Top Canadian Covered Calls – October 2025
10 Best Canadian Covered Calls — October 2025 (Expires Fri, Oct 17)
For the October 17, 2025 expiry (the 3rd Friday of October), we screened TSX-listed optionable stocks for high-quality covered call setups using ROO %, Scouter Score, news sentiment, and liquidity filters. Each pick includes a quick positive plus a clear key risk to help you tune strikes and sizing.
What the Metrics Mean
- ROO % (Return on Option): premium yield for this expiry window (not annualized).
- 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.
Metrics are informational and may be delayed. Always confirm price/strike availability with your broker.
October 2025 Canadian Top Picks (Snapshot)
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#1AGI.TO – Alamos Gold
Snapshot: Price 104.96 CAD · ROO 2.68% · Strike 105.00 · Scouter 7 · Sentiment 0.40
Positive: High-quality gold exposure; tradable near-ATM setups.
Key Risk: Gold-price volatility can swing assignment odds quickly. -
#2TOU.TO – Tourmaline Oil
Snapshot: Price 60.72 CAD · ROO 3.27% · Strike 60.00 · Scouter 8 · Sentiment 0.00
Positive: Quality E&P name; strong ROO for a monthly window.
Key Risk: Natural-gas pricing and weather-driven volatility can move the stock fast. -
#3BAM.TO – Brookfield Asset Management
Snapshot: Price 82.31 CAD · ROO 3.29% · Strike 82.00 · Scouter 8 · Sentiment 0.09
Positive: Diversified fee-based business; usually reliable option-chain depth.
Key Risk: Rate path and fundraising cycles can change multiples quickly. -
#4ATRL.TO – AtkinsRéalis Group
Snapshot: Price 104.96 CAD · ROO 2.68% · Strike 105.00 · Scouter 7 · Sentiment 0.40
Positive: Backlog supports visibility; tradable strikes for systematic calls.
Key Risk: Project execution risk can trigger sharp moves and widen spreads. -
#5RY.TO – Royal Bank of Canada
Snapshot: Price 204.49 CAD · ROO 2.24% · Strike 206.00 · Scouter 6 · Sentiment 0.70
Positive: Blue-chip with deep liquidity; easier to roll/manage.
Key Risk: Credit-cycle headlines and provisions can cap upside in a short window.
Note
Your original title says “Top 10,” but this page currently shows 5 picks. If you want the full Top 10 layout here, paste the remaining 5 tickers (or tell me the symbols) and I’ll format them to match perfectly.
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.
What to Do Now
- Open the free Canadian screener: demo.optrader.ca.
- Set Option Type = Calls and Expiry = Fri, Oct 17, 2025.
- Start with filters like: ROO 2–4%, OI ≥ 100, and exclude earnings within 30 days.
- Sort by Scouter Score, then cross-check sentiment and your sector exposure.
Reminder: This article’s numbers are a snapshot. Always refresh the list in the screener before acting.
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.