Best covered call screener apps
A covered call screener is only as good as what it throws away. Most rank by yield, which reliably puts the worst chains at the top. Five tools worth looking at, what each one filters on, what it costs, and where each of them falls down.
One filter matters more than the rest and almost no screener leads with it: can you actually get filled near the mid. A 0.18 delta call showing 31 percent annualized on a chain with 40 contracts of open interest and a $0.35 wide market is not a 31 percent trade. It is whatever you net after crossing that spread, which might be half.
Read every tool below against that.
1. OptionsKing
Free. Browser today, iPhone and Android in progress.
Scores every candidate strike 0 to 100 and refuses to surface anything below 60, at any setting, with 75 the recommended bar. Liquidity and the event calendar in the expiry window feed the score rather than sitting in an optional filter you forget to tick. When nothing on your watchlist clears, it shows an empty screen and says so.
Where it falls down: 60 tickers on the public data pages, no spreads, no backtesting, and no store listing yet. On the first public snapshot, in a low-volatility tape, nothing at all cleared 75 across all 60 names. A screener that shows you nothing is a hard sell, and it is also the point.
Per-ticker covered call data is public and dated. How it works covers the gate.
2. Barchart Premier
Premier is $29.95 a month billed monthly, $199.95 for a year, or $368.00 for two years. The annual and two-year plans carry a 30-day money-back guarantee.
The widest coverage on this list by a distance, with covered call screening across thousands of names and a data business underneath it that has been running for decades. If you want to screen the whole market rather than a watchlist, this is the one.
Where it falls down: it ranks, it does not withhold. You get a table sorted how you asked, and the judgment about whether the top row is a trap stays with you.
3. Market Chameleon
Paid subscription, several named plans, limited free account.
Earnings analytics. The historical earnings-move data, the implied-versus-realized studies and the volatility screens go deeper than anything OptionsKing has or plans to build. For covered calls specifically, the value is in checking what a name has historically done through an earnings window before you write a call across one.
Where it falls down: the depth is the difficulty. There is a real learning curve, and if you want to be told which two strikes to look at, this is not that product.
4. Option Alpha
Pro runs $149 a month, or $99 a month if you pay for the year up front. Two broker promotions drop that to $0 a month if you keep a qualifying balance: $5,000 at Tradier, $10,000 at TradeStation.
Screening is almost beside the point here. The reason to pay is automation: bots that enter and exit against your rules through TradeStation, Charles Schwab, Tradier and tastytrade, plus a serious backtester.
Where it falls down: it is a lot of platform if you write four calls a month by hand, and it needs a broker connection to do the thing it is good at.
5. OptionStrat
There is a free tier on delayed data. Live Tools is $39.99 a month and Live Flow is $99.99 a month, both with a 7-day trial.
The best payoff visualization of anything listed here. Draw the position, see the shape, save the trade and track it.
Where it falls down: it is built around a directional view, and covered call screening is not what it is for.
Pricing and features for Option Alpha, Market Chameleon, Barchart and OptionStrat were read off their own site on August 4, 2026. Prices move, and plans get renamed. Check the current number with them before you spend anything on the strength of this page.
How to judge any of them
- Does it show you the spread and the open interest at the strike? If those are not on the results row, the yield number on that row is incomplete.
- Does it know about earnings in the window? A call written across an earnings print is a different trade and a screener that ignores the date is hiding the biggest variable.
- Can it return nothing? A screener that always fills the page is telling you about its result count, not about the market.
- Does it tell you what happened afterwards? Almost none of them do. Whether the trade worked is the only question that pays.
Questions people actually ask
What should a covered call screener actually filter on?
Liquidity before yield, every time. Open interest and spread at the strike decide what you get filled at, and a 40 percent annualized yield you cannot get filled on is worth nothing. Then the expiry window: an earnings date inside it changes the trade completely.
Why do the highest-yield results look so good?
Because yield ranks best where risk is worst. Sort any chain by premium and the top of the list is thin chains, wide spreads and names that just gapped down. That is not a bug in the screener, it is what sorting by yield does.
Is there a free covered call screener?
Yes. Barchart has a free tier, OptionStrat has a free tier on delayed data, and OptionsKing is free. See the free options screeners page.
Related calculators
Prices and features were read from each company's own site on August 4, 2026: Option Alpha, Market Chameleon, Barchart, OptionStrat. This page ranks OptionsKing first and OptionsKing publishes it, which you should weigh accordingly. Nothing here is investment advice. See the disclaimer.