AMZN Covered Calls: Premium Income for Amazon

Amazon.com is the world's largest e-commerce and cloud computing company. High stock price and active options market create excellent covered call opportunities.

This week's AMZN covered call snapshot (scan date 2026-07-22)

One covered call contract on AMZN (100 shares) collected about $595.00 in premium at the $260.00 strike expiring 2026-08-14 — an annualized yield of about 40.9% at the time of the scan.

Stock price$241.22
Strike$260.00
Premium per share$5.95
Premium per contract$595.00
Annualized yield40.9%
Days to expiration22
Delta0.31

Numbers are a snapshot from the most recent market-day scan and change with price and volatility. Run the live screener for current AMZN strikes ranked by premium-per-day.

AMZN covered call FAQ

How much premium does a AMZN covered call pay?

In the most recent Friday scan, the top-ranked AMZN covered call collected about $5.95 per share — roughly $595.00 per contract (100 shares) — at the $260.00 strike expiring in 22 days. That worked out to about 40.9% 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 AMZN to sell a covered call?

Yes. One options contract covers 100 shares, so selling one covered call on AMZN 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 AMZN?

The main trade-off is capped upside: if Amazon 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.

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Educational information only — not investment advice. Options involve risk, including capped upside and full downside exposure to the underlying stock.