Best Covered Calls for Bristol-Myers Squibb Company (BMY) — Up to 1.80% Premium Yield
Discover the best covered calls opportunities for Bristol-Myers Squibb Company (BMY) (Healthcare sector). Our comprehensive analysis of Bristol-Myers Squibb Company (BMY) covered calls reveals 336 available contracts with premium yields ranging up to 1.80% annually. Bristol-Myers Squibb Company (BMY) currently trades at $59.98 with a market cap of $122.8 Billion, making it a A--rated candidate for covered calls strategies.
View BMY in screenerKey Metrics for Bristol-Myers Squibb Company (BMY) Covered Calls
Actionable insights for Bristol-Myers Squibb Company (BMY)
Top pick
1.64%
Best covered calls contract for Bristol-Myers Squibb Company (BMY): $61.00 strike expiring Apr 2, 2026, 1.64% yield, $1.00 premium per contract.
View in screenerImplied volatility
6.9%
Average IV for Bristol-Myers Squibb Company (BMY) is 6.9% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Bristol-Myers Squibb Company (BMY)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $61.00 | Apr 2 | 21 | 0.44 | $1.00 | 1.64% | View details → |
| $61.00 | Apr 10 | 29 | 0.45 | $1.10 | 1.80% | View details → |
| $62.50 | Apr 17 | 36 | 0.35 | $0.81 | 1.30% | View details → |
| $62.00 | Apr 10 | 29 | 0.36 | $0.75 | 1.21% | View details → |
| $62.00 | Apr 2 | 21 | 0.35 | $0.65 | 1.05% | View details → |
How to use this data
- Open the screener for Bristol-Myers Squibb Company (BMY). Open our Covered Calls screener with Bristol-Myers Squibb Company (BMY) (BMY) pre-loaded so you see only BMY 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 Bristol-Myers Squibb Company (BMY) Covered Call Opportunities
Our analysis of Bristol-Myers Squibb Company (BMY) covered calls shows 336 active options contracts with an average premium yield of 0.35% and maximum yields reaching 1.80%. The average implied volatility stands at 6.9%, with peak IV reaching 29.6%, indicating moderate volatility premiums available. Bristol-Myers Squibb Company (BMY) operates in the Healthcare sector within the Drug Manufacturers - General industry, earning an overall score of 4. Investors seeking income generation while maintaining stock ownership will find Bristol-Myers Squibb Company (BMY) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Bristol-Myers Squibb Company (BMY) Covered Calls
What are the best covered calls for Bristol-Myers Squibb Company (BMY)?
The best covered calls for Bristol-Myers Squibb Company (BMY) offer premium yields of up to 1.80% annually. Our screener identifies 336 available contracts, with top opportunities providing 0.35% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 6.9%.
How do I find covered calls for Bristol-Myers Squibb Company (BMY)?
Use our Covered Calls screener to filter Bristol-Myers Squibb Company (BMY) options by premium yield, delta, expiration date, and implied volatility. The screener shows 336 available contracts for Bristol-Myers Squibb Company (BMY), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Bristol-Myers Squibb Company (BMY) covered calls?
The average premium yield for Bristol-Myers Squibb Company (BMY) covered calls is currently 0.35%, with maximum yields reaching 1.80%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 6.9% for Bristol-Myers Squibb Company (BMY) options.
Is Bristol-Myers Squibb Company (BMY) a good stock for covered calls?
Bristol-Myers Squibb Company (BMY) presents 336 covered calls opportunities with yields up to 1.80%. With a A- rating, Bristol-Myers Squibb Company (BMY) in the Healthcare sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Bristol-Myers Squibb Company (BMY) for covered calls.
What expiration dates are available for Bristol-Myers Squibb Company (BMY) covered calls?
Our screener shows Bristol-Myers Squibb Company (BMY) 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 Bristol-Myers Squibb Company (BMY) covered calls?
Implied volatility significantly impacts covered calls premiums for Bristol-Myers Squibb Company (BMY). Currently, Bristol-Myers Squibb Company (BMY) options show an average IV of 6.9% with peaks at 29.6%. 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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