GIS Covered Call Opportunities
Selling a covered call on General Mills Inc. (GIS) 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 GIS closes above it at expiry.
As of 2026-07-26, GIS last traded around $36.03. Its best-scoring covered call is the $35.00 strike expiring 2026-08-21, paying $1.85 per share — a 5.29% premium ratio and a Net Score of 6.5 out of 10.
Covered Call data for GIS — cached 2026-07-26| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-08-21 | ITM | $35.00 | $1.85 | 5.29% | 6.5 |
How much income does an GIS covered call generate?
One options contract covers 100 shares. At the $35.00 strike, GIS pays $1.85 per share, so a single contract collects about $185 in premium. That income is set against buying 100 shares at $36.03, roughly $3603 of capital — the 5.29% premium ratio shown above.
GIS premium ratio trend
Over the last 90 trading snapshots, GIS's covered call premium ratio has ranged from 0.27% to 7.38%, averaging 2.89%. It currently sits at 5.29%, which is above its recent average — a higher ratio means more income per dollar of stock held.
Is GIS a good covered call stock?
The Net Score weighs income against risk: how far GIS 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 GIS against every other symbol on the ranked screener before committing capital.
GIS covered call FAQ
How much does an GIS covered call pay?
At the $35.00 strike expiring 2026-08-21, one GIS contract collects $1.85 per share — about $185 for the 100 shares one contract covers. That is a 5.29% premium ratio against roughly $3603 of capital.
Is GIS a good covered call candidate?
Kovered scores this setup 6.5 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. GIS last traded at $36.03 versus a 52-week low of $31.75. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an GIS covered call and a cash secured put?
A covered call needs you to already own 100 GIS shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy GIS 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 GIS data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the GIS figures on this page reflect the most recent market close.