thetaOwl

LEAPS Screener

Find the best LEAPS call options for stock replacement strategies

Data as of market close Jul 2, 2026

LEAPS strategy:Buy deep ITM calls (delta > 0.75) with 6-24 months to expiration as a stock replacement strategy. Lower capital requirement than owning shares outright, with similar upside participation. Look for low IV percentile to minimize time value paid.
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Results: 100
Avg Delta: 0.87
Avg Capital Savings: 78.1%
Avg DTE: 198
Avg IV %ile: 23
As of: Jul 2, 2026
SymbolPriceStrikeExpDTEAskDeltaCapital SavingsExtrinsicIV %ileTheta/DayLeverageOI
Wolfspeed, Inc.
$40.00$1.00Jan 15 '27195$0.501.00
98.8%
$-38.50
11.6
$-0.0080.0x4,309
iShares iBoxx High Yield Corporate Bond ETF
$79.71$78.00Jan 15 '27195$2.400.85
97.0%
$0.69
1.6
$-0.0133.2x142
Wheels Up Experience Inc.
$8.88$0.50Jan 15 '27195$0.301.00
96.6%
$-8.08
46.9
$-0.0029.6x1,586
Nuvalent, Inc.
$123.73$120.00Jan 15 '27195$4.500.89
96.4%
$0.77
10.1
$-0.0127.5x568
Taylor Morrison Home Corporatio
$71.86$70.00Jan 15 '27195$2.700.82
96.2%
$0.84
11.6
$-0.0126.6x282
DuPont de Nemours, Inc.
$139.91$47.50Jan 15 '27195$6.701.00
95.2%
$-85.71
8.7
$-0.0120.9x151
ChargePoint Holdings, Inc.
$5.96$0.50Jan 15 '27195$0.351.00
94.1%
$-5.11
33.3
$-0.0017.0x7,969
iShares iBoxx Investment Grade Corporate Bond ETF
$108.64$103.00Jan 15 '27195$7.650.79
93.0%
$2.01
16.4
$-0.0214.2x144
ARMOUR Residential REIT, Inc.
$17.13$16.00Jan 15 '27195$1.300.87
92.4%
$0.17
20.3
$-0.0013.2x576
VICI Properties Inc.
$27.19$25.00Jan 15 '27195$3.100.76
88.6%
$0.91
1.4
$-0.018.8x314
STARWOOD PROPERTY TRUST, INC. S
$16.48$15.00Jan 15 '27195$2.050.77
87.6%
$0.57
5.8
$-0.008.0x246
iShares 20+ Year Treasury Bond ETF
$85.51$75.00Feb 19 '27230$11.050.93
87.1%
$0.54
4.9
$-0.017.7x118
StoneCastle Financial Corp
$19.72$17.50Jan 15 '27195$2.650.83
86.6%
$0.43
1.5
$-0.007.4x226
PPG Industries, Inc.
$125.33$95.00Jan 15 '27195$17.501.00
86.0%
$-12.83
37.7
$-0.017.2x219
FirstEnergy Corp.
$48.53$42.00Jan 15 '27195$6.900.92
85.8%
$0.37
42
$-0.017.0x278
Norfolk Southern Corporation
$322.71$290.00Jan 15 '27195$46.400.76
85.6%
$13.69
10.1
$-0.087.0x166
General Mills, Inc.
$37.57$32.50Jan 15 '27195$6.200.81
83.5%
$1.13
13
$-0.016.1x170
Trinity Capital Inc.
$17.79$15.00Jan 15 '27195$3.100.87
82.6%
$0.31
44.9
$-0.005.7x207
AstraZeneca PLC
$195.15$60.00Jan 15 '27195$35.551.00
81.8%
$-99.60
23.2
$-0.015.5x136
Bank Of Montreal
$174.13$125.00Jan 15 '27195$32.001.00
81.6%
$-17.13
20.3
$-0.015.4x184
Realty Income Corporation
$63.84$52.50Jan 15 '27195$11.800.93
81.5%
$0.46
11.6
$-0.015.4x585
Diageo plc
$82.16$70.00Jan 15 '27195$15.400.80
81.3%
$3.24
47.8
$-0.025.3x202
Diamondback Energy, Inc.
$172.04$150.00Jan 15 '27195$32.400.75
81.2%
$10.36
4.3
$-0.055.3x163
Pfizer, Inc.
$24.32$20.00Jan 15 '27195$4.600.90
81.1%
$0.28
4.3
$-0.005.3x5,433
Alcon Inc.
$69.66$60.00Jan 15 '27195$13.300.77
80.9%
$3.64
26.1
$-0.025.2x158
Enterprise Products Partners L.
$36.75$30.00Jan 15 '27195$7.050.93
80.8%
$0.30
20.3
$-0.015.2x1,311
Sysco Corporation
$84.83$70.00Jan 15 '27195$17.000.85
80.0%
$2.17
42
$-0.025.0x150
Lamar Advertising Company
$157.56$130.00Jan 15 '27195$31.800.84
79.8%
$4.24
46.4
$-0.045.0x116
ICICI Bank Limited
$29.49$25.00Jan 15 '27195$6.000.78
79.7%
$1.51
11.6
$-0.014.9x148
Bicara Therapeutics Inc.
$29.00$20.00Jan 15 '27195$6.001.00
79.3%
$-3.00
34.8
$-0.004.8x100
Rayonier Inc. REIT
$21.49$17.50Jan 15 '27195$4.500.86
79.1%
$0.51
10.1
$-0.004.8x444
Ross Stores, Inc.
$213.43$180.00Jan 15 '27195$44.900.78
79.0%
$11.47
10.1
$-0.064.8x334
Trane Technologies plc
$478.13$400.00Jan 15 '27195$100.800.79
78.9%
$22.67
46.4
$-0.144.7x111
PPL Corporation
$36.89$30.00Jan 15 '27195$7.800.86
78.9%
$0.91
0
$-0.014.7x255
The Hershey Company
$182.14$150.00Jan 15 '27195$38.700.82
78.8%
$6.56
10.1
$-0.054.7x155
Clorox Company (The)
$97.26$80.00Jan 15 '27195$21.000.82
78.4%
$3.74
33.3
$-0.034.6x202
Annaly Capital Management Inc.
$22.56$18.00Jan 15 '27195$4.950.89
78.1%
$0.39
7.2
$-0.004.6x118
Prudential Financial, Inc.
$112.95$90.00Jan 15 '27195$24.800.89
78.0%
$1.85
15.9
$-0.024.5x148
Johnson Controls International
$140.76$97.50Jan 15 '27195$31.001.00
78.0%
$-12.26
7.2
$-0.014.5x124
MPLX LP
$57.16$45.00Jan 15 '27195$12.600.93
78.0%
$0.44
1.4
$-0.014.5x115
Dick's Sporting Goods Inc
$236.18$200.00Jan 15 '27195$52.300.76
77.9%
$16.12
42
$-0.084.5x210
Agilent Technologies, Inc.
$130.69$110.00Jan 15 '27195$29.000.77
77.8%
$8.31
29
$-0.044.5x931
PNC Financial Services Group, I
$249.49$160.00Jan 15 '27195$55.501.00
77.8%
$-33.99
10.1
$-0.024.5x215
Copart, Inc.
$30.01$25.00Jan 15 '27195$6.700.78
77.7%
$1.69
13
$-0.014.5x274
Hormel Foods Corporation
$25.00$20.00Jan 15 '27195$5.600.86
77.6%
$0.60
44.9
$-0.014.5x678
Enbridge Inc
$54.08$42.50Jan 15 '27195$12.300.91
77.3%
$0.72
43.5
$-0.014.4x141
Marathon Petroleum Corporation
$266.35$120.00Jan 15 '27195$61.001.00
77.1%
$-85.35
26.1
$-0.014.4x369
Industrial Select Sector SPDR
$183.91$129.00Jan 15 '27195$43.001.00
76.6%
$-11.91
16.4
$-0.014.3x100
Mondelez International, Inc.
$60.91$50.00Jan 15 '27195$14.300.79
76.5%
$3.39
27.5
$-0.024.3x438
Consumer Discretionary Select Sector SPDR
$117.12$95.00Jan 15 '27195$27.500.81
76.5%
$5.38
16.4
$-0.034.3x115
Fastenal Company
$48.60$40.00Jan 15 '27195$11.500.78
76.3%
$2.90
23.2
$-0.024.2x118
Real Estate Select Sector SPDR
$44.68$35.00Jan 15 '27195$10.600.88
76.3%
$0.92
21.3
$-0.014.2x549
McKesson Corporation
$786.30$630.00Jan 15 '27195$187.200.83
76.2%
$30.90
14.5
$-0.214.2x396
Waste Management, Inc.
$230.40$180.00Jan 15 '27195$55.100.88
76.1%
$4.70
17.4
$-0.054.2x230
Exelon Corporation
$47.88$38.00Jan 15 '27195$11.500.84
76.0%
$1.62
31.9
$-0.014.2x130
Western Midstream Partners, LP
$43.67$35.00Jan 15 '27195$10.500.82
76.0%
$1.83
2.9
$-0.014.2x1,118
Acadia Healthcare Company, Inc.
$31.91$22.50Jan 15 '27195$7.701.00
75.9%
$-1.71
35.3
$-0.004.1x462
Unilever PLC
$62.48$42.50Jun 17 '27348$15.201.00
75.7%
$-4.78
10.1
$-0.004.1x106
Northern Oil and Gas, Inc.
$17.95$15.00Jan 15 '27195$4.400.76
75.5%
$1.45
44.9
$-0.014.1x132
KB Home
$61.16$50.00Jan 15 '27195$15.000.78
75.5%
$3.84
15.9
$-0.024.1x240
British American Tobacco Indus
$61.77$47.00Jan 15 '27195$15.200.94
75.4%
$0.43
27.5
$-0.014.1x354
Ecolab Inc.
$283.36$220.00Jan 15 '27195$70.600.87
75.1%
$7.24
27.5
$-0.064.0x216
TJX Companies, Inc. (The)
$154.26$120.00Jan 15 '27195$38.500.86
75.0%
$4.24
27.5
$-0.044.0x312
Altria Group, Inc.
$72.71$55.00Jan 15 '27195$18.600.92
74.4%
$0.89
26.1
$-0.013.9x236
Sprouts Farmers Market, Inc.
$89.94$75.00Jan 15 '27195$23.200.76
74.2%
$8.26
47.8
$-0.033.9x148
Lincoln National Corporation
$37.00$27.50Jan 15 '27195$9.600.97
74.0%
$0.10
31.9
$-0.003.9x139
Kenvue Inc.
$19.83$15.00Jan 15 '27195$5.150.90
74.0%
$0.32
44.9
$-0.003.9x1,798
First Horizon Corporation
$25.68$20.00Jan 15 '27195$6.800.83
73.5%
$1.12
40.6
$-0.013.8x183
StandardAero, Inc.
$30.11$25.00Jan 15 '27195$8.000.77
73.4%
$2.89
26.1
$-0.013.8x129
The Campbell's Company
$23.32$18.00Jan 15 '27195$6.200.84
73.4%
$0.88
11.6
$-0.013.8x118
EOG Resources, Inc.
$130.78$100.00Jan 15 '27195$34.800.86
73.4%
$4.02
23.2
$-0.033.8x128
Tyson Foods, Inc.
$58.89$45.00Jan 15 '27195$15.800.86
73.2%
$1.91
43.5
$-0.023.7x128
MetLife, Inc.
$90.06$67.50Jan 15 '27195$24.200.90
73.1%
$1.64
37.7
$-0.023.7x103
ABM Industries Incorporated
$44.27$35.00Jan 15 '27195$11.900.80
73.1%
$2.63
2.9
$-0.023.7x110
Frontline Plc
$36.75$30.00Jan 15 '27195$9.900.77
73.1%
$3.15
18.8
$-0.013.7x824
Genworth Financial Inc
$9.61$7.00Jan 15 '27195$2.601.00
72.9%
$-0.01
7.2
$-0.003.7x245
Chevron Corporation
$169.20$125.00Jan 15 '27195$46.200.92
72.7%
$2.00
15.9
$-0.033.7x120
Archrock, Inc.
$36.79$30.00Feb 19 '27230$10.100.77
72.5%
$3.31
33.3
$-0.013.6x162
HCA Healthcare, Inc.
$410.50$310.00Jan 15 '27195$113.100.86
72.5%
$12.60
44.9
$-0.103.6x1,318
UBS Group AG Registered
$51.04$25.00Jan 15 '27195$14.101.00
72.4%
$-11.94
40.6
$-0.003.6x249
Incyte Corporation
$116.86$90.00Jan 15 '27195$32.300.83
72.4%
$5.44
44.9
$-0.043.6x106
Somnigroup International Inc.
$78.43$65.00Feb 19 '27230$21.800.76
72.2%
$8.37
29
$-0.033.6x156
International Paper Company
$38.79$30.00Jan 15 '27195$10.800.82
72.2%
$2.01
18.8
$-0.013.6x164
CF Industries Holdings, Inc.
$110.54$85.00Jan 15 '27195$30.900.83
72.0%
$5.36
8.7
$-0.033.6x169
AGNC Investment Corp.
$11.00$8.00Jan 15 '27195$3.100.94
71.8%
$0.10
41.2
$-0.003.5x250
Criteo S.A.
$19.08$15.00Jan 15 '27195$5.400.80
71.7%
$1.32
46.4
$-0.013.5x126
Gap, Inc. (The)
$19.25$15.00Jan 15 '27195$5.450.81
71.7%
$1.20
18.8
$-0.013.5x402
McCormick & Company, Incorporat
$53.45$40.00Jan 15 '27195$15.200.86
71.6%
$1.75
24.6
$-0.013.5x208
Murphy Oil Corporation
$31.88$25.00Jan 15 '27195$9.100.80
71.5%
$2.22
26.1
$-0.013.5x182
TotalEnergies SE
$76.69$45.00Jan 15 '27195$22.001.00
71.3%
$-9.69
4.3
$-0.013.5x377
LyondellBasell Industries NV
$53.36$40.00Jan 15 '27195$15.500.85
71.0%
$2.14
10.1
$-0.023.4x161
American Electric Power Company
$138.51$90.00Jan 15 '27195$40.501.00
70.8%
$-8.01
8.8
$-0.013.4x100
ZIM Integrated Shipping Service
$25.57$17.00Jan 15 '27195$7.501.00
70.7%
$-1.07
27.5
$-0.003.4x124
Cheniere Energy, Inc.
$245.97$180.00Jan 15 '27195$72.300.88
70.6%
$6.33
7.2
$-0.063.4x128
Apollo Global Management, Inc.
$118.61$90.00Jan 15 '27195$34.900.83
70.6%
$6.29
20.3
$-0.043.4x127
Materials Select Sector SPDR
$52.01$40.00Jan 15 '27195$15.300.81
70.6%
$3.29
21.3
$-0.023.4x200
Capital One Financial Corporati
$205.12$150.00Jan 15 '27195$61.100.87
70.2%
$5.98
26.1
$-0.053.4x132
SPDR Dow Jones Industrial Average ETF
$527.88$380.00Jan 15 '27195$157.500.91
70.2%
$9.62
1.6
$-0.113.4x133
Prologis, Inc.
$139.43$100.00Jan 15 '27195$41.900.91
70.0%
$2.47
4.3
$-0.033.3x2,077
Dominion Energy, Inc.
$69.75$50.00Jan 15 '27195$21.000.91
69.9%
$1.25
49.3
$-0.013.3x637
How to Use LEAPS
Use LEAPS to find long-dated calls that can act like stock replacement with less upfront capital.
What it surfaces

LEAPS results surface long-dated calls that can approximate stock exposure with less upfront capital and more defined downside than shares.

How traders review it

Check delta, extrinsic value, breakeven, and open interest together, then decide whether the contract is a better use of capital than simply owning shares.

What can mislead you

Deep-dated exposure still suffers from bad entries, weak liquidity, and overpaying extrinsic value if IV is richer than it looks.

These screens are best used to build a shortlist, then validate the contract and the underlying before acting.