AAPL options — covered call & cash-secured put yields
Apple Inc. · Technology — Consumer Electronics
Top 5 covered-call strikes for AAPL
Ranked by annualized yield. Updated every 5 minutes during market hours.
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Top 5 cash-secured puts for AAPL
Sub-spot strikes ranked by annualized return on capital.
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About AAPL options
Apple Inc. (AAPL) is a Technology — Consumer Electronics listed company with moderate implied volatility typical of large-cap US equities. AAPL pays a small 0.5% dividend. Dividend-capture early-assignment risk is minimal but worth tracking.
For wheel-strategy traders, AAPL is an excellent wheel candidate. The moderate implied volatility typical of large-cap US equities means cash-secured puts collect meaningful premium, and the underlying business profile (Technology — Consumer Electronics) makes it a name many income sellers would be comfortable being assigned at the right strike.
For income-strategy traders, the AAPL option chain typically supports both conservative (delta around 0.20) and aggressive (delta around 0.35) premium-selling setups. The Live Opportunities ranking above scans every active expiration and surfaces the highest-yielding contracts by annualized return.
Income strategies on AAPL
- Covered calls on AAPL — if you own AAPL shares. New to the strategy? Read the full covered-calls guide first.
- Cash-secured puts on AAPL — if you have cash to deploy and would be comfortable owning AAPL. See the cash-secured puts guide for mechanics.
- AAPL wheel strategy — for repeating CSP → assignment → covered call → called-away cycles. The complete wheel-strategy guide covers stock selection and cycle math.
Related tickers
Other Technology names with similar liquidity profile:
Frequently asked questions
What are the best covered-call strikes for AAPL right now?
The Top 5 list above ranks every covered-call strike across every upcoming expiration on AAPL by annualized yield, refreshed every 5 minutes. Click any strike to open the calculator pre-filled with that contract.
Is AAPL a good wheel-strategy stock?
For wheel-strategy traders, AAPL is an excellent wheel candidate. The moderate implied volatility typical of large-cap US equities means cash-secured puts collect meaningful premium, and the underlying business profile (Technology — Consumer Electronics) makes it a name many income sellers would be comfortable being assigned at the right strike.
What delta should I sell on AAPL?
Most income sellers target a 0.20 to 0.35 delta strike. Conservative sellers stay near 0.20 (lower yield, lower assignment risk). Aggressive sellers go to 0.35 (higher yield, higher assignment risk). With moderate implied volatility typical of large-cap US equities, AAPL works well across this range.
Does AAPL pay a dividend, and does it affect my covered call?
AAPL pays a small 0.5% dividend. Dividend-capture early-assignment risk is minimal but worth tracking.