Best Covered Call Strategy for LLY Stock Over 14 Days — Up to 3.55% Yield
Eli Lilly and Company · LLY · Covered Call · Updated Jul 26, 2026
Best covered call strategy for LLY stock over 14 days: sell a ~0.25–0.30 delta call in the 7–21 DTE window. Example contracts below for Eli Lilly and Company (LLY) reach up to 3.55% annualized yield (3.36% avg on top strikes)—compare strike, premium, and IV before opening the screener.
View LLY chartBest covered call strategy for LLY stock over 14 days
Target ~0.25–0.30 delta in the 7–21 DTE window. Top contracts reach up to 3.55% annualized yield (3.36% avg). Example: $1,210 strike, 19 DTE, 3.55% yield at ~0.49 delta. Full comparison is in the table below.
Earnings soon: Aug 5, 2026 (10 days). Calendar
Top Covered Calls (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $1,210.00 | Aug 14 | 19 | 0.49 | $46.80 | 3.55% | 47 | Open |
| $1,220.00 | Aug 14 | 19 | 0.46 | $42.65 | 3.20% | 47 | Open |
| $1,215.00 | Aug 14 | 19 | 0.47 | $44.53 | 3.37% | 46 | Open |
| $1,205.00 | Aug 7 | 12 | 0.50 | $44.10 | 3.40% | 42 | Open |
| $1,210.00 | Aug 7 | 12 | 0.48 | $42.83 | 3.27% | 40 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Eli Lilly and Company (LLY): $1,210.00 strike expiring Aug 14, 2026, 3.55% yield.
Short-term opportunities
Eli Lilly and Company (LLY) has competitive covered calls expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for Eli Lilly and Company (LLY) is 47.9% (elevated)— favorable for premium sellers.
Weekly vs monthly yield
Best ≤14 DTE yield: 3.40%. Best >14 DTE: 3.55%.
How to use this page
- Review Eli Lilly and Company (LLY) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Eli Lilly and Company (LLY) — Open our Covered Calls screener with LLY pre-loaded and optional 14-day or 30-day DTE filters.
- Compare and execute — Refine yield, delta, and IV in the screener, then place the trade in your broker.
Analysis
Our analysis of Eli Lilly and Company (LLY) covered calls shows average premium yield of 3.36% and peaks at 3.55%. Average implied volatility is 47.9% (peak 51.9%), indicating elevated volatility for premium sellers. Eli Lilly and Company (LLY) operates in the Healthcare sector within the Drug Manufacturers - General industry. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What is the best covered call strategy for LLY stock over 14 days?
For a 14-day covered call on LLY, target ~0.25–0.30 delta strikes in the 7–21 DTE window with annualized yield up to 3.55% (3.36% avg on top contracts). Example from today’s chain: $1,210.00 strike, 19 DTE, 3.55% annualized yield at ~0.49 delta. Compare strike, premium, delta, and IV in the table above, then open the covered call screener for live filters.
What are the best covered calls for Eli Lilly and Company (LLY)?
The best covered calls for Eli Lilly and Company (LLY) reach up to 3.55% annualized yield (3.36% average on top strikes). This page emphasizes roughly 14–21 day expirations plus 30-day style windows. Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Eli Lilly and Company (LLY)'s fundamentals for covered calls?
For Eli Lilly and Company (LLY), key fundamentals include last price $1,196.22, P/E 42.5, market cap $1.1 Trillion, Healthcare sector, WSO rating B, analyst consensus Buy. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for Eli Lilly and Company (LLY)?
Use our Covered Calls screener with Eli Lilly and Company (LLY) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (47.9% avg IV on this page).
What is the average premium yield for Eli Lilly and Company (LLY) covered calls?
Average premium yield for Eli Lilly and Company (LLY) covered calls is 3.36%, with top contracts up to 3.55%. Yields move with strike, expiration, and IV (avg 47.9%, peak 51.9%).
Is Eli Lilly and Company (LLY) a good stock for covered calls?
Eli Lilly and Company (LLY) offers covered calls with yields up to 3.55%. WSO rates it B. It is in Healthcare. IV is elevated—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Eli Lilly and Company (LLY) covered calls?
Eli Lilly and Company (LLY) has short-dated contracts (~7–21 DTE) and medium-term expirations (~22–45 DTE) on this page. Use DTE chips to jump to the screener with matching expiration filters.
How does implied volatility affect Eli Lilly and Company (LLY) covered calls?
IV drives option premiums: Eli Lilly and Company (LLY) averages 47.9% IV (peak 51.9%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.