Scan the entire options market for covered calls with real-time data and backtested assignment rates
Most covered call scanners show you high premiums but hide the risk. You find an \'amazing\' 5% monthly yield—then get assigned and miss a 20% rally. Our covered call scanner doesn't just find high premiums—it finds the right premiums. Every opportunity includes backtested assignment rates based on historical volatility patterns.
📊 Smart Yield Ranking — Risk-adjusted scores weighing premium vs. assignment probability
🔌 Portfolio Integration — Auto-filter for stocks you own via IBKR sync
⚡ Multi-Criteria Filtering — DTE range, minimum yield, max assignment probability, sector
📈 Backtested Probabilities — 5+ years of historical data, not just Black-Scholes theory
💾 Custom Filter Sets — Save presets for quick daily scans
📱 Real-Time Data — Live market data for accurate opportunity identification
Link your IBKR account or manually input holdings to see relevant opportunities only
Set your risk tolerance, income goals, and DTE preferences with one click
Review risk-adjusted rankings with backtested assignment rates for each opportunity
Opportunities Daily
8,500+
Premiums Tracked
$2.3M/mo
Accuracy Rate
94%
Active Scanners
3,200+
Free covered call screening with backtested data
Complete wheel cycle from CSP through covered calls
Validate covered call strategies with historical data
Modern alternative to legacy covered call tools
A quality covered call scanner does more than list high premiums—it helps you find opportunities that match your risk tolerance and income goals. Look for scanners with real-time data, probability estimates based on historical performance (not just theoretical models), and the ability to filter by criteria that matter to your strategy. Our scanner adds portfolio integration and risk-adjusted yield ranking to surface truly viable opportunities.
Our assignment probabilities are backtested against 5+ years of historical options market data. When our scanner shows a 30% assignment probability, that means historically, similar calls (same delta, time to expiration, volatility environment) were assigned 30% of the time. This is significantly more accurate than Black-Scholes probability estimates, which tend to underestimate assignment risk in volatile markets.
Absolutely. While our portfolio integration feature is valuable for active traders, you can use the covered call scanner standalone to find opportunities across any stocks you own or are considering buying. Many of our subscribers start by manually entering 5-10 positions they want to write calls against, then upgrade to brokerage integration as their activity grows.
Our proprietary algorithm weighs premium income against historical assignment probability. A 2% monthly yield with 15% assignment risk beats a 3% yield with 60% assignment risk—our ranking makes this clear at a glance. This helps you maximize income while avoiding the frustration of frequent assignments.
Market data updates in real-time throughout the trading day. Our proprietary backtested metrics and assignment rate data are refreshed daily based on the latest historical analysis. This means you always have current opportunities backed by the most recent performance insights.
Join traders who are already using our tools to make better decisions.
