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BSY Covered Call Analysis: Proceed With Caution Weak · 15/100
BSY · $31.30 ·
Analysis generated Nov 26, 2025 ·
Data as of market close Nov 26
· Market closed — data may be from last trading day
This strategy is NOT recommended for BSY right now
Score 15/100. The technical signals do not support selling covered calls on BSY at this time.
RSI at 26 — oversold, not ideal for selling calls. IV -45% vs avg — premiums below average, less income. MACD bearish — stock may keep falling (risk). ADX at 50 — strong trend, stock may run past strike.
Check back when conditions improve, or consider a different strategy.
Quick Take
BSY is trading at $31.30 with RSI at 26 (oversold territory). Options IV is at 31% — 45% below its 30-day average of 55%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
26
IV Today
30.6%
IV vs 30d Avg
-45%
MACD
bearish
ADX
50
MFI
20
The Setup
BSY Covered Call
LONG STOCK
100 shares @ $31.3
SHORT CALL
$34 Jun '26 · $1.46/sh
Net Cost
$2,984
Max Profit
+$416
Break-even
$29.84
Projected P&L at Target
+$416
(14.0%)
P&L at Expiry
P&L Scenarios
What happens at different BSY prices by expiry:
| BSY Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $25 (-20%) | -$495 | -$485 | -$480 | -$480 |
| $27 (-15%) | -$353 | -$336 | -$325 | -$323 |
| $28 (-10%) | -$223 | -$197 | -$174 | -$167 |
| $30 (-5%) | -$105 | -$69 | -$32 | -$11 |
| $31 (-2%) | -$40 | +$0 | +$46 | +$83 |
| $31 (0%) ← now | -$0 | +$43 | +$94 | +$146 |
| $32 (+2%) | +$37 | +$83 | +$139 | +$209 |
| $33 (+5%) | +$88 | +$137 | +$199 | +$303 |
| $34 (+9%) ← target | +$142 | +$193 | +$259 | +$416 |
| $34 (+10%) | +$161 | +$212 | +$278 | +$416 |
| $36 (+15%) | +$219 | +$270 | +$332 | +$416 |
| $38 (+20%) | +$265 | +$312 | +$367 | +$416 |
Why This Strategy, Why Now
- RSI at 26 — oversold, not ideal for selling calls
- IV -45% vs avg — premiums below average, less income
- MACD bearish — stock may keep falling (risk)
- ADX at 50 — strong trend, stock may run past strike
- No squeeze — no imminent breakout
Key Risks
ADX at 50 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.