Recommendation: ST
Current Price: $436.17
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 | 435.0 | 3.95 | 436.17 | 4 (2025-05-09) | 54.79% | 0.91% | 1.28x |
MSFT | 435.0 | 6.6 | 436.17 | 9 (2025-05-16) | 53.65% | 1.52% | 1.25x |
MSFT | 432.5 | 3.0 | 436.17 | 4 (2025-05-09) | 63.13% | 0.69% | 1.25x |
MSFT | 432.5 | 5.6 | 436.17 | 9 (2025-05-16) | 58.99% | 1.29% | 1.24x |
MSFT | 430.0 | 4.75 | 436.17 | 9 (2025-05-16) | 63.93% | 1.10% | 1.22x |
MSFT | 430.0 | 2.32 | 436.17 | 4 (2025-05-09) | 70.21% | 0.54% | 1.21x |
MSFT | 435.0 | 8.35 | 436.17 | 14 (2025-05-23) | 53.39% | 1.92% | 1.20x |
MSFT | 427.5 | 4.0 | 436.17 | 9 (2025-05-16) | 68.55% | 0.94% | 1.20x |
MSFT | 430.0 | 6.45 | 436.17 | 14 (2025-05-23) | 61.77% | 1.50% | 1.18x |
MSFT | 425.0 | 3.35 | 436.17 | 9 (2025-05-16) | 72.76% | 0.79% | 1.17x |
MSFT | 427.5 | 1.72 | 436.17 | 4 (2025-05-09) | 76.60% | 0.40% | 1.17x |
MSFT | 435.0 | 9.55 | 436.17 | 19 (2025-05-30) | 53.34% | 2.20% | 1.17x |
MSFT | 422.5 | 2.8 | 436.17 | 9 (2025-05-16) | 76.44% | 0.66% | 1.15x |
MSFT | 425.0 | 4.8 | 436.17 | 14 (2025-05-23) | 69.51% | 1.13% | 1.15x |
MSFT | 430.0 | 7.39 | 436.17 | 19 (2025-05-30) | 60.95% | 1.72% | 1.15x |
MSFT | 435.0 | 10.7 | 436.17 | 24 (2025-06-06) | 53.34% | 2.46% | 1.15x |
MSFT | 435.0 | 11.91 | 436.17 | 29 (2025-06-13) | 53.36% | 2.74% | 1.13x |
MSFT | 430.0 | 8.6 | 436.17 | 24 (2025-06-06) | 60.10% | 2.00% | 1.13x |
MSFT | 425.0 | 1.3 | 436.17 | 4 (2025-05-09) | 81.42% | 0.31% | 1.13x |
MSFT | 420.0 | 2.35 | 436.17 | 9 (2025-05-16) | 79.85% | 0.56% | 1.13x |
MSFT | 425.0 | 5.7 | 436.17 | 19 (2025-05-30) | 67.95% | 1.34% | 1.13x |
MSFT | 430.0 | 10.05 | 436.17 | 29 (2025-06-13) | 59.36% | 2.34% | 1.13x |
MSFT | 425.0 | 7.2 | 436.17 | 24 (2025-06-06) | 66.07% | 1.69% | 1.12x |
MSFT | 435.0 | 12.82 | 436.17 | 34 (2025-06-20) | 53.40% | 2.95% | 1.12x |
MSFT | 430.0 | 11.0 | 436.17 | 34 (2025-06-20) | 59.00% | 2.56% | 1.12x |
MSFT | 420.0 | 3.3 | 436.17 | 14 (2025-05-23) | 76.65% | 0.79% | 1.11x |
MSFT | 420.0 | 4.49 | 436.17 | 19 (2025-05-30) | 73.87% | 1.07% | 1.11x |
MSFT | 425.0 | 9.38 | 436.17 | 34 (2025-06-20) | 64.12% | 2.21% | 1.11x |
MSFT | 420.0 | 5.85 | 436.17 | 24 (2025-06-06) | 71.44% | 1.39% | 1.11x |
MSFT | 425.0 | 7.8 | 436.17 | 29 (2025-06-13) | 65.43% | 1.84% | 1.11x |
MSFT | 422.5 | 0.99 | 436.17 | 4 (2025-05-09) | 85.67% | 0.23% | 1.11x |
MSFT | 415.0 | 2.83 | 436.17 | 14 (2025-05-23) | 80.82% | 0.68% | 1.10x |
MSFT | 417.5 | 1.76 | 436.17 | 9 (2025-05-16) | 83.72% | 0.42% | 1.10x |
MSFT | 415.0 | 1.67 | 436.17 | 9 (2025-05-16) | 85.21% | 0.40% | 1.10x |
MSFT | 435.0 | 16.5 | 436.17 | 54 (2025-07-18) | 53.65% | 3.79% | 1.10x |
MSFT | 420.0 | 7.75 | 436.17 | 34 (2025-06-20) | 69.02% | 1.85% | 1.10x |
MSFT | 430.0 | 14.85 | 436.17 | 54 (2025-07-18) | 58.03% | 3.45% | 1.10x |
MSFT | 415.0 | 3.61 | 436.17 | 19 (2025-05-30) | 78.66% | 0.87% | 1.09x |
MSFT | 415.0 | 4.68 | 436.17 | 24 (2025-06-06) | 76.30% | 1.13% | 1.09x |
MSFT | 420.0 | 6.15 | 436.17 | 29 (2025-06-13) | 71.02% | 1.46% | 1.09x |
MSFT | 435.0 | 21.3 | 436.17 | 74 (2025-08-15) E | 54.02% | 4.90% | 1.09x |
MSFT | 425.0 | 13.0 | 436.17 | 54 (2025-07-18) | 62.19% | 3.06% | 1.09x |
MSFT | 412.5 | 1.44 | 436.17 | 9 (2025-05-16) | 87.18% | 0.35% | 1.09x |
MSFT | 415.0 | 6.47 | 436.17 | 34 (2025-06-20) | 73.36% | 1.56% | 1.09x |
MSFT | 430.0 | 18.25 | 436.17 | 74 (2025-08-15) E | 57.64% | 4.24% | 1.09x |
MSFT | 420.0 | 11.22 | 436.17 | 54 (2025-07-18) | 66.19% | 2.67% | 1.09x |
MSFT | 420.0 | 15.5 | 436.17 | 74 (2025-08-15) E | 64.13% | 3.69% | 1.08x |
MSFT | 415.0 | 5.04 | 436.17 | 29 (2025-06-13) | 75.63% | 1.21% | 1.08x |
MSFT | 410.0 | 2.13 | 436.17 | 14 (2025-05-23) | 85.09% | 0.52% | 1.08x |
MSFT | 420.0 | 0.73 | 436.17 | 4 (2025-05-09) | 89.08% | 0.17% | 1.08x |
MSFT | 425.0 | 16.05 | 436.17 | 74 (2025-08-15) E | 61.24% | 3.78% | 1.08x |
MSFT | 410.0 | 5.6 | 436.17 | 34 (2025-06-20) | 76.92% | 1.37% | 1.08x |
MSFT | 415.0 | 9.85 | 436.17 | 54 (2025-07-18) | 69.78% | 2.37% | 1.08x |
MSFT | 410.0 | 2.78 | 436.17 | 19 (2025-05-30) | 82.97% | 0.68% | 1.08x |
MSFT | 415.0 | 13.5 | 436.17 | 74 (2025-08-15) E | 67.43% | 3.25% | 1.08x |
MSFT | 410.0 | 4.35 | 436.17 | 29 (2025-06-13) | 79.14% | 1.06% | 1.08x |
MSFT | 410.0 | 3.48 | 436.17 | 24 (2025-06-06) | 81.08% | 0.85% | 1.07x |
MSFT | 410.0 | 8.65 | 436.17 | 54 (2025-07-18) | 73.07% | 2.11% | 1.07x |
MSFT | 410.0 | 12.32 | 436.17 | 74 (2025-08-15) E | 70.18% | 3.00% | 1.07x |
MSFT | 430.0 | 21.15 | 436.17 | 99 (2025-09-19) E | 57.54% | 4.92% | 1.07x |
MSFT | 420.0 | 18.32 | 436.17 | 99 (2025-09-19) E | 63.35% | 4.36% | 1.07x |
MSFT | 405.0 | 4.65 | 436.17 | 34 (2025-06-20) | 80.31% | 1.15% | 1.07x |
MSFT | 405.0 | 3.15 | 436.17 | 24 (2025-06-06) | 83.55% | 0.78% | 1.07x |
MSFT | 405.0 | 11.02 | 436.17 | 74 (2025-08-15) E | 72.90% | 2.72% | 1.07x |
MSFT | 405.0 | 7.55 | 436.17 | 54 (2025-07-18) | 76.10% | 1.86% | 1.07x |
MSFT | 405.0 | 2.29 | 436.17 | 19 (2025-05-30) | 86.01% | 0.57% | 1.07x |
MSFT | 400.0 | 10.0 | 436.17 | 74 (2025-08-15) E | 75.27% | 2.50% | 1.07x |
MSFT | 405.0 | 3.57 | 436.17 | 29 (2025-06-13) | 82.54% | 0.88% | 1.07x |
MSFT | 410.0 | 14.89 | 436.17 | 99 (2025-09-19) E | 68.84% | 3.63% | 1.06x |
MSFT | 405.0 | 1.58 | 436.17 | 14 (2025-05-23) | 88.61% | 0.39% | 1.06x |
MSFT | 417.5 | 0.55 | 436.17 | 4 (2025-05-09) | 91.59% | 0.13% | 1.06x |
MSFT | 400.0 | 3.93 | 436.17 | 34 (2025-06-20) | 83.15% | 0.98% | 1.06x |
MSFT | 400.0 | 6.32 | 436.17 | 54 (2025-07-18) | 79.21% | 1.58% | 1.06x |
MSFT | 400.0 | 12.47 | 436.17 | 99 (2025-09-19) E | 73.53% | 3.12% | 1.06x |
MSFT | 395.0 | 8.52 | 436.17 | 74 (2025-08-15) E | 78.03% | 2.16% | 1.06x |
MSFT | 400.0 | 2.5 | 436.17 | 24 (2025-06-06) | 86.70% | 0.63% | 1.06x |
MSFT | 390.0 | 8.09 | 436.17 | 74 (2025-08-15) E | 79.67% | 2.07% | 1.06x |
MSFT | 400.0 | 1.35 | 436.17 | 14 (2025-05-23) | 90.53% | 0.34% | 1.06x |
MSFT | 395.0 | 3.39 | 436.17 | 34 (2025-06-20) | 85.47% | 0.86% | 1.06x |
MSFT | 400.0 | 1.84 | 436.17 | 19 (2025-05-30) | 88.69% | 0.46% | 1.06x |
MSFT | 395.0 | 5.63 | 436.17 | 54 (2025-07-18) | 81.48% | 1.43% | 1.06x |
MSFT | 400.0 | 2.89 | 436.17 | 29 (2025-06-13) | 85.56% | 0.72% | 1.06x |
MSFT | 390.0 | 9.97 | 436.17 | 99 (2025-09-19) E | 77.98% | 2.56% | 1.05x |
MSFT | 390.0 | 5.05 | 436.17 | 54 (2025-07-18) | 83.46% | 1.29% | 1.05x |
MSFT | 415.0 | 0.44 | 436.17 | 4 (2025-05-09) | 93.25% | 0.11% | 1.05x |
MSFT | 395.0 | 2.55 | 436.17 | 29 (2025-06-13) | 87.49% | 0.65% | 1.05x |
MSFT | 390.0 | 2.92 | 436.17 | 34 (2025-06-20) | 87.46% | 0.75% | 1.05x |
MSFT | 395.0 | 1.14 | 436.17 | 14 (2025-05-23) | 92.21% | 0.29% | 1.05x |
MSFT | 380.0 | 8.67 | 436.17 | 99 (2025-09-19) E | 81.18% | 2.28% | 1.05x |
MSFT | 390.0 | 2.33 | 436.17 | 29 (2025-06-13) | 88.95% | 0.60% | 1.05x |
MSFT | 395.0 | 1.92 | 436.17 | 24 (2025-06-06) | 89.34% | 0.49% | 1.05x |
MSFT | 412.5 | 0.36 | 436.17 | 4 (2025-05-09) | 94.55% | 0.09% | 1.04x |
MSFT | 390.0 | 0.95 | 436.17 | 14 (2025-05-23) | 93.57% | 0.24% | 1.04x |
MSFT | 395.0 | 1.32 | 436.17 | 19 (2025-05-30) | 91.47% | 0.33% | 1.04x |
MSFT | 390.0 | 1.64 | 436.17 | 24 (2025-06-06) | 90.97% | 0.42% | 1.04x |
MSFT | 370.0 | 6.9 | 436.17 | 99 (2025-09-19) E | 84.53% | 1.86% | 1.04x |
MSFT | 390.0 | 1.15 | 436.17 | 19 (2025-05-30) | 92.76% | 0.29% | 1.04x |
MSFT | 360.0 | 5.85 | 436.17 | 99 (2025-09-19) E | 86.98% | 1.63% | 1.04x |
MSFT | 350.0 | 4.65 | 436.17 | 99 (2025-09-19) E | 89.41% | 1.33% | 1.03x |
MSFT | 340.0 | 4.0 | 436.17 | 99 (2025-09-19) E | 90.98% | 1.18% | 1.03x |