Best Covered Calls for Hormel Foods Corporation (HRL) — Up to 1.46% Premium Yield
Discover the best covered calls opportunities for Hormel Foods Corporation (HRL) (Consumer Defensive sector). Our comprehensive analysis of Hormel Foods Corporation (HRL) covered calls reveals 121 available contracts with premium yields ranging up to 1.46% annually. Hormel Foods Corporation (HRL) currently trades at $23.03 with a market cap of $13.4 Billion, making it a B--rated candidate for covered calls strategies.
View HRL in screenerKey Metrics for Hormel Foods Corporation (HRL) Covered Calls
Actionable insights for Hormel Foods Corporation (HRL)
Top pick
0.62%
Best covered calls contract for Hormel Foods Corporation (HRL): $29.00 strike expiring Apr 17, 2026, 0.62% yield, $0.18 premium per contract.
View in screenerImplied volatility
10.6%
Average IV for Hormel Foods Corporation (HRL) is 10.6% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Hormel Foods Corporation (HRL)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $29.00 | Apr 17 | 36 | 0.16 | $0.18 | 0.62% | View details → |
| $25.00 | Apr 10 | 29 | 0.22 | $0.15 | 0.60% | View details → |
| $24.00 | Apr 10 | 29 | 0.35 | $0.35 | 1.46% | View details → |
| $24.00 | Apr 17 | 36 | 0.37 | $0.30 | 1.25% | View details → |
| $24.00 | Apr 2 | 21 | 0.32 | $0.25 | 1.04% | View details → |
How to use this data
- Open the screener for Hormel Foods Corporation (HRL). Open our Covered Calls screener with Hormel Foods Corporation (HRL) (HRL) pre-loaded so you see only HRL 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 Hormel Foods Corporation (HRL) Covered Call Opportunities
Our analysis of Hormel Foods Corporation (HRL) covered calls shows 121 active options contracts with an average premium yield of 0.28% and maximum yields reaching 1.46%. The average implied volatility stands at 10.6%, with peak IV reaching 65.2%, indicating moderate volatility premiums available. Hormel Foods Corporation (HRL) operates in the Consumer Defensive sector within the Packaged Foods industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find Hormel Foods Corporation (HRL) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Hormel Foods Corporation (HRL) Covered Calls
What are the best covered calls for Hormel Foods Corporation (HRL)?
The best covered calls for Hormel Foods Corporation (HRL) offer premium yields of up to 1.46% annually. Our screener identifies 121 available contracts, with top opportunities providing 0.28% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 10.6%.
How do I find covered calls for Hormel Foods Corporation (HRL)?
Use our Covered Calls screener to filter Hormel Foods Corporation (HRL) options by premium yield, delta, expiration date, and implied volatility. The screener shows 121 available contracts for Hormel Foods Corporation (HRL), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Hormel Foods Corporation (HRL) covered calls?
The average premium yield for Hormel Foods Corporation (HRL) covered calls is currently 0.28%, with maximum yields reaching 1.46%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 10.6% for Hormel Foods Corporation (HRL) options.
Is Hormel Foods Corporation (HRL) a good stock for covered calls?
Hormel Foods Corporation (HRL) presents 121 covered calls opportunities with yields up to 1.46%. With a B- rating, Hormel Foods Corporation (HRL) in the Consumer Defensive sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Hormel Foods Corporation (HRL) for covered calls.
What expiration dates are available for Hormel Foods Corporation (HRL) covered calls?
Our screener shows Hormel Foods Corporation (HRL) 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 Hormel Foods Corporation (HRL) covered calls?
Implied volatility significantly impacts covered calls premiums for Hormel Foods Corporation (HRL). Currently, Hormel Foods Corporation (HRL) options show an average IV of 10.6% with peaks at 65.2%. 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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