AAPL Covered Calls: Premium Income for Apple
Apple Inc. is a global technology leader known for iPhones, Macs, and services. Its high liquidity and moderate volatility make it one of the most popular covered call stocks.
This week's AAPL covered call snapshot (scan date 2026-07-22)
One covered call contract on AAPL (100 shares) collected about $462.50 in premium at the $340.00 strike expiring 2026-08-14 — an annualized yield of about 23.6% at the time of the scan.
| Stock price | $325.81 |
|---|---|
| Strike | $340.00 |
| Premium per share | $4.63 |
| Premium per contract | $462.50 |
| Annualized yield | 23.6% |
| Days to expiration | 22 |
| Delta | 0.31 |
Numbers are a snapshot from the most recent market-day scan and change with price and volatility. Run the live screener for current AAPL strikes ranked by premium-per-day.
AAPL covered call FAQ
How much premium does a AAPL covered call pay?
In the most recent Friday scan, the top-ranked AAPL covered call collected about $4.63 per share — roughly $462.50 per contract (100 shares) — at the $340.00 strike expiring in 22 days. That worked out to about 23.6% annualized at scan time. Premiums change with the stock price and volatility, so run the live screener for current numbers.
Do I need 100 shares of AAPL to sell a covered call?
Yes. One options contract covers 100 shares, so selling one covered call on AAPL requires owning at least 100 shares. If you own fewer, the position would not be "covered."
What is the risk of selling covered calls on AAPL?
The main trade-off is capped upside: if Apple rises above your strike price by expiration, your shares can be called away at the strike. You keep the premium either way, but you give up gains beyond the strike. You also keep full downside exposure to the stock itself. This page is educational information, not investment advice.
Related covered call stocks
- MSFT (Microsoft) covered calls
- NVDA (NVIDIA) covered calls
- GOOGL (Alphabet) covered calls
- AMZN (Amazon) covered calls
- META (Meta Platforms) covered calls
AAPL covered call calculator · This week's Golden Triangle watchlist
Educational information only — not investment advice. Options involve risk, including capped upside and full downside exposure to the underlying stock.