›››
Loading...
Loading...
Best strikes for FTV covered calls — top pick $65 with 7.2% annualized return.
Fortive Corp. — Top covered call setups ranked by yield and downside protection
Fortive Corp. (FTV) is a Industrials stock with actively traded listed options. Among current candidates, the strongest income setup sits at the $65 strike with 38 days to expiration. IV Rank 30% is 59pp below the Industrials sector median of 89%. Moderate yield — shorter DTE or closer strikes could improve returns per cycle. FTV wheel strategy.
Strike Placement
7.2% ann.Ranked #1 of 1 contracts by CC Score — balancing call yield, downside protection, and liquidity.
CC Score = Income (22%) + Safety (18%) + Liquidity (18%) + Quality (14%) + Event (12%) + IV (8%) + Execution (8%)Annualized return, delta, bid-ask spread, open interest, earnings proximity, IV rank, DTE
VolRadar proprietary composite score using ORATS chain data
CC Score optimizes for income generation, not total return. Covered calls cap upside — stocks that rally strongly will underperform a buy-and-hold approach. Past CC returns do not predict future yields.
Every covered call strike sorted by CC Score. Higher score = better risk-adjusted income potential.
★ = Highest risk-adjusted CC Score across all expirations and strikes.
| Strike | Premium | Ann. Yield* | Score |
|---|---|---|---|
| $65★ TOP | $0.45 | 7.2% | 46 |
*Annualized yield assumes hold to expiration with no early assignment. Actual results may vary.
Yield is only half the decision. Compare expirations by premium, upside cap, gamma risk, and assignment risk before choosing a contract.
Quantitative screening, not investment advice. Verify with your broker. Disclaimer
Fortive Corp.'s best covered call currently offers 7.2% annualized at the $65 strike. Premiums are relatively thin in the current IV environment. Shareholders may consider shorter DTE expirations to accelerate theta decay or wait for IV expansion before initiating new covered call positions.
Fortive Corp.'s IV Rank is 30%, indicating premiums are thinner than usual. In low-IV environments, covered call sellers may need to move closer to the money or use shorter DTE to maintain meaningful yield. Be aware that closer strikes increase assignment probability.
The top-ranked Fortive Corp. covered call uses a delta of 0.18, placing it in the conservative range (below 0.20). This means roughly 82% probability of expiring OTM. Conservative strikes collect less premium but preserve more upside potential and reduce assignment frequency.
The top-ranked covered call for Fortive Corp. is the $65 strike expiring 2026-06-18 (38 DTE), offering 7.2% annualized return with a delta of 0.18. It earns a CC Score of 46 out of 100. Data is updated daily after market close.
For Fortive Corp., delta 0.20–0.30 is a common range for covered calls. This gives 70–80% probability of the option expiring worthless while collecting meaningful premium. Lower delta (0.15–0.20) is more conservative, while 0.30–0.40 generates more income but has higher assignment probability.
The CC Score (0–100) ranks covered call opportunities across 7 dimensions: Income potential (22%), Safety (18%), Liquidity (18%), Underlying Quality (14%), Event Safety (12%), IV Opportunity (8%), and Execution Quality (8%). Higher scores mean better risk-adjusted opportunities. Sort by CC Score to find the best strike and expiration combo for Fortive Corp..
Free embeddable tool: IV Rank Gauge — add live IV data to any site. No signup, no API key.
This is ★ Top Ranked of 1 contracts across 1 expirations. ↓ Find it below
Weekly covered calls (7–14 DTE) offer faster theta decay and more flexibility but require active management. Monthly covered calls (30–45 DTE) balance time premium with less frequent rolling. For Fortive Corp., consider monthlies to collect more total premium per cycle. The CC Score ranks both DTE ranges so you can compare directly.
The primary risk is capped upside: if Fortive Corp. rallies sharply, the call assignment locks shares to the strike price and forfeits gains above it. At the current top-ranked $65 strike (8.6% OTM), any rally beyond that level means you sell shares below market price. The model classifies covered calls as a sideways-to-mildly-bullish-outlook structure; under a strongly bullish view, wider strikes or call-free positioning sit in a different opportunity class. The CC Score penalizes strikes with elevated event risk so the worst-context setups rank lower.
Fortive Corp.'s IV Rank is 30%, which is relatively low. The model marks premium pricing as thin in this regime. Shorter DTE structures sit in a different annualized-yield class than longer DTE; closer-to-the-money strikes carry higher assignment probability — both are levers that respond to a low-IV regime.
The bid-ask spread on the top strike is 44.4%, which can reduce practical returns. Wide spreads mean you give up a portion of the premium to slippage on entry and exit. Use limit orders — start near the natural price and walk toward mid. If the spread exceeds 10-15% of the premium collected, the execution cost may outweigh the income.