ETF covered calls offer diversified exposure with predictable premium income. SPY, QQQ, and sector ETFs provide liquid options chains with tight spreads.
No ETF covered call candidates available yet for today. Data updates daily after 4:30 PM ET. Average IV profile: Moderate (ETF average IV: 15–30%).
| # | Ticker | Last Price | Strike | Expiry | DTE | Annual. Return | Downside | Delta | IV | OI | CCL Score |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NO DATA YET TODAY — SCANNER RUNS DAILY AFTER 4:30 PM ET | |||||||||||
ETFs are the foundation of conservative covered call portfolios. Unlike individual stocks, ETFs carry no single-stock earnings risk — you can safely hold positions through any calendar date. SPY, QQQ, IWM, and sector ETFs like XLK, XLE, and XLF all have highly liquid options chains with tight bid-ask spreads, ensuring efficient fills. The tradeoff is lower IV — and therefore lower premiums — compared to individual stocks. But for income-focused investors who prioritize consistency over maximum yield, ETF covered calls deliver reliable monthly income with significantly less volatility than single-stock strategies.
ETFs suit conservative covered call strategies. Target delta 0.20–0.30 for maximum downside protection. No earnings risk.
Our scanner processes ETF sector candidates daily after market close. Check back after 5 PM ET for today's results.
ETF sector IV profile: Moderate (ETF average IV: 15–30%).
For ETF stocks, we recommend targeting delta 0.20–0.30. This balances premium income with upside participation and downside protection.
The optimal DTE window for ETF covered calls is 30–45 days. This captures the steepest theta decay while limiting exposure to major price moves.
Our scanner runs daily after market close (4:30 PM ET). Sector pages refresh automatically within 1 hour of scan completion. Data shown reflects the most recent scan.
The CCL Score is CoveredCalls.live's proprietary ranking metric. It weights annualized return (45%), bid-ask spread quality (25%), downside protection (15%), and open interest/delta factors (15%). Higher scores indicate better risk-adjusted opportunities.