01 — AMD · COVERED CALLS

Best AMD 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.

Strong options activity with volatility tied to semiconductor cycle headlines.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Advanced Micro Devices
Semiconductors
AMD
$504.80-17.5% / 30d
IV rank (1y)
52% · moderate
Next earnings
Nov 3
Market cap
$824.1B
P/E (fwd)
31.7
Option vol
99K /day

02 — Live setups

Suggested strikes

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

Days to expiration
Probability of profit
Sort by
Top pick
$545 call · Dec 4
34 DAYS · 8.0% OTM · SELL TO OPEN
Credit
$2160
Return
4.28%
PoP
61%
StrikeExpirationCreditReturn ↓PoP
$550
8.9% OTM
Dec 4
34 days
$2150
$21.50 / share
4.26%63%
$545
8.0% OTM
Nov 27
27 days
$2085
$20.85 / share
4.13%62%
$540
7.0% OTM
Nov 27
27 days
$2001
$20.01 / share
3.96%60%
$550
8.9% OTM
Nov 27
27 days
$1915
$19.15 / share
3.79%64%
$555
9.9% OTM
Dec 4
34 days
$1835
$18.35 / share
3.64%64%
$555
9.9% OTM
Nov 27
27 days
$1720
$17.20 / share
3.41%66%
$560
10.9% OTM
Dec 4
34 days
$1714
$17.14 / share
3.4%66%
$560
10.9% OTM
Nov 27
27 days
$1620
$16.20 / share
3.21%68%
$565
11.9% OTM
Dec 4
34 days
$1578
$15.78 / share
3.13%68%
10 of 16 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

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

P&L at expiration · $545 call · 34 DTE

$0+$6,180losses$483.20 BREAKEVEN$545 STRIKE

Key numbers

Premium collected+$2,160
Max profit+$6,180
Breakeven$483.20
Capped above$545
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 AMD.

Alpha Hawk scans live chains and recommends setups based on current market conditions.

Analyze AMD free →