Waste Management Inc
Waste Management Inc (WM) Covered Calls
As of September 24, 2026, WM has 105 covered call opportunities in the coming three months. Return ranges from 2.6 to 73.4% until expiration. Annualized return ranges from 7.0 to 169.2%. The nearest expiration is October 16, 2026. Maximum potential profit is $15,262.
Read more
Running WM covered calls helps you generate consistent income from Waste Management Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Waste Management 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 WM 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 WM 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 WM 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 Waste Management Inc covered call is worth writing.
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations.
It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.
Income-focused investors, long-term WM 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 WM covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Waste Management Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryWaste Management
- SectorIndustrials
- IV percentile70.24% Elevated
- Market cap (M$)83,125
- 52 weeks high-16.19%
- 52 weeks low7.14%
- Analyst recommendationBuy
1.93 - Target price$261.22
26.30% above the current stock price - Dividend—
- Payout ratio49.26%
- Earnings date2026-10-26
- P/E29.44
- Future P/E22.93
- EPS (ttm)7.06
- EPS growth next 5 years9.76%
As of September 24, 2026
| 2026-10-16 | 23 | 230.00 | 10.64 | 0.05 | 0.25 | 2217.00 | 10.66 | 169.25 | -0.02 | +0.03 | 1,295 | 0.20 |
| 2026-12-18 | 86 | 260.00 | 25.07 | 0.20 | 0.60 | 5232.00 | 25.17 | 106.82 | -0.10 | +0.04 | 219 | 0.40 |
| 2026-10-16 | 23 | 220.00 | 5.83 | 0.55 | 0.75 | 1267.00 | 6.09 | 96.72 | -0.26 | +0.13 | 1,016 | 0.20 |
| 2026-12-18 | 86 | 250.00 | 20.26 | 0.10 | 0.85 | 4222.00 | 20.31 | 86.20 | -0.05 | +0.05 | 272 | 0.75 |
| 2027-04-16 | 205 | 290.00 | 39.50 | 0.10 | 0.80 | 8222.00 | 39.55 | 70.42 | -0.05 | +0.04 | 1 | 0.70 |
| 2026-11-20 | 58 | 230.00 | 10.64 | 1.10 | 1.50 | 2322.00 | 11.17 | 70.29 | -0.53 | +0.15 | 141 | 0.40 |
| 2026-12-18 | 86 | 240.00 | 15.45 | 1.00 | 1.10 | 3312.00 | 15.93 | 67.62 | -0.48 | +0.11 | 744 | 0.10 |
| 2027-01-15 | 114 | 250.00 | 20.26 | 0.65 | 1.25 | 4277.00 | 20.57 | 65.87 | -0.31 | +0.09 | 469 | 0.60 |
| 2027-04-16 | 205 | 280.00 | 34.69 | 0.20 | 0.95 | 7232.00 | 34.79 | 61.94 | -0.10 | +0.05 | 1 | 0.75 |
| 2027-03-19 | 177 | 270.00 | 29.88 | 0.05 | 1.15 | 6217.00 | 29.91 | 61.67 | -0.02 | +0.05 | 34 | 1.10 |
As of September 24, 2026
Sell covered calls with the data behind you
Find the best WM covered call setups ranked by annualized return, filter by premium, delta, and days to expiration, and act on the opportunity in seconds.
Start your 14-day free trial→