Independence Realty Trust Inc
Independence Realty Trust Inc (IRT) Covered Calls
As of September 28, 2026, IRT has 4 covered call opportunities in the coming three months. Return ranges from 2.4 to 4.8% until expiration. Annualized return ranges from 8.7 to 48.3%. The nearest expiration is October 16, 2026. Maximum potential profit is $70.
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Running IRT covered calls helps you generate consistent income from Independence Realty Trust Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Independence Realty Trust 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 IRT 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 IRT 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 IRT 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 Independence Realty Trust Inc covered call is worth writing.
Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.
Income-focused investors, long-term IRT 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 IRT covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Independence Realty Trust Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryREIT - Residential
- SectorReal Estate
- IV percentile17.86% Subdued
- Market cap (M$)3,553
- 52 weeks high-17.37%
- 52 weeks low1.66%
- Analyst recommendationBuy
1.62 - Target price$19.27
30.57% above the current stock price - Dividend—
- Payout ratio278.12%
- Earnings date2026-11-04
- P/E80.33
- Future P/E80.27
- EPS (ttm)0.18
- EPS growth next 5 years-11.98%
As of September 28, 2026
| 2026-10-16 | 18 | 15.00 | 2.04 | 0.05 | 0.40 | 35.00 | 2.38 | 48.28 | -0.34 | +0.39 | 40 | 0.35 |
| 2026-11-20 | 53 | 15.00 | 2.04 | 0.10 | 0.85 | 40.00 | 2.72 | 18.74 | -0.68 | +0.46 | 0 | 0.75 |
| 2027-01-15 | 109 | 15.00 | 2.04 | 0.20 | 1.15 | 50.00 | 3.40 | 11.39 | -1.36 | +0.50 | 3 | 0.95 |
| 2027-04-16 | 200 | 15.00 | 2.04 | 0.40 | 1.35 | 70.00 | 4.76 | 8.69 | -2.72 | +0.53 | 0 | 0.95 |
As of September 28, 2026
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