Top Canadian Covered Call Screener Results – May 2026 (May 15, 2026 Expiry)

Top Canadian Covered Call Screener Results — May 2026

🆓 Free Edition

Heads-up: This snapshot was generated for the May 15, 2026 expiry (3rd Friday). Prices, ROO %, strikes, OI, delta, and sentiment may be outdated. Refresh anytime in the screener: app.optrader.ca.

Also: earnings-date flags are automated. Please verify earnings dates manually before trading.

Important Legal & Risk Disclosure

This article is provided for informational and educational purposes only. It does not constitute investment advice, trading advice, or a recommendation to buy, sell, or hold any security or derivatives instrument. Past performance, historical “win rates,” seasonality, and back-tested results are not indicative of future performance. Consult a licensed financial professional before trading options.

Screen Results · What to Do Now · FAQ

For the May 15, 2026 expiry, the list below reflects a rule-based screening snapshot generated using predefined filters including ROO %, delta, liquidity, sentiment, and overall score.

What the Metrics Mean

• ROO %: premium yield for the expiry window.
• Delta: proxy for assignment probability.
• OI: open interest (liquidity indicator).
• Scouter Score: composite ranking.
• News Sentiment: recent media tone.

May 2026 Screener Results

1. AEM.TO — Agnico Eagle Mines
   Snapshot: Price 302.05 · ROO 3.98% · Strike 310 · OI 190 · Delta 0.44 · Score 7.0 · Sentiment 0.496
   Historical: Win Rate 56.7% · Avg Return 3.09% · Samples 30
   Why it stands out: Highest ROO in this group, strong positive sentiment, strong Scouter Score, and solid historical average return.
   What could go wrong: Earnings on 2026-04-30 may increase volatility before expiry. Higher volatility around gold stocks can also create larger price swings.
   Earnings / Volatility Risk
2. AQN.TO — Algonquin Power
   Snapshot: Price 8.77 · ROO 3.43% · Strike 8.75 · OI 625 · Delta 0.53 · Score 4.25 · Sentiment 0.352
   Historical: Win Rate 59.1% · Avg Return 1.27% · Samples 22
   Why it stands out: Strong ROO, very good open interest, and positive sentiment. Liquidity is one of the better points in this setup.
   What could go wrong: Delta 0.53 means assignment risk is higher, and earnings on 2026-05-08 may increase volatility before expiry.
   High Delta / Earnings Risk
3. AC.TO — Air Canada
   Snapshot: Price 19.00 · ROO 3.33% · Strike 19.5 · OI 171 · Delta 0.42 · Score 5.75 · Sentiment 0.0385
   Historical: Win Rate 56.2% · Avg Return 2.25% · Samples 16
   Why it stands out: Balanced premium, moderate delta, and acceptable liquidity with a stable overall profile for this expiry window.
   What could go wrong: Earnings on 2026-04-30 may increase volatility, and airline stocks can be sensitive to fuel costs, travel demand, and broader economic news.
   Earnings / Sector Risk
4. FNV.TO — Franco-Nevada
   Snapshot: Price 360.08 · ROO 3.30% · Strike 370 · OI 86 · Delta 0.41 · Score 6.5 · Sentiment 0.0678
   Historical: Win Rate 72.2% · Avg Return 3.21% · Samples 18
   Why it stands out: Best historical win rate in the filtered list, strong average return to this expiry window, and consistent performance profile.
   What could go wrong: Open interest is lower than ideal, and earnings on 2026-05-07 may increase volatility before expiry.
   Lower Liquidity / Earnings Risk
5. AAPL.TO — Apple CDR
   Snapshot: Price 38.32 · ROO 3.12% · Strike 38.5 · OI 50 · Delta 0.49 · Score 7.25 · Sentiment 0.5278
   Why it stands out: Strong Scouter Score, very strong sentiment, and attractive ROO for a large-cap CDR setup.
   What could go wrong: Delta 0.49 gives meaningful assignment risk, and open interest is relatively low which may reduce liquidity.
   Liquidity / Assignment Risk

Unlock the Full Screener

Want to create your own updated PDF reports for both U.S. and Canadian covered-call options?

Get access to the Optrader Pro Screener for only $25 CAD/month.

👉 See everything included in the Pro version:
https://www.optrader.ca/features

✅ $25 CAD — 1 Month Pro Access

What to Do Now

1. Open the screener and select the May expiry.
2. Filter for ROO 2–4%, delta 0.25–0.55, OI ≥ 100.
3. Review sentiment and earnings risk.

FAQ

Are these recommendations?
No — educational screening results only.

⚠️ Informational and educational only; not investment advice. Options involve risk. This is a point-in-time snapshot; metrics and results may be outdated. Always refresh data in the app before acting, and verify earnings dates.

🔍 Try the Free Options Screener

© 2026 Optrader.ca – Built for Options Traders
Data sourced from public market feeds and internal screening analytics.