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CVLT Covered Call Analysis: Proceed With Caution Weak · 35/100
CVLT · $88.87 ·
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 CVLT right now
Score 35/100. The technical signals do not support selling covered calls on CVLT at this time.
RSI at 33 — oversold, not ideal for selling calls. IV -16% vs avg — premiums below average, less income. ADX at 55 — strong trend, stock may run past strike.
Check back when conditions improve, or consider a different strategy.
Quick Take
CVLT is trading at $88.87 with RSI at 33 (oversold territory). Options IV is at 51% — 16% below its 30-day average of 60%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
33
IV Today
50.7%
IV vs 30d Avg
-16%
MACD
bullish
ADX
55
MFI
26
The Setup
CVLT Covered Call
LONG STOCK
100 shares @ $88.87
SHORT CALL
$96 Jun '26 · $5.76/sh
Net Cost
$8,311
Max Profit
+$1,289
Break-even
$83.11
Projected P&L at Target
+$1,289
(15.5%)
P&L at Expiry
P&L Scenarios
What happens at different CVLT prices by expiry:
| CVLT Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $71 (-20%) | -$1,298 | -$1,243 | -$1,207 | -$1,201 |
| $76 (-15%) | -$925 | -$844 | -$777 | -$757 |
| $80 (-10%) | -$581 | -$473 | -$366 | -$313 |
| $84 (-5%) | -$272 | -$138 | +$12 | +$132 |
| $87 (-2%) | -$105 | +$42 | +$217 | +$398 |
| $89 (0%) ← now | -$0 | +$154 | +$343 | +$576 |
| $91 (+2%) | +$98 | +$259 | +$459 | +$754 |
| $93 (+5%) | +$235 | +$403 | +$616 | +$1,020 |
| $96 (+8%) ← target | +$359 | +$532 | +$752 | +$1,289 |
| $98 (+10%) | +$434 | +$608 | +$829 | +$1,289 |
| $102 (+15%) | +$599 | +$771 | +$985 | +$1,289 |
| $107 (+20%) | +$735 | +$899 | +$1,092 | +$1,289 |
Why This Strategy, Why Now
- RSI at 33 — oversold, not ideal for selling calls
- IV -16% vs avg — premiums below average, less income
- MACD bullish — stock has upward momentum
- ADX at 55 — strong trend, stock may run past strike
- No squeeze — no imminent breakout
Key Risks
CVLT has bullish momentum (MACD). If a positive catalyst emerges (earnings beat, product launch), the stock could gap past your strike. Consider rolling the call up if CVLT approaches the strike before expiry.
ADX at 55 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.