849 covered call opportunities
A daily snapshot of today's highest-yielding covered call opportunities across the OptionsPlay report.
Today's Best Covered Call Opportunities
The report below is structured around the key covered call fields investors search for: ticker, action, expiration date, days to expiry, strike price, bid/ask prices, implied volatility rank, earnings date, earnings flag, stock price, raw return, and annualized return.
| Symbol ↕ | Action | Expiry ↕ | Days To Expiry ↕ | Strike Price ↕ | Mid Price ↕ | Bid Price ↕ | Ask Price ↕ | Implied Volatility Rank ↕ | Earnings Date ↕ | Earnings Flag ↕ | Stock Price ↕ | Raw Return ↕ | Annualized Return ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SOXL | Sell to Open | 07/31/2026 | 46 | $320.00 | $48.20 | $46.00 | $50.40 | 95% | — | N | $272.50 | 17.69% | 140.35% |
| AXTI | Sell to Open | 07/31/2026 | 46 | $135.00 | $16.85 | $15.30 | $18.40 | 52% | 07/30/2026 | Y | $110.74 | 15.22% | 120.73% |
| SNXX | Sell to Open | 07/17/2026 | 32 | $54.00 | $5.55 | $5.30 | $5.80 | 100% | — | N | $40.50 | 13.7% | 156.31% |
| AEHR | Sell to Open | 07/31/2026 | 46 | $145.00 | $15.50 | $14.30 | $16.70 | 89% | 07/14/2026 | Y | $115.88 | 13.38% | 106.13% |
| AMDL | Sell to Open | 07/31/2026 | 46 | $100.00 | $9.30 | $8.40 | $10.20 | 95% | — | N | $75.30 | 12.35% | 98% |
| MUU | Sell to Open | 07/17/2026 | 32 | $1,525.00 | $116.00 | $106.30 | $125.70 | 99% | — | N | $1,004.67 | 11.55% | 131.7% |
| SPCE | Sell to Open | 07/31/2026 | 46 | $5.50 | $0.40 | $0.30 | $0.50 | 35% | 08/05/2026 | N | $3.56 | 11.24% | 89.15% |
| AAOX | Sell to Open | 07/17/2026 | 32 | $115.00 | $6.30 | $5.00 | $7.60 | 17% | — | N | $56.52 | 11.15% | 127.14% |
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How to Use the Best Covered Calls Report
The goal is not just to find the highest covered call premium. A strong covered call screener should help investors compare income potential against liquidity, implied volatility, earnings risk, assignment risk, and upside cap.
Compare covered call income
Review raw return and annualized return to understand how much option premium a covered call may generate relative to the underlying stock price.
Check expiration and strike price
Use days to expiry, strike price, and distance to strike to evaluate whether the trade gives the stock enough room to move before assignment.
Review IV Rank and earnings risk
High covered call yields may reflect elevated implied volatility or upcoming earnings risk, so the best covered calls should be reviewed in context.
What is a covered call?
A covered call is an options income strategy where for every 100 shares of a stock or ETF that you own, you can sell a call option against those shares. In exchange for selling the call, you receive income. If the stock stays below the strike price through expiration, the call will expire worthless and you keep that income. If the stock rises above the strike price at expiration, you will be required to sell your shares at that strike price.
How do covered calls generate income?
Covered calls generate income because you receive income upfront when you sell a call option against shares you already own. That income can provide additional return on a stock or ETF position, especially if the stock trades sideways, rises modestly, or remains below the strike price through expiration.
What should I look for in a covered call opportunity besides income?
When evaluating a covered call opportunity, you should look beyond the income alone. Important factors include the stock's trend, the expiration date, the strike price, the option's bid/ask spread, the probability of assignment, upcoming earnings or dividends, and whether the income is worth the capped upside.
What are the best stocks for covered calls?
The best stocks for covered calls are typically stocks or ETFs you are comfortable owning, that have liquid options, and that offer enough income potential to justify the strategy. You may want to look for stocks with stable or moderately bullish outlooks, active options markets, reasonable bid/ask spreads, and no major event risk before expiration.
How can I find high-yielding covered call opportunities?
You can find high-yielding covered call opportunities by screening for stocks and ETFs with liquid options and expirations and strike prices that fit your objective. OptionsPlay's Highest Yielding Covered Call Report scans liquid securities for optimal covered call candidates, helping you identify income opportunities while applying a structured process.
How often should you sell covered calls?
The right frequency for selling covered calls depends on your objective, risk tolerance, transaction costs, tax considerations, and willingness to manage the position. Weekly covered calls may provide more frequent income opportunities, but they require more active management. Monthly covered calls may offer a more balanced approach.
How do I choose the best expiration date and strike price for a covered call?
Choosing the best covered call expiration date and strike price involves balancing income, upside potential, assignment risk, and your outlook on the stock. Based on OptionsPlay's research, covered calls in the 30–45 day-to-expiration range have historically provided an attractive balance between income generation, time decay, and manageability.
What is a covered call screener?
A covered call screener helps you search for optimal covered call opportunities based on the stocks and ETFs in your portfolio while allowing you to filter based on income potential, yield, probability of assignment, liquidity, earnings dates, and dividend risk.
What are the risks associated with a covered call?
A covered call is the only options strategy that does not add additional risk to your portfolio because you are selling a call option against shares you already own. The main tradeoff is that you give up some upside potential. If the stock rises above the strike price, your shares may be called away.
What happens if my covered call is assigned?
If your covered call is assigned, you are required to sell the underlying shares at the option's strike price. Assignment is not always a bad outcome if you were willing to sell the shares at that strike price. Before selling a covered call, you should be comfortable with the possibility of selling your shares at the selected strike.
When should you roll a covered call?
You may consider rolling a covered call when the stock has moved closer to or above the strike price, when assignment risk has increased, when you want to extend the trade to a later expiration, or when you want to adjust the strike to better align with your updated outlook.
Should I sell covered calls before earnings?
Selling covered calls before earnings can generate higher income because implied volatility often rises ahead of major company announcements. However, that higher income usually reflects higher risk. Earnings can cause large price gaps in either direction, and your upside may be capped if the stock rallies sharply.