Best Covered Calls for Otis Worldwide Corporation (OTIS) — Up to 2.21% Premium Yield
Otis Worldwide Corporation · OTIS · Covered Call · Updated Sep 12, 2026
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. Highlighted near-term covered calls on Otis Worldwide Corporation (OTIS) reach up to 2.21% annualized yield (0.70% avg on top strikes in the tables below).
View OTIS chartTop Covered Calls
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $70.00 | Oct 16 | 34 | 0.46 | $1.65 | 2.21% | 29 | Open |
| $72.50 | Oct 16 | 34 | 0.26 | $0.73 | 0.83% | 16 | Open |
| $75.00 | Oct 16 | 34 | 0.12 | $0.28 | 0.27% | 2 | Open |
| $80.00 | Oct 16 | 34 | 0.04 | $0.10 | 0.13% | 1 | Open |
| $77.50 | Oct 16 | 34 | 0.07 | $0.15 | 0.06% | 1 | Open |
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for Otis Worldwide Corporation (OTIS): $70.00 strike expiring Oct 16, 2026, 2.21% yield.
Implied volatility
Average IV for Otis Worldwide Corporation (OTIS) is 23.4% (moderate).
How to use this page
- Review Otis Worldwide Corporation (OTIS) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for Otis Worldwide Corporation (OTIS) — Open our Covered Calls screener with OTIS 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 Otis Worldwide Corporation (OTIS) covered calls shows average premium yield of 0.70% and peaks at 2.21%. Average implied volatility is 23.4% (peak 26.5%), indicating moderate volatility for premium sellers. Otis Worldwide Corporation (OTIS) operates in the Industrials sector within the Specialty Industrial Machinery industry, earning an overall score of 3. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for Otis Worldwide Corporation (OTIS)?
The best covered calls for Otis Worldwide Corporation (OTIS) reach up to 2.21% annualized yield (0.70% average on top strikes). Compare strike, DTE, delta, and IV in the tables below, then open the screener for full filters.
What are Otis Worldwide Corporation (OTIS)'s fundamentals for covered calls?
For Otis Worldwide Corporation (OTIS), key fundamentals include last price $69.09, P/E 17.4, market cap $26.3 Billion, Industrials 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 Otis Worldwide Corporation (OTIS)?
Use our Covered Calls screener with Otis Worldwide Corporation (OTIS) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (23.4% avg IV on this page).
What is the average premium yield for Otis Worldwide Corporation (OTIS) covered calls?
Average premium yield for Otis Worldwide Corporation (OTIS) covered calls is 0.70%, with top contracts up to 2.21%. Yields move with strike, expiration, and IV (avg 23.4%, peak 26.5%).
Is Otis Worldwide Corporation (OTIS) a good stock for covered calls?
Otis Worldwide Corporation (OTIS) offers covered calls with yields up to 2.21%. WSO rates it B-. It is in Industrials. IV is moderate—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for Otis Worldwide Corporation (OTIS) covered calls?
Top contracts on this page use medium-term expirations. Filter any DTE in the screener for Otis Worldwide Corporation (OTIS).
How does implied volatility affect Otis Worldwide Corporation (OTIS) covered calls?
IV drives option premiums: Otis Worldwide Corporation (OTIS) averages 23.4% IV (peak 26.5%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.