Filtered: Under $50 / share

Covered Calls Under $50

The best covered call setups on stocks trading under $50 a share — so a smaller account can cover a position (100 shares) and still diversify across more than one name.

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Showing 30 of 100 setups
CIFRCipher Mining Inc.
$20.00 strike · Jul 31 (3d)
0.1% OTM · Δ 0.41 · $19.98
Premium $1.21Ann. 736.1%Score 4.37
RBLXRoblox Corporation
Earn
$51.00 strike · Jul 31 (3d)
2.8% OTM · Δ 0.41 · $49.61
Premium $2.87Ann. 683.5%Score 4.03
ENPHEnphase Energy Inc.
Earn
$37.00 strike · Jul 31 (3d)
2.3% OTM · Δ 0.45 · $36.16
Premium $2.14Ann. 703.7%Score 3.90
IRENIREN Limited
$34.00 strike · Jul 31 (3d)
0.6% OTM · Δ 0.44 · $33.79
Premium $1.93Ann. 690.6%Score 3.89
CIFRCipher Mining Inc.
$20.50 strike · Jul 31 (3d)
2.6% OTM · Δ 0.34 · $19.98
Premium $0.97Ann. 575.7%Score 3.79
RBLXRoblox Corporation
Earn
$52.00 strike · Jul 31 (3d)
4.8% OTM · Δ 0.37 · $49.61
Premium $2.50Ann. 583.8%Score 3.69
IRENIREN Limited
$34.50 strike · Jul 31 (3d)
2.1% OTM · Δ 0.40 · $33.79
Premium $1.70Ann. 599.5%Score 3.60
ENPHEnphase Energy Inc.
Earn
$38.00 strike · Jul 31 (3d)
5.1% OTM · Δ 0.39 · $36.16
Premium $1.80Ann. 574.7%Score 3.50
RIOTRiot Platforms Inc.
Earn
$21.00 strike · Jul 31 (3d)
0.2% OTM · Δ 0.41 · $20.96
Premium $0.97Ann. 562.0%Score 3.34
RBLXRoblox Corporation
Earn
$53.00 strike · Jul 31 (3d)
6.8% OTM · Δ 0.33 · $49.61
Premium $2.13Ann. 489.0%Score 3.29
CIFRCipher Mining Inc.
$21.00 strike · Jul 31 (3d)
5.1% OTM · Δ 0.28 · $19.98
Premium $0.78Ann. 454.8%Score 3.26
FCELFuelCell Energy Inc.
$21.00 strike · Jul 31 (3d)
6.2% OTM · Δ 0.44 · $19.78
Premium $1.00Ann. 579.4%Score 3.26
IRENIREN Limited
$35.00 strike · Jul 31 (3d)
3.6% OTM · Δ 0.36 · $33.79
Premium $1.46Ann. 505.8%Score 3.23
ENPHEnphase Energy Inc.
Earn
$38.50 strike · Jul 31 (3d)
6.5% OTM · Δ 0.37 · $36.16
Premium $1.60Ann. 504.0%Score 3.20
RIVNRivian Automotive Inc.
Earn
$16.50 strike · Jul 31 (3d)
1.6% OTM · Δ 0.43 · $16.24
Premium $0.71Ann. 519.8%Score 2.99
ENPHEnphase Energy Inc.
Earn
$39.00 strike · Jul 31 (3d)
7.9% OTM · Δ 0.34 · $36.16
Premium $1.44Ann. 449.2%Score 2.96
IRENIREN Limited
$35.50 strike · Jul 31 (3d)
5.1% OTM · Δ 0.33 · $33.79
Premium $1.28Ann. 438.7%Score 2.96
FCELFuelCell Energy Inc.
$21.50 strike · Jul 31 (3d)
8.7% OTM · Δ 0.39 · $19.78
Premium $0.85Ann. 481.0%Score 2.93
RBLXRoblox Corporation
Earn
$54.00 strike · Jul 31 (3d)
8.9% OTM · Δ 0.29 · $49.61
Premium $1.82Ann. 411.2%Score 2.92
RIOTRiot Platforms Inc.
Earn
$21.50 strike · Jul 31 (3d)
2.6% OTM · Δ 0.34 · $20.96
Premium $0.75Ann. 424.4%Score 2.81
IONQIonQ Inc.
$34.00 strike · Jul 31 (3d)
1.4% OTM · Δ 0.37 · $33.53
Premium $1.23Ann. 440.1%Score 2.79
CIFRCipher Mining Inc.
$21.50 strike · Jul 31 (3d)
7.6% OTM · Δ 0.23 · $19.98
Premium $0.62Ann. 350.9%Score 2.70
CLSKCleanSpark Inc.
$13.50 strike · Jul 31 (3d)
2.4% OTM · Δ 0.32 · $13.19
Premium $0.44Ann. 396.5%Score 2.68
SOUNSoundHound AI Inc.
$6.50 strike · Jul 31 (3d)
1.5% OTM · Δ 0.22 · $6.41
Premium $0.18Ann. 336.9%Score 2.62
IRENIREN Limited
$36.00 strike · Jul 31 (3d)
6.5% OTM · Δ 0.29 · $33.79
Premium $1.10Ann. 370.1%Score 2.62
RBLXRoblox Corporation
Earn
$55.00 strike · Jul 31 (3d)
10.9% OTM · Δ 0.25 · $49.61
Premium $1.56Ann. 345.1%Score 2.58
FCELFuelCell Energy Inc.
$22.50 strike · Jul 31 (3d)
13.8% OTM · Δ 0.31 · $19.78
Premium $0.68Ann. 365.0%Score 2.53
IONQIonQ Inc.
$34.50 strike · Jul 31 (3d)
2.9% OTM · Δ 0.32 · $33.53
Premium $1.05Ann. 370.3%Score 2.51
RIVNRivian Automotive Inc.
Earn
$17.00 strike · Jul 31 (3d)
4.7% OTM · Δ 0.34 · $16.24
Premium $0.53Ann. 375.7%Score 2.47
ENPHEnphase Energy Inc.
Earn
$40.00 strike · Jul 31 (3d)
10.6% OTM · Δ 0.30 · $36.16
Premium $1.15Ann. 349.8%Score 2.46

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Quotes refresh every ~10 minutes during market hours. “Score” ranks setups by annualized yield × probability of expiring OTM (≈ 1 − |delta|), so higher-credibility setups float to the top instead of lottery-ticket deep-ITM contracts.

Why screen by share price?

A covered call requires 100 shares of the underlying. On a $400 stock that is $40,000 of capital tied up per contract; on a $25 stock it is $2,500. Filtering to stocks under $50 a share keeps the capital-per-contract low enough that a $5,000–$10,000 account can actually run the strategy — and diversify across two or three names instead of sinking everything into one expensive ticker.

Price and risk are different things, though. A low-priced, stable, dividend-paying name can be lower risk than an expensive high-flyer. The danger is confusing “cheap” with “good”: a stock that is low because the business is in decline makes a poor covered call, because covered calls don't protect you from a drawdown. Screen for liquidity and a business you'd hold first, then let the price filter do its job.

Every setup below is ranked by Score (annualized yield × probability of expiring OTM), so the list surfaces the low-priced names paying the best risk-adjusted premium rather than the single most volatile penny stock. Each row deep-links into the calculator so you can run the exact premium, breakeven, and annualized return before you write.

Frequently asked questions

What are the best covered call stocks under $50?

The best low-priced covered call candidates combine a share price under $50 with liquid options, moderate implied volatility, and a business you'd be happy to keep holding. Accessible names like Ford, AT&T, Pfizer, Intel, and SoFi are common examples — but always confirm current price, IV, the next earnings date, and your own conviction before writing. This screen surfaces the live setups; the ranked list updates every 10 minutes.

How much capital do I need for a covered call under $50?

Share price × 100. A $12 stock needs about $1,200 per contract; a $45 stock needs $4,500. Staying under $50 lets a $5,000–$10,000 account cover two or three positions across different sectors instead of tying everything up in one expensive name — the main reason smaller accounts favor lower-priced underlyings.

Are cheap stocks riskier for covered calls?

Not inherently — price and risk are different. A low-priced, stable, dividend-paying name can be lower risk than an expensive high-flyer. The real danger is writing calls on a stock that's cheap because it's declining, since a covered call only buffers a small part of a drawdown. Screen for quality and options liquidity first, then price.

How are the under-$50 setups ranked?

By the composite Score used across CoverEdge's screeners: annualized yield × probability of expiring out-of-the-money (≈ 1 − |delta|). That keeps high-yield, realistic-keep-rate setups on top instead of promoting the single most volatile low-priced name just because its raw yield looks enormous.

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