Banco Macro SA ADR
Banco Macro SA ADR (BMA) Covered Calls
As of September 28, 2026, BMA has 28 covered call opportunities in the coming three months. Return ranges from 4.6 to 67.1% until expiration. Annualized return ranges from 19.9 to 285.0%. The nearest expiration is October 16, 2026. Maximum potential profit is $4,619.
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Running BMA covered calls helps you generate consistent income from Banco Macro SA ADR's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Banco Macro SA ADR 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 BMA 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 BMA 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 BMA 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 Banco Macro SA ADR covered call is worth writing.
Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers.
In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.
Income-focused investors, long-term BMA 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 BMA covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Banco Macro SA ADR covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryBanks - Regional
- SectorFinancial
- IV percentile84.92% Elevated
- Market cap (M$)4,149
- 52 weeks high-37.79%
- 52 weeks low68.04%
- Analyst recommendationStrong Buy
1.22 - Target price$116.84
76.92% above the current stock price - Dividend—
- Payout ratio—
- Earnings date2026-11-25
- P/E14.09
- Future P/E5.40
- EPS (ttm)4.69
- EPS growth next 5 years70.07%
As of September 28, 2026
| 2026-10-16 | 21 | 80.00 | 16.18 | 0.15 | 1.10 | 1129.00 | 16.40 | 284.97 | -0.22 | +0.14 | 121 | 0.95 |
| 2026-11-20 | 56 | 95.00 | 37.96 | 0.05 | 2.95 | 2619.00 | 38.03 | 247.90 | -0.07 | +0.16 | 0 | 2.90 |
| 2026-11-20 | 56 | 90.00 | 30.70 | 0.20 | 2.55 | 2134.00 | 30.99 | 201.99 | -0.29 | +0.17 | 0 | 2.35 |
| 2027-01-15 | 112 | 110.00 | 59.74 | 0.10 | 0.75 | 4124.00 | 59.89 | 195.18 | -0.15 | +0.06 | 520 | 0.65 |
| 2027-01-15 | 112 | 105.00 | 52.48 | 0.05 | 4.00 | 3619.00 | 52.56 | 171.28 | -0.07 | +0.17 | 7 | 3.95 |
| 2026-10-16 | 21 | 75.00 | 8.92 | 0.55 | 1.45 | 669.00 | 9.72 | 168.86 | -0.80 | +0.24 | 90 | 0.90 |
| 2026-11-20 | 56 | 85.00 | 23.44 | 0.30 | 1.95 | 1644.00 | 23.87 | 155.61 | -0.44 | +0.17 | 0 | 1.65 |
| 2027-01-15 | 112 | 100.00 | 45.22 | 0.05 | 3.10 | 3119.00 | 45.29 | 147.61 | -0.07 | +0.16 | 1,581 | 3.05 |
| 2027-01-15 | 112 | 95.00 | 37.96 | 0.05 | 4.70 | 2619.00 | 38.03 | 123.95 | -0.07 | +0.22 | 34 | 4.65 |
| 2027-04-16 | 203 | 115.00 | 67.01 | 0.05 | 4.60 | 4619.00 | 67.08 | 120.61 | -0.07 | +0.18 | 12 | 4.55 |
As of September 28, 2026
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