thetaOwl

LEAPS Screener

Find the best LEAPS call options for stock replacement strategies

Data as of market close May 20, 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: 0.85
Avg Capital Savings: 80.2%
Avg DTE: 226
Avg IV %ile: 15
As of: May 20, 2026
SymbolPriceStrikeExpDTEAskDeltaCapital SavingsExtrinsicIV %ileTheta/DayLeverageOI
agilon health, inc.
$80.94$4.50Jan 15 '27239$0.101.00
99.9%
$-76.34
13.3
$-0.00809.4x1,126
Wolfspeed, Inc.
$58.62$1.00Jan 15 '27239$0.501.00
99.2%
$-57.12
2.5
$-0.00117.2x4,309
Wheels Up Experience Inc.
$6.55$0.50Jan 15 '27239$0.301.00
95.4%
$-5.75
2.9
$-0.0021.8x1,586
ChargePoint Holdings, Inc.
$6.23$0.50Jan 15 '27239$0.351.00
94.4%
$-5.38
40
$-0.0017.8x7,969
Catalyst Pharmaceuticals, Inc.
$31.25$30.00Dec 18 '26211$1.900.77
93.9%
$0.65
2.5
$-0.0016.4x256
iShares iBoxx Investment Grade Corporate Bond ETF
$107.95$102.00Jan 15 '27239$8.450.78
92.2%
$2.50
15.6
$-0.0212.8x139
KalVista Pharmaceuticals, Inc.
$26.81$25.00Dec 18 '26211$2.200.84
91.8%
$0.39
0
$-0.0012.2x172
Northern Trust Corporation
$165.96$145.00Dec 18 '26211$14.601.00
91.2%
$-6.36
25
$-0.0211.4x735
Clearwater Analytics Holdings,
$24.40$22.50Jan 15 '27239$2.150.88
91.2%
$0.25
2.5
$-0.0011.3x102
Ellington Financial Inc.
$13.50$12.50Dec 18 '26211$1.350.78
90.0%
$0.35
5
$-0.0010.0x681
LivePerson, Inc.
$2.07$0.50Jan 15 '27239$0.251.00
87.9%
$-1.32
6.7
$-0.008.3x8,685
Clear Secure, Inc.
$62.01$25.00Jan 15 '27239$7.801.00
87.4%
$-29.21
2.5
$-0.008.0x453
ARMOUR Residential REIT, Inc.
$16.47$15.00Jan 15 '27239$2.150.76
87.0%
$0.68
27.5
$-0.007.7x100
Seres Therapeutics, Inc.
$7.66$1.00Jan 15 '27239$1.051.00
86.3%
$-5.61
9.4
$-0.007.3x103
Brookfield Infrastructure Partn
$39.19$35.00Dec 18 '26211$5.600.78
85.7%
$1.41
20
$-0.017.0x128
STARWOOD PROPERTY TRUST, INC. S
$17.14$15.00Jan 15 '27239$2.450.86
85.7%
$0.31
5
$-0.007.0x444
Blue Owl Capital Corporation
$11.12$10.00Nov 20 '26183$1.600.75
85.6%
$0.48
0
$-0.007.0x1,198
Northwest Bancshares, Inc.
$13.89$12.50Nov 20 '26183$2.000.75
85.6%
$0.61
0
$-0.007.0x1,548
Simon Property Group, Inc.
$204.10$180.00Jan 15 '27239$30.700.80
85.0%
$6.60
40
$-0.046.7x320
Exelon Corporation
$44.87$40.00Jan 15 '27239$7.000.76
84.4%
$2.13
2.5
$-0.016.4x168
Mach Natural Resources LP
$14.75$12.50Nov 20 '26183$2.500.87
83.0%
$0.25
2.5
$-0.005.9x152
Garmin Ltd.
$237.47$200.00Dec 18 '26211$40.900.88
82.8%
$3.43
0
$-0.045.8x102
Rayonier Inc. REIT
$20.23$17.50Jan 15 '27239$3.500.80
82.7%
$0.77
0
$-0.005.8x444
Brookfield Renewable Partners L
$34.75$30.00Nov 20 '26183$6.200.78
82.2%
$1.45
2.5
$-0.015.6x577
EPR Properties
$58.39$50.00Dec 18 '26211$10.600.80
81.8%
$2.21
35
$-0.015.5x184
CME Group Inc.
$290.12$250.00Jan 15 '27239$53.000.79
81.7%
$12.88
27.5
$-0.075.5x238
Sunoco LP
$71.98$60.00Dec 18 '26211$13.300.87
81.5%
$1.32
17.5
$-0.015.4x135
PPL Corporation
$35.44$30.00Jan 15 '27239$6.600.82
81.4%
$1.16
5
$-0.015.4x254
Procter & Gamble Company (The)
$142.44$120.00Dec 18 '26211$26.800.83
81.2%
$4.36
20
$-0.035.3x116
Logitech International S.A. - R
$103.78$90.00Nov 20 '26183$19.600.76
81.1%
$5.82
0
$-0.035.3x174
AstraZeneca PLC
$187.46$60.00Jan 15 '27239$35.551.00
81.0%
$-91.91
42.5
$-0.015.3x136
Annaly Capital Management Inc.
$21.56$18.00Jan 15 '27239$4.100.85
81.0%
$0.54
15
$-0.005.3x224
AFLAC Incorporated
$117.22$100.00Jan 15 '27239$22.300.80
81.0%
$5.08
5
$-0.035.3x193
Bank Nova Scotia Halifax Pfd 3
$78.95$65.00Nov 20 '26183$15.200.88
80.8%
$1.25
15
$-0.015.2x129
Equity Residential
$66.28$55.00Dec 18 '26211$13.100.84
80.2%
$1.82
37.5
$-0.015.1x109
Digital Realty Trust, Inc.
$190.65$160.00Jan 15 '27239$38.200.81
80.0%
$7.55
2.5
$-0.045.0x114
FLEX LNG Ltd.
$32.73$28.00Nov 20 '26183$6.600.77
79.8%
$1.87
2.5
$-0.015.0x188
Kimco Realty Corporation (HC)
$23.81$20.00Dec 18 '26211$4.800.80
79.8%
$0.99
7.5
$-0.015.0x373
Realty Income Corporation
$62.24$50.00Jan 15 '27239$12.600.95
79.8%
$0.36
2.5
$-0.014.9x465
Clorox Company (The)
$94.26$80.00Jan 15 '27239$19.100.78
79.7%
$4.84
20
$-0.024.9x201
Bank Of Montreal
$157.81$125.00Jan 15 '27239$32.001.00
79.7%
$-0.81
32.5
$-0.014.9x184
Royal Bank Of Canada
$187.22$145.00Jan 15 '27239$38.401.00
79.5%
$-3.82
42.5
$-0.024.9x130
Citizens Financial Group, Inc.
$62.83$47.50Jan 15 '27239$13.001.00
79.3%
$-2.33
25
$-0.014.8x227
Kimberly-Clark Corporation
$97.55$80.00Jan 15 '27239$20.200.85
79.3%
$2.65
20
$-0.024.8x155
Clear Channel Outdoor Holdings,
$2.40$2.00Dec 18 '26211$0.500.81
79.2%
$0.10
0
$-0.004.8x263
Texas Roadhouse, Inc.
$178.34$150.00Dec 18 '26211$37.200.79
79.1%
$8.86
2.5
$-0.054.8x1,846
Jackson Financial Inc.
$110.90$95.00Dec 18 '26211$23.300.76
79.0%
$7.40
12.5
$-0.034.8x125
Blackstone Inc.
$116.83$100.00Dec 18 '26211$24.700.76
78.9%
$7.87
0
$-0.044.7x251
Rexford Industrial Realty, Inc.
$36.03$30.00Dec 18 '26211$7.700.80
78.6%
$1.67
32.5
$-0.014.7x158
American International Group, I
$78.03$65.00Jan 15 '27239$16.700.80
78.6%
$3.67
2.5
$-0.024.7x115
BCE, Inc.
$24.17$20.00Jan 15 '27239$5.200.81
78.5%
$1.03
0
$-0.014.7x507
TC Energy Corporation
$70.09$52.50Nov 20 '26183$15.201.00
78.3%
$-2.39
12.5
$-0.014.6x177
McCormick & Company, Incorporat
$46.70$40.00Jan 15 '27239$10.200.75
78.2%
$3.50
35
$-0.014.6x198
Brookfield Asset Management Inc
$48.06$40.00Jan 15 '27239$10.500.80
78.2%
$2.44
25
$-0.014.6x304
First Horizon Corporation
$24.23$20.00Jan 15 '27239$5.300.81
78.1%
$1.07
0
$-0.014.6x183
McKesson Corporation
$754.68$630.00Jan 15 '27239$166.000.79
78.0%
$41.32
2.5
$-0.204.5x396
MPLX LP
$55.44$45.00Jan 15 '27239$12.200.84
78.0%
$1.76
5
$-0.014.5x115
Western Union Company (The)
$8.58$7.00Jan 15 '27239$1.900.83
77.9%
$0.32
5
$-0.004.5x437
Bunge Limited
$119.95$100.00Jan 15 '27239$26.600.79
77.8%
$6.65
17.5
$-0.034.5x444
Brookfield Renewable Corporatio
$36.94$30.00Nov 20 '26183$8.200.83
77.8%
$1.26
25
$-0.014.5x146
Ares Capital Corporation
$18.70$15.00Jan 15 '27239$4.200.86
77.5%
$0.50
20
$-0.004.5x121
D.R. Horton, Inc.
$141.76$120.00Jan 15 '27239$31.900.76
77.5%
$10.14
42.5
$-0.044.4x197
Diageo plc
$85.12$70.00Jan 15 '27239$19.200.81
77.4%
$4.08
25
$-0.024.4x190
Chubb Limited
$328.38$270.00Jan 15 '27239$74.200.80
77.4%
$15.82
12.5
$-0.084.4x128
Versant Media Group, Inc.
$41.88$35.00Dec 18 '26211$9.500.78
77.3%
$2.62
0
$-0.014.4x139
Hilton Worldwide Holdings Inc.
$323.87$270.00Jan 15 '27239$73.700.78
77.2%
$19.83
20
$-0.094.4x203
Clearway Energy, Inc.
$37.35$30.00Nov 20 '26183$8.600.84
77.0%
$1.25
0
$-0.014.3x144
Real Estate Select Sector SPDR
$44.43$35.00Jan 15 '27239$10.300.89
76.8%
$0.87
50
$-0.014.3x545
Alexandria Real Estate Equities
$47.84$40.00Jan 15 '27239$11.200.77
76.6%
$3.36
15
$-0.014.3x117
Jazz Pharmaceuticals plc
$239.01$200.00Jan 15 '27239$56.000.77
76.6%
$16.99
42.5
$-0.074.3x321
General Dynamics Corporation
$339.75$270.00Jan 15 '27239$80.100.85
76.4%
$10.35
0
$-0.074.2x129
Mondelez International, Inc.
$61.84$50.00Jan 15 '27239$14.600.82
76.4%
$2.76
20
$-0.024.2x448
Marathon Petroleum Corporation
$258.37$120.00Jan 15 '27239$61.001.00
76.4%
$-77.37
30
$-0.014.2x369
Liberty Media Corporation - Ser
$90.44$75.00Dec 18 '26211$21.400.78
76.3%
$5.96
0
$-0.034.2x221
TKO Group Holdings, Inc.
$194.28$160.00Jan 15 '27239$46.100.79
76.3%
$11.82
40
$-0.054.2x441
TotalEnergies SE
$92.54$45.00Jan 15 '27239$22.001.00
76.2%
$-25.54
2.5
$-0.014.2x377
Skyworks Solutions, Inc.
$74.35$62.50Dec 18 '26211$17.800.76
76.1%
$5.95
25
$-0.034.2x127
Union Pacific Corporation
$265.80$210.00Jan 15 '27239$64.300.85
75.8%
$8.50
10
$-0.064.1x165
Restaurant Brands International
$76.53$60.00Jan 15 '27239$18.600.86
75.7%
$2.07
2.5
$-0.024.1x427
Invitation Homes Inc.
$29.17$22.50Nov 20 '26183$7.100.90
75.7%
$0.43
7.5
$-0.014.1x104
SFL Corporation Ltd
$12.72$10.00Nov 20 '26183$3.100.85
75.6%
$0.38
2.5
$-0.004.1x185
Prudential Financial, Inc.
$103.22$80.00Dec 18 '26211$25.500.88
75.3%
$2.28
7.5
$-0.024.0x130
Consumer Discretionary Select Sector SPDR
$117.94$95.00Jan 15 '27239$29.400.80
75.1%
$6.46
3.1
$-0.034.0x123
Shell PLC
$86.72$65.00Jan 15 '27239$21.701.00
75.0%
$-0.02
5
$-0.014.0x2,204
Capital One Financial Corporati
$187.23$150.00Jan 15 '27239$47.100.81
74.8%
$9.87
12.5
$-0.054.0x142
Centessa Pharmaceuticals plc
$39.75$22.50Dec 18 '26211$10.001.00
74.8%
$-7.25
42.5
$-0.004.0x126
Omega Healthcare Investors, Inc
$48.99$38.00Jan 15 '27239$12.400.86
74.7%
$1.41
17.5
$-0.014.0x292
AGNC Investment Corp.
$10.25$8.00Jan 15 '27239$2.600.85
74.6%
$0.35
41
$-0.003.9x1,396
Alnylam Pharmaceuticals, Inc.
$298.48$250.00Jan 15 '27239$75.900.76
74.6%
$27.42
5
$-0.103.9x244
DigitalBridge Group, Inc.
$15.71$12.00Dec 18 '26211$4.000.89
74.5%
$0.29
42.5
$-0.003.9x854
The Hershey Company
$190.84$150.00Jan 15 '27239$48.800.83
74.4%
$7.96
7.5
$-0.053.9x149
PNC Financial Services Group, I
$216.83$160.00Jan 15 '27239$55.501.00
74.4%
$-1.33
7.5
$-0.023.9x215
Materials Select Sector SPDR
$49.72$40.00Jan 15 '27239$12.750.80
74.4%
$3.03
37.5
$-0.013.9x199
Target Hospitality Corp.
$18.26$5.00Jan 15 '27239$4.701.00
74.3%
$-8.56
35
$-0.003.9x246
Fifth Third Bancorp
$48.86$38.00Jan 15 '27239$12.600.85
74.2%
$1.74
7.5
$-0.013.9x165
Kimbell Royalty Partners
$15.12$12.50Jan 15 '27239$3.900.76
74.2%
$1.28
30
$-0.013.9x100
Unilever PLC
$57.68$45.00Dec 18 '26211$14.900.84
74.2%
$2.22
10
$-0.013.9x104
Infosys Limited
$12.77$10.00Jan 15 '27239$3.300.83
74.2%
$0.53
15
$-0.003.9x251
Healthpeak Properties, Inc.
$19.66$15.00Dec 18 '26211$5.100.88
74.1%
$0.44
0
$-0.003.9x429
Lockheed Martin Corporation
$522.59$400.00Jan 15 '27239$135.900.88
74.0%
$13.31
30
$-0.103.9x179
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.