01 — TQQQ · COVERED CALLS

Best TQQQ 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.

+3x daily leveraged Nasdaq-100 ETF with high contract volume and structural decay risk.

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

ProShares UltraPro QQQ

Leveraged ETF

TQQQ

$76.28+55.8% / 30d

IV rank (1y)

47.8% · moderate

Option vol

175K /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

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Top pick

$85 call · Jun 12

35 DAYS · 19.1% OTM · SELL TO OPEN

Credit

$257

Annualized

37.57%

PoP

68%

Strike	Expiration	Credit	Annualized ↓	PoP
$85 19.1% OTM	Jun 5 28 days	$200 $2.00 / share	36.55%	72%

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03 — Strategy

Covered Calls, plainly explained

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

P&L at expiration · $85 call · 35 DTE

Key numbers

Premium collected+$257

Max profit+$1,623

Breakeven$68.77

Capped above$85

Probability of profit68%

Days to expiration35

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 →

04 — By condition

Read by market condition

High Implied Volatility

Post-Earnings IV Crush

READ →

05 — RUN IT LIVE

See the highest chance of profit on TQQQ.

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

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