Covered Call Screener

A covered call is an options strategy where you sell a call option on shares you already own. You collect premium income upfront, similar to collecting rent on property you own. It's one of the safest options strategies available to retail investors.

Conservative covered call strategies (10-20 delta, 30-45 DTE) typically generate 1-3% per month on your stock position, or 12-36% annualized. A $100,000 portfolio can realistically earn $1,000-$3,000/month in premium income.

Yes! Covered Call Pro offers a free tier with access to the income calculator, top daily covered call picks, and educational content. Premium features like the Golden Triangle scanner and full options chain analysis are available with a subscription.

The best covered call stocks have moderate implied volatility (30-50%), high options liquidity, and are stocks you'd hold long-term. Popular choices include AAPL, MSFT, NVDA, TSLA, SPY, and QQQ. Covered Call Pro scans 200+ stocks daily to find the best opportunities.

You need at least 100 shares of a stock to sell one covered call contract. Lower-priced stocks like Ford ($12-15) require ~$1,200-$1,500, while Apple ($230+) requires ~$23,000+. ETFs like SPY also work well. Start with what you can afford.

Delta targeting: We target 0.20-0.30 delta options for optimal risk/reward balance.DTE selection: 20-45 days to expiration maximizes time decay while limiting assignment risk.Premium analysis: We calculate annualized return = (premium / stock price) × (365 / DTE).Quality scoring: Each pick is scored on liquidity, IV ra