Cullen Frost Bankers Inc
Cullen Frost Bankers Inc (CFR) Covered Calls
As of September 25, 2026, CFR has 28 covered call opportunities in the coming three months. Return ranges from 2.8 to 27.1% until expiration. Annualized return ranges from 12.7 to 89.2%. The nearest expiration is October 16, 2026. Maximum potential profit is $4,263.
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Running CFR covered calls helps you generate consistent income from Cullen Frost Bankers Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Cullen Frost Bankers 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 CFR 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 CFR 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 CFR 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 Cullen Frost Bankers Inc covered call is worth writing.
Cullen/Frost Bankers, Inc. operates as the bank holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services.
In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 171 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; and holds securities for investment purposes, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 157 financial centers and 1,650 ATMs. The company serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.
Income-focused investors, long-term CFR 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 CFR covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Cullen Frost Bankers Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryBanks - Regional
- SectorFinancial
- IV percentile66.47% Neutral
- Market cap (M$)9,783
- 52 weeks high-7.83%
- 52 weeks low32.29%
- Analyst recommendationBuy
2.41 - Target price$173.29
10.08% above the current stock price - Dividend—
- Payout ratio39.84%
- Earnings date2026-10-29
- P/E14.89
- Future P/E13.24
- EPS (ttm)10.57
- EPS growth next 5 years8.44%
As of September 25, 2026
| 2026-10-16 | 21 | 165.00 | 4.82 | 0.50 | 1.45 | 808.00 | 5.13 | 89.21 | -0.32 | +0.21 | 125 | 0.95 |
| 2026-11-20 | 56 | 175.00 | 11.17 | 0.15 | 3.20 | 1773.00 | 11.26 | 73.41 | -0.10 | +0.19 | 0 | 3.05 |
| 2026-11-20 | 56 | 170.00 | 7.99 | 1.45 | 2.40 | 1403.00 | 8.91 | 58.09 | -0.92 | +0.24 | 0 | 0.95 |
| 2027-01-15 | 112 | 185.00 | 17.52 | 0.10 | 2.45 | 2768.00 | 17.58 | 57.30 | -0.06 | +0.13 | 459 | 2.35 |
| 2026-10-16 | 21 | 160.00 | 1.64 | 1.80 | 3.00 | 438.00 | 2.78 | 48.36 | -1.14 | +0.41 | 72 | 1.20 |
| 2027-01-15 | 112 | 180.00 | 14.34 | 0.40 | 2.60 | 2298.00 | 14.60 | 47.57 | -0.25 | +0.16 | 159 | 2.20 |
| 2026-11-20 | 56 | 165.00 | 4.82 | 2.80 | 3.80 | 1038.00 | 6.59 | 42.98 | -1.78 | +0.35 | 0 | 1.00 |
| 2027-05-21 | 238 | 200.00 | 27.05 | 0.05 | 2.45 | 4263.00 | 27.08 | 41.53 | -0.03 | +0.11 | 2 | 2.40 |
| 2027-01-15 | 112 | 175.00 | 11.17 | 1.90 | 3.10 | 1948.00 | 12.37 | 40.33 | -1.21 | +0.24 | 5 | 1.20 |
| 2027-04-16 | 203 | 190.00 | 20.70 | 0.45 | 3.90 | 3303.00 | 20.98 | 37.73 | -0.29 | +0.17 | 0 | 3.45 |
As of September 25, 2026
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