Best Covered Call Strategy for State Street SPDR S&P 500 ETF Trust (SPY) Over 14 Days — Up to 1.55% Yield
State Street SPDR S&P 500 ETF Trust · SPY · Covered Call · Updated Jun 10, 2026
Best covered call strategy for State Street SPDR S&P 500 ETF Trust (SPY) over 14 days: compare example strikes in the table below—top 14-day contracts reach up to 1.55% annualized yield (1.44% avg).
View SPY on ScreenwichTop Covered Calls (14–30 day)
Open full screener| Strike | Expiration | DTE | Delta | Premium | Yield | Score | Action |
|---|---|---|---|---|---|---|---|
| $730.00 | Jun 30 | 20 | 0.45 | $10.24 | 1.40% | 37 | Open |
| $729.00 | Jun 30 | 20 | 0.47 | $10.76 | 1.47% | 33 | Open |
| $728.00 | Jun 30 | 20 | 0.48 | $11.30 | 1.55% | 32 | Open |
| $729.00 | Jun 26 | 16 | 0.46 | $9.85 | 1.35% | 31 | Open |
| $728.00 | Jun 26 | 16 | 0.47 | $10.38 | 1.42% | 28 | Open |
Additional medium-term contracts (22–45 DTE)
Key Metrics
Financial Performance
Covered calls snapshot
Insights
Top pick
Best covered calls for State Street SPDR S&P 500 ETF Trust (SPY): $730.00 strike expiring Jun 30, 2026, 1.40% yield.
Short-term opportunities
State Street SPDR S&P 500 ETF Trust (SPY) has competitive covered calls expiring within ~14–21 days—use the 14-day screener filter to compare.
Implied volatility
Average IV for State Street SPDR S&P 500 ETF Trust (SPY) is 18.5% (moderate).
How to use this page
- Review State Street SPDR S&P 500 ETF Trust (SPY) fundamentals — Check stock price, sector, and technicals in the company snapshot, then compare top contract cards.
- Open the screener for State Street SPDR S&P 500 ETF Trust (SPY) — Open our Covered Calls screener with SPY 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 State Street SPDR S&P 500 ETF Trust (SPY) covered calls shows average premium yield of 1.44% and peaks at 1.55%. Average implied volatility is 18.5% (peak 19.1%), indicating moderate volatility for premium sellers. Use the tables below to compare strike, DTE, and delta before opening the full screener.
FAQ
What are the best covered calls for State Street SPDR S&P 500 ETF Trust (SPY)?
The best covered calls for State Street SPDR S&P 500 ETF Trust (SPY) reach up to 1.55% annualized yield (1.44% 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 State Street SPDR S&P 500 ETF Trust (SPY)'s fundamentals for covered calls?
For State Street SPDR S&P 500 ETF Trust (SPY), key fundamentals include last price $725.24, P/E 26.7. Fundamentals help you judge assignment risk and premium richness before selling options.
How do I find covered calls for State Street SPDR S&P 500 ETF Trust (SPY)?
Use our Covered Calls screener with State Street SPDR S&P 500 ETF Trust (SPY) pre-loaded: filter by premium yield, DTE (14-day or 30-day windows), delta, and implied volatility (18.5% avg IV on this page).
What is the average premium yield for State Street SPDR S&P 500 ETF Trust (SPY) covered calls?
Average premium yield for State Street SPDR S&P 500 ETF Trust (SPY) covered calls is 1.44%, with top contracts up to 1.55%. Yields move with strike, expiration, and IV (avg 18.5%, peak 19.1%).
Is State Street SPDR S&P 500 ETF Trust (SPY) a good stock for covered calls?
State Street SPDR S&P 500 ETF Trust (SPY) offers covered calls with yields up to 1.55%. IV is moderate—weigh premium income vs. assignment and earnings risk.
What expiration dates are available for State Street SPDR S&P 500 ETF Trust (SPY) covered calls?
State Street SPDR S&P 500 ETF Trust (SPY) 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 State Street SPDR S&P 500 ETF Trust (SPY) covered calls?
IV drives option premiums: State Street SPDR S&P 500 ETF Trust (SPY) averages 18.5% IV (peak 19.1%). Higher IV can mean richer premiums but more price swing—balance yield with delta and DTE.