California Water Service Group
California Water Service Group (CWT) Covered Calls
As of September 17, 2026, CWT has 2 covered call opportunities in the coming three months. Return ranges from 5.1 to 15.6% until expiration. Annualized return ranges from 10.0 to 60.7%. The nearest expiration is December 18, 2026. Maximum potential profit is $748.
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Running CWT covered calls helps you generate consistent income from California Water Service Group's shares you already own, turning a long stock position into a yield-producing asset. A covered call on California Water Service Group 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 CWT 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 CWT 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 CWT 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 California Water Service Group covered call is worth writing.
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico.
The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.
Income-focused investors, long-term CWT 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 CWT covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best California Water Service Group covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryUtilities - Regulated Water
- SectorUtilities
- IV percentile11.11% Subdued
- Market cap (M$)2,961
- 52 weeks high-11.04%
- 52 weeks low15.96%
- Analyst recommendationStrong Buy
1.25 - Target price$55.75
16.44% above the current stock price - Dividend—
- Payout ratio55.81%
- Earnings date2026-10-29
- P/E21.56
- Future P/E17.46
- EPS (ttm)2.22
- EPS growth next 5 years9.46%
As of September 17, 2026
| 2026-12-18 | 94 | 55.00 | 15.01 | 0.30 | 0.75 | 748.00 | 15.64 | 60.74 | -0.63 | +0.17 | 12 | 0.45 |
| 2027-03-19 | 185 | 50.00 | 4.56 | 0.25 | 4.90 | 243.00 | 5.08 | 10.03 | -0.52 | +0.47 | 0 | 4.65 |
As of September 17, 2026
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