Stock

Avis Budget Group Inc

CAR · Industrials · Industrialssmall
📊 Today's Best CAR Covered Call

The best covered call for CAR today is the 2026-05-15 $400 Call with 15.3% monthly yield and 36.4% downside protection — current stock price $448.98, as of 5:05 PM ET on April 16.

IV: 202% · Delta: 0.68 · CCL Score: 1
Live Price
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52W High
52W Low

CAR Key Data

Symbol
CAR
Name
Avis Budget Group Inc
Type
Stock
Industry
Exchange
Live Price
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52-Week High
52-Week Low
Market Cap
Market Cap Tier
CCL Score
1
Strategy
Covered Calls
Access
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About CAR

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

CAR Covered Call Strategy

Covered calls on CAR 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 CAR, you can sell 1 call contract per 100 shares to generate consistent monthly income.

Covered calls on CAR cap your upside at the strike price but provide downside cushion equal to the premium received.

How to Run a Covered Call on CAR

01
Own 100 Shares
You must own at least 100 shares of CAR 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 CAR 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 CAR does next.
04
Manage at Expiry
If CAR stays below your strike, the option expires worthless and you keep the premium. If it rises above, shares get called away at the strike.

Frequently Asked Questions

Can I sell covered calls on CAR?
Yes, CAR 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 CAR covered calls?
Most income traders choose strikes 2–10% above the current CAR price (OTM), balancing premium income with allowing some upside.
What is the best expiry for CAR 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 CAR covered calls?
As of the last scanner update, the best CAR covered call offers 15.3% monthly yield. Use CoveredCalls.live to see real-time premiums updated daily.
What happens if CAR 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%).

Screen the Best CAR Covered Calls Right Now

Our screener scans CAR options every few minutes and ranks setups by annualized return, downside protection, and bid-ask spread quality.

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