Best Covered Calls for SPDR Gold Shares (GLD) — Up to 3.12% Premium Yield
Discover the best covered calls opportunities for SPDR Gold Shares (GLD) (N/A sector). Our comprehensive analysis of SPDR Gold Shares (GLD) covered calls reveals 3,810 available contracts with premium yields ranging up to 3.12% annually. SPDR Gold Shares (GLD) currently trades at $476.24 with a market cap of $123.3 Billion, making it an attractive candidate for covered calls strategies.
View GLD in screenerKey Metrics for SPDR Gold Shares (GLD) Covered Calls
Actionable insights for SPDR Gold Shares (GLD)
Top pick
2.93%
Best covered calls contract for SPDR Gold Shares (GLD): $483.00 strike expiring Apr 17, 2026, 2.93% yield, $14.15 premium per contract.
View in screenerImplied volatility
7.2%
Average IV for SPDR Gold Shares (GLD) is 7.2% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for SPDR Gold Shares (GLD)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $483.00 | Apr 17 | 36 | 0.48 | $14.15 | 2.93% | View details → |
| $484.00 | Apr 17 | 36 | 0.47 | $13.75 | 2.84% | View details → |
| $481.00 | Apr 17 | 36 | 0.50 | $15.00 | 3.12% | View details → |
| $482.00 | Apr 17 | 36 | 0.49 | $14.60 | 3.03% | View details → |
| $480.00 | Apr 10 | 29 | 0.50 | $13.60 | 2.83% | View details → |
How to use this data
- Open the screener for SPDR Gold Shares (GLD). Open our Covered Calls screener with SPDR Gold Shares (GLD) (GLD) pre-loaded so you see only GLD 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 SPDR Gold Shares (GLD) Covered Call Opportunities
Our analysis of SPDR Gold Shares (GLD) covered calls shows 3,810 active options contracts with an average premium yield of 0.74% and maximum yields reaching 3.12%. The average implied volatility stands at 7.2%, with peak IV reaching 28.9%, indicating moderate volatility premiums available. Investors seeking income generation while maintaining stock ownership will find SPDR Gold Shares (GLD) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about SPDR Gold Shares (GLD) Covered Calls
What are the best covered calls for SPDR Gold Shares (GLD)?
The best covered calls for SPDR Gold Shares (GLD) offer premium yields of up to 3.12% annually. Our screener identifies 3,810 available contracts, with top opportunities providing 0.74% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 7.2%.
How do I find covered calls for SPDR Gold Shares (GLD)?
Use our Covered Calls screener to filter SPDR Gold Shares (GLD) options by premium yield, delta, expiration date, and implied volatility. The screener shows 3,810 available contracts for SPDR Gold Shares (GLD), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for SPDR Gold Shares (GLD) covered calls?
The average premium yield for SPDR Gold Shares (GLD) covered calls is currently 0.74%, with maximum yields reaching 3.12%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 7.2% for SPDR Gold Shares (GLD) options.
Is SPDR Gold Shares (GLD) a good stock for covered calls?
SPDR Gold Shares (GLD) presents 3,810 covered calls opportunities with yields up to 3.12%. SPDR Gold Shares (GLD) offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating SPDR Gold Shares (GLD) for covered calls.
What expiration dates are available for SPDR Gold Shares (GLD) covered calls?
Our screener shows SPDR Gold Shares (GLD) 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 SPDR Gold Shares (GLD) covered calls?
Implied volatility significantly impacts covered calls premiums for SPDR Gold Shares (GLD). Currently, SPDR Gold Shares (GLD) options show an average IV of 7.2% with peaks at 28.9%. 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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