Pacer US Cash Cows 100 ETF (COWZ) Covered Calls

Running COWZ covered calls helps you generate consistent income from Pacer US Cash Cows 100 ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Pacer US Cash Cows 100 ETF 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 COWZ 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 COWZ 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 COWZ 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 Pacer US Cash Cows 100 ETF covered call is worth writing.

A strategy driven exchange traded fund that aims to provide capital appreciation over time by screening the Russell 1000 for the top 100 companies based on free cash flow yield.

Income-focused investors, long-term COWZ 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 COWZ covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Pacer US Cash Cows 100 ETF covered calls come to you, already filtered for the metrics that matter.