Find covered calls worth selling — in seconds, not spreadsheets
Stop scrolling option chains one ticker at a time. Scan the whole market for covered calls that match the yield, delta, and risk you actually want — then sell with confidence.
Free to use. Built by option sellers who got tired of doing this by hand.
| Symbol | Price | Strike | DTE | Premium | Yield | Ann. | Δ | IV |
|---|---|---|---|---|---|---|---|---|
| AAPL | 212.40 | 220 | 30 | 3.15 | 1.43% | 17.4% | 0.28 | 24% |
| KO | 63.10 | 65 | 35 | 0.78 | 1.20% | 12.5% | 0.25 | 16% |
| AMD | 168.20 | 180 | 28 | 4.85 | 2.69% | 35.1% | 0.31 | 42% |
| PLTR | 41.80 | 45 | 30 | 1.62 | 3.61% | 43.9% | 0.30 | 58% |
| MSFT | 438.90 | 455 | 32 | 6.40 | 1.40% | 16.0% | 0.27 | 21% |
What a covered call screener actually does
If you own 100 shares of a stock, you can sell a covered call against them to collect premium today. The hard part isn't the trade — it's finding the right one. There are millions of contracts across thousands of tickers, and the good setups hide behind a wall of strikes and expirations.
A covered call screener does the searching for you. You tell it what a good trade looks like — how much yield you want, how much assignment risk you'll accept, how far out you want to sell — and it scans the entire market and hands you back only the contracts that fit.
Think of it as the difference between flipping through every option chain by hand and asking one question: "show me covered calls paying at least 1.5% in under 35 days, on stocks I'd be happy to sell." That's the whole point.
Anatomy of the screener
Everything is on one screen: set your filters on the left, read the ranked results on the right. No tabs to dig through, no jargon you need a course to decode.
- 1
Yield & annualized return
Sort by premium yield or annualized return so the richest, most efficient trades float to the top.
- 2
Delta filter
Dial in how much assignment risk you want. Most wheel sellers live between 0.20 and 0.35 delta.
- 3
DTE window
Weekly income or a calm 30–45 day theta play — set the days-to-expiration range that matches your style.
- 4
IV rank
Spot when premium is genuinely rich for a stock versus its own history, not just high in absolute terms.
How it works
Four steps, about a minute, from blank screen to a trade you understand.
- 01
Set your filters
Pick the yield, delta, DTE, and IV rank that define a good covered call for you. Save it as a preset so you never set it up twice.
- 02
Scan the market
The screener checks millions of contracts and returns only the ones that match — ranked by the metric you care about most.
- 03
Compare the shortlist
Read premium, yield, annualized return, delta, IV, and probability of profit side by side. Pick the trade that fits the stock you own.
- 04
Sell and track it
Place the trade with your broker, then log it in the Trade Tracker to watch P&L, assignment, and your wheel roll forward.
What's under the hood
Serious filters for serious sellers — without making you read a manual.
Whole-market scanning
Millions of contracts across thousands of tickers, refreshed daily, scanned in seconds.
Yield & annualized return
See income as a percentage of capital and on an annualized basis so you can compare trades fairly.
Greeks that matter
Filter and sort by delta to control assignment odds, and watch theta work in your favor.
IV rank & implied volatility
Find stocks where option premium is actually rich relative to their own history.
Probability of profit
A clear read on how likely a trade is to expire in your favor, right next to the premium.
Fundamental filters
Screen by market cap, P/E, and more so you only sell calls on companies you'd be fine holding.
Saved screeners
Store your favorite setups and reload them in one click — your strategy, ready every morning.
Liquidity checks
Open interest and volume up front, so you skip the contracts that are a pain to fill.
Who it's for
Whether this is your first covered call or your five-hundredth, the screener meets you where you are.
Just getting started
You own some shares and keep hearing covered calls are "free income." The screener shows you safe-feeling, lower-delta trades and explains the numbers so you learn while you earn.
Running the wheel
You were assigned on a put and now hold the stock. Flip to the screener, find a call above your cost basis, and keep the wheel turning.
Income on a big portfolio
You manage dozens of positions. Saved screeners and whole-market scanning turn an hour of chain-flipping into a two-minute morning routine.
Pairs well with
Free, live-data tools that make your covered call decisions sharper.
Questions sellers actually ask
It filters option chains across the whole market to surface covered call opportunities that match your criteria — premium yield, delta, days to expiration, implied volatility, and probability of profit — so you don't have to check each ticker by hand.
Yes. The covered call screener is free to use with daily results across millions of contracts. Saved screeners and alerts come with a paid plan.
Most wheel traders sell between 0.20 and 0.35 delta. Lower delta keeps your shares longer and collects less premium; higher delta pays more but raises the odds you're assigned (your shares get called away).
Start with stocks you'd be happy to sell at the strike, sort by annualized yield, keep delta in a range you're comfortable being assigned at, and check IV rank for richer premium. Liquidity (open interest and volume) keeps your fills clean.
Yes. Set the DTE filter to 0–7 days for weeklies, or a 30–45 day window if you prefer slower theta decay. The screener returns every matching contract with full Greeks and yield.
To sell a true covered call, yes — one contract covers 100 shares. If you don't own shares yet, many sellers start on the other side of the wheel with a cash-secured put.
Ready to find your next covered call?
Open the screener, set one filter, and see what the market is paying right now. It's free, and it takes about a minute.
Open the Covered Call Screener