Armstrong World Industries Inc
Armstrong World Industries Inc (AWI) Covered Calls
As of September 25, 2026, AWI has 25 covered call opportunities in the coming three months. Return ranges from 2.5 to 29.4% until expiration. Annualized return ranges from 18.9 to 110.5%. The nearest expiration is October 16, 2026. Maximum potential profit is $4,779.
Read more
Running AWI covered calls helps you generate consistent income from Armstrong World Industries Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Armstrong World Industries 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 AWI 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 AWI 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 AWI 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 Armstrong World Industries Inc covered call is worth writing.
Armstrong World Industries, Inc., together with its subsidiaries, designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. The company operates through Mineral Fiber and Architectural Specialties segments. The company produces suspended mineral fiber, soft fiber, fiberglass wool, and metal ceiling systems, as well as wood, wood fiber, glass-reinforced-gypsum, and felt ceiling and wall systems; ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems; ceilings and walls for use in commercial settings; and acoustical controls, facades, and partitions.
It sells its commercial ceiling and architectural specialties products to resale distributors and ceiling system contractors; and residential ceiling products to wholesalers and retailers, such as large home centers. The company was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.
Income-focused investors, long-term AWI 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 AWI covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Armstrong World Industries Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryBuilding Products & Equipment
- SectorIndustrials
- IV percentile63.49% Neutral
- Market cap (M$)6,881
- 52 weeks high-21.00%
- 52 weeks low8.34%
- Analyst recommendationBuy
1.77 - Target price$210.18
27.58% above the current stock price - Dividend—
- Payout ratio17.84%
- Earnings date2026-10-27
- P/E22.30
- Future P/E17.00
- EPS (ttm)7.30
- EPS growth next 5 years12.21%
As of September 25, 2026
| 2026-11-20 | 56 | 190.00 | 16.70 | 0.40 | 3.20 | 2759.00 | 16.95 | 110.45 | -0.25 | +0.16 | 0 | 2.80 |
| 2026-12-18 | 84 | 200.00 | 22.84 | 0.30 | 3.10 | 3749.00 | 23.03 | 100.06 | -0.18 | +0.13 | 1 | 2.80 |
| 2026-11-20 | 56 | 185.00 | 13.63 | 0.85 | 2.65 | 2304.00 | 14.15 | 92.24 | -0.52 | +0.17 | 0 | 1.80 |
| 2026-12-18 | 84 | 195.00 | 19.77 | 0.30 | 2.30 | 3249.00 | 19.96 | 86.71 | -0.18 | +0.12 | 504 | 2.00 |
| 2026-10-16 | 21 | 170.00 | 4.42 | 0.50 | 2.30 | 769.00 | 4.72 | 82.10 | -0.31 | +0.25 | 5 | 1.80 |
| 2026-11-20 | 56 | 180.00 | 10.56 | 2.35 | 3.40 | 1954.00 | 12.00 | 78.23 | -1.44 | +0.25 | 0 | 1.05 |
| 2026-12-18 | 84 | 190.00 | 16.70 | 0.70 | 3.70 | 2789.00 | 17.13 | 74.44 | -0.43 | +0.18 | 5 | 3.00 |
| 2026-12-18 | 84 | 185.00 | 13.63 | 2.15 | 3.30 | 2434.00 | 14.95 | 64.96 | -1.32 | +0.22 | 9 | 1.15 |
| 2026-11-20 | 56 | 175.00 | 7.49 | 3.30 | 4.40 | 1549.00 | 9.51 | 62.01 | -2.03 | +0.32 | 5 | 1.10 |
| 2027-03-19 | 175 | 210.00 | 28.98 | 0.60 | 3.80 | 4779.00 | 29.35 | 61.22 | -0.37 | +0.14 | 1 | 3.20 |
As of September 25, 2026
Sell covered calls with the data behind you
Find the best AWI 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→