Sap SE ADR
Sap SE ADR (SAP) Covered Calls
As of September 25, 2026, SAP has 181 covered call opportunities in the coming three months. Return ranges from 1.9 to 118.4% until expiration. Annualized return ranges from 12.3 to 448.5%. The nearest expiration is October 2, 2026. Maximum potential profit is $24,937.
Read more
Running SAP covered calls helps you generate consistent income from Sap SE ADR's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Sap SE ADR 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 SAP 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 SAP 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 SAP 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 Sap SE ADR covered call is worth writing.
SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management. The company also provides SAP customer experience solutions; SAP Business Technology platform that enables customers and partners to build, integrate, and automate applications; and SAP Business Network, a business-to-business collaboration platform that helps digitalize key business processes across the supply chain and enables communication between trading partners.
In addition, it offers SAP Signavio to help customers to discover, analyze, and understand their business process operations; SAP's industry cloud solutions that provides modular solutions addressing industry-specific functions; Taulia solutions for working capital management to help enable customers mitigate the effects of inflation by providing visibility into working capital and access to liquidity; and sustainability solutions and services. SAP SE was founded in 1972 and is headquartered in Walldorf, Germany.
Income-focused investors, long-term SAP 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 SAP covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Sap SE ADR covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustrySoftware - Application
- SectorTechnology
- IV percentile88.49% Elevated
- Market cap (M$)243,167
- 52 weeks high-25.12%
- 52 weeks low45.33%
- Analyst recommendationStrong Buy
1.47 - Target price$246.91
16.25% above the current stock price - Dividend—
- Payout ratio30.80%
- Earnings date2026-10-21
- P/E26.49
- Future P/E22.26
- EPS (ttm)7.95
- EPS growth next 5 years14.63%
As of September 25, 2026
| 2026-10-16 | 21 | 265.00 | 25.78 | 0.05 | 0.40 | 5437.00 | 25.81 | 448.55 | -0.02 | +0.03 | 6 | 0.35 |
| 2026-10-02 | 7 | 227.50 | 7.98 | 0.15 | 1.15 | 1697.00 | 8.05 | 420.00 | -0.07 | +0.11 | 25 | 1.00 |
| 2026-10-16 | 21 | 260.00 | 23.41 | 0.05 | 0.30 | 4937.00 | 23.43 | 407.30 | -0.02 | +0.02 | 4 | 0.25 |
| 2027-01-15 | 112 | 460.00 | 118.34 | 0.05 | 0.25 | 24937.00 | 118.36 | 385.74 | -0.02 | +0.01 | 132 | 0.20 |
| 2026-12-18 | 84 | 390.00 | 85.11 | 0.05 | 0.50 | 17937.00 | 85.14 | 369.95 | -0.02 | +0.02 | 13 | 0.45 |
| 2026-10-16 | 21 | 255.00 | 21.04 | 0.15 | 0.50 | 4447.00 | 21.11 | 366.87 | -0.07 | +0.04 | 0 | 0.35 |
| 2026-10-09 | 14 | 240.00 | 13.92 | 0.05 | 1.55 | 2937.00 | 13.94 | 363.45 | -0.02 | +0.09 | 16 | 1.50 |
| 2026-12-18 | 84 | 370.00 | 75.62 | 0.10 | 0.45 | 15942.00 | 75.67 | 328.80 | -0.05 | +0.02 | 68 | 0.35 |
| 2026-10-16 | 21 | 250.00 | 18.66 | 0.20 | 0.40 | 3952.00 | 18.76 | 326.04 | -0.09 | +0.04 | 84 | 0.20 |
| 2026-11-20 | 56 | 310.00 | 47.14 | 0.25 | 0.65 | 9957.00 | 47.26 | 308.04 | -0.12 | +0.03 | 3 | 0.40 |
As of September 25, 2026
Sell covered calls with the data behind you
Find the best SAP 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→