State Street SPDR Portfolio TIPS ETF
State Street SPDR Portfolio TIPS ETF (SPIP) Covered Calls
As of September 18, 2026, SPIP has 2 covered call opportunities in the coming three months. Return ranges from 3.1 to 5.5% until expiration. Annualized return ranges from 4.6 to 8.2%. The nearest expiration is May 21, 2027. Maximum potential profit is $137.
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Running SPIP covered calls helps you generate consistent income from State Street SPDR Portfolio TIPS ETF's shares you already own, turning a long stock position into a yield-producing asset. A covered call on State Street SPDR Portfolio TIPS 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 SPIP 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 SPIP 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 SPIP 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 State Street SPDR Portfolio TIPS ETF covered call is worth writing.
The State Street SPDR Portfolio TIPS ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg U.S. Government Inflation-Linked Bond Index (the "Index").A low cost ETF that seeks to offer exposure to U.S. Treasury inflation protected securities (TIPS). TIPS are securities issued by the U.S. Treasury that are designed to provide inflation protection to investorsSeeks to hedge against the erosion of purchasing power due to inflation. One of the low cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes.
Income-focused investors, long-term SPIP 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 SPIP covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best State Street SPDR Portfolio TIPS ETF covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryExchange Traded Fund
- SectorFinancial
- IV percentile65.08% Neutral
- Market cap (M$)—
- 52 weeks high-7.08%
- 52 weeks low0.00%
- Analyst recommendation—
- Target price—
- Dividend—
- Payout ratio—
- Earnings date—
- P/E—
- Future P/E—
- EPS (ttm)—
- EPS growth next 5 years—
As of September 18, 2026
| 2027-05-21 | 246 | 26.00 | 4.92 | 0.15 | 0.40 | 137.00 | 5.53 | 8.20 | -0.61 | +0.34 | 0 | 0.25 |
| 2027-05-21 | 246 | 25.00 | 0.89 | 0.55 | 0.85 | 77.00 | 3.11 | 4.61 | -2.22 | +0.66 | 0 | 0.30 |
As of September 18, 2026
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