Recommendation: ST
Current Price: $533.16
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 | 532.5 | 6.65 | 533.16 | 5 (2026-11-16) | 52.32% | 1.25% | 1.39x |
| MSFT | 530.0 | 5.6 | 533.16 | 5 (2026-11-16) | 57.82% | 1.06% | 1.36x |
| MSFT | 532.5 | 5.8 | 533.16 | 4 (2026-11-13) | 52.43% | 1.09% | 1.33x |
| MSFT | 527.5 | 4.75 | 533.16 | 5 (2026-11-16) | 63.02% | 0.90% | 1.33x |
| MSFT | 532.5 | 10.25 | 533.16 | 9 (2026-11-20) | 52.18% | 1.92% | 1.32x |
| MSFT | 530.0 | 4.8 | 533.16 | 4 (2026-11-13) | 58.67% | 0.91% | 1.31x |
| MSFT | 530.0 | 9.0 | 533.16 | 9 (2026-11-20) | 55.93% | 1.70% | 1.30x |
| MSFT | 525.0 | 4.0 | 533.16 | 5 (2026-11-16) | 67.86% | 0.76% | 1.30x |
| MSFT | 532.5 | 7.3 | 533.16 | 7 (2026-11-18) | 52.30% | 1.37% | 1.29x |
| MSFT | 527.5 | 8.1 | 533.16 | 9 (2026-11-20) | 59.53% | 1.54% | 1.29x |
| MSFT | 525.0 | 7.0 | 533.16 | 9 (2026-11-20) | 63.12% | 1.33% | 1.26x |
| MSFT | 522.5 | 3.3 | 533.16 | 5 (2026-11-16) | 72.29% | 0.63% | 1.26x |
| MSFT | 522.5 | 6.4 | 533.16 | 9 (2026-11-20) | 66.21% | 1.22% | 1.25x |
| MSFT | 525.0 | 3.2 | 533.16 | 4 (2026-11-13) | 69.91% | 0.61% | 1.24x |
| MSFT | 520.0 | 5.65 | 533.16 | 9 (2026-11-20) | 69.36% | 1.09% | 1.23x |
| MSFT | 520.0 | 2.69 | 533.16 | 5 (2026-11-16) | 76.38% | 0.52% | 1.22x |
| MSFT | 517.5 | 4.95 | 533.16 | 9 (2026-11-20) | 72.36% | 0.96% | 1.21x |
| MSFT | 530.0 | 10.2 | 533.16 | 14 (2026-11-27) | 55.64% | 1.92% | 1.21x |
| MSFT | 522.5 | 2.55 | 533.16 | 4 (2026-11-13) | 74.76% | 0.49% | 1.20x |
| MSFT | 525.0 | 8.55 | 533.16 | 14 (2026-11-27) | 61.82% | 1.63% | 1.20x |
| MSFT | 515.0 | 4.35 | 533.16 | 9 (2026-11-20) | 75.12% | 0.84% | 1.19x |
| MSFT | 517.5 | 2.23 | 533.16 | 5 (2026-11-16) | 79.87% | 0.43% | 1.19x |
| MSFT | 530.0 | 12.05 | 533.16 | 19 (2026-12-04) | 55.27% | 2.27% | 1.18x |
| MSFT | 512.5 | 3.85 | 533.16 | 9 (2026-11-20) | 77.59% | 0.75% | 1.18x |
| MSFT | 520.0 | 2.11 | 533.16 | 4 (2026-11-13) | 78.69% | 0.41% | 1.17x |
| MSFT | 530.0 | 14.75 | 533.16 | 24 (2026-12-11) | 54.93% | 2.78% | 1.17x |
| MSFT | 525.0 | 10.3 | 533.16 | 19 (2026-12-04) | 60.72% | 1.96% | 1.17x |
| MSFT | 510.0 | 3.4 | 533.16 | 9 (2026-11-20) | 79.86% | 0.67% | 1.16x |
| MSFT | 515.0 | 1.83 | 533.16 | 5 (2026-11-16) | 83.03% | 0.36% | 1.16x |
| MSFT | 530.0 | 16.5 | 533.16 | 29 (2026-12-18) | 54.83% | 3.11% | 1.16x |
| MSFT | 530.0 | 2.44 | 533.16 | 2 (2026-11-11) | 63.38% | 0.46% | 1.16x |
| MSFT | 525.0 | 14.25 | 533.16 | 29 (2026-12-18) | 59.13% | 2.71% | 1.15x |
| MSFT | 517.5 | 1.67 | 533.16 | 4 (2026-11-13) | 82.45% | 0.32% | 1.14x |
| MSFT | 520.0 | 12.6 | 533.16 | 29 (2026-12-18) | 63.11% | 2.42% | 1.14x |
| MSFT | 530.0 | 16.6 | 533.16 | 33 (2026-12-24) | 54.87% | 3.13% | 1.14x |
| MSFT | 525.0 | 14.7 | 533.16 | 33 (2026-12-24) | 59.03% | 2.80% | 1.13x |
| MSFT | 510.0 | 4.55 | 533.16 | 14 (2026-11-27) | 77.23% | 0.89% | 1.13x |
| MSFT | 515.0 | 10.95 | 533.16 | 29 (2026-12-18) | 66.97% | 2.13% | 1.13x |
| MSFT | 510.0 | 2.0 | 533.16 | 7 (2026-11-18) | 84.31% | 0.39% | 1.13x |
| MSFT | 527.5 | 1.7 | 533.16 | 2 (2026-11-11) | 72.28% | 0.32% | 1.12x |
| MSFT | 510.0 | 5.95 | 533.16 | 19 (2026-12-04) | 74.74% | 1.17% | 1.12x |
| MSFT | 515.0 | 1.37 | 533.16 | 4 (2026-11-13) | 85.34% | 0.27% | 1.12x |
| MSFT | 510.0 | 9.45 | 533.16 | 29 (2026-12-18) | 70.59% | 1.85% | 1.12x |
| MSFT | 510.0 | 1.29 | 533.16 | 5 (2026-11-16) | 87.69% | 0.25% | 1.12x |
| MSFT | 510.0 | 7.45 | 533.16 | 24 (2026-12-11) | 72.70% | 1.46% | 1.12x |
| MSFT | 505.0 | 3.65 | 533.16 | 14 (2026-11-27) | 81.15% | 0.72% | 1.11x |
| MSFT | 505.0 | 8.25 | 533.16 | 29 (2026-12-18) | 73.83% | 1.63% | 1.11x |
| MSFT | 510.0 | 9.95 | 533.16 | 33 (2026-12-24) | 70.17% | 1.95% | 1.11x |
| MSFT | 505.0 | 6.45 | 533.16 | 24 (2026-12-11) | 76.06% | 1.28% | 1.11x |
| MSFT | 500.0 | 6.0 | 533.16 | 24 (2026-12-11) | 78.35% | 1.20% | 1.10x |
| MSFT | 500.0 | 7.15 | 533.16 | 29 (2026-12-18) | 76.84% | 1.43% | 1.10x |
| MSFT | 500.0 | 3.15 | 533.16 | 14 (2026-11-27) | 83.90% | 0.63% | 1.10x |
| MSFT | 512.5 | 1.08 | 533.16 | 4 (2026-11-13) | 88.07% | 0.21% | 1.10x |
| MSFT | 525.0 | 1.19 | 533.16 | 2 (2026-11-11) | 79.43% | 0.23% | 1.09x |
| MSFT | 500.0 | 4.1 | 533.16 | 19 (2026-12-04) | 81.72% | 0.82% | 1.09x |
| MSFT | 500.0 | 7.6 | 533.16 | 33 (2026-12-24) | 76.29% | 1.52% | 1.09x |
| MSFT | 495.0 | 6.25 | 533.16 | 29 (2026-12-18) | 79.48% | 1.26% | 1.09x |
| MSFT | 495.0 | 6.9 | 533.16 | 33 (2026-12-24) | 78.60% | 1.39% | 1.09x |
| MSFT | 510.0 | 0.9 | 533.16 | 4 (2026-11-13) | 90.29% | 0.18% | 1.08x |
| MSFT | 495.0 | 2.53 | 533.16 | 14 (2026-11-27) | 86.76% | 0.51% | 1.08x |
| MSFT | 490.0 | 5.3 | 533.16 | 29 (2026-12-18) | 82.14% | 1.08% | 1.08x |
| MSFT | 522.5 | 0.85 | 533.16 | 2 (2026-11-11) | 84.71% | 0.16% | 1.07x |
| MSFT | 490.0 | 2.08 | 533.16 | 14 (2026-11-27) | 88.99% | 0.42% | 1.07x |
| MSFT | 485.0 | 4.5 | 533.16 | 29 (2026-12-18) | 84.45% | 0.93% | 1.07x |
| MSFT | 485.0 | 1.68 | 533.16 | 14 (2026-11-27) | 90.96% | 0.35% | 1.06x |
| MSFT | 520.0 | 0.6 | 533.16 | 2 (2026-11-11) | 89.39% | 0.12% | 1.05x |
| MSFT | 517.5 | 0.44 | 533.16 | 2 (2026-11-11) | 91.74% | 0.09% | 1.04x |
| MSFT | 515.0 | 0.33 | 533.16 | 2 (2026-11-11) | 93.77% | 0.06% | 1.03x |
| MSFT | 510.0 | 0.2 | 533.16 | 2 (2026-11-11) | 95.74% | 0.04% | 1.02x |