Best Covered Call Strategy for SHOP Stock — 14-Day Strikes, Up to 5.59% Yield
Shopify Inc. · SHOP · Covered Call · Updated Jul 21, 2026
Best covered call strategy for SHOP stock over 14 days: sell a ~0.25–0.30 delta call in the 7–21 DTE window. Example contracts below for Shopify Inc. (SHOP) reach up to 5.59% annualized yield (5.03% avg on top strikes)—compare strike, premium, and IV before opening the screener.
View SHOP chartBest covered call strategy for SHOP stock over 14 days
Target ~0.25–0.30 delta in the 7–21 DTE window. Top contracts reach up to 5.59% annualized yield (5.03% avg). Example: $130 strike, 17 DTE, 5.12% yield at ~0.45 delta. Full comparison is in the table below.
Top Covered Calls (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $130.00 | Aug 7 | 17 | 0.45 | $7.33 | 5.12% | 58 | Open |
| $131.00 | Aug 7 | 17 | 0.44 | $6.95 | 4.43% | 53 | Open |
| $129.00 | Aug 7 | 17 | 0.47 | $7.63 | 4.96% | 52 | Open |
| $128.00 | Aug 7 | 17 | 0.48 | $7.53 | 5.04% | 51 | Open |
| $127.00 | Aug 7 | 17 | 0.50 | $8.43 | 5.59% | 49 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Shopify Inc. (SHOP): $130.00 strike expiring Aug 7, 2026, 5.12% yield.
Short-term opportunities
Shopify Inc. (SHOP) has competitive covered calls expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for Shopify Inc. (SHOP) is 85.2% (elevated)— favorable for premium sellers.
How to use this page
- Review Shopify Inc. (SHOP) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Shopify Inc. (SHOP) — Open our Covered Calls screener with SHOP pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of Shopify Inc. (SHOP) covered calls shows average premium yield of 5.03% and peaks at 5.59%. Average implied volatility is 85.2% (peak 86.6%), indicating elevated volatility for premium sellers. Shopify Inc. (SHOP) operates in the Technology sector within the Software - Application industry. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What is the best covered call strategy for SHOP stock over 14 days?
For a 14-day covered call on SHOP, target ~0.25–0.30 delta strikes in the 7–21 DTE window with annualized yield up to 5.59% (5.03% avg on top contracts). Example from today’s chain: $127.00 strike, 17 DTE, 5.59% annualized yield at ~0.50 delta. Compare strike, premium, delta, and IV in the table above, then open the covered call screener for live filters.
What are the best covered calls for Shopify Inc. (SHOP)?
The best covered calls for Shopify Inc. (SHOP) reach up to 5.59% annualized yield (5.03% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Shopify Inc. (SHOP)'s fundamentals for covered calls?
For Shopify Inc. (SHOP), key fundamentals include last price $124.53, P/E 120.0, market cap $160.3 Billion, Technology sector, WSO rating B, analyst consensus Buy. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for Shopify Inc. (SHOP)?
Use our Covered Calls screener with Shopify Inc. (SHOP) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (85.2% avg IV on this page).
What is the average premium yield for Shopify Inc. (SHOP) covered calls?
Average premium yield for Shopify Inc. (SHOP) covered calls is 5.03%, with top contracts up to 5.59%. Yields move with strike, expiration, and IV (avg 85.2%, peak 86.6%).
Is Shopify Inc. (SHOP) a good stock for covered calls?
Shopify Inc. (SHOP) offers covered calls with yields up to 5.59%. WSO rates it B. It is in Technology. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Shopify Inc. (SHOP) covered calls?
Shopify Inc. (SHOP) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.
How does implied volatility affect Shopify Inc. (SHOP) covered calls?
IV drives option premiums: Shopify Inc. (SHOP) averages 85.2% IV (peak 86.6%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.