ORCL Covered Calls: Premium Income for Oracle

Oracle Corporation provides enterprise cloud and database solutions. Steady growth and moderate IV create reliable covered call income.

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

One covered call contract on ORCL (100 shares) collected about $482.50 in premium at the $140.00 strike expiring 2026-08-21 — an annualized yield of about 48.1% at the time of the scan.

Stock price$126.33
Strike$140.00
Premium per share$4.83
Premium per contract$482.50
Annualized yield48.1%
Days to expiration29
Delta0.33

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

ORCL covered call FAQ

How much premium does a ORCL covered call pay?

In the most recent Friday scan, the top-ranked ORCL covered call collected about $4.83 per share — roughly $482.50 per contract (100 shares) — at the $140.00 strike expiring in 29 days. That worked out to about 48.1% 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 ORCL to sell a covered call?

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

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