PTON Covered Call Opportunities
Selling a covered call on Peloton Interactive Inc (PTON) 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 PTON closes above it at expiry.
As of 2026-07-26, PTON last traded around $6.08. Its best-scoring covered call is the $6.00 strike expiring 2026-08-07, paying $0.57 per share — a 9.50% premium ratio and a Net Score of 7.2 out of 10.
Covered Call data for PTON — cached 2026-07-26| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-07-31 | ITM | $6.00 | $0.21 | 3.50% | 4.8 |
| 2026-08-07 | ITM | $6.00 | $0.57 | 9.50% | 7.2 |
| 2026-08-14 | ITM | $6.00 | $0.59 | 9.83% | 7.2 |
| 2026-08-21 | ITM | $6.00 | $0.63 | 10.50% | 7.2 |
How much income does an PTON covered call generate?
One options contract covers 100 shares. At the $6.00 strike, PTON pays $0.57 per share, so a single contract collects about $57 in premium. That income is set against buying 100 shares at $6.08, roughly $608 of capital — the 9.50% premium ratio shown above.
PTON premium ratio trend
Over the last 90 trading snapshots, PTON's covered call premium ratio has ranged from 4.33% to 20.36%, averaging 10.04%. It currently sits at 10.50%, which is above its recent average — a higher ratio means more income per dollar of stock held.
Is PTON a good covered call stock?
The Net Score weighs income against risk: how far PTON 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 PTON against every other symbol on the ranked screener before committing capital.
PTON covered call FAQ
How much does an PTON covered call pay?
At the $6.00 strike expiring 2026-08-07, one PTON contract collects $0.57 per share — about $57 for the 100 shares one contract covers. That is a 9.50% premium ratio against roughly $608 of capital.
Is PTON a good covered call candidate?
Kovered scores this setup 7.2 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. PTON last traded at $6.08 versus a 52-week low of $3.65. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an PTON covered call and a cash secured put?
A covered call needs you to already own 100 PTON shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy PTON 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 PTON data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the PTON figures on this page reflect the most recent market close.