Best Covered Calls for Otis Worldwide Corporation (OTIS) — Up to 1.49% Premium Yield
Discover the best covered calls opportunities for Otis Worldwide Corporation (OTIS) (Industrials sector). Our comprehensive analysis of Otis Worldwide Corporation (OTIS) covered calls reveals 62 available contracts with premium yields ranging up to 1.49% annually. Otis Worldwide Corporation (OTIS) currently trades at $84.60 with a market cap of $34.8 Billion, making it a C+-rated candidate for covered calls strategies.
View OTIS in screenerKey Metrics for Otis Worldwide Corporation (OTIS) Covered Calls
Actionable insights for Otis Worldwide Corporation (OTIS)
Top pick
1.49%
Best covered calls contract for Otis Worldwide Corporation (OTIS): $87.50 strike expiring Apr 17, 2026, 1.49% yield, $1.30 premium per contract.
View in screenerImplied volatility
26.9%
Average IV for Otis Worldwide Corporation (OTIS) is 26.9% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Otis Worldwide Corporation (OTIS)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $87.50 | Apr 17 | 36 | 0.37 | $1.30 | 1.49% | View details → |
| $100.00 | Apr 17 | 36 | 0.24 | $0.35 | 0.35% | View details → |
| $97.50 | Apr 17 | 36 | 0.20 | $0.20 | 0.21% | View details → |
| $92.50 | Apr 17 | 36 | 0.17 | $0.15 | 0.16% | View details → |
| $90.00 | Apr 17 | 36 | 0.27 | $0.45 | 0.50% | View details → |
How to use this data
- Open the screener for Otis Worldwide Corporation (OTIS). Open our Covered Calls screener with Otis Worldwide Corporation (OTIS) (OTIS) pre-loaded so you see only OTIS 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 Otis Worldwide Corporation (OTIS) Covered Call Opportunities
Our analysis of Otis Worldwide Corporation (OTIS) covered calls shows 62 active options contracts with an average premium yield of 0.39% and maximum yields reaching 1.49%. The average implied volatility stands at 26.9%, with peak IV reaching 63.6%, indicating moderate volatility premiums available. Otis Worldwide Corporation (OTIS) operates in the Industrials sector within the Specialty Industrial Machinery industry, earning an overall score of 2. Investors seeking income generation while maintaining stock ownership will find Otis Worldwide Corporation (OTIS) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Otis Worldwide Corporation (OTIS) Covered Calls
What are the best covered calls for Otis Worldwide Corporation (OTIS)?
The best covered calls for Otis Worldwide Corporation (OTIS) offer premium yields of up to 1.49% annually. Our screener identifies 62 available contracts, with top opportunities providing 0.39% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 26.9%.
How do I find covered calls for Otis Worldwide Corporation (OTIS)?
Use our Covered Calls screener to filter Otis Worldwide Corporation (OTIS) options by premium yield, delta, expiration date, and implied volatility. The screener shows 62 available contracts for Otis Worldwide Corporation (OTIS), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Otis Worldwide Corporation (OTIS) covered calls?
The average premium yield for Otis Worldwide Corporation (OTIS) covered calls is currently 0.39%, with maximum yields reaching 1.49%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 26.9% for Otis Worldwide Corporation (OTIS) options.
Is Otis Worldwide Corporation (OTIS) a good stock for covered calls?
Otis Worldwide Corporation (OTIS) presents 62 covered calls opportunities with yields up to 1.49%. With a C+ rating, Otis Worldwide Corporation (OTIS) in the Industrials sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Otis Worldwide Corporation (OTIS) for covered calls.
What expiration dates are available for Otis Worldwide Corporation (OTIS) covered calls?
Our screener shows Otis Worldwide Corporation (OTIS) 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 Otis Worldwide Corporation (OTIS) covered calls?
Implied volatility significantly impacts covered calls premiums for Otis Worldwide Corporation (OTIS). Currently, Otis Worldwide Corporation (OTIS) options show an average IV of 26.9% with peaks at 63.6%. 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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