DVN Covered Calls: Premium Income for Devon Energy
Devon Energy operates in U.S. shale basins. Variable dividend and moderate IV make it an interesting covered call candidate.
What DVN shares could pay in covered call premium
Devon Energy operates in U.S. shale basins. Variable dividend and moderate IV make it an interesting covered call candidate.
Covered Call Pro ranks live DVN 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.
DVN covered call FAQ
How much premium does a DVN covered call pay?
Premiums change daily with Devon Energy's stock price and implied volatility. The Covered Call Pro screener ranks live DVN strikes by premium-per-day so you can see exactly what your shares could pay right now.
Do I need 100 shares of DVN to sell a covered call?
Yes. One options contract covers 100 shares, so selling one covered call on DVN 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 DVN?
The main trade-off is capped upside: if Devon Energy 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
- COP (ConocoPhillips) covered calls
- SLB (Schlumberger) covered calls
- OXY (Occidental Petroleum) covered calls
DVN 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.