Get Paid 8.3% A Year To Hold RTX Stock You Already Own

Here is a way to get paid a real income stream on your RTX shares right now, cash you keep no matter what, in exchange for agreeing to sell at a price nicely above today’s.

RTX has been on a tear, recently touching the top of its 52-week range at $211.28 a share after posting a strong quarter and raising its full-year outlook. For shareholders sitting on a healthy gain, it raises the classic question: what now? One answer is to turn those shares into an income-producing asset today, using a trade that pays you cash upfront for capping your potential future gains.

8.3% annualized income on RTX shares you already own, with 10.0% of upside room, by selling a covered call.

• You own (or buy) 100 shares of RTX near today’s price of $209.16.
• Sell one call option on RTX expiring 6/17/2027, with a strike price of $230, about 10.0% above today.
• Collect roughly $1,558 in premium up front per contract (each contract covers 100 shares), which you keep no matter what the stock does.
• That premium is about 8.3% annualized on the $20,916 of stock, income you earn just for holding.
• If RTX finishes above $230, your shares are called away at $230. Counting the premium, your total return works out to about 19% annualized, but you give up any gains above the strike.

Both Outcomes Put Cash In Your Pocket

If RTX finishes below $230 on 6/17/2027, the call expires worthless, and you keep the full $1,558 premium and all your shares. That is about 7.4% over 329 days, income earned just for holding, and you are free to sell another call.

If RTX finishes above $230, your 100 shares are called away at $230. You still keep the $1,558 premium, and counting it your total gain works out to about 17% over the holding period (about 19% annualized), a healthy exit. The cost of the trade is that any gain above $230 is no longer yours. And if the stock instead falls, you keep the premium but still ride the shares down, cushioned only slightly.

So the whole trade comes down to one thing: how much of that upside are you really likely to give up, and would you be content to sell at that higher price?

Before You Sell That Call, Know What You Are Capping

The only real cost is the upside you forfeit if the stock blows past your exit price. So, how much blue sky are you really giving up? The bull case is straightforward and powerful: RTX is executing into overwhelming demand, with a record backlog of $289 billion providing years of visibility. The Raytheon defense segment is the star, with organic sales up 18% in the quarter, fueled by immense international and domestic demand for its missile and air defense systems. This is the engine that could keep driving the stock higher.

Yet, the picture has its complications. The company’s own guidance implies a significant slowdown in growth for the second half of the year, from 13% organically in the first half to something closer to 5%. And at its Pratt & Whitney engine division, management is making a tough choice, throttling new engine sales, which were down 8% in the quarter, to divert scarce materials to its high-margin aftermarket repair network. While logical, it signals a business navigating real operational constraints. This is the world where collecting a guaranteed income now to sell at a defined profit later looks like a savvy move. The key is watching how that massive defense backlog translates into actual sales and profit; continued strength at Raytheon is what will settle the debate.

How Much Could The Stocks You Hold Pay You?

You may not own RTX, but you almost certainly own something that could be paying you. Our Covered Call Finder lets you type in a stock, or a few, and instantly see the income a covered call could generate on each, then dial the strike up or down with a slider to balance more income against more upside. It is the quickest way to see what the names in your own portfolio could pay.

Where This Income Trade Fits A Bigger Plan

A covered call turns one stock you own into income, but the premium and the downside still come from a single company in a single corner of the market. Durable results come from owning quality across sectors, so that no one name, and no one theme, decides how your year goes.

That is what the Trefis High Quality (HQ) Portfolio is built for: about 30 high-quality businesses spread across sectors, each chosen on the full weight of its fundamentals rather than a single setup, then sized and rebalanced with discipline. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Write calls for income on the names you like, on top of a diversified core that does not lean on any one company or theme.