AMAT Covered Call Opportunities
Selling a covered call on Applied Materials Inc. (AMAT) means holding 100 shares and selling a call option against them. You collect the premium up front; in exchange you agree to sell your shares at the strike price if AMAT closes above it at expiry.
As of 2026-07-26, AMAT last traded around $536.25. Its best-scoring covered call is the $535.00 strike expiring 2026-08-14, paying $48.31 per share — a 9.03% premium ratio and a Net Score of 4.9 out of 10.
Covered Call data for AMAT — cached 2026-07-26| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-07-31 | ATM | $535.00 | $28.00 | 5.23% | 3.2 |
| 2026-08-07 | ATM | $535.00 | $36.00 | 6.73% | 3.9 |
| 2026-08-14 | ATM | $535.00 | $48.31 | 9.03% | 4.9 |
| 2026-08-21 | ATM | $535.00 | $53.55 | 10.01% | 4.9 |
How much income does an AMAT covered call generate?
One options contract covers 100 shares. At the $535.00 strike, AMAT pays $48.31 per share, so a single contract collects about $4831 in premium. That income is set against buying 100 shares at $536.25, roughly $53625 of capital — the 9.03% premium ratio shown above.
AMAT premium ratio trend
Over the last 90 trading snapshots, AMAT's covered call premium ratio has ranged from 3.49% to 23.29%, averaging 8.04%. It currently sits at 10.01%, which is above its recent average — a higher ratio means more income per dollar of stock held.
Is AMAT a good covered call stock?
The Net Score weighs income against risk: how far AMAT sits above its 52-week low, the premium relative to the strike, the capital required, and the absolute premium collected. A score of 8 or above marks an unusually strong risk-adjusted setup. Compare AMAT against every other symbol on the ranked screener before committing capital.
AMAT covered call FAQ
How much does an AMAT covered call pay?
At the $535.00 strike expiring 2026-08-14, one AMAT contract collects $48.31 per share — about $4831 for the 100 shares one contract covers. That is a 9.03% premium ratio against roughly $53625 of capital.
Is AMAT a good covered call candidate?
Kovered scores this setup 4.9 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. AMAT last traded at $536.25 versus a 52-week low of $154.47. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an AMAT covered call and a cash secured put?
A covered call needs you to already own 100 AMAT shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy AMAT if it falls below the strike. Both collect premium up front; the covered call suits holders, the cash secured put suits buyers waiting for a lower entry.
How often is this AMAT data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the AMAT figures on this page reflect the most recent market close.