01 — JPM · COVERED CALLS

Best JPM 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.

Largest US bank by assets with stable options flow tied to NIM, trading revenue, and credit cycle.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
JPMorgan Chase
Financials
JPM
$302.10-2.6% / 30d
IV rank (1y)
49.2% · moderate
Next earnings
Jul 14
Market cap
$809.5B
P/E (fwd)
12.8
Dividend
$5.90 · Apr 6
Option vol
40K /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
$310 call · Jun 12
34 DAYS · 2.6% OTM · SELL TO OPEN
Credit
$595
Annualized
21.14%
PoP
61%
StrikeExpirationCreditAnnualized PoP
$310
2.6% OTM
Jun 5
27 days
$460
$4.60 / share
20.58%63%
$315
4.3% OTM
Jun 12
34 days
$425
$4.25 / share
15.1%70%
$315
4.3% OTM
Jun 5
27 days
$320
$3.20 / share
14.32%72%
$375
24.1% OTM
Jun 5
27 days
$0
$0.00 / share
0%70%
$380
25.8% OTM
Jun 5
27 days
$0
$0.00 / share
0%70%
$385
27.4% OTM
Jun 5
27 days
$0
$0.00 / share
0%70%
$390
29.1% OTM
Jun 5
27 days
$0
$0.00 / share
0%70%
$395
30.8% OTM
Jun 5
27 days
$0
$0.00 / share
0%70%
$380
25.8% OTM
Jun 12
34 days
$0
$0.00 / share
0%70%
10 of 13 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

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

P&L at expiration · $310 call · 34 DTE

$0+$1,385losses$296.15 BREAKEVEN$310 STRIKE

Key numbers

Premium collected+$595
Max profit+$1,385
Breakeven$296.15
Capped above$310
Probability of profit61%
Days to expiration34

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 JPM.

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

Analyze JPM free →

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.