Best Covered Calls for NetApp, Inc. (NTAP) — Up to 3.20% Premium Yield
Discover the best covered calls opportunities for NetApp, Inc. (NTAP) (Technology sector). Our comprehensive analysis of NetApp, Inc. (NTAP) covered calls reveals 159 available contracts with premium yields ranging up to 3.20% annually. NetApp, Inc. (NTAP) currently trades at $97.58 with a market cap of $20.0 Billion, making it a B+-rated candidate for covered calls strategies.
View NTAP in screenerKey Metrics for NetApp, Inc. (NTAP) Covered Calls
Actionable insights for NetApp, Inc. (NTAP)
Top pick
0.88%
Best covered calls contract for NetApp, Inc. (NTAP): $130.00 strike expiring Apr 17, 2026, 0.88% yield, $1.15 premium per contract.
View in screenerImplied volatility
32.6%
Average IV for NetApp, Inc. (NTAP) is 32.6% (elevated) — favorable for premium sellers.
View in screenerTop Covered Calls for NetApp, Inc. (NTAP)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $130.00 | Apr 17 | 36 | 0.12 | $1.15 | 0.88% | View details → |
| $100.00 | Apr 17 | 36 | 0.46 | $3.20 | 3.20% | View details → |
| $105.00 | Apr 17 | 36 | 0.31 | $1.55 | 1.48% | View details → |
| $110.00 | Apr 17 | 36 | 0.18 | $0.70 | 0.64% | View details → |
| $120.00 | Apr 17 | 36 | 0.09 | $0.50 | 0.42% | View details → |
How to use this data
- Open the screener for NetApp, Inc. (NTAP). Open our Covered Calls screener with NetApp, Inc. (NTAP) (NTAP) pre-loaded so you see only NTAP 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 NetApp, Inc. (NTAP) Covered Call Opportunities
Our analysis of NetApp, Inc. (NTAP) covered calls shows 159 active options contracts with an average premium yield of 0.95% and maximum yields reaching 3.20%. The average implied volatility stands at 32.6%, with peak IV reaching 68.4%, indicating elevated volatility premiums available. NetApp, Inc. (NTAP) operates in the Technology sector within the Software - Infrastructure industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find NetApp, Inc. (NTAP) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about NetApp, Inc. (NTAP) Covered Calls
What are the best covered calls for NetApp, Inc. (NTAP)?
The best covered calls for NetApp, Inc. (NTAP) offer premium yields of up to 3.20% annually. Our screener identifies 159 available contracts, with top opportunities providing 0.95% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 32.6%.
How do I find covered calls for NetApp, Inc. (NTAP)?
Use our Covered Calls screener to filter NetApp, Inc. (NTAP) options by premium yield, delta, expiration date, and implied volatility. The screener shows 159 available contracts for NetApp, Inc. (NTAP), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for NetApp, Inc. (NTAP) covered calls?
The average premium yield for NetApp, Inc. (NTAP) covered calls is currently 0.95%, with maximum yields reaching 3.20%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 32.6% for NetApp, Inc. (NTAP) options.
Is NetApp, Inc. (NTAP) a good stock for covered calls?
NetApp, Inc. (NTAP) presents 159 covered calls opportunities with yields up to 3.20%. With a B+ rating, NetApp, Inc. (NTAP) in the Technology sector offers elevated implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating NetApp, Inc. (NTAP) for covered calls.
What expiration dates are available for NetApp, Inc. (NTAP) covered calls?
Our screener shows NetApp, Inc. (NTAP) 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 NetApp, Inc. (NTAP) covered calls?
Implied volatility significantly impacts covered calls premiums for NetApp, Inc. (NTAP). Currently, NetApp, Inc. (NTAP) options show an average IV of 32.6% with peaks at 68.4%. 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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