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ACN Covered Call Analysis: Proceed With Caution Weak · 15/100
ACN · $179.53 ·
Analysis generated Apr 13, 2026 ·
Data as of market close Apr 13
This strategy is NOT recommended for ACN right now
Score 15/100. The technical signals do not support selling covered calls on ACN at this time.
RSI at 30 — oversold, not ideal for selling calls. IV -38% vs avg — premiums below average, less income. MACD bearish — stock may keep falling (risk). TTM Squeeze ON — breakout imminent, risky for capped strategies.
Check back when conditions improve, or consider a different strategy.
Quick Take
ACN is trading at $179.53 with RSI at 30 (oversold territory). Options IV is at 40% — 38% below its 30-day average of 65%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
30
IV Today
40.3%
IV vs 30d Avg
-38%
MACD
bearish
ADX
27
MFI
32
The Setup
ACN Covered Call
LONG STOCK
100 shares @ $179.53
SHORT CALL
$195 Jun '26 · $7.7/sh
Net Cost
$17,183
Max Profit
+$2,317
Break-even
$171.83
Projected P&L at Target
+$2,317
(13.5%)
P&L at Expiry
P&L Scenarios
What happens at different ACN prices by expiry:
| ACN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $144 (-20%) | -$2,889 | -$2,843 | -$2,822 | -$2,821 |
| $153 (-15%) | -$2,070 | -$1,984 | -$1,931 | -$1,923 |
| $162 (-10%) | -$1,307 | -$1,171 | -$1,058 | -$1,025 |
| $171 (-5%) | -$617 | -$428 | -$234 | -$128 |
| $176 (-2%) | -$243 | -$24 | +$221 | +$411 |
| $180 (0%) ← now | -$12 | +$225 | +$502 | +$770 |
| $183 (+2%) | +$204 | +$456 | +$762 | +$1,129 |
| $189 (+5%) | +$500 | +$770 | +$1,109 | +$1,668 |
| $195 (+9%) ← target | +$813 | +$1,094 | +$1,453 | +$2,317 |
| $197 (+10%) | +$920 | +$1,203 | +$1,563 | +$2,317 |
| $206 (+15%) | +$1,254 | +$1,532 | +$1,872 | +$2,317 |
| $215 (+20%) | +$1,512 | +$1,769 | +$2,061 | +$2,317 |
Why This Strategy, Why Now
- RSI at 30 — oversold, not ideal for selling calls
- IV -38% vs avg — premiums below average, less income
- MACD bearish — stock may keep falling (risk)
- ADX at 27 — moderate trend
- TTM Squeeze ON — breakout imminent, risky for capped strategies
Key Risks
ADX at 27 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.
TTM Squeeze is ON — a volatility breakout may be imminent. If the breakout is to the upside, your short call will be tested quickly.