Granite Construction Inc
Granite Construction Inc (GVA) Covered Calls
As of September 28, 2026, GVA has 19 covered call opportunities in the coming three months. Return ranges from 4.7 to 34.2% until expiration. Annualized return ranges from 25.2 to 164.3%. The nearest expiration is October 16, 2026. Maximum potential profit is $3,958.
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Running GVA covered calls helps you generate consistent income from Granite Construction Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Granite Construction 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 GVA 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 GVA 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 GVA 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 Granite Construction Inc covered call is worth writing.
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects.
The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
Income-focused investors, long-term GVA 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 GVA covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Granite Construction Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryEngineering & Construction
- SectorIndustrials
- IV percentile61.51% Neutral
- Market cap (M$)5,067
- 52 weeks high-28.57%
- 52 weeks low19.03%
- Analyst recommendationBuy
1.80 - Target price$171.67
47.65% above the current stock price - Dividend—
- Payout ratio14.32%
- Earnings date2026-11-05
- P/E—
- Future P/E15.49
- EPS (ttm)-4.37
- EPS growth next 5 years28.63%
As of September 28, 2026
| 2026-10-16 | 18 | 125.00 | 7.97 | 0.15 | 1.25 | 938.00 | 8.10 | 164.30 | -0.13 | +0.16 | 36 | 1.10 |
| 2026-11-20 | 53 | 135.00 | 16.61 | 0.10 | 1.65 | 1933.00 | 16.70 | 114.99 | -0.09 | +0.13 | 9 | 1.55 |
| 2026-12-18 | 81 | 140.00 | 20.93 | 0.25 | 1.90 | 2448.00 | 21.15 | 95.28 | -0.22 | +0.13 | 5 | 1.65 |
| 2026-10-16 | 18 | 120.00 | 3.65 | 1.20 | 3.10 | 543.00 | 4.69 | 95.11 | -1.04 | +0.35 | 14 | 1.90 |
| 2026-11-20 | 53 | 130.00 | 12.29 | 1.30 | 3.00 | 1553.00 | 13.41 | 92.38 | -1.12 | +0.24 | 22 | 1.70 |
| 2026-12-18 | 81 | 135.00 | 16.61 | 0.95 | 3.20 | 2018.00 | 17.43 | 78.55 | -0.82 | +0.21 | 9 | 2.25 |
| 2027-03-19 | 172 | 155.00 | 33.89 | 0.35 | 2.10 | 3958.00 | 34.19 | 72.55 | -0.30 | +0.11 | 0 | 1.75 |
| 2026-11-20 | 53 | 125.00 | 7.97 | 2.30 | 3.40 | 1153.00 | 9.96 | 68.59 | -1.99 | +0.31 | 17 | 1.10 |
| 2027-03-19 | 172 | 150.00 | 29.57 | 0.35 | 2.85 | 3458.00 | 29.87 | 63.39 | -0.30 | +0.14 | 0 | 2.50 |
| 2026-12-18 | 81 | 130.00 | 12.29 | 1.35 | 4.40 | 1558.00 | 13.46 | 60.64 | -1.17 | +0.28 | 5 | 3.05 |
As of September 28, 2026
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