01 — BA · COVERED CALLS

Best BA 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 industrial with elevated implied volatility tied to production, regulator, and quality-control headlines.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Boeing
Industrials / Aerospace
BA
$171.55-7.8% / 30d
IV rank (1y)
98.9% · elevated
Next earnings
Jan 26
Market cap
$135.9B
P/E (fwd)
66.7
Option vol
17K /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
$180 call · Dec 4
34 DAYS · 4.9% OTM · SELL TO OPEN
Credit
$317
Return
1.85%
PoP
67%
StrikeExpirationCreditReturn ↓PoP
$180
4.9% OTM
Nov 27
27 days
$268
$2.68 / share
1.56%70%
$265
54.5% OTM
Nov 27
27 days
$7
$0.07 / share
0.04%70%
$270
57.4% OTM
Dec 4
34 days
$0
$0.00 / share
0%70%
$275
60.3% OTM
Dec 4
34 days
$0
$0.00 / share
0%70%
$280
63.2% OTM
Dec 4
34 days
$0
$0.00 / share
0%70%
6 of 6 matchesCustomize filters →

03 — Strategy

Covered Calls, plainly explained

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

P&L at expiration · $180 call · 34 DTE

$0+$1,162losses$168.38 BREAKEVEN$180 STRIKE

Key numbers

Premium collected+$317
Max profit+$1,162
Breakeven$168.38
Capped above$180
Probability of profit67%
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 BA.

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

Analyze BA free →