Top Covered Call Candidates
Columns show symbol, average call option chain implied volatility, historical volatility (annualized), and average return / (preserve equities) for covered call positions. Returns are primarily driven by current implied volatility levels.
| Symbol | Avg Call Volatility | Historical Volatility† | Average Return* / Preserve Equities |
|---|
* These calculations are for educational purposes only and should not be used to make investment decisions.
† Historical Volatility is expressed as an annualized percentage.
Theoretical return percentages are annualized. Annualized Return = (Expected Net Credit ÷ Underlying Equity Value) × (365 ÷ Days to Expiration).
Average Return (no Preserve Equities): mean of expected annualized returns across eligible short‑call candidates for the symbol. Preserve Equities: uses the same formula but averages only over a stricter, lower‑delta set chosen to reduce assignment risk and maintain long‑share exposure.