ProShares UltraPro Short 20+ Year Treasury -3x Shares (TTT) Covered Calls

Running TTT covered calls helps you generate consistent income from ProShares UltraPro Short 20+ Year Treasury -3x Shares's shares you already own, turning a long stock position into a yield-producing asset. A covered call on ProShares UltraPro Short 20+ Year Treasury -3x Shares 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 TTT 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 TTT 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 TTT 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 ProShares UltraPro Short 20+ Year Treasury -3x Shares covered call is worth writing.

ProShares UltraPro Short 20+ Year Treasury seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index.

Income-focused investors, long-term TTT 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 TTT covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best ProShares UltraPro Short 20+ Year Treasury -3x Shares covered calls come to you, already filtered for the metrics that matter.