Best Covered Calls for Automatic Data Processing, Inc. (ADP) — Up to 2.47% Premium Yield
Discover the best covered calls opportunities for Automatic Data Processing, Inc. (ADP) (Technology sector). Our comprehensive analysis of Automatic Data Processing, Inc. (ADP) covered calls reveals 299 available contracts with premium yields ranging up to 2.47% annually. Automatic Data Processing, Inc. (ADP) currently trades at $213.00 with a market cap of $91.5 Billion, making it a B+-rated candidate for covered calls strategies.
View ADP in screenerKey Metrics for Automatic Data Processing, Inc. (ADP) Covered Calls
Actionable insights for Automatic Data Processing, Inc. (ADP)
Top pick
2.00%
Best covered calls contract for Automatic Data Processing, Inc. (ADP): $220.00 strike expiring Apr 17, 2026, 2.00% yield, $4.40 premium per contract.
View in screenerImplied volatility
8.0%
Average IV for Automatic Data Processing, Inc. (ADP) is 8.0% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Automatic Data Processing, Inc. (ADP)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $220.00 | Apr 17 | 37 | 0.41 | $4.40 | 2.00% | View details → |
| $215.00 | Apr 10 | 30 | 0.50 | $5.30 | 2.47% | View details → |
| $215.00 | Apr 2 | 22 | 0.48 | $4.30 | 2.00% | View details → |
| $220.00 | Apr 10 | 30 | 0.40 | $3.20 | 1.45% | View details → |
| $220.00 | Apr 2 | 22 | 0.37 | $2.20 | 1.00% | View details → |
How to use this data
- Open the screener for Automatic Data Processing, Inc. (ADP). Open our Covered Calls screener with Automatic Data Processing, Inc. (ADP) (ADP) pre-loaded so you see only ADP options.
- Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
- Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.
Analysis of Automatic Data Processing, Inc. (ADP) Covered Call Opportunities
Our analysis of Automatic Data Processing, Inc. (ADP) covered calls shows 299 active options contracts with an average premium yield of 0.45% and maximum yields reaching 2.47%. The average implied volatility stands at 8.0%, with peak IV reaching 33.2%, indicating moderate volatility premiums available. Automatic Data Processing, Inc. (ADP) operates in the Technology sector within the Software - Application industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find Automatic Data Processing, Inc. (ADP) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Automatic Data Processing, Inc. (ADP) Covered Calls
What are the best covered calls for Automatic Data Processing, Inc. (ADP)?
The best covered calls for Automatic Data Processing, Inc. (ADP) offer premium yields of up to 2.47% annually. Our screener identifies 299 available contracts, with top opportunities providing 0.45% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 8.0%.
How do I find covered calls for Automatic Data Processing, Inc. (ADP)?
Use our Covered Calls screener to filter Automatic Data Processing, Inc. (ADP) options by premium yield, delta, expiration date, and implied volatility. The screener shows 299 available contracts for Automatic Data Processing, Inc. (ADP), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Automatic Data Processing, Inc. (ADP) covered calls?
The average premium yield for Automatic Data Processing, Inc. (ADP) covered calls is currently 0.45%, with maximum yields reaching 2.47%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 8.0% for Automatic Data Processing, Inc. (ADP) options.
Is Automatic Data Processing, Inc. (ADP) a good stock for covered calls?
Automatic Data Processing, Inc. (ADP) presents 299 covered calls opportunities with yields up to 2.47%. With a B+ rating, Automatic Data Processing, Inc. (ADP) in the Technology sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Automatic Data Processing, Inc. (ADP) for covered calls.
What expiration dates are available for Automatic Data Processing, Inc. (ADP) covered calls?
Our screener shows Automatic Data Processing, Inc. (ADP) covered calls contracts with various expiration dates. The top-yielding contracts typically range from weekly to monthly expirations. Use our filters to find specific expiration dates that match your trading strategy and income goals.
How does implied volatility affect Automatic Data Processing, Inc. (ADP) covered calls?
Implied volatility significantly impacts covered calls premiums for Automatic Data Processing, Inc. (ADP). Currently, Automatic Data Processing, Inc. (ADP) options show an average IV of 8.0% with peaks at 33.2%. Higher IV generally means higher premium income, but also indicates greater price uncertainty. Our screener helps you find the optimal balance between premium yield and risk.
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Important disclaimer
Not financial advice. This page is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Options trading involves substantial risk. Past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions. Premium yields and metrics are based on current market data and may change.
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