Recommendation: ST
Current Price: $486.00
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 | 485.0 | 4.6 | 486.00 | 8 (2025-07-03) | 53.93% | 0.95% | 1.17x |
MSFT | 482.5 | 2.26 | 486.00 | 4 (2025-06-27) | 64.99% | 0.47% | 1.17x |
MSFT | 482.5 | 3.4 | 486.00 | 8 (2025-07-03) | 61.76% | 0.70% | 1.15x |
MSFT | 480.0 | 2.85 | 486.00 | 8 (2025-07-03) | 68.02% | 0.59% | 1.14x |
MSFT | 485.0 | 13.4 | 486.00 | 29 (2025-08-01) E | 53.01% | 2.76% | 1.13x |
MSFT | 480.0 | 1.6 | 486.00 | 4 (2025-06-27) | 73.34% | 0.33% | 1.13x |
MSFT | 485.0 | 6.22 | 486.00 | 14 (2025-07-11) | 53.47% | 1.28% | 1.13x |
MSFT | 480.0 | 11.55 | 486.00 | 29 (2025-08-01) E | 58.43% | 2.41% | 1.13x |
MSFT | 475.0 | 9.72 | 486.00 | 29 (2025-08-01) E | 63.56% | 2.05% | 1.12x |
MSFT | 470.0 | 8.63 | 486.00 | 29 (2025-08-01) E | 67.83% | 1.84% | 1.11x |
MSFT | 477.5 | 2.18 | 486.00 | 8 (2025-07-03) | 74.08% | 0.46% | 1.11x |
MSFT | 485.0 | 7.3 | 486.00 | 19 (2025-07-18) | 53.34% | 1.51% | 1.11x |
MSFT | 485.0 | 15.0 | 486.00 | 39 (2025-08-15) E | 53.15% | 3.09% | 1.11x |
MSFT | 485.0 | 9.15 | 486.00 | 24 (2025-07-25) | 53.15% | 1.89% | 1.11x |
MSFT | 480.0 | 4.31 | 486.00 | 14 (2025-07-11) | 64.51% | 0.90% | 1.11x |
MSFT | 480.0 | 13.01 | 486.00 | 39 (2025-08-15) E | 58.06% | 2.71% | 1.11x |
MSFT | 477.5 | 1.17 | 486.00 | 4 (2025-06-27) | 80.03% | 0.25% | 1.10x |
MSFT | 480.0 | 5.75 | 486.00 | 19 (2025-07-18) | 62.36% | 1.20% | 1.10x |
MSFT | 475.0 | 1.86 | 486.00 | 8 (2025-07-03) | 78.19% | 0.39% | 1.10x |
MSFT | 475.0 | 11.1 | 486.00 | 39 (2025-08-15) E | 62.76% | 2.34% | 1.10x |
MSFT | 480.0 | 7.0 | 486.00 | 24 (2025-07-25) | 61.04% | 1.46% | 1.10x |
MSFT | 470.0 | 9.82 | 486.00 | 39 (2025-08-15) E | 66.85% | 2.09% | 1.09x |
MSFT | 460.0 | 6.25 | 486.00 | 29 (2025-08-01) E | 75.65% | 1.36% | 1.09x |
MSFT | 475.0 | 3.2 | 486.00 | 14 (2025-07-11) | 73.02% | 0.67% | 1.09x |
MSFT | 475.0 | 5.93 | 486.00 | 24 (2025-07-25) | 67.42% | 1.25% | 1.09x |
MSFT | 475.0 | 4.35 | 486.00 | 19 (2025-07-18) | 70.18% | 0.92% | 1.09x |
MSFT | 465.0 | 8.57 | 486.00 | 39 (2025-08-15) E | 70.65% | 1.84% | 1.09x |
MSFT | 455.0 | 5.4 | 486.00 | 29 (2025-08-01) E | 78.85% | 1.19% | 1.08x |
MSFT | 472.5 | 1.46 | 486.00 | 8 (2025-07-03) | 82.35% | 0.31% | 1.08x |
MSFT | 485.0 | 18.3 | 486.00 | 64 (2025-09-19) E | 53.51% | 3.77% | 1.08x |
MSFT | 475.0 | 0.86 | 486.00 | 4 (2025-06-27) | 84.94% | 0.18% | 1.08x |
MSFT | 480.0 | 16.5 | 486.00 | 64 (2025-09-19) E | 57.51% | 3.44% | 1.08x |
MSFT | 460.0 | 7.34 | 486.00 | 39 (2025-08-15) E | 74.23% | 1.60% | 1.08x |
MSFT | 470.0 | 4.6 | 486.00 | 24 (2025-07-25) | 73.49% | 0.98% | 1.08x |
MSFT | 475.0 | 14.95 | 486.00 | 64 (2025-09-19) E | 61.23% | 3.15% | 1.08x |
MSFT | 470.0 | 3.45 | 486.00 | 19 (2025-07-18) | 76.19% | 0.73% | 1.08x |
MSFT | 470.0 | 2.43 | 486.00 | 14 (2025-07-11) | 79.43% | 0.52% | 1.08x |
MSFT | 470.0 | 1.28 | 486.00 | 8 (2025-07-03) | 84.91% | 0.27% | 1.08x |
MSFT | 470.0 | 13.45 | 486.00 | 64 (2025-09-19) E | 64.70% | 2.86% | 1.07x |
MSFT | 450.0 | 4.42 | 486.00 | 29 (2025-08-01) E | 82.00% | 0.98% | 1.07x |
MSFT | 485.0 | 21.15 | 486.00 | 84 (2025-10-17) E | 53.80% | 4.36% | 1.07x |
MSFT | 455.0 | 6.25 | 486.00 | 39 (2025-08-15) E | 77.51% | 1.37% | 1.07x |
MSFT | 480.0 | 19.1 | 486.00 | 84 (2025-10-17) E | 57.32% | 3.98% | 1.07x |
MSFT | 465.0 | 11.8 | 486.00 | 64 (2025-09-19) E | 68.12% | 2.54% | 1.07x |
MSFT | 475.0 | 17.35 | 486.00 | 84 (2025-10-17) E | 60.66% | 3.65% | 1.07x |
MSFT | 445.0 | 3.97 | 486.00 | 29 (2025-08-01) E | 84.08% | 0.89% | 1.07x |
MSFT | 465.0 | 3.65 | 486.00 | 24 (2025-07-25) | 78.42% | 0.78% | 1.07x |
MSFT | 460.0 | 10.55 | 486.00 | 64 (2025-09-19) E | 71.15% | 2.29% | 1.07x |
MSFT | 467.5 | 1.07 | 486.00 | 8 (2025-07-03) | 87.39% | 0.23% | 1.06x |
MSFT | 470.0 | 15.6 | 486.00 | 84 (2025-10-17) E | 63.86% | 3.32% | 1.06x |
MSFT | 450.0 | 5.35 | 486.00 | 39 (2025-08-15) E | 80.41% | 1.19% | 1.06x |
MSFT | 465.0 | 2.61 | 486.00 | 19 (2025-07-18) | 81.41% | 0.56% | 1.06x |
MSFT | 465.0 | 13.95 | 486.00 | 84 (2025-10-17) E | 66.95% | 3.00% | 1.06x |
MSFT | 465.0 | 1.79 | 486.00 | 14 (2025-07-11) | 84.56% | 0.38% | 1.06x |
MSFT | 485.0 | 26.9 | 486.00 | 129 (2025-12-19) E | 54.43% | 5.55% | 1.06x |
MSFT | 460.0 | 12.93 | 486.00 | 84 (2025-10-17) E | 69.56% | 2.81% | 1.06x |
MSFT | 472.5 | 0.61 | 486.00 | 4 (2025-06-27) | 89.02% | 0.13% | 1.06x |
MSFT | 480.0 | 25.0 | 486.00 | 129 (2025-12-19) E | 57.20% | 5.21% | 1.06x |
MSFT | 445.0 | 4.75 | 486.00 | 39 (2025-08-15) E | 82.66% | 1.07% | 1.06x |
MSFT | 440.0 | 3.33 | 486.00 | 29 (2025-08-01) E | 86.40% | 0.76% | 1.06x |
MSFT | 475.0 | 23.23 | 486.00 | 129 (2025-12-19) E | 59.86% | 4.89% | 1.06x |
MSFT | 450.0 | 8.4 | 486.00 | 64 (2025-09-19) E | 76.52% | 1.87% | 1.06x |
MSFT | 460.0 | 2.96 | 486.00 | 24 (2025-07-25) | 82.32% | 0.64% | 1.06x |
MSFT | 470.0 | 21.1 | 486.00 | 129 (2025-12-19) E | 62.49% | 4.49% | 1.06x |
MSFT | 465.0 | 19.73 | 486.00 | 129 (2025-12-19) E | 64.89% | 4.24% | 1.05x |
MSFT | 465.0 | 0.86 | 486.00 | 8 (2025-07-03) | 89.70% | 0.18% | 1.05x |
MSFT | 460.0 | 18.42 | 486.00 | 129 (2025-12-19) E | 67.16% | 4.00% | 1.05x |
MSFT | 460.0 | 2.1 | 486.00 | 19 (2025-07-18) | 85.18% | 0.46% | 1.05x |
MSFT | 455.0 | 2.61 | 486.00 | 24 (2025-07-25) | 84.92% | 0.57% | 1.05x |
MSFT | 450.0 | 10.3 | 486.00 | 84 (2025-10-17) E | 74.85% | 2.29% | 1.05x |
MSFT | 440.0 | 4.0 | 486.00 | 39 (2025-08-15) E | 85.14% | 0.91% | 1.05x |
MSFT | 455.0 | 16.82 | 486.00 | 129 (2025-12-19) E | 69.46% | 3.70% | 1.05x |
MSFT | 440.0 | 6.7 | 486.00 | 64 (2025-09-19) E | 80.97% | 1.52% | 1.05x |
MSFT | 445.0 | 9.32 | 486.00 | 84 (2025-10-17) E | 77.04% | 2.09% | 1.05x |
MSFT | 450.0 | 15.5 | 486.00 | 129 (2025-12-19) E | 71.60% | 3.44% | 1.05x |
MSFT | 470.0 | 0.47 | 486.00 | 4 (2025-06-27) | 91.53% | 0.10% | 1.05x |
MSFT | 462.5 | 0.74 | 486.00 | 8 (2025-07-03) | 91.24% | 0.16% | 1.05x |
MSFT | 440.0 | 8.6 | 486.00 | 84 (2025-10-17) E | 78.97% | 1.95% | 1.05x |
MSFT | 460.0 | 1.29 | 486.00 | 14 (2025-07-11) | 88.59% | 0.28% | 1.05x |
MSFT | 440.0 | 13.19 | 486.00 | 129 (2025-12-19) E | 75.45% | 3.00% | 1.04x |
MSFT | 455.0 | 1.67 | 486.00 | 19 (2025-07-18) | 88.12% | 0.37% | 1.04x |
MSFT | 450.0 | 1.98 | 486.00 | 24 (2025-07-25) | 88.11% | 0.44% | 1.04x |
MSFT | 430.0 | 5.26 | 486.00 | 64 (2025-09-19) E | 84.78% | 1.22% | 1.04x |
MSFT | 467.5 | 0.38 | 486.00 | 4 (2025-06-27) | 93.30% | 0.08% | 1.04x |
MSFT | 455.0 | 1.06 | 486.00 | 14 (2025-07-11) | 90.93% | 0.23% | 1.04x |
MSFT | 450.0 | 1.38 | 486.00 | 19 (2025-07-18) | 90.33% | 0.31% | 1.04x |
MSFT | 445.0 | 1.68 | 486.00 | 24 (2025-07-25) | 90.02% | 0.38% | 1.04x |
MSFT | 465.0 | 0.33 | 486.00 | 4 (2025-06-27) | 94.40% | 0.07% | 1.03x |
MSFT | 420.0 | 4.08 | 486.00 | 64 (2025-09-19) E | 87.96% | 0.97% | 1.03x |
MSFT | 440.0 | 1.5 | 486.00 | 24 (2025-07-25) | 91.46% | 0.34% | 1.03x |
MSFT | 445.0 | 1.18 | 486.00 | 19 (2025-07-18) | 91.95% | 0.27% | 1.03x |
MSFT | 450.0 | 0.87 | 486.00 | 14 (2025-07-11) | 92.72% | 0.19% | 1.03x |
MSFT | 445.0 | 0.77 | 486.00 | 14 (2025-07-11) | 93.87% | 0.17% | 1.03x |
MSFT | 440.0 | 0.97 | 486.00 | 19 (2025-07-18) | 93.46% | 0.22% | 1.03x |
MSFT | 462.5 | 0.26 | 486.00 | 4 (2025-06-27) | 95.59% | 0.06% | 1.03x |
MSFT | 440.0 | 0.6 | 486.00 | 14 (2025-07-11) | 95.17% | 0.14% | 1.02x |