Updated April 16, 2026 · 3:49 PM ET

Best covered calls today

Today's top covered call is BCRX $10 expiring 2026-04-17 with a 15450.5% annualized return and 36.9% downside protection — stock at $9.48. Our scanner analyzed 33,732 options contracts across 7,000+ symbols.
Top return
15450.5%
BCRX · annualized
Candidates found
20
today
Contracts analyzed
33,732
options contracts
Symbols scanned
7,000+
equities & ETFs
Avg IV (top 20)
146.1%
implied volatility

Data: Options chains scanned daily after market close (4:30 PM ET). Annualized return = (premium ÷ stock price) × (365 ÷ DTE). Min. liquidity: open interest ≥ 100, spread ≤ 5% of mid. Full methodology →

Top 25 covered calls today

#SymbolTypeStockStrikeExpiryDTEPremiumDownside prot.Ann. returnDeltaIV
1BCRX
$10 Call
OTM$9.48$10.002026-04-171d36.9%15450.5%
2SM
$30 Call
OTM$28.00$30.002026-04-171d31.8%14216.7%
3SM
$27.5 Call
ITM$28.00$27.502026-04-171d41.8%13957.6%
4HTZ
$7.5 Call
OTM$7.00$7.502026-04-171d1.7%3204.7%0.23205.7%
5LQDA
$45 Call
OTM$41.71$45.002026-04-171d0.7%3142.7%0.18171.6%
6ERIC
$13 Call
OTM$12.15$13.002026-04-171d1.2%2989.3%0.24190.4%
7ROKU
$120 Call
OTM$111.47$120.002026-04-171d0.0%2803.2%0.0262.7%

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Best high yield covered calls today

Top 5 by annualized return
#SymbolExpiryDTEPremiumAnn. ReturnDownsideDelta
1BCRX
$10 Call
2026-04-171d15450.5%36.9%
2SM
$30 Call
2026-04-171d14216.7%31.8%
3SM
$27.5 Call
2026-04-171d13957.6%41.8%
4HTZ
$7.5 Call
2026-04-171d3204.7%1.7%0.23
5LQDA
$45 Call
2026-04-171d3142.7%0.7%0.18

Safest covered calls today

Top 5 by downside protection
#SymbolExpiryDTEPremiumAnn. ReturnDownsideDelta
1SM
$27.5 Call
2026-04-171d13957.6%41.8%
2BCRX
$10 Call
2026-04-171d15450.5%36.9%
3SM
$30 Call
2026-04-171d14216.7%31.8%
4CAR
$455 Call
2026-04-171d2029.4%3.8%0.47
5AXTI
$85 Call
2026-04-171d2449.1%3.2%0.34

Best weekly covered calls

Expiring within 7 days — DTE ≤ 7
#SymbolExpiryDTEPremiumAnn. ReturnDownsideDelta
1BCRX
$10 Call
2026-04-171d15450.5%36.9%
2SM
$30 Call
2026-04-171d14216.7%31.8%
3SM
$27.5 Call
2026-04-171d13957.6%41.8%
4HTZ
$7.5 Call
2026-04-171d3204.7%1.7%0.23
5LQDA
$45 Call
2026-04-171d3142.7%0.7%0.18

Weekly covered calls capture elevated theta decay in the final week before expiration. Higher annualized return due to short DTE, but less time to react if the stock moves against you. Best for active traders who monitor positions daily.

How to read this table

Annualized return is the option premium divided by stock price, scaled to a yearly rate by DTE.
Delta approximates the probability the option expires in-the-money. Delta 0.35 = ~35% chance of assignment.
Income + low assignment risk → delta 0.20–0.30
Maximum premium → sort by Ann. Return, IV > 50%
Conservative accounts → large-cap, delta < 0.25
Always check for earnings ⚠ before selling

Frequently asked questions

What are the best covered calls today?

Today's top covered call is BCRX $10 expiring 2026-04-17, offering 15450.5% annualized return and 36.9% downside protection.

When are covered call opportunities updated?

Our scanner runs daily after market close (4:30 PM ET) and data is available by 5:30 PM ET. This page refreshes every 30 minutes automatically.

What is the best delta for a covered call today?

For income with low assignment risk, target delta 0.20–0.30 (OTM). For maximum premium collection, delta 0.35–0.50. Conservative accounts and IRAs should stay below delta 0.25.

How many covered call opportunities exist today?

Our scanner found 20 covered call candidates today from 33,732 options contracts analyzed across 7,000+ symbols. Data is updated every 30 minutes after 4:30 PM ET.

What time are covered call opportunities updated?

The scanner runs daily after 4:30 PM ET and data is available within 30 minutes of market close. The page refreshes automatically every 30 minutes. For real-time data, use the interactive screener.

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