FANG Covered Calls: Premium Income for Diamondback Energy
Diamondback Energy focuses on Permian Basin oil production. Low-cost Permian position and moderate IV create solid covered call income for energy investors.
What FANG shares could pay in covered call premium
Diamondback Energy focuses on Permian Basin oil production. Low-cost Permian position and moderate IV create solid covered call income for energy investors.
Covered Call Pro ranks live FANG 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.
FANG covered call FAQ
How much premium does a FANG covered call pay?
Premiums change daily with Diamondback Energy's stock price and implied volatility. The Covered Call Pro screener ranks live FANG strikes by premium-per-day so you can see exactly what your shares could pay right now.
Do I need 100 shares of FANG to sell a covered call?
Yes. One options contract covers 100 shares, so selling one covered call on FANG 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 FANG?
The main trade-off is capped upside: if Diamondback 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
FANG 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.