COP Covered Calls: Premium Income for ConocoPhillips
ConocoPhillips is an independent oil and gas exploration company. Energy sector IV creates above-average covered call premiums.
What COP shares could pay in covered call premium
ConocoPhillips is an independent oil and gas exploration company. Energy sector IV creates above-average covered call premiums.
Covered Call Pro ranks live COP call options by premium-per-day — strike, expiry, premium, and annualized yield — with illiquid chains filtered out. Run the live screener to see today's numbers.
COP covered call FAQ
How much premium does a COP covered call pay?
Premiums change daily with ConocoPhillips's stock price and implied volatility. The Covered Call Pro screener ranks live COP strikes by premium-per-day so you can see exactly what your shares could pay right now.
Do I need 100 shares of COP to sell a covered call?
Yes. One options contract covers 100 shares, so selling one covered call on COP 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 COP?
The main trade-off is capped upside: if ConocoPhillips 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
- CVX (Chevron) covered calls
- XOM (Exxon Mobil) covered calls
- SLB (Schlumberger) covered calls
- OXY (Occidental Petroleum) covered calls
- EOG (EOG Resources) covered calls
COP 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.