Ovintiv Inc
Ovintiv Inc (OVV) Covered Calls
As of September 28, 2026, OVV has 59 covered call opportunities in the coming three months. Return ranges from 3.8 to 62.1% until expiration. Annualized return ranges from 12.2 to 407.0%. The nearest expiration is October 16, 2026. Maximum potential profit is $3,712.
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Running OVV covered calls helps you generate consistent income from Ovintiv Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Ovintiv 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 OVV 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 OVV 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 OVV 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 Ovintiv Inc covered call is worth writing.
Ovintiv Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc.
in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.
Income-focused investors, long-term OVV 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 OVV covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Ovintiv Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryOil & Gas E&P
- SectorEnergy
- IV percentile76.59% Elevated
- Market cap (M$)16,208
- 52 weeks high-12.86%
- 52 weeks low65.86%
- Analyst recommendationBuy
1.55 - Target price$76.00
29.19% above the current stock price - Dividend—
- Payout ratio25.09%
- Earnings date2026-11-03
- P/E16.45
- Future P/E8.29
- EPS (ttm)3.58
- EPS growth next 5 years17.59%
As of September 28, 2026
| 2026-10-16 | 23 | 75.00 | 25.57 | 0.05 | 0.15 | 1532.00 | 25.65 | 407.03 | -0.08 | +0.04 | 578 | 0.10 |
| 2026-10-16 | 23 | 70.00 | 17.19 | 0.10 | 0.30 | 1037.00 | 17.36 | 275.52 | -0.17 | +0.07 | 2,379 | 0.20 |
| 2026-11-20 | 58 | 75.00 | 25.57 | 0.10 | 0.80 | 1537.00 | 25.73 | 161.94 | -0.17 | +0.10 | 0 | 0.70 |
| 2026-10-16 | 23 | 65.00 | 8.82 | 0.45 | 0.65 | 572.00 | 9.58 | 151.97 | -0.75 | +0.19 | 2,448 | 0.20 |
| 2027-01-15 | 114 | 85.00 | 42.31 | 0.25 | 0.55 | 2552.00 | 42.73 | 136.80 | -0.42 | +0.07 | 45 | 0.30 |
| 2027-03-19 | 177 | 95.00 | 59.05 | 0.05 | 1.05 | 3532.00 | 59.13 | 121.94 | -0.08 | +0.08 | 0 | 1.00 |
| 2026-11-20 | 58 | 70.00 | 17.19 | 0.75 | 0.95 | 1102.00 | 18.45 | 116.11 | -1.26 | +0.18 | 6 | 0.20 |
| 2027-01-15 | 114 | 80.00 | 33.94 | 0.45 | 0.85 | 2072.00 | 34.69 | 111.07 | -0.75 | +0.11 | 93 | 0.40 |
| 2027-04-16 | 205 | 95.00 | 59.05 | 0.05 | 1.20 | 3532.00 | 59.13 | 105.29 | -0.08 | +0.09 | 0 | 1.15 |
| 2027-03-19 | 177 | 90.00 | 50.68 | 0.10 | 1.20 | 3037.00 | 50.85 | 104.85 | -0.17 | +0.10 | 0 | 1.10 |
As of September 28, 2026
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