01 — ORCL · COVERED CALLS

Best ORCL 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.

Mega-cap enterprise software name with options flow tied to OCI growth and AI infrastructure RPO.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

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
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Top pick
$205 call · May 29
21 DAYS · 5.3% OTM · SELL TO OPEN
Credit
$695
Annualized
62.08%
PoP
60%
StrikeExpirationCreditAnnualized PoP
$215
10.5% OTM
Jun 12
35 days
$981
$9.81 / share
52.57%62%
$210
7.9% OTM
May 29
21 days
$560
$5.60 / share
50.02%67%
$210
7.9% OTM
Jun 5
28 days
$723
$7.23 / share
48.43%64%
$220
13.1% OTM
Jun 12
35 days
$850
$8.50 / share
45.55%66%
$225
15.6% OTM
Jun 12
35 days
$770
$7.70 / share
41.27%70%
$215
10.5% OTM
May 29
21 days
$440
$4.40 / share
39.3%72%
$215
10.5% OTM
Jun 5
28 days
$580
$5.80 / share
38.85%70%
$230
18.2% OTM
Jun 12
35 days
$666
$6.66 / share
35.69%73%
$220
13.1% OTM
Jun 5
28 days
$470
$4.70 / share
31.49%74%
10 of 10 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

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

P&L at expiration · $205 call · 21 DTE

$0+$1,736losses$187.64 BREAKEVEN$205 STRIKE

Key numbers

Premium collected+$695
Max profit+$1,736
Breakeven$187.64
Capped above$205
Probability of profit60%
Days to expiration21

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 ORCL.

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.