01 — COIN · COVERED CALLS

Best COIN covered calls setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

High-beta crypto proxy with implied volatility that tracks Bitcoin volatility plus a regulatory risk premium.

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Coinbase
Financials / Crypto
COIN
$201.16+19.0% / 30d
IV rank (1y)
32.6% · moderate
Next earnings
Jul 30
Market cap
$53.0B
P/E (fwd)
43.0
Option vol
146K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on annualized return, premium, and probability of profit.

Days to expiration
Probability of profit
Sort by
Top pick
$220 call · Jun 5
27 DAYS · 9.4% OTM · SELL TO OPEN
Credit
$820
Annualized
55.11%
PoP
64%
StrikeExpirationCreditAnnualized PoP
$220
9.4% OTM
Jun 12
34 days
$970
$9.70 / share
51.77%63%
$225
11.8% OTM
Jun 5
27 days
$690
$6.90 / share
46.37%69%
$225
11.8% OTM
Jun 12
34 days
$820
$8.20 / share
43.76%67%
$230
14.3% OTM
Jun 5
27 days
$554
$5.54 / share
37.23%73%
$230
14.3% OTM
Jun 12
34 days
$665
$6.65 / share
35.49%71%
$235
16.8% OTM
Jun 12
34 days
$645
$6.45 / share
34.42%74%
7 of 7 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

Neutral-to-mildly bullish traders focused on steady premium collection.

P&L at expiration · $220 call · 27 DTE

$0+$2,704losses$192.96 BREAKEVEN$220 STRIKE

Key numbers

Premium collected+$820
Max profit+$2,704
Breakeven$192.96
Capped above$220
Probability of profit64%
Days to expiration27

When this trade makes sense

Use when

  • You already own 100+ shares of the stock
  • You'd be fine selling at the strike price
  • You think the stock goes flat or slightly up
  • IV rank is elevated — premiums are rich

Avoid when

  • You think the stock is about to rip higher
  • You're attached to the shares (tax, conviction)
  • Earnings are inside the expiration window
  • Premiums are unusually low — nothing to collect
Read the full covered calls guide →

05 — RUN IT LIVE

See the highest chance of profit on COIN.

Option Agent scans live chains and recommends setups based on current market conditions.

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Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.