Best Covered Calls for Elevance Health, Inc. (ELV) — Up to 3.60% Premium Yield

Discover the best covered calls opportunities for Elevance Health, Inc. (ELV) (Healthcare sector). Our comprehensive analysis of Elevance Health, Inc. (ELV) covered calls reveals 322 available contracts with premium yields ranging up to 3.60% annually. Elevance Health, Inc. (ELV) currently trades at $289.79 with a market cap of $63.9 Billion, making it a A--rated candidate for covered calls strategies.

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Key Metrics for Elevance Health, Inc. (ELV) Covered Calls

Available Contracts
322
Average Yield
0.53%
Maximum Yield
3.60%
Current Stock Price
$289.79
Average IV
15.4%
Peak IV
82.8%
Market Cap
$63.9 Billion
Rating
A-

Actionable insights for Elevance Health, Inc. (ELV)

Top pick

0.91%

Best covered calls contract for Elevance Health, Inc. (ELV): $440.00 strike expiring Apr 17, 2026, 0.91% yield, $4.00 premium per contract.

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Implied volatility

15.4%

Average IV for Elevance Health, Inc. (ELV) is 15.4% (moderate) — consider strike selection and expiration for optimal premium.

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Top Covered Calls for Elevance Health, Inc. (ELV)

StrikeExpirationDTEDeltaPremiumYieldAction
$440.00Apr 17360.08$4.000.91%View details →
$320.00Apr 17360.27$4.501.41%View details →
$310.00Apr 17360.36$7.002.26%View details →
$330.00Apr 17360.21$3.000.91%View details →
$300.00Apr 17360.45$10.803.60%View details →

How to use this data

  1. Open the screener for Elevance Health, Inc. (ELV). Open our Covered Calls screener with Elevance Health, Inc. (ELV) (ELV) pre-loaded so you see only ELV options.
  2. Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
  3. Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.

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Analysis of Elevance Health, Inc. (ELV) Covered Call Opportunities

Our analysis of Elevance Health, Inc. (ELV) covered calls shows 322 active options contracts with an average premium yield of 0.53% and maximum yields reaching 3.60%. The average implied volatility stands at 15.4%, with peak IV reaching 82.8%, indicating moderate volatility premiums available. Elevance Health, Inc. (ELV) operates in the Healthcare sector within the Healthcare Plans industry, earning an overall score of 4. Investors seeking income generation while maintaining stock ownership will find Elevance Health, Inc. (ELV) covered calls particularly compelling given the current market conditions and available premium yields.

FAQs about Elevance Health, Inc. (ELV) Covered Calls

What are the best covered calls for Elevance Health, Inc. (ELV)?

The best covered calls for Elevance Health, Inc. (ELV) offer premium yields of up to 3.60% annually. Our screener identifies 322 available contracts, with top opportunities providing 0.53% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 15.4%.

How do I find covered calls for Elevance Health, Inc. (ELV)?

Use our Covered Calls screener to filter Elevance Health, Inc. (ELV) options by premium yield, delta, expiration date, and implied volatility. The screener shows 322 available contracts for Elevance Health, Inc. (ELV), sorted by yield percentage to help you identify the most profitable opportunities.

What is the average premium yield for Elevance Health, Inc. (ELV) covered calls?

The average premium yield for Elevance Health, Inc. (ELV) covered calls is currently 0.53%, with maximum yields reaching 3.60%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 15.4% for Elevance Health, Inc. (ELV) options.

Is Elevance Health, Inc. (ELV) a good stock for covered calls?

Elevance Health, Inc. (ELV) presents 322 covered calls opportunities with yields up to 3.60%. With a A- rating, Elevance Health, Inc. (ELV) in the Healthcare sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Elevance Health, Inc. (ELV) for covered calls.

What expiration dates are available for Elevance Health, Inc. (ELV) covered calls?

Our screener shows Elevance Health, Inc. (ELV) 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 Elevance Health, Inc. (ELV) covered calls?

Implied volatility significantly impacts covered calls premiums for Elevance Health, Inc. (ELV). Currently, Elevance Health, Inc. (ELV) options show an average IV of 15.4% with peaks at 82.8%. 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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