Philip Morris International Inc
Philip Morris International Inc (PM) Covered Calls
As of September 25, 2026, PM has 110 covered call opportunities in the coming three months. Return ranges from 1.7 to 58.3% until expiration. Annualized return ranges from 7.7 to 263.3%. The nearest expiration is October 2, 2026. Maximum potential profit is $11,102.
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Running PM covered calls helps you generate consistent income from Philip Morris International Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Philip Morris International 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 PM 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 PM 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 PM 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 Philip Morris International Inc covered call is worth writing.
Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products that are sold in markets outside the United States. The company offers its smoke-free products under the HEETS, HEETS Creations, HEETS Dimensions, HEETS Marlboro, HEETS FROM MARLBORO, Marlboro Dimensions, Marlboro HeatSticks, Parliament HeatSticks, and TEREA brands, as well as the KT&G-licensed brands, Fiit, and Miix.
It also sells its products under the Marlboro, Parliament, Bond Street, Chesterfield, L&M, Lark, and Philip Morris brands. In addition, the company owns various cigarette brands, such as Dji Sam Soe, Sampoerna A, and Sampoerna U in Indonesia; and Fortune and Jackpot in the Philippines. The company sells its smoke-free products in 71 markets. Philip Morris International Inc. was incorporated in 1987 and is headquartered in New York, New York.
Income-focused investors, long-term PM 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 PM covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Philip Morris International Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryTobacco
- SectorConsumer Defensive
- IV percentile91.27% Elevated
- Market cap (M$)296,885
- 52 weeks high-8.32%
- 52 weeks low34.04%
- Analyst recommendationBuy
1.83 - Target price$209.77
10.13% above the current stock price - Dividend—
- Payout ratio77.65%
- Earnings date2026-10-21
- P/E27.38
- Future P/E20.78
- EPS (ttm)6.96
- EPS growth next 5 years9.92%
As of September 25, 2026
| 2026-10-02 | 7 | 200.00 | 5.00 | 0.10 | 0.40 | 962.00 | 5.05 | 263.34 | -0.05 | +0.08 | 108 | 0.30 |
| 2026-11-20 | 56 | 250.00 | 31.25 | 0.05 | 0.35 | 5957.00 | 31.27 | 203.84 | -0.03 | +0.02 | 79 | 0.30 |
| 2026-10-16 | 21 | 212.50 | 11.56 | 0.05 | 0.55 | 2207.00 | 11.59 | 201.38 | -0.03 | +0.06 | 53 | 0.50 |
| 2026-10-09 | 14 | 205.00 | 7.62 | 0.05 | 0.40 | 1457.00 | 7.65 | 199.42 | -0.03 | +0.06 | 43 | 0.35 |
| 2026-10-02 | 7 | 197.50 | 3.69 | 0.20 | 0.65 | 722.00 | 3.79 | 197.64 | -0.10 | +0.14 | 53 | 0.45 |
| 2026-10-16 | 21 | 210.00 | 10.25 | 0.10 | 0.30 | 1962.00 | 10.30 | 179.03 | -0.05 | +0.05 | 1,146 | 0.20 |
| 2026-10-23 | 28 | 215.00 | 12.87 | 0.10 | 2.35 | 2462.00 | 12.93 | 168.49 | -0.05 | +0.13 | 7 | 2.25 |
| 2026-10-09 | 14 | 202.50 | 6.31 | 0.15 | 1.25 | 1217.00 | 6.39 | 166.57 | -0.08 | +0.14 | 10 | 1.10 |
| 2026-10-16 | 21 | 207.50 | 8.94 | 0.15 | 0.55 | 1717.00 | 9.01 | 156.67 | -0.08 | +0.07 | 1 | 0.40 |
| 2027-01-15 | 112 | 280.00 | 47.00 | 0.05 | 0.35 | 8957.00 | 47.02 | 153.25 | -0.03 | +0.02 | 29 | 0.30 |
As of September 25, 2026
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