ONE Gas Inc
ONE Gas Inc (OGS) Covered Calls
As of September 21, 2026, OGS has 15 covered call opportunities in the coming three months. Return ranges from 2.5 to 34.6% until expiration. Annualized return ranges from 10.9 to 112.8%. The nearest expiration is October 16, 2026. Maximum potential profit is $2,574.
Read more
Running OGS covered calls helps you generate consistent income from ONE Gas Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on ONE Gas 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 OGS 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 OGS 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 OGS 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 ONE Gas Inc covered call is worth writing.
ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company operates through three divisions: Oklahoma Natural Gas, Kansas Gas Service, and Texas Gas Service. It provides natural gas distribution services to 2.2 million customers in three states. It serves residential, commercial, and transportation customers. As of December 31, 2021, it operated approximately 41,600 miles of distribution mains; and 2,400 miles of transmission pipelines, as well as had 51.4 billion cubic feet of natural gas storage capacity. ONE Gas, Inc.
was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Income-focused investors, long-term OGS 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 OGS covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best ONE Gas Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryUtilities - Regulated Gas
- SectorUtilities
- IV percentile21.83% Subdued
- Market cap (M$)4,624
- 52 weeks high-18.96%
- 52 weeks low-0.96%
- Analyst recommendationBuy
1.70 - Target price$89.19
21.23% above the current stock price - Dividend—
- Payout ratio61.38%
- Earnings date2026-11-02
- P/E15.88
- Future P/E14.53
- EPS (ttm)4.63
- EPS growth next 5 years6.95%
As of September 21, 2026
| 2026-10-16 | 25 | 80.00 | 7.66 | 0.05 | 0.90 | 574.00 | 7.72 | 112.78 | -0.07 | +0.17 | 34 | 0.85 |
| 2027-01-15 | 116 | 95.00 | 27.84 | 0.05 | 0.75 | 2074.00 | 27.91 | 87.82 | -0.07 | +0.08 | 3 | 0.70 |
| 2027-01-15 | 116 | 90.00 | 21.11 | 0.20 | 1.10 | 1589.00 | 21.38 | 67.28 | -0.27 | +0.13 | 28 | 0.90 |
| 2027-04-16 | 207 | 100.00 | 34.57 | 0.05 | 1.30 | 2574.00 | 34.64 | 61.08 | -0.07 | +0.10 | 0 | 1.25 |
| 2027-04-16 | 207 | 95.00 | 27.84 | 0.05 | 1.45 | 2074.00 | 27.91 | 49.21 | -0.07 | +0.12 | 1 | 1.40 |
| 2026-11-20 | 60 | 80.00 | 7.66 | 0.05 | 1.45 | 574.00 | 7.72 | 46.99 | -0.07 | +0.22 | 10 | 1.40 |
| 2027-01-15 | 116 | 85.00 | 14.39 | 0.05 | 1.40 | 1074.00 | 14.45 | 45.48 | -0.07 | +0.16 | 27 | 1.35 |
| 2027-04-16 | 207 | 90.00 | 21.11 | 0.05 | 2.10 | 1574.00 | 21.18 | 37.35 | -0.07 | +0.17 | 0 | 2.05 |
| 2026-10-16 | 25 | 75.00 | 0.93 | 1.15 | 1.95 | 184.00 | 2.48 | 36.15 | -1.55 | +0.47 | 2 | 0.80 |
| 2027-01-15 | 116 | 80.00 | 7.66 | 1.35 | 2.25 | 704.00 | 9.47 | 29.81 | -1.82 | +0.33 | 21 | 0.90 |
As of September 21, 2026
Sell covered calls with the data behind you
Find the best OGS covered call setups ranked by annualized return, filter by premium, delta, and days to expiration, and act on the opportunity in seconds.
Start your 14-day free trial→