IBIT Covered Call Opportunities
Selling a covered call on IBIT (IBIT) 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 IBIT closes above it at expiry.
As of 2026-07-26, IBIT last traded around $36.35. Its best-scoring covered call is the $36.50 strike expiring 2026-08-21, paying $1.42 per share — a 3.89% premium ratio and a Net Score of 6.0 out of 10.
Covered Call data for IBIT — cached 2026-07-26| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-07-31 | ATM | $36.50 | $0.63 | 1.73% | 5.1 |
| 2026-08-07 | ATM | $36.50 | $0.94 | 2.58% | 5.4 |
| 2026-08-14 | ATM | $36.50 | $1.20 | 3.29% | 5.7 |
| 2026-08-21 | ATM | $36.50 | $1.42 | 3.89% | 6.0 |
How much income does an IBIT covered call generate?
One options contract covers 100 shares. At the $36.50 strike, IBIT pays $1.42 per share, so a single contract collects about $142 in premium. That income is set against buying 100 shares at $36.35, roughly $3635 of capital — the 3.89% premium ratio shown above.
IBIT premium ratio trend
Over the last 27 trading snapshots, IBIT's covered call premium ratio has ranged from 2.92% to 7.57%, averaging 4.43%. It currently sits at 3.89%, which is below its recent average — a higher ratio means more income per dollar of stock held.
Is IBIT a good covered call stock?
The Net Score weighs income against risk: how far IBIT 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 IBIT against every other symbol on the ranked screener before committing capital.
IBIT covered call FAQ
How much does an IBIT covered call pay?
At the $36.50 strike expiring 2026-08-21, one IBIT contract collects $1.42 per share — about $142 for the 100 shares one contract covers. That is a 3.89% premium ratio against roughly $3635 of capital.
Is IBIT a good covered call candidate?
Kovered scores this setup 6.0 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. IBIT last traded at $36.35 versus a 52-week low of $32.84. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an IBIT covered call and a cash secured put?
A covered call needs you to already own 100 IBIT shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy IBIT 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 IBIT data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the IBIT figures on this page reflect the most recent market close.