Clearwater Paper Corp

CLWNYSE · USD
21.91USD0.00 (+2.92%)
859

Clearwater Paper Corp (CLW) Covered Calls

As of September 22, 2026, CLW has 13 covered call opportunities in the coming three months. Return ranges from 7.8 to 89.5% until expiration. Annualized return ranges from 16.7 to 124.6%. The nearest expiration is October 16, 2026. Maximum potential profit is $1,906.

Read more

Running CLW covered calls helps you generate consistent income from Clearwater Paper Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Clearwater Paper Corp involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best CLW covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if CLW stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling CLW covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Clearwater Paper Corp covered call is worth writing.

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment offers folding cartons, liquid packaging, cups and plates, blister and carded packaging products, top sheet and commercial printing items, and softwood pulp products, as well as custom sheeting, slitting, and cutting of paperboard products. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers.

The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers and wholesale distributors, including grocery, club, mass merchants, and discount stores. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.

Income-focused investors, long-term CLW holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling CLW covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Clearwater Paper Corp covered calls come to you, already filtered for the metrics that matter.

Stock Statistics

  • IndustryPaper & Paper Products
  • SectorBasic Materials
  • IV percentile67.46% Elevated
  • Market cap (M$)353
  • 52 weeks high-7.12%
  • 52 weeks low86.79%
  • Analyst recommendationHold
    2.50
  • Target price$21.50
    -1.87% below the current stock price
  • Dividend—
  • Payout ratio—
  • Earnings date2026-10-27
  • P/E—
  • Future P/E—
  • EPS (ttm)-3.22
  • EPS growth next 5 years—

As of September 22, 2026

2026-11-206025.0017.430.651.50436.0020.48124.58-3.05+0.33700.85
2026-10-162522.505.680.450.85166.007.80113.84-2.11+0.371,1090.40
2027-04-1620730.0040.910.303.20901.0042.3274.62-1.41+0.3302.90
2027-01-1511625.0017.431.252.15496.0023.3073.31-5.87+0.401,0030.90
2027-12-1745240.0087.880.353.601906.0089.5372.29-1.64+0.3043.25
2026-11-206022.505.681.252.30246.0011.5570.29-5.87+0.486001.05
2027-12-1745235.0064.400.855.001456.0068.3955.23-3.99+0.3904.15
2027-01-1511622.505.682.003.00321.0015.0847.44-9.39+0.52101.00
2027-12-1745230.0040.911.755.101046.0049.1339.67-8.22+0.4523.35
2027-04-1620725.0017.430.903.90461.0021.6538.18-4.23+0.4503.00

As of September 22, 2026

Sell covered calls with the data behind you

Find the best CLW covered call setups ranked by annualized return, filter by premium, delta, and days to expiration, and act on the opportunity in seconds.

Start your 14-day free trial