Franklin Intelligent Machines ETF (IQM) Covered Calls

Running IQM covered calls helps you generate consistent income from Franklin Intelligent Machines ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Franklin Intelligent Machines 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 IQM 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 IQM 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 IQM 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 Franklin Intelligent Machines ETF covered call is worth writing.

The fund seeks capital appreciation by investing in equity securities inside and outside of the United States, including developing or emerging markets. The fund invests in companies that are relevant to its investment theme of intelligent machines that the investment manager believes are substantially focused on/or are expected to substantially benefit from the ongoing technology-driven transformation of products, software, systems and machinery as well as product design, manufacture, logistics, distribution and maintenance, including through developments in artificial intelligence.

Income-focused investors, long-term IQM 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 IQM covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Franklin Intelligent Machines ETF covered calls come to you, already filtered for the metrics that matter.