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FICO Covered Call Analysis: Proceed With Caution Weak · 35/100
FICO · $922.37 ·
Analysis generated Apr 10, 2026 ·
Data as of market close Apr 10
· Market closed — data may be from last trading day
This strategy is NOT recommended for FICO right now
Score 35/100. The technical signals do not support selling covered calls on FICO at this time.
RSI at 29 — oversold, not ideal for selling calls. IV -24% vs avg — premiums below average, less income. ADX at 36 — strong trend, stock may run past strike.
Check back when conditions improve, or consider a different strategy.
Quick Take
FICO is trading at $922.37 with RSI at 29 (oversold territory). Options IV is at 53% — 24% below its 30-day average of 70%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
29
IV Today
53.2%
IV vs 30d Avg
-24%
MACD
bullish
ADX
36
MFI
40
The Setup
FICO Covered Call
LONG STOCK
100 shares @ $922.37
SHORT CALL
$1000 Jun '26 · $95.0/sh
Net Cost
$82,737
Max Profit
+$17,263
Break-even
$827.37
Projected P&L at Target
+$17,263
(20.9%)
P&L at Expiry
P&L Scenarios
What happens at different FICO prices by expiry:
| FICO Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $738 (-20%) | -$10,289 | -$9,574 | -$9,054 | -$8,947 |
| $784 (-15%) | -$6,521 | -$5,524 | -$4,642 | -$4,336 |
| $830 (-10%) | -$3,060 | -$1,776 | -$455 | +$276 |
| $876 (-5%) | +$62 | +$1,607 | +$3,379 | +$4,888 |
| $904 (-2%) | +$1,765 | +$3,444 | +$5,460 | +$7,655 |
| $922 (0%) ← now | +$2,830 | +$4,585 | +$6,743 | +$9,500 |
| $941 (+2%) | +$3,838 | +$5,658 | +$7,937 | +$11,345 |
| $968 (+5%) | +$5,244 | +$7,141 | +$9,556 | +$14,112 |
| $1000 (+8%) ← target | +$6,697 | +$8,647 | +$11,147 | +$17,263 |
| $1015 (+10%) | +$7,318 | +$9,281 | +$11,795 | +$17,263 |
| $1061 (+15%) | +$9,073 | +$11,032 | +$13,489 | +$17,263 |
| $1107 (+20%) | +$10,539 | +$12,432 | +$14,712 | +$17,263 |
Why This Strategy, Why Now
- RSI at 29 — oversold, not ideal for selling calls
- IV -24% vs avg — premiums below average, less income
- MACD bullish — stock has upward momentum
- ADX at 36 — strong trend, stock may run past strike
- No squeeze — no imminent breakout
Key Risks
FICO 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 FICO approaches the strike before expiry.
ADX at 36 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.