PSA Covered Calls: Premium Income for Public Storage

Public Storage is the largest self-storage REIT in the U.S. High dividends and stable demand make it one of the most conservative REIT covered call candidates.

What PSA shares could pay in covered call premium

Public Storage is the largest self-storage REIT in the U.S. High dividends and stable demand make it one of the most conservative REIT covered call candidates.

Covered Call Pro ranks live PSA 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.

PSA covered call FAQ

How much premium does a PSA covered call pay?

Premiums change daily with Public Storage's stock price and implied volatility. The Covered Call Pro screener ranks live PSA strikes by premium-per-day so you can see exactly what your shares could pay right now.

Do I need 100 shares of PSA to sell a covered call?

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

The main trade-off is capped upside: if Public Storage 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.