Turning Point Brands Inc
Turning Point Brands Inc (TPB) Covered Calls
As of September 22, 2026, TPB has 42 covered call opportunities in the coming three months. Return ranges from 9.5 to 119.8% until expiration. Annualized return ranges from 23.8 to 372.6%. The nearest expiration is October 16, 2026. Maximum potential profit is $7,222.
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Running TPB covered calls helps you generate consistent income from Turning Point Brands Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Turning Point Brands Inc 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 TPB 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 TPB 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 TPB 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 Turning Point Brands Inc covered call is worth writing.
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast.
It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.
Income-focused investors, long-term TPB 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 TPB covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Turning Point Brands Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryTobacco
- SectorConsumer Defensive
- IV percentile67.06% Elevated
- Market cap (M$)1,209
- 52 weeks high-58.97%
- 52 weeks low2.78%
- Analyst recommendationStrong Buy
1.00 - Target price$118.50
106.89% above the current stock price - Dividend—
- Payout ratio9.66%
- Earnings date2026-11-04
- P/E25.93
- Future P/E31.11
- EPS (ttm)2.32
- EPS growth next 5 years3.72%
As of September 22, 2026
| 2026-10-16 | 24 | 75.00 | 24.42 | 0.05 | 0.60 | 1477.00 | 24.50 | 372.64 | -0.08 | +0.08 | 186 | 0.55 |
| 2026-10-16 | 24 | 70.00 | 16.12 | 0.20 | 0.85 | 992.00 | 16.46 | 250.28 | -0.33 | +0.14 | 2 | 0.65 |
| 2026-11-20 | 59 | 80.00 | 32.71 | 0.10 | 2.80 | 1982.00 | 32.88 | 203.41 | -0.17 | +0.18 | 0 | 2.70 |
| 2026-12-18 | 87 | 85.00 | 41.01 | 0.35 | 1.50 | 2507.00 | 41.59 | 174.48 | -0.58 | +0.13 | 11 | 1.15 |
| 2026-11-20 | 59 | 75.00 | 24.42 | 0.60 | 2.75 | 1532.00 | 25.41 | 157.23 | -1.00 | +0.22 | 0 | 2.15 |
| 2027-01-15 | 115 | 90.00 | 49.30 | 0.05 | 3.10 | 2977.00 | 49.39 | 156.75 | -0.08 | +0.17 | 34 | 3.05 |
| 2027-04-16 | 206 | 110.00 | 82.48 | 0.20 | 3.20 | 4992.00 | 82.81 | 146.73 | -0.33 | +0.15 | 0 | 3.00 |
| 2026-10-16 | 24 | 65.00 | 7.83 | 1.00 | 1.70 | 572.00 | 9.49 | 144.31 | -1.66 | +0.30 | 18 | 0.70 |
| 2026-12-18 | 87 | 80.00 | 32.71 | 0.20 | 2.70 | 1992.00 | 33.05 | 138.64 | -0.33 | +0.19 | 502 | 2.50 |
| 2027-01-15 | 115 | 85.00 | 41.01 | 0.75 | 2.60 | 2547.00 | 42.25 | 134.11 | -1.24 | +0.19 | 9 | 1.85 |
As of September 22, 2026
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