Recommendation: ST
Current Price: $409.43
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 | 407.5 | 6.4 | 409.43 | 6 (2026-05-22) | 55.21% | 1.57% | 1.44x |
| MSFT | 407.5 | 4.85 | 409.43 | 4 (2026-05-20) | 56.11% | 1.19% | 1.40x |
| MSFT | 405.0 | 5.34 | 409.43 | 6 (2026-05-22) | 60.49% | 1.32% | 1.40x |
| MSFT | 402.5 | 4.38 | 409.43 | 6 (2026-05-22) | 65.63% | 1.09% | 1.35x |
| MSFT | 405.0 | 3.8 | 409.43 | 4 (2026-05-20) | 62.74% | 0.94% | 1.34x |
| MSFT | 402.5 | 2.99 | 409.43 | 4 (2026-05-20) | 68.99% | 0.74% | 1.29x |
| MSFT | 400.0 | 3.45 | 409.43 | 6 (2026-05-22) | 70.77% | 0.86% | 1.29x |
| MSFT | 405.0 | 7.45 | 409.43 | 11 (2026-05-29) | 58.69% | 1.84% | 1.28x |
| MSFT | 407.5 | 3.26 | 409.43 | 2 (2026-05-18) | 57.91% | 0.80% | 1.26x |
| MSFT | 397.5 | 2.83 | 409.43 | 6 (2026-05-22) | 75.07% | 0.71% | 1.25x |
| MSFT | 405.0 | 9.7 | 409.43 | 16 (2026-06-05) | 57.59% | 2.40% | 1.24x |
| MSFT | 400.0 | 5.55 | 409.43 | 11 (2026-05-29) | 66.55% | 1.39% | 1.23x |
| MSFT | 400.0 | 2.22 | 409.43 | 4 (2026-05-20) | 75.00% | 0.56% | 1.23x |
| MSFT | 405.0 | 2.29 | 409.43 | 2 (2026-05-18) | 67.07% | 0.57% | 1.21x |
| MSFT | 405.0 | 11.25 | 409.43 | 21 (2026-06-12) | 57.13% | 2.78% | 1.21x |
| MSFT | 395.0 | 2.25 | 409.43 | 6 (2026-05-22) | 79.15% | 0.57% | 1.21x |
| MSFT | 400.0 | 7.5 | 409.43 | 16 (2026-06-05) | 64.18% | 1.87% | 1.21x |
| MSFT | 397.5 | 1.72 | 409.43 | 4 (2026-05-20) | 79.76% | 0.43% | 1.19x |
| MSFT | 405.0 | 12.2 | 409.43 | 25 (2026-06-18) | 56.93% | 3.01% | 1.19x |
| MSFT | 395.0 | 3.92 | 409.43 | 11 (2026-05-29) | 73.97% | 0.99% | 1.18x |
| MSFT | 400.0 | 8.85 | 409.43 | 21 (2026-06-12) | 63.09% | 2.21% | 1.18x |
| MSFT | 395.0 | 5.68 | 409.43 | 16 (2026-06-05) | 70.57% | 1.44% | 1.17x |
| MSFT | 400.0 | 9.93 | 409.43 | 25 (2026-06-18) | 62.38% | 2.48% | 1.17x |
| MSFT | 392.5 | 1.7 | 409.43 | 6 (2026-05-22) | 83.22% | 0.43% | 1.16x |
| MSFT | 405.0 | 13.39 | 409.43 | 31 (2026-06-26) | 56.74% | 3.31% | 1.16x |
| MSFT | 395.0 | 7.05 | 409.43 | 21 (2026-06-12) | 68.69% | 1.78% | 1.16x |
| MSFT | 402.5 | 1.55 | 409.43 | 2 (2026-05-18) | 75.33% | 0.39% | 1.16x |
| MSFT | 400.0 | 11.21 | 409.43 | 31 (2026-06-26) | 61.71% | 2.80% | 1.15x |
| MSFT | 395.0 | 7.9 | 409.43 | 25 (2026-06-18) | 67.78% | 2.00% | 1.15x |
| MSFT | 395.0 | 1.26 | 409.43 | 4 (2026-05-20) | 84.21% | 0.32% | 1.14x |
| MSFT | 390.0 | 4.3 | 409.43 | 16 (2026-06-05) | 76.18% | 1.10% | 1.14x |
| MSFT | 390.0 | 2.75 | 409.43 | 11 (2026-05-29) | 80.27% | 0.71% | 1.14x |
| MSFT | 390.0 | 5.7 | 409.43 | 21 (2026-06-12) | 73.67% | 1.46% | 1.14x |
| MSFT | 395.0 | 9.42 | 409.43 | 31 (2026-06-26) | 66.41% | 2.38% | 1.14x |
| MSFT | 390.0 | 1.38 | 409.43 | 6 (2026-05-22) | 85.99% | 0.35% | 1.14x |
| MSFT | 405.0 | 16.9 | 409.43 | 46 (2026-07-17) | 56.42% | 4.17% | 1.14x |
| MSFT | 390.0 | 6.45 | 409.43 | 25 (2026-06-18) | 72.53% | 1.65% | 1.13x |
| MSFT | 400.0 | 14.47 | 409.43 | 46 (2026-07-17) | 60.53% | 3.62% | 1.13x |
| MSFT | 390.0 | 7.82 | 409.43 | 31 (2026-06-26) | 70.86% | 2.01% | 1.12x |
| MSFT | 395.0 | 12.45 | 409.43 | 46 (2026-07-17) | 64.53% | 3.15% | 1.12x |
| MSFT | 385.0 | 4.39 | 409.43 | 21 (2026-06-12) | 78.40% | 1.14% | 1.11x |
| MSFT | 385.0 | 3.21 | 409.43 | 16 (2026-06-05) | 81.15% | 0.83% | 1.11x |
| MSFT | 385.0 | 5.3 | 409.43 | 25 (2026-06-18) | 76.76% | 1.38% | 1.11x |
| MSFT | 387.5 | 1.1 | 409.43 | 6 (2026-05-22) | 88.78% | 0.28% | 1.11x |
| MSFT | 400.0 | 0.99 | 409.43 | 2 (2026-05-18) | 82.53% | 0.25% | 1.11x |
| MSFT | 392.5 | 0.9 | 409.43 | 4 (2026-05-20) | 87.88% | 0.23% | 1.11x |
| MSFT | 390.0 | 10.65 | 409.43 | 46 (2026-07-17) | 68.38% | 2.73% | 1.11x |
| MSFT | 385.0 | 6.28 | 409.43 | 31 (2026-06-26) | 75.20% | 1.63% | 1.10x |
| MSFT | 385.0 | 1.91 | 409.43 | 11 (2026-05-29) | 85.40% | 0.50% | 1.10x |
| MSFT | 405.0 | 1.03 | 409.43 | 1 (2026-05-15) | 74.77% | 0.25% | 1.10x |
| MSFT | 385.0 | 9.13 | 409.43 | 46 (2026-07-17) | 71.96% | 2.37% | 1.10x |
| MSFT | 380.0 | 3.41 | 409.43 | 21 (2026-06-12) | 82.44% | 0.90% | 1.09x |
| MSFT | 390.0 | 0.76 | 409.43 | 4 (2026-05-20) | 90.01% | 0.19% | 1.09x |
| MSFT | 380.0 | 4.13 | 409.43 | 25 (2026-06-18) | 80.81% | 1.09% | 1.09x |
| MSFT | 385.0 | 0.86 | 409.43 | 6 (2026-05-22) | 90.73% | 0.22% | 1.09x |
| MSFT | 380.0 | 2.41 | 409.43 | 16 (2026-06-05) | 85.18% | 0.63% | 1.09x |
| MSFT | 380.0 | 5.03 | 409.43 | 31 (2026-06-26) | 79.11% | 1.32% | 1.09x |
| MSFT | 380.0 | 7.75 | 409.43 | 46 (2026-07-17) | 75.34% | 2.04% | 1.09x |
| MSFT | 397.5 | 0.7 | 409.43 | 2 (2026-05-18) | 87.52% | 0.18% | 1.08x |
| MSFT | 375.0 | 4.22 | 409.43 | 31 (2026-06-26) | 82.17% | 1.13% | 1.08x |
| MSFT | 375.0 | 6.55 | 409.43 | 46 (2026-07-17) | 78.46% | 1.75% | 1.08x |
| MSFT | 375.0 | 3.25 | 409.43 | 25 (2026-06-18) | 84.25% | 0.87% | 1.08x |
| MSFT | 375.0 | 2.66 | 409.43 | 21 (2026-06-12) | 85.79% | 0.71% | 1.08x |
| MSFT | 380.0 | 1.29 | 409.43 | 11 (2026-05-29) | 89.50% | 0.34% | 1.07x |
| MSFT | 375.0 | 1.8 | 409.43 | 16 (2026-06-05) | 88.58% | 0.48% | 1.07x |
| MSFT | 370.0 | 5.5 | 409.43 | 46 (2026-07-17) | 81.30% | 1.49% | 1.07x |
| MSFT | 370.0 | 3.35 | 409.43 | 31 (2026-06-26) | 85.25% | 0.91% | 1.06x |
| MSFT | 370.0 | 2.59 | 409.43 | 25 (2026-06-18) | 87.09% | 0.70% | 1.06x |
| MSFT | 402.5 | 0.57 | 409.43 | 1 (2026-05-15) | 84.48% | 0.14% | 1.06x |
| MSFT | 387.5 | 0.5 | 409.43 | 4 (2026-05-20) | 92.50% | 0.13% | 1.06x |
| MSFT | 370.0 | 2.08 | 409.43 | 21 (2026-06-12) | 88.56% | 0.56% | 1.06x |
| MSFT | 365.0 | 4.57 | 409.43 | 46 (2026-07-17) | 83.96% | 1.25% | 1.06x |
| MSFT | 395.0 | 0.49 | 409.43 | 2 (2026-05-18) | 90.69% | 0.12% | 1.06x |
| MSFT | 365.0 | 2.7 | 409.43 | 31 (2026-06-26) | 87.82% | 0.74% | 1.05x |
| MSFT | 370.0 | 1.35 | 409.43 | 16 (2026-06-05) | 91.11% | 0.36% | 1.05x |
| MSFT | 385.0 | 0.42 | 409.43 | 4 (2026-05-20) | 94.13% | 0.11% | 1.05x |
| MSFT | 360.0 | 3.95 | 409.43 | 46 (2026-07-17) | 86.02% | 1.10% | 1.05x |
| MSFT | 375.0 | 0.91 | 409.43 | 11 (2026-05-29) | 92.36% | 0.24% | 1.05x |
| MSFT | 365.0 | 2.06 | 409.43 | 25 (2026-06-18) | 89.47% | 0.56% | 1.05x |
| MSFT | 365.0 | 1.58 | 409.43 | 21 (2026-06-12) | 91.01% | 0.43% | 1.05x |
| MSFT | 365.0 | 1.07 | 409.43 | 16 (2026-06-05) | 92.93% | 0.29% | 1.04x |
| MSFT | 360.0 | 2.1 | 409.43 | 31 (2026-06-26) | 90.02% | 0.58% | 1.04x |
| MSFT | 360.0 | 1.62 | 409.43 | 25 (2026-06-18) | 91.50% | 0.45% | 1.04x |
| MSFT | 400.0 | 0.34 | 409.43 | 1 (2026-05-15) | 90.23% | 0.09% | 1.04x |
| MSFT | 392.5 | 0.32 | 409.43 | 2 (2026-05-18) | 93.62% | 0.08% | 1.04x |
| MSFT | 360.0 | 1.23 | 409.43 | 21 (2026-06-12) | 92.85% | 0.34% | 1.04x |
| MSFT | 370.0 | 0.64 | 409.43 | 11 (2026-05-29) | 94.45% | 0.17% | 1.04x |
| MSFT | 360.0 | 0.8 | 409.43 | 16 (2026-06-05) | 94.73% | 0.22% | 1.03x |
| MSFT | 390.0 | 0.24 | 409.43 | 2 (2026-05-18) | 95.23% | 0.06% | 1.03x |
| MSFT | 365.0 | 0.48 | 409.43 | 11 (2026-05-29) | 95.84% | 0.13% | 1.03x |
| MSFT | 397.5 | 0.21 | 409.43 | 1 (2026-05-15) | 93.87% | 0.05% | 1.03x |
| MSFT | 387.5 | 0.18 | 409.43 | 2 (2026-05-18) | 96.48% | 0.05% | 1.02x |
| MSFT | 360.0 | 0.35 | 409.43 | 11 (2026-05-29) | 96.91% | 0.10% | 1.02x |
| MSFT | 385.0 | 0.13 | 409.43 | 2 (2026-05-18) | 97.45% | 0.03% | 1.02x |
| MSFT | 395.0 | 0.13 | 409.43 | 1 (2026-05-15) | 96.13% | 0.03% | 1.02x |
| MSFT | 392.5 | 0.09 | 409.43 | 1 (2026-05-15) | 97.34% | 0.02% | 1.01x |
| MSFT | 390.0 | 0.06 | 409.43 | 1 (2026-05-15) | 98.33% | 0.02% | 1.01x |
| MSFT | 385.0 | 0.05 | 409.43 | 1 (2026-05-15) | 98.76% | 0.01% | 1.01x |
| MSFT | 387.5 | 0.05 | 409.43 | 1 (2026-05-15) | 98.65% | 0.01% | 1.01x |