T Covered Call Opportunities
Selling a covered call on AT&T Inc (T) 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 T closes above it at expiry.
As of 2026-07-26, T last traded around $24.13. Its best-scoring covered call is the $24.00 strike expiring 2026-08-21, paying $0.80 per share — a 3.33% premium ratio and a Net Score of 5.5 out of 10.
Covered Call data for T — cached 2026-07-26| Expiry | Strike type | Strike | Premium | Premium ratio | Net Score |
|---|
| 2026-07-31 | ATM | $24.00 | $0.41 | 1.71% | 4.8 |
| 2026-08-07 | ATM | $24.00 | $0.55 | 2.29% | 5.0 |
| 2026-08-14 | ATM | $24.00 | $0.65 | 2.71% | 5.2 |
| 2026-08-21 | ATM | $24.00 | $0.80 | 3.33% | 5.5 |
How much income does an T covered call generate?
One options contract covers 100 shares. At the $24.00 strike, T pays $0.80 per share, so a single contract collects about $80 in premium. That income is set against buying 100 shares at $24.13, roughly $2413 of capital — the 3.33% premium ratio shown above.
T premium ratio trend
Over the last 90 trading snapshots, T's covered call premium ratio has ranged from 0.96% to 7.40%, averaging 3.23%. It currently sits at 3.33%, which is above its recent average — a higher ratio means more income per dollar of stock held.
Is T a good covered call stock?
The Net Score weighs income against risk: how far T 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 T against every other symbol on the ranked screener before committing capital.
T covered call FAQ
How much does an T covered call pay?
At the $24.00 strike expiring 2026-08-21, one T contract collects $0.80 per share — about $80 for the 100 shares one contract covers. That is a 3.33% premium ratio against roughly $2413 of capital.
Is T a good covered call candidate?
Kovered scores this setup 5.5 out of 10. The Net Score weighs the premium ratio against downside risk, capital required and total premium. T last traded at $24.13 versus a 52-week low of $19.89. Scores of 8 or above are unusually strong on a risk-adjusted basis.
What is the difference between an T covered call and a cash secured put?
A covered call needs you to already own 100 T shares and caps your upside at the strike. A cash secured put needs cash instead of shares and obliges you to buy T 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 T data updated?
Kovered refreshes strikes, premiums and Net Scores daily from live options data, so the T figures on this page reflect the most recent market close.