Healthcare stocks — especially biotech — carry binary event risk that creates extreme IV spikes. Experienced traders can capture elevated premiums around FDA catalysts.
No Healthcare covered call candidates available yet for today. Data updates daily after 4:30 PM ET. Average IV profile: Very High in biotech (average IV: 50–100%+).
| # | Ticker | Last Price | Strike | Expiry | DTE | Annual. Return | Downside | Delta | IV | OI | CCL Score |
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| NO DATA YET TODAY — SCANNER RUNS DAILY AFTER 4:30 PM ET | |||||||||||
Healthcare is a sector of extremes for covered call writers. Large-cap pharma names like JNJ, PFE, and MRK offer conservative, dividend-enhanced covered call strategies with moderate IV and predictable earnings cycles. Biotech names like MRNA, BNTX, and smaller clinical-stage companies carry extreme binary risk — FDA approval decisions can move stocks 50–80% overnight. The reward is proportional: biotech premiums can be extraordinary. The key is knowing which sub-sector you're in and sizing positions accordingly.
Biotech requires extreme caution — binary FDA events can cause 50%+ moves. Large-cap pharma (JNJ, PFE) is far more conservative. Know the difference.
Our scanner processes Healthcare sector candidates daily after market close. Check back after 5 PM ET for today's results.
Healthcare sector IV profile: Very High in biotech (average IV: 50–100%+).
For Healthcare stocks, we recommend targeting delta 0.15–0.30. This balances premium income with upside participation and downside protection.
The optimal DTE window for Healthcare covered calls is 14–30 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.