Best Covered Calls for Cummins Inc. (CMI) — Up to 3.09% Premium Yield
Discover the best covered calls opportunities for Cummins Inc. (CMI) (Industrials sector). Our comprehensive analysis of Cummins Inc. (CMI) covered calls reveals 229 available contracts with premium yields ranging up to 3.09% annually. Cummins Inc. (CMI) currently trades at $556.14 with a market cap of $74.5 Billion, making it a B+-rated candidate for covered calls strategies.
View CMI in screenerKey Metrics for Cummins Inc. (CMI) Covered Calls
Actionable insights for Cummins Inc. (CMI)
Top pick
1.40%
Best covered calls contract for Cummins Inc. (CMI): $600.00 strike expiring Apr 17, 2026, 1.40% yield, $8.40 premium per contract.
View in screenerImplied volatility
8.8%
Average IV for Cummins Inc. (CMI) is 8.8% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Cummins Inc. (CMI)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $600.00 | Apr 17 | 36 | 0.28 | $8.40 | 1.40% | View details → |
| $580.00 | Apr 17 | 36 | 0.39 | $13.50 | 2.33% | View details → |
| $590.00 | Apr 17 | 36 | 0.34 | $10.30 | 1.75% | View details → |
| $610.00 | Apr 17 | 36 | 0.23 | $5.50 | 0.90% | View details → |
| $570.00 | Apr 17 | 36 | 0.46 | $17.60 | 3.09% | View details → |
How to use this data
- Open the screener for Cummins Inc. (CMI). Open our Covered Calls screener with Cummins Inc. (CMI) (CMI) pre-loaded so you see only CMI 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 Cummins Inc. (CMI) Covered Call Opportunities
Our analysis of Cummins Inc. (CMI) covered calls shows 229 active options contracts with an average premium yield of 0.47% and maximum yields reaching 3.09%. The average implied volatility stands at 8.8%, with peak IV reaching 37.1%, indicating moderate volatility premiums available. Cummins Inc. (CMI) operates in the Industrials sector within the Specialty Industrial Machinery industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find Cummins Inc. (CMI) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Cummins Inc. (CMI) Covered Calls
What are the best covered calls for Cummins Inc. (CMI)?
The best covered calls for Cummins Inc. (CMI) offer premium yields of up to 3.09% annually. Our screener identifies 229 available contracts, with top opportunities providing 0.47% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 8.8%.
How do I find covered calls for Cummins Inc. (CMI)?
Use our Covered Calls screener to filter Cummins Inc. (CMI) options by premium yield, delta, expiration date, and implied volatility. The screener shows 229 available contracts for Cummins Inc. (CMI), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Cummins Inc. (CMI) covered calls?
The average premium yield for Cummins Inc. (CMI) covered calls is currently 0.47%, with maximum yields reaching 3.09%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 8.8% for Cummins Inc. (CMI) options.
Is Cummins Inc. (CMI) a good stock for covered calls?
Cummins Inc. (CMI) presents 229 covered calls opportunities with yields up to 3.09%. With a B+ rating, Cummins Inc. (CMI) in the Industrials sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Cummins Inc. (CMI) for covered calls.
What expiration dates are available for Cummins Inc. (CMI) covered calls?
Our screener shows Cummins Inc. (CMI) 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 Cummins Inc. (CMI) covered calls?
Implied volatility significantly impacts covered calls premiums for Cummins Inc. (CMI). Currently, Cummins Inc. (CMI) options show an average IV of 8.8% with peaks at 37.1%. 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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