AES Corp
AES Corp (AES) Covered Calls
As of September 25, 2026, AES has 18 covered call opportunities in the coming three months. Return ranges from 1.4 to 35.4% until expiration. Annualized return ranges from 0.8 to 26.4%. The nearest expiration is November 20, 2026. Maximum potential profit is $524.
Read more
Running AES covered calls helps you generate consistent income from AES Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on AES Corp 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 AES 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 AES 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 AES 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 AES Corp covered call is worth writing.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. The company also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses a range of fuels and technologies to generate electricity, including coal, gas, hydro, wind, solar, and biomass; and renewables, such as energy storage and landfill gas.
The company owns and/or operates a generation portfolio of approximately 31,459 megawatts. It has operations in the United States, Puerto Rico, El Salvador, Chile, Colombia, Argentina, Brazil, Mexico, Central America, the Caribbean, Europe, and Asia. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
Income-focused investors, long-term AES 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 AES covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best AES Corp covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryUtilities - Diversified
- SectorUtilities
- IV percentile20.24% Subdued
- Market cap (M$)10,609
- 52 weeks high-15.75%
- 52 weeks low14.65%
- Analyst recommendationHold
3.00 - Target price$15.00
0.87% above the current stock price - Dividend—
- Payout ratio53.52%
- Earnings date2026-11-03
- P/E5.56
- Future P/E6.14
- EPS (ttm)2.68
- EPS growth next 5 years3.67%
As of September 25, 2026
| 2028-01-21 | 485 | 20.00 | 35.04 | 0.01 | 0.05 | 520.00 | 35.11 | 26.42 | -0.07 | +0.04 | 4,588 | 0.04 |
| 2027-01-15 | 114 | 16.00 | 8.04 | 0.01 | 0.02 | 120.00 | 8.10 | 25.94 | -0.07 | +0.06 | 1,446 | 0.01 |
| 2028-06-16 | 632 | 20.00 | 35.04 | 0.03 | 0.07 | 522.00 | 35.25 | 20.36 | -0.20 | +0.06 | 37 | 0.04 |
| 2027-06-17 | 267 | 17.00 | 14.79 | 0.01 | 0.03 | 220.00 | 14.85 | 20.31 | -0.07 | +0.05 | 334 | 0.02 |
| 2028-12-15 | 814 | 20.00 | 35.04 | 0.05 | 0.06 | 524.00 | 35.38 | 15.87 | -0.34 | +0.07 | 27 | 0.01 |
| 2028-01-21 | 485 | 17.00 | 14.79 | 0.01 | 0.06 | 220.00 | 14.85 | 11.18 | -0.07 | +0.09 | 1,963 | 0.05 |
| 2026-11-20 | 58 | 15.00 | 1.28 | 0.02 | 0.03 | 21.00 | 1.42 | 8.92 | -0.14 | +0.27 | 4,811 | 0.01 |
| 2028-06-16 | 632 | 17.00 | 14.79 | 0.02 | 0.06 | 221.00 | 14.92 | 8.62 | -0.14 | +0.11 | 1,099 | 0.04 |
| 2028-12-15 | 814 | 17.00 | 14.79 | 0.03 | 0.06 | 222.00 | 14.99 | 6.72 | -0.20 | +0.14 | 452 | 0.03 |
| 2029-01-19 | 849 | 17.00 | 14.79 | 0.03 | 0.07 | 222.00 | 14.99 | 6.44 | -0.20 | +0.15 | 52 | 0.04 |
As of September 25, 2026
Sell covered calls with the data behind you
Find the best AES 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→