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
BTBTBit Digital Inc.
Earn
$2.00 strike · Aug 14 (17d)
56.9% OTM · Δ 0.13 · $1.28
Premium $1.26Ann. 1352.6%Score 11.81
RBLXRoblox Corporation
Earn
$51.00 strike · Jul 31 (3d)
5.6% OTM · Δ 0.43 · $48.29
Premium $2.41Ann. 574.9%Score 3.30
RBLXRoblox Corporation
Earn
$52.00 strike · Jul 31 (3d)
7.7% OTM · Δ 0.38 · $48.29
Premium $1.94Ann. 452.7%Score 2.79
RBLXRoblox Corporation
Earn
$53.00 strike · Jul 31 (3d)
9.8% OTM · Δ 0.34 · $48.29
Premium $1.64Ann. 376.5%Score 2.48
RBLXRoblox Corporation
Earn
$54.00 strike · Jul 31 (3d)
11.8% OTM · Δ 0.30 · $48.29
Premium $1.33Ann. 299.7%Score 2.09
FCELFuelCell Energy Inc.
$22.50 strike · Jul 31 (3d)
14.4% OTM · Δ 0.44 · $19.66
Premium $0.65Ann. 351.5%Score 1.97
RBLXRoblox Corporation
Earn
$55.00 strike · Jul 31 (3d)
13.9% OTM · Δ 0.27 · $48.29
Premium $1.19Ann. 263.2%Score 1.93
FFord Motor Company
Earn
$15.00 strike · Jul 31 (3d)
1.5% OTM · Δ 0.42 · $14.78
Premium $0.39Ann. 316.3%Score 1.84
RIVNRivian Automotive Inc.
Earn
$17.00 strike · Jul 31 (3d)
6.4% OTM · Δ 0.43 · $15.97
Premium $0.44Ann. 314.9%Score 1.79
VKTXViking Therapeutics Inc.
Earn
$37.00 strike · Jul 31 (3d)
10.4% OTM · Δ 0.36 · $33.51
Premium $0.84Ann. 276.2%Score 1.76
ENPHEnphase Energy Inc.
Earn
$40.00 strike · Jul 31 (3d)
12.0% OTM · Δ 0.43 · $35.73
Premium $0.98Ann. 296.6%Score 1.70
RBLXRoblox Corporation
Earn
$56.00 strike · Jul 31 (3d)
16.0% OTM · Δ 0.23 · $48.29
Premium $1.00Ann. 216.2%Score 1.66
VKTXViking Therapeutics Inc.
Earn
$36.00 strike · Jul 31 (3d)
7.4% OTM · Δ 0.44 · $33.51
Premium $0.85Ann. 287.3%Score 1.61
ENPHEnphase Energy Inc.
Earn
$40.50 strike · Jul 31 (3d)
13.4% OTM · Δ 0.40 · $35.73
Premium $0.89Ann. 267.4%Score 1.61
VKTXViking Therapeutics Inc.
Earn
$36.50 strike · Jul 31 (3d)
8.9% OTM · Δ 0.40 · $33.51
Premium $0.79Ann. 261.7%Score 1.57
RBLXRoblox Corporation
Earn
$57.00 strike · Jul 31 (3d)
18.0% OTM · Δ 0.20 · $48.29
Premium $0.92Ann. 196.4%Score 1.57
ENPHEnphase Energy Inc.
Earn
$41.00 strike · Jul 31 (3d)
14.8% OTM · Δ 0.37 · $35.73
Premium $0.83Ann. 246.3%Score 1.54
FCELFuelCell Energy Inc.
$23.50 strike · Jul 31 (3d)
19.5% OTM · Δ 0.36 · $19.66
Premium $0.45Ann. 233.0%Score 1.49
RIVNRivian Automotive Inc.
Earn
$17.50 strike · Jul 31 (3d)
9.6% OTM · Δ 0.35 · $15.97
Premium $0.33Ann. 226.0%Score 1.47
VKTXViking Therapeutics Inc.
Earn
$38.00 strike · Jul 31 (3d)
13.4% OTM · Δ 0.29 · $33.51
Premium $0.65Ann. 208.1%Score 1.47
SOFISoFi Technologies Inc.
Earn
$17.50 strike · Jul 31 (3d)
7.5% OTM · Δ 0.41 · $16.28
Premium $0.36Ann. 246.8%Score 1.45
FCELFuelCell Energy Inc.
$23.00 strike · Jul 31 (3d)
17.0% OTM · Δ 0.40 · $19.66
Premium $0.45Ann. 238.0%Score 1.43
PATHUiPath Inc.
$12.00 strike · Jul 31 (3d)
3.4% OTM · Δ 0.37 · $11.60
Premium $0.21Ann. 207.8%Score 1.31
VKTXViking Therapeutics Inc.
Earn
$37.50 strike · Jul 31 (3d)
11.9% OTM · Δ 0.33 · $33.51
Premium $0.60Ann. 194.7%Score 1.31
RBLXRoblox Corporation
Earn
$58.00 strike · Jul 31 (3d)
20.1% OTM · Δ 0.18 · $48.29
Premium $0.76Ann. 158.4%Score 1.31
PINSPinterest Inc.
Earn
$24.00 strike · Jul 31 (3d)
1.3% OTM · Δ 0.38 · $23.70
Premium $0.42Ann. 210.4%Score 1.30
NVAXNovavax Inc.
Earn
$9.50 strike · Aug 7 (10d)
31.6% OTM · Δ 0.11 · $7.22
Premium $0.38Ann. 144.1%Score 1.29
CORZCore Scientific Inc.
$21.50 strike · Jul 31 (3d)
7.7% OTM · Δ 0.40 · $19.97
Premium $0.38Ann. 212.2%Score 1.27
ENPHEnphase Energy Inc.
Earn
$42.50 strike · Jul 31 (3d)
19.0% OTM · Δ 0.30 · $35.73
Premium $0.63Ann. 180.4%Score 1.26
ENPHEnphase Energy Inc.
Earn
$42.00 strike · Jul 31 (3d)
17.6% OTM · Δ 0.32 · $35.73
Premium $0.64Ann. 185.4%Score 1.25

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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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