01 — SPY · COVERED CALLS
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.
Deep liquidity and broad macro sensitivity, useful for probability-based structures.
02 — Live setups
Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.
| Strike | Expiration | Credit | Return ↓ | PoP |
|---|---|---|---|---|
$769 1.8% OTM | Dec 4 34 days | $901 $9.01 / share | 1.19% | 62% |
$770 1.9% OTM | Dec 4 34 days | $872 $8.72 / share | 1.15% | 63% |
$767 1.5% OTM | Nov 30 30 days | $865 $8.65 / share | 1.14% | 61% |
$771 2.0% OTM | Dec 4 34 days | $830 $8.30 / share | 1.1% | 64% |
$767 1.5% OTM | Nov 27 27 days | $820 $8.20 / share | 1.09% | 61% |
$768 1.6% OTM | Nov 30 30 days | $824 $8.24 / share | 1.09% | 62% |
$766 1.4% OTM | Nov 27 27 days | $788 $7.88 / share | 1.04% | 60% |
$768 1.6% OTM | Nov 27 27 days | $759 $7.59 / share | 1% | 63% |
$772 2.1% OTM | Dec 4 34 days | $759 $7.59 / share | 1% | 65% |
03 — Strategy
Neutral-to-mildly bullish traders focused on steady premium collection.
04 — By condition
05 — RUN IT LIVE
Alpha Hawk scans live chains and recommends setups based on current market conditions.
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