 76.33% | 2.03% | 1.08x |
| MSFT | 365.0 | 4.05 | 401.14 | 30 (2026-03-20) | 82.99% | 1.11% | 1.08x |
| MSFT | 370.0 | 1.22 | 401.14 | 10 (2026-02-20) | 90.22% | 0.33% | 1.08x |
| MSFT | 360.0 | 9.3 | 401.14 | 70 (2026-05-15) | 77.49% | 2.58% | 1.07x |
| MSFT | 365.0 | 3.0 | 401.14 | 25 (2026-03-13) | 85.38% | 0.82% | 1.07x |
| MSFT | 365.0 | 6.3 | 401.14 | 50 (2026-04-17) | 79.40% | 1.73% | 1.07x |
| MSFT | 365.0 | 2.18 | 401.14 | 20 (2026-03-06) | 87.62% | 0.60% | 1.07x |
| MSFT | 365.0 | 1.57 | 401.14 | 15 (2026-02-27) | 89.70% | 0.43% | 1.07x |
| MSFT | 360.0 | 3.2 | 401.14 | 30 (2026-03-20) | 85.95% | 0.89% | 1.07x |
| MSFT | 360.0 | 5.5 | 401.14 | 50 (2026-04-17) | 81.78% | 1.53% | 1.06x |
| MSFT | 350.0 | 7.3 | 401.14 | 70 (2026-05-15) | 81.68% | 2.09% | 1.06x |
| MSFT | 365.0 | 0.92 | 401.14 | 10 (2026-02-20) | 92.58% | 0.25% | 1.06x |
| MSFT | 355.0 | 4.75 | 401.14 | 50 (2026-04-17) | 84.05% | 1.34% | 1.06x |
| MSFT | 355.0 | 2.63 | 401.14 | 30 (2026-03-20) | 88.24% | 0.74% | 1.06x |
| MSFT | 360.0 | 1.7 | 401.14 | 20 (2026-03-06) | 90.24% | 0.47% | 1.06x |
| MSFT | 360.0 | 1.25 | 401.14 | 15 (2026-02-27) | 91.78% | 0.35% | 1.05x |
| MSFT | 340.0 | 5.65 | 401.14 | 70 (2026-05-15) | 85.39% | 1.66% | 1.05x |
| MSFT | 355.0 | 1.4 | 401.14 | 20 (2026-03-06) | 91.74% | 0.39% | 1.05x |
| MSFT | 330.0 | 4.4 | 401.14 | 70 (2026-05-15) | 88.36% | 1.33% | 1.04x |
| MSFT | 320.0 | 3.3 | 401.14 | 70 (2026-05-15) | 91.07% | 1.03% | 1.03x |
| MSFT | 310.0 | 2.45 | 401.14 | 70 (2026-05-15) | 93.12% | 0.79% | 1.03x |