Top Canadian Covered Calls – October 2025
For the October 17, 2025 expiry, we screened TSX-listed optionable stocks for high-quality covered call opportunities using Optrader’s Scouter Score, news sentiment, and ROO metrics. Each pick includes one positive and one drawback so you can refine strike selection and risk management.
What the Metrics Mean
- ROO % (Return on Option): Premium yield for this expiry window (not annualized). Balance income vs. assignment risk.
- Scouter Score (1–10): Composite rank blending fundamentals, technicals, liquidity, and stability.
- News Sentiment (−1 to +1): Recent article tone; positive values suggest market tailwinds.
The October 2025 Canadian Top 5
- AGI.TO – Alamos Gold
Price: 104.96 CAD | ROO: 2.68% | Strike: 105.00 | Scouter: 7 | Sentiment: 0.40
Positive: High quality gold exposure; tradable near-ATM deltas.
Negative: Gold-price volatility can swing assignment odds. - TOU.TO – Tourmaline Oil
Price: 60.72 CAD | ROO: 3.27% | Strike: 60.00 | Scouter: 8 | Sentiment: 0.00
Positive: Quality E&P name; solid ROO with strong liquidity.
Negative: Sensitive to natural gas pricing and seasonality. - BAM.TO – Brookfield Asset Management
Price: 82.31 CAD | ROO: 3.29% | Strike: 82.00 | Scouter: 8 | Sentiment: 0.09
Positive: Diversified fee-based asset manager; consistent option chains.
Negative: Rate path and fundraising cycles can impact multiples. - ATRL.TO – AtkinsRéalis Group
Price: 104.96 CAD | ROO: 2.68% | Strike: 105.00 | Scouter: 7 | Sentiment: 0.40
Positive: Engineering backlog supports earnings visibility; tradable deltas.
Negative: Project execution risk can widen spreads. - RY.TO – Royal Bank of Canada
Price: 204.49 CAD | ROO: 2.24% | Strike: 206.00 | Scouter: 6 | Sentiment: 0.70
Positive: Blue-chip bank with deep options liquidity.
Negative: Credit cycle and provision swings may cap upside.
How to Use This Shortlist
- Filter further by delta, open interest, and earnings timing.
- Balance ITM vs. OTM based on risk and income targets.
- See our guide: How to Use the Scouter Score.
FAQ
How were these October 2025 Canadian covered call picks selected?
We screened TSX-listed optionable stocks and ranked by ROO %, Scouter Score, options liquidity, recent sentiment, and strike suitability for the Oct 17, 2025 expiry.
What does ROO % mean on this page?
ROO % (Return on Option) is the estimated yield from the covered call premium for this expiry window (not annualized). Use with delta and ITM/OTM selection to balance income vs. assignment risk.
Can I adjust these picks with a free screener?
Yes — use the free Canadian options screener: demo.optrader.ca to filter by delta, open interest, earnings timing, and more.
⚠️ Informational only; not investment advice. Options involve risk.
