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 | 5.3 | 492.43 | 6 (2026-08-19) | 56.77% | 1.08% | 1.29x |
| MSFT | 490.0 | 6.8 | 492.43 | 8 (2026-08-21) | 55.84% | 1.39% | 1.28x |
| MSFT | 490.0 | 3.85 | 492.43 | 4 (2026-08-17) | 58.36% | 0.79% | 1.26x |
| MSFT | 485.0 | 5.05 | 492.43 | 8 (2026-08-21) | 64.97% | 1.04% | 1.24x |
| MSFT | 490.0 | 9.5 | 492.43 | 13 (2026-08-28) | 54.94% | 1.94% | 1.23x |
| MSFT | 487.5 | 3.0 | 492.43 | 4 (2026-08-17) | 65.66% | 0.62% | 1.23x |
| MSFT | 485.0 | 3.35 | 492.43 | 6 (2026-08-19) | 68.54% | 0.69% | 1.22x |
| MSFT | 485.0 | 7.25 | 492.43 | 13 (2026-08-28) | 62.28% | 1.49% | 1.20x |
| MSFT | 490.0 | 2.9 | 492.43 | 3 (2026-08-14) | 60.15% | 0.59% | 1.20x |
| MSFT | 490.0 | 11.15 | 492.43 | 18 (2026-09-04) | 54.67% | 2.28% | 1.19x |
| MSFT | 480.0 | 3.55 | 492.43 | 8 (2026-08-21) | 73.21% | 0.74% | 1.19x |
| MSFT | 482.5 | 2.65 | 492.43 | 6 (2026-08-19) | 73.72% | 0.55% | 1.18x |
| MSFT | 485.0 | 2.26 | 492.43 | 4 (2026-08-17) | 72.31% | 0.47% | 1.18x |
| MSFT | 485.0 | 9.05 | 492.43 | 18 (2026-09-04) | 60.90% | 1.87% | 1.17x |
| MSFT | 480.0 | 5.6 | 492.43 | 13 (2026-08-28) | 69.02% | 1.17% | 1.17x |
| MSFT | 480.0 | 2.26 | 492.43 | 6 (2026-08-19) | 77.53% | 0.47% | 1.17x |
| MSFT | 490.0 | 12.25 | 492.43 | 23 (2026-09-11) | 54.58% | 2.50% | 1.16x |
| MSFT | 490.0 | 14.45 | 492.43 | 28 (2026-09-18) | 54.42% | 2.95% | 1.15x |
| MSFT | 480.0 | 7.4 | 492.43 | 18 (2026-09-04) | 66.64% | 1.54% | 1.15x |
| MSFT | 485.0 | 10.1 | 492.43 | 23 (2026-09-11) | 60.32% | 2.08% | 1.15x |
| MSFT | 482.5 | 1.66 | 492.43 | 4 (2026-08-17) | 78.24% | 0.34% | 1.15x |
| MSFT | 485.0 | 12.15 | 492.43 | 28 (2026-09-18) | 59.41% | 2.51% | 1.14x |
| MSFT | 490.0 | 15.3 | 492.43 | 33 (2026-09-25) | 54.43% | 3.12% | 1.14x |
| MSFT | 475.0 | 2.4 | 492.43 | 8 (2026-08-21) | 80.44% | 0.51% | 1.14x |
| MSFT | 480.0 | 8.5 | 492.43 | 23 (2026-09-11) | 65.59% | 1.77% | 1.13x |
| MSFT | 480.0 | 10.45 | 492.43 | 28 (2026-09-18) | 64.04% | 2.18% | 1.13x |
| MSFT | 475.0 | 4.0 | 492.43 | 13 (2026-08-28) | 75.70% | 0.84% | 1.13x |
| MSFT | 475.0 | 5.7 | 492.43 | 18 (2026-09-04) | 72.23% | 1.20% | 1.13x |
| MSFT | 485.0 | 1.5 | 492.43 | 3 (2026-08-14) | 76.29% | 0.31% | 1.13x |
| MSFT | 475.0 | 8.6 | 492.43 | 28 (2026-09-18) | 68.70% | 1.81% | 1.12x |
| MSFT | 480.0 | 10.95 | 492.43 | 33 (2026-09-25) | 63.76% | 2.28% | 1.12x |
| MSFT | 475.0 | 6.75 | 492.43 | 23 (2026-09-11) | 70.77% | 1.42% | 1.12x |
| MSFT | 470.0 | 3.15 | 492.43 | 13 (2026-08-28) | 80.32% | 0.67% | 1.11x |
| MSFT | 475.0 | 9.45 | 492.43 | 33 (2026-09-25) | 67.92% | 1.99% | 1.11x |
| MSFT | 470.0 | 4.45 | 492.43 | 18 (2026-09-04) | 77.20% | 0.95% | 1.11x |
| MSFT | 470.0 | 7.25 | 492.43 | 28 (2026-09-18) | 72.74% | 1.54% | 1.11x |
| MSFT | 470.0 | 1.71 | 492.43 | 8 (2026-08-21) | 85.43% | 0.36% | 1.10x |
| MSFT | 470.0 | 5.55 | 492.43 | 23 (2026-09-11) | 75.17% | 1.18% | 1.10x |
| MSFT | 470.0 | 7.85 | 492.43 | 33 (2026-09-25) | 72.04% | 1.67% | 1.10x |
| MSFT | 465.0 | 6.05 | 492.43 | 28 (2026-09-18) | 76.48% | 1.30% | 1.09x |
| MSFT | 465.0 | 4.65 | 492.43 | 23 (2026-09-11) | 78.85% | 1.00% | 1.09x |
| MSFT | 465.0 | 7.0 | 492.43 | 33 (2026-09-25) | 75.19% | 1.51% | 1.09x |
| MSFT | 465.0 | 2.44 | 492.43 | 13 (2026-08-28) | 84.36% | 0.52% | 1.09x |
| MSFT | 465.0 | 3.45 | 492.43 | 18 (2026-09-04) | 81.49% | 0.74% | 1.09x |
| MSFT | 482.5 | 0.95 | 492.43 | 3 (2026-08-14) | 83.23% | 0.20% | 1.09x |
| MSFT | 460.0 | 5.0 | 492.43 | 28 (2026-09-18) | 79.93% | 1.09% | 1.08x |
| MSFT | 460.0 | 5.8 | 492.43 | 33 (2026-09-25) | 78.60% | 1.26% | 1.08x |
| MSFT | 460.0 | 3.65 | 492.43 | 23 (2026-09-11) | 82.60% | 0.79% | 1.07x |
| MSFT | 460.0 | 2.78 | 492.43 | 18 (2026-09-04) | 84.78% | 0.60% | 1.07x |
| MSFT | 465.0 | 1.16 | 492.43 | 8 (2026-08-21) | 89.61% | 0.25% | 1.07x |
| MSFT | 455.0 | 4.1 | 492.43 | 28 (2026-09-18) | 82.95% | 0.90% | 1.07x |
| MSFT | 480.0 | 0.72 | 492.43 | 3 (2026-08-14) | 87.21% | 0.15% | 1.07x |
| MSFT | 460.0 | 1.77 | 492.43 | 13 (2026-08-28) | 88.05% | 0.38% | 1.07x |
| MSFT | 455.0 | 4.8 | 492.43 | 33 (2026-09-25) | 81.71% | 1.05% | 1.07x |
| MSFT | 455.0 | 2.9 | 492.43 | 23 (2026-09-11) | 85.78% | 0.64% | 1.06x |
| MSFT | 475.0 | 0.62 | 492.43 | 4 (2026-08-17) | 90.52% | 0.13% | 1.06x |
| MSFT | 450.0 | 3.45 | 492.43 | 28 (2026-09-18) | 85.44% | 0.77% | 1.06x |
| MSFT | 455.0 | 2.16 | 492.43 | 18 (2026-09-04) | 87.78% | 0.47% | 1.06x |
| MSFT | 450.0 | 4.0 | 492.43 | 33 (2026-09-25) | 84.34% | 0.89% | 1.06x |
| MSFT | 467.5 | 0.68 | 492.43 | 6 (2026-08-19) | 92.02% | 0.15% | 1.06x |
| MSFT | 445.0 | 3.6 | 492.43 | 33 (2026-09-25) | 86.17% | 0.81% | 1.05x |
| MSFT | 455.0 | 1.37 | 492.43 | 13 (2026-08-28) | 90.61% | 0.30% | 1.05x |
| MSFT | 460.0 | 0.79 | 492.43 | 8 (2026-08-21) | 92.66% | 0.17% | 1.05x |
| MSFT | 445.0 | 2.71 | 492.43 | 28 (2026-09-18) | 88.05% | 0.61% | 1.05x |
| MSFT | 450.0 | 1.69 | 492.43 | 18 (2026-09-04) | 90.19% | 0.38% | 1.05x |
| MSFT | 477.5 | 0.48 | 492.43 | 3 (2026-08-14) | 90.99% | 0.10% | 1.05x |
| MSFT | 445.0 | 2.0 | 492.43 | 23 (2026-09-11) | 90.01% | 0.45% | 1.05x |
| MSFT | 450.0 | 1.03 | 492.43 | 13 (2026-08-28) | 92.78% | 0.23% | 1.04x |
| MSFT | 445.0 | 1.34 | 492.43 | 18 (2026-09-04) | 92.11% | 0.30% | 1.04x |
| MSFT | 455.0 | 0.57 | 492.43 | 8 (2026-08-21) | 94.62% | 0.13% | 1.04x |
| MSFT | 475.0 | 0.33 | 492.43 | 3 (2026-08-14) | 93.61% | 0.07% | 1.03x |
| MSFT | 445.0 | 0.73 | 492.43 | 13 (2026-08-28) | 94.67% | 0.16% | 1.03x |
| MSFT | 467.5 | 0.29 | 492.43 | 4 (2026-08-17) | 95.40% | 0.06% | 1.03x |
| MSFT | 472.5 | 0.22 | 492.43 | 3 (2026-08-14) | 95.52% | 0.05% | 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 |