Cummins Inc

CMINYSE · USD
517.40USD0.00 (-0.41%)
777

Cummins Inc (CMI) Covered Calls

As of October 23, 2026, CMI has 114 covered call opportunities in the coming three months. Return ranges from 5.0 to 81.7% until expiration. Annualized return ranges from 16.1 to 258.7%. The nearest expiration is November 20, 2026. Maximum potential profit is $42,265.

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Running CMI covered calls helps you generate consistent income from Cummins Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Cummins 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 CMI 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 CMI 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 CMI 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 Cummins Inc covered call is worth writing.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines.

It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Income-focused investors, long-term CMI 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 CMI covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Cummins Inc covered calls come to you, already filtered for the metrics that matter.

Stock Statistics

  • IndustrySpecialty Industrial Machinery
  • SectorIndustrials
  • IV percentile98.41% Elevated
  • Market cap (M$)71,228
  • 52 weeks high-29.87%
  • 52 weeks low24.98%
  • Analyst recommendationBuy
    1.81
  • Target price$727.04
    40.52% above the current stock price
  • Dividend—
  • Payout ratio37.27%
  • Earnings date2026-11-05
  • P/E26.44
  • Future P/E14.96
  • EPS (ttm)19.57
  • EPS growth next 5 years19.15%

As of October 23, 2026

2026-11-2028620.0019.830.103.3010270.0019.85258.75-0.02+0.07963.20
2026-11-2028610.0017.900.754.109335.0018.04235.19-0.14+0.09413.35
2026-12-1856700.0035.290.502.7518310.0035.39230.66-0.10+0.051052.25
2026-11-2028600.0015.961.154.408375.0016.19211.01-0.22+0.111423.25
2026-11-2028590.0014.031.955.307455.0014.41187.83-0.38+0.133113.35
2026-12-1856660.0027.560.053.5014265.0027.57179.70-0.01+0.06373.45
2026-11-2028580.0012.105.006.006760.0013.07170.32-0.97+0.18461.00
2026-12-1856650.0025.631.703.1013430.0025.96169.18-0.33+0.073061.40
2026-12-1856640.0023.700.604.8012320.0023.81155.20-0.12+0.081264.20
2026-11-2028570.0010.175.808.505840.0011.29147.14-1.12+0.22552.70

As of October 23, 2026

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