Recommendation: ST
Current Price: $492.43
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 | 490.0 | 6.15 | 492.43 | 8 (2026-08-21) | 56.22% | 1.26% | 1.25x |
| MSFT | 490.0 | 3.4 | 492.43 | 4 (2026-08-17) | 59.15% | 0.69% | 1.23x |
| MSFT | 485.0 | 4.5 | 492.43 | 8 (2026-08-21) | 65.95% | 0.93% | 1.21x |
| MSFT | 490.0 | 8.75 | 492.43 | 13 (2026-08-28) | 55.15% | 1.79% | 1.21x |
| MSFT | 487.5 | 2.71 | 492.43 | 4 (2026-08-17) | 66.53% | 0.56% | 1.20x |
| MSFT | 485.0 | 6.8 | 492.43 | 13 (2026-08-28) | 62.74% | 1.40% | 1.19x |
| MSFT | 490.0 | 10.7 | 492.43 | 18 (2026-09-04) | 54.75% | 2.18% | 1.18x |
| MSFT | 482.5 | 2.51 | 492.43 | 6 (2026-08-19) | 74.27% | 0.52% | 1.18x |
| MSFT | 485.0 | 2.06 | 492.43 | 4 (2026-08-17) | 73.22% | 0.42% | 1.17x |
| MSFT | 480.0 | 3.15 | 492.43 | 8 (2026-08-21) | 74.36% | 0.66% | 1.17x |
| MSFT | 485.0 | 8.6 | 492.43 | 18 (2026-09-04) | 61.21% | 1.77% | 1.16x |
| MSFT | 480.0 | 5.15 | 492.43 | 13 (2026-08-28) | 69.75% | 1.07% | 1.16x |
| MSFT | 490.0 | 11.9 | 492.43 | 23 (2026-09-11) | 54.63% | 2.43% | 1.16x |
| MSFT | 490.0 | 13.9 | 492.43 | 28 (2026-09-18) | 54.47% | 2.84% | 1.15x |
| MSFT | 485.0 | 10.0 | 492.43 | 23 (2026-09-11) | 60.38% | 2.06% | 1.15x |
| MSFT | 480.0 | 6.95 | 492.43 | 18 (2026-09-04) | 67.14% | 1.45% | 1.15x |
| MSFT | 485.0 | 11.85 | 492.43 | 28 (2026-09-18) | 59.53% | 2.44% | 1.14x |
| MSFT | 487.5 | 1.78 | 492.43 | 3 (2026-08-14) | 70.47% | 0.37% | 1.14x |
| MSFT | 490.0 | 15.05 | 492.43 | 33 (2026-09-25) | 54.45% | 3.07% | 1.14x |
| MSFT | 482.5 | 1.53 | 492.43 | 4 (2026-08-17) | 79.00% | 0.32% | 1.13x |
| MSFT | 480.0 | 8.2 | 492.43 | 23 (2026-09-11) | 65.80% | 1.71% | 1.13x |
| MSFT | 475.0 | 3.95 | 492.43 | 13 (2026-08-28) | 75.70% | 0.83% | 1.13x |
| MSFT | 475.0 | 2.24 | 492.43 | 8 (2026-08-21) | 80.92% | 0.47% | 1.13x |
| MSFT | 480.0 | 9.95 | 492.43 | 28 (2026-09-18) | 64.39% | 2.07% | 1.13x |
| MSFT | 475.0 | 5.4 | 492.43 | 18 (2026-09-04) | 72.83% | 1.14% | 1.12x |
| MSFT | 480.0 | 11.15 | 492.43 | 33 (2026-09-25) | 63.63% | 2.32% | 1.12x |
| MSFT | 477.5 | 1.52 | 492.43 | 6 (2026-08-19) | 82.88% | 0.32% | 1.12x |
| MSFT | 475.0 | 6.8 | 492.43 | 23 (2026-09-11) | 70.65% | 1.43% | 1.12x |
| MSFT | 475.0 | 8.4 | 492.43 | 28 (2026-09-18) | 68.88% | 1.77% | 1.12x |
| MSFT | 485.0 | 1.27 | 492.43 | 3 (2026-08-14) | 77.90% | 0.26% | 1.11x |
| MSFT | 475.0 | 9.45 | 492.43 | 33 (2026-09-25) | 67.92% | 1.99% | 1.11x |
| MSFT | 480.0 | 1.16 | 492.43 | 4 (2026-08-17) | 83.51% | 0.24% | 1.11x |
| MSFT | 470.0 | 3.0 | 492.43 | 13 (2026-08-28) | 80.62% | 0.64% | 1.10x |
| MSFT | 470.0 | 4.25 | 492.43 | 18 (2026-09-04) | 77.62% | 0.90% | 1.10x |
| MSFT | 470.0 | 7.0 | 492.43 | 28 (2026-09-18) | 73.09% | 1.49% | 1.10x |
| MSFT | 470.0 | 5.4 | 492.43 | 23 (2026-09-11) | 75.48% | 1.15% | 1.10x |
| MSFT | 470.0 | 8.0 | 492.43 | 33 (2026-09-25) | 71.89% | 1.70% | 1.10x |
| MSFT | 470.0 | 1.53 | 492.43 | 8 (2026-08-21) | 86.28% | 0.33% | 1.09x |
| MSFT | 465.0 | 5.8 | 492.43 | 28 (2026-09-18) | 76.87% | 1.25% | 1.09x |
| MSFT | 465.0 | 6.85 | 492.43 | 33 (2026-09-25) | 75.37% | 1.47% | 1.09x |
| MSFT | 465.0 | 3.35 | 492.43 | 18 (2026-09-04) | 81.74% | 0.72% | 1.09x |
| MSFT | 465.0 | 2.21 | 492.43 | 13 (2026-08-28) | 85.13% | 0.48% | 1.08x |
| MSFT | 477.5 | 0.84 | 492.43 | 4 (2026-08-17) | 87.47% | 0.18% | 1.08x |
| MSFT | 472.5 | 0.96 | 492.43 | 6 (2026-08-19) | 88.66% | 0.20% | 1.08x |
| MSFT | 460.0 | 4.8 | 492.43 | 28 (2026-09-18) | 80.27% | 1.04% | 1.08x |
| MSFT | 460.0 | 5.75 | 492.43 | 33 (2026-09-25) | 78.68% | 1.25% | 1.08x |
| MSFT | 482.5 | 0.81 | 492.43 | 3 (2026-08-14) | 84.62% | 0.17% | 1.07x |
| MSFT | 460.0 | 3.55 | 492.43 | 23 (2026-09-11) | 82.82% | 0.77% | 1.07x |
| MSFT | 460.0 | 2.7 | 492.43 | 18 (2026-09-04) | 85.05% | 0.59% | 1.07x |
| MSFT | 465.0 | 1.1 | 492.43 | 8 (2026-08-21) | 89.74% | 0.24% | 1.07x |
| MSFT | 455.0 | 4.8 | 492.43 | 33 (2026-09-25) | 81.71% | 1.05% | 1.07x |
| MSFT | 455.0 | 3.95 | 492.43 | 28 (2026-09-18) | 83.29% | 0.87% | 1.07x |
| MSFT | 460.0 | 1.65 | 492.43 | 13 (2026-08-28) | 88.53% | 0.36% | 1.06x |
| MSFT | 455.0 | 2.82 | 492.43 | 23 (2026-09-11) | 85.89% | 0.62% | 1.06x |
| MSFT | 450.0 | 4.0 | 492.43 | 33 (2026-09-25) | 84.34% | 0.89% | 1.06x |
| MSFT | 455.0 | 2.08 | 492.43 | 18 (2026-09-04) | 88.03% | 0.46% | 1.06x |
| MSFT | 450.0 | 3.25 | 492.43 | 28 (2026-09-18) | 85.90% | 0.72% | 1.06x |
| MSFT | 480.0 | 0.55 | 492.43 | 3 (2026-08-14) | 89.07% | 0.11% | 1.05x |
| MSFT | 467.5 | 0.61 | 492.43 | 6 (2026-08-19) | 92.53% | 0.13% | 1.05x |
| MSFT | 445.0 | 3.35 | 492.43 | 33 (2026-09-25) | 86.60% | 0.75% | 1.05x |
| MSFT | 450.0 | 2.27 | 492.43 | 23 (2026-09-11) | 88.39% | 0.50% | 1.05x |
| MSFT | 455.0 | 1.25 | 492.43 | 13 (2026-08-28) | 91.12% | 0.27% | 1.05x |
| MSFT | 445.0 | 2.73 | 492.43 | 28 (2026-09-18) | 88.01% | 0.61% | 1.05x |
| MSFT | 460.0 | 0.72 | 492.43 | 8 (2026-08-21) | 93.07% | 0.16% | 1.05x |
| MSFT | 445.0 | 1.83 | 492.43 | 23 (2026-09-11) | 90.46% | 0.41% | 1.04x |
| MSFT | 450.0 | 0.95 | 492.43 | 13 (2026-08-28) | 93.13% | 0.21% | 1.04x |
| MSFT | 470.0 | 0.37 | 492.43 | 4 (2026-08-17) | 94.19% | 0.08% | 1.04x |
| MSFT | 445.0 | 1.27 | 492.43 | 18 (2026-09-04) | 92.36% | 0.29% | 1.04x |
| MSFT | 477.5 | 0.37 | 492.43 | 3 (2026-08-14) | 92.42% | 0.08% | 1.04x |
| MSFT | 455.0 | 0.52 | 492.43 | 8 (2026-08-21) | 94.92% | 0.11% | 1.03x |
| MSFT | 475.0 | 0.26 | 492.43 | 3 (2026-08-14) | 94.56% | 0.05% | 1.03x |
| MSFT | 450.0 | 0.38 | 492.43 | 8 (2026-08-21) | 96.29% | 0.08% | 1.03x |
| MSFT | 445.0 | 0.26 | 492.43 | 8 (2026-08-21) | 97.44% | 0.06% | 1.02x |
| MSFT | 467.5 | 0.01 | 492.43 | 1 (2026-08-12) | 99.77% | 0.00% | 1.00x |
| MSFT | 470.0 | 0.01 | 492.43 | 1 (2026-08-12) | 99.79% | 0.00% | 1.00x |
| MSFT | 472.5 | 0.01 | 492.43 | 1 (2026-08-12) | 99.44% | 0.00% | 1.00x |
| MSFT | 475.0 | 0.01 | 492.43 | 1 (2026-08-12) | 99.42% | 0.00% | 1.00x |
| MSFT | 477.5 | 0.01 | 492.43 | 1 (2026-08-12) | 99.41% | 0.00% | 1.00x |
| MSFT | 480.0 | 0.01 | 492.43 | 1 (2026-08-12) | 99.39% | 0.00% | 1.00x |
| MSFT | 482.5 | 0.01 | 492.43 | 1 (2026-08-12) | 99.38% | 0.00% | 1.00x |
| MSFT | 485.0 | 0.01 | 492.43 | 1 (2026-08-12) | 99.35% | 0.00% | 1.00x |
| MSFT | 487.5 | 0.01 | 492.43 | 1 (2026-08-12) | 98.59% | 0.00% | 1.00x |