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Applied Optoelectronics Inc

AAOI · Technology · —Technologysmall
📊 Today's Best AAOI Covered Call

The best covered call for AAOI today is the 2026-05-15 $160 Call with 19.9% monthly yield and 17.3% downside protection — current stock price $157.32, as of 5:05 PM ET on April 16.

IV: 165% · Delta: 0.58 · CCL Score: 1
Live Price
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52W High
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52W Low
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Market Data

AAOI Key Data

Symbol
AAOI
Name
Applied Optoelectronics Inc
Type
Stock
Sector
Technology
Industry
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Exchange
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Live Price
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52-Week High
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52-Week Low
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Market Cap
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Market Cap Tier
small
CCL Score
1
Strategy
Covered Calls
Access
Free Trial
About

About AAOI

Applied Optoelectronics Inc is a publicly traded stock commonly used in covered call strategies to generate consistent income from existing positions.

Strategy

AAOI Covered Call Strategy

Covered calls on AAOI allow shareholders to collect premium income while holding the stock. The most common approach is selling out-of-the-money calls 30–45 days to expiration (DTE) to balance premium income with potential upside. If you own 100 shares of AAOI, you can sell 1 call contract per 100 shares to generate consistent monthly income.

Covered calls on AAOI cap your upside at the strike price but provide downside cushion equal to the premium received.
How It Works

How to Run a Covered Call on AAOI

01
Own 100 Shares
You must own at least 100 shares of AAOI to sell 1 covered call contract. Each options contract covers exactly 100 shares.
02
Choose Strike and Expiry
Select a call strike above the current AAOI price (OTM) and an expiry date. 30–45 DTE monthly cycles are most popular for income generation.
03
Sell the Call
Sell 1 call contract to collect the premium immediately. This income is yours regardless of what AAOI does next.
04
Manage at Expiry
If AAOI stays below your strike, the option expires worthless and you keep the premium. If it rises above, shares get called away at the strike.
FAQ

Frequently Asked Questions

Can I sell covered calls on AAOI?
Yes, AAOI has listed options. You need to own 100 shares per contract. Use our screener to find the best strikes and expiries based on your goals.
What strike should I choose for AAOI covered calls?
Most income traders choose strikes 2–10% above the current AAOI price (OTM), balancing premium income with allowing some upside.
What is the best expiry for AAOI covered calls?
Monthly options (30–45 DTE) have the best time-decay characteristics. Weekly options offer more flexibility but require more active management.
How much premium can I collect on AAOI covered calls?
As of the last scanner update, the best AAOI covered call offers 19.9% monthly yield. Use CoveredCalls.live to see real-time premiums updated daily.
What happens if AAOI rises above my strike?
Your shares get called away at the strike price. You keep the premium plus any gain from your cost basis to the strike. You can then buy shares back and repeat.
What is the CCL Score?
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%).

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