Weekly Covered Call Screener

The best weekly covered call names are the highest-liquidity tickers with deep weekly option chains — index ETFs like SPY and QQQ and mega-cap tech like Apple, NVDA, and TSLA — because deep weeklies mean tight spreads and easy rolls. This screen surfaces the live near-term setups across 200+ tickers; the higher-IV names pay richer premium but carry more gamma risk.

Neither is strictly better — it's a trade-off. Weeklies let you collect premium four to five times a month and capture the steepest part of theta decay, but they require more decisions, generate more commissions, and carry sharper gamma risk into each Friday. Many sellers compromise at 7–14 days to expiration to capture most of the decay while leaving room to roll.

The screen filters to contracts with 10 or fewer days to expiration, which captures the nearest weekly (and occasionally the one after). The base screener already excludes anything under 7 DTE on the broad list, so the weekly view concentrates on the genuine near-term, fast-decay setups.

Gamma measures how fast an option's delta changes as the stock moves. Weekly options have high gamma near expiration, so a small move can swing your call from OTM to deep ITM in one session — increasing assignment risk fast. Manage it by selling further out of the money, sizing smaller, and setting clear roll rules before expiration week.