Royal Bank Of Canada

RYNYSE · USD
201.98USD0.00 (+1.25%)
369

Royal Bank Of Canada (RY) Covered Calls

As of September 25, 2026, RY has 39 covered call opportunities in the coming three months. Return ranges from 1.4 to 52.2% until expiration. Annualized return ranges from 6.4 to 81.8%. The nearest expiration is October 16, 2026. Maximum potential profit is $10,405.

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Running RY covered calls helps you generate consistent income from Royal Bank Of Canada's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Royal Bank Of Canada 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 RY 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 RY 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 RY 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 Royal Bank Of Canada covered call is worth writing.

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network.

Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

Income-focused investors, long-term RY 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 RY covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Royal Bank Of Canada covered calls come to you, already filtered for the metrics that matter.

Stock Statistics

  • IndustryBanks - Diversified
  • SectorFinancial
  • IV percentile32.54% Subdued
  • Market cap (M$)280,065
  • 52 weeks high-7.59%
  • 52 weeks low41.12%
  • Analyst recommendationBuy
    1.67
  • Target price$225.96
    11.87% above the current stock price
  • Dividend—
  • Payout ratio42.84%
  • Earnings date2026-12-03
  • P/E17.65
  • Future P/E15.69
  • EPS (ttm)11.44
  • EPS growth next 5 years10.92%

As of September 25, 2026

2027-01-15114250.0025.340.400.855095.0025.5581.79-0.20+0.069980.45
2026-11-2058220.0010.300.251.502080.0010.4365.63-0.13+0.121,1991.25
2027-01-15114240.0020.330.201.004075.0020.4365.42-0.10+0.075130.80
2027-01-15114230.0015.320.602.053115.0015.6250.00-0.30+0.136161.45
2027-04-16205250.0025.340.103.805065.0025.3945.22-0.05+0.1333.70
2026-12-1886220.0010.300.654.302120.0010.6345.11-0.33+0.2203.65
2027-04-16205240.0020.331.203.604175.0020.9337.27-0.60+0.16322.40
2026-11-2058210.005.291.103.901165.005.8436.76-0.55+0.283362.80
2027-01-15114220.0010.301.403.502195.0011.0135.24-0.70+0.221,6452.10
2028-01-21485280.0040.391.004.308155.0040.8930.77-0.50+0.1303.30

As of September 25, 2026

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