Garmin Ltd
Garmin Ltd (GRMN) Covered Calls
As of September 21, 2026, GRMN has 122 covered call opportunities in the coming three months. Return ranges from 3.7 to 68.0% until expiration. Annualized return ranges from 13.9 to 181.8%. The nearest expiration is October 16, 2026. Maximum potential profit is $18,644.
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Running GRMN covered calls helps you generate consistent income from Garmin Ltd's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Garmin Ltd 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 GRMN 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 GRMN 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 GRMN 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 Garmin Ltd covered call is worth writing.
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices.
Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions comprising integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponder solutions, weather information and avoidance solutions, datalink and connectivity solutions, portable GPS navigators and wearables, and various services products. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fish finders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, entertainment, digital switching products, and trolling motors. Its Auto segment offers embedded computing models and infotainment systems; personal navigation devices; and cameras. The company sells its products through independent retailers, online retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as an online webshop, garmin.com. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
Income-focused investors, long-term GRMN 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 GRMN covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Garmin Ltd covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryScientific & Technical Instruments
- SectorTechnology
- IV percentile66.67% Neutral
- Market cap (M$)54,058
- 52 weeks high-10.81%
- 52 weeks low50.16%
- Analyst recommendationHold
2.80 - Target price$316.20
11.10% above the current stock price - Dividend—
- Payout ratio40.15%
- Earnings date2026-11-04
- P/E28.91
- Future P/E25.06
- EPS (ttm)9.70
- EPS growth next 5 years14.34%
As of September 21, 2026
| 2026-11-20 | 63 | 360.00 | 31.36 | 0.05 | 2.45 | 8599.00 | 31.38 | 181.78 | -0.02 | +0.07 | 0 | 2.40 |
| 2026-10-16 | 28 | 310.00 | 13.11 | 0.25 | 1.65 | 3619.00 | 13.21 | 172.14 | -0.09 | +0.09 | 67 | 1.40 |
| 2026-11-20 | 63 | 350.00 | 27.71 | 0.05 | 2.70 | 7599.00 | 27.73 | 160.64 | -0.02 | +0.08 | 1 | 2.65 |
| 2026-12-18 | 91 | 370.00 | 35.01 | 0.05 | 2.55 | 9599.00 | 35.03 | 140.49 | -0.02 | +0.06 | 19 | 2.50 |
| 2026-11-20 | 63 | 340.00 | 24.06 | 0.25 | 3.10 | 6619.00 | 24.15 | 139.93 | -0.09 | +0.09 | 0 | 2.85 |
| 2027-02-19 | 154 | 420.00 | 53.25 | 0.05 | 2.70 | 14599.00 | 53.27 | 126.26 | -0.02 | +0.05 | 1 | 2.65 |
| 2026-12-18 | 91 | 360.00 | 31.36 | 0.05 | 2.80 | 8599.00 | 31.38 | 125.85 | -0.02 | +0.07 | 29 | 2.75 |
| 2026-10-16 | 28 | 300.00 | 9.47 | 0.05 | 2.05 | 2599.00 | 9.48 | 123.62 | -0.02 | +0.11 | 90 | 2.00 |
| 2026-11-20 | 63 | 330.00 | 20.41 | 0.95 | 4.10 | 5689.00 | 20.76 | 120.27 | -0.35 | +0.13 | 0 | 3.15 |
| 2027-01-15 | 119 | 380.00 | 38.66 | 0.05 | 2.70 | 10599.00 | 38.67 | 118.62 | -0.02 | +0.06 | 4 | 2.65 |
As of September 21, 2026
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