What is a covered call screener?

A covered call screener filters option chains across the market to surface covered call opportunities that match your criteria — premium yield, delta, days to expiration, implied volatility, and probability of profit. It saves hours compared to checking each ticker manually.

Is this covered call screener free?

Yes. The Wheel Strategy Options covered call screener is free to use with daily filtered results across 2,000,000+ contracts. Saved screeners and alerts are available with a paid plan.

How do I find the best covered calls for the wheel strategy?

Filter for stocks you would be willing to own at the strike, sort by annualized premium yield, keep delta in a range you accept being assigned at, and check IV rank for richer premium. Liquidity (open interest, volume) matters for clean fills.

What delta should I use for covered calls in the wheel strategy?

Most wheel traders sell covered calls between 0.20 and 0.35 delta. Lower delta keeps shares longer and collects less premium; higher delta brings more premium but increases assignment probability.

Can I use this as a covered call scanner for weekly options?

Yes. Use the DTE filter to narrow results to weekly expirations (0–7 days) or to a 30–45 DTE window depending on your style. The screener returns all matching contracts with full Greeks and yield.

Free Covered Call Screener — Filter by Yield, Delta, DTE & IV Rank

Wheel Strategy Options

/

Dashboard

Discover Top IV Stocks IV Rank Leaderboard Unusual Volume Roll Finder Earnings Calendar Dividend Calendar Stock Screener

Cash Secured Puts Covered Calls Options Heatmap

Unusual Activity Flow Market Tide Live Option Flow

GEX Calculator My Watchlist My Saved Screeners

Overview Trade Summary Opportunities Stock Basis Performance & Analytics Wheel Cycles Equity Holdings Dividends History Brokerage Connection

Developer API

Academy Beginner Course Intermediate Course Top StrategiesWhat’s New Blog Calculators