{"slug":"covered-calls-on-ko","qid":"ko_premium_by_month","label":"KO 30 delta monthly call premium, month by month","post_title":"Covered Calls on KO: Premium vs Dividend","post_url":"/blog/covered-calls-on-ko#q-ko_premium_by_month","columns":["month","month_pretty","premium_pct_of_spot","premium_per_contract_usd"],"rows":[{"month":"2025-10-01","month_pretty":"Oct 2025","premium_pct_of_spot":0.99,"premium_per_contract_usd":67},{"month":"2025-11-01","month_pretty":"Nov 2025","premium_pct_of_spot":0.83,"premium_per_contract_usd":58.64},{"month":"2025-12-01","month_pretty":"Dec 2025","premium_pct_of_spot":0.75,"premium_per_contract_usd":53.1},{"month":"2026-01-01","month_pretty":"Jan 2026","premium_pct_of_spot":0.95,"premium_per_contract_usd":67.56},{"month":"2026-02-01","month_pretty":"Feb 2026","premium_pct_of_spot":1.06,"premium_per_contract_usd":83.17},{"month":"2026-03-01","month_pretty":"Mar 2026","premium_pct_of_spot":1.1,"premium_per_contract_usd":84.75},{"month":"2026-04-01","month_pretty":"Apr 2026","premium_pct_of_spot":1.17,"premium_per_contract_usd":89.63},{"month":"2026-05-01","month_pretty":"May 2026","premium_pct_of_spot":0.91,"premium_per_contract_usd":73.19},{"month":"2026-06-01","month_pretty":"Jun 2026","premium_pct_of_spot":1.04,"premium_per_contract_usd":83.84},{"month":"2026-07-01","month_pretty":"Jul 2026","premium_pct_of_spot":1.19,"premium_per_contract_usd":99.99},{"month":"2026-08-01","month_pretty":"Aug 2026","premium_pct_of_spot":0.96,"premium_per_contract_usd":84.65},{"month":"2026-09-01","month_pretty":"Sep 2026","premium_pct_of_spot":1.02,"premium_per_contract_usd":89.93}],"shape":"series","sql":"SELECT\n    toString(toStartOfMonth(date))                                             AS month,\n    formatDateTime(toStartOfMonth(date), '%b %Y')                              AS month_pretty,\n    round(100 * avg(toFloat64(option_close) / toFloat64(underlying_close)), 2) AS premium_pct_of_spot,\n    round(100 * avg(toFloat64(option_close)), 2)                               AS premium_per_contract_usd\nFROM global_markets.options_greeks\nWHERE underlying_symbol = 'KO'\n  AND upper(toString(option_type)) IN ('C', 'CALL')\n  AND iv_converged = 1\n  AND volume > 0\n  AND days_to_expiry BETWEEN 25 AND 40\n  AND toFloat64(delta) BETWEEN 0.25 AND 0.35\n  AND date >= '2025-10-01'\n  AND date <  '2026-10-01'\nGROUP BY month, month_pretty\nORDER BY month","computed_at":"2026-10-09T15:38:30.488464+00:00","elapsed":0.00300002}