โ Best Covered Calls
/ RPD
RPD Covered Call Analysis: Proceed With Caution Weak ยท 35/100
RPD ยท $5.07 ยท
Analysis generated Apr 10, 2026 ยท
Data as of market close Apr 10
ยท Market closed โ data may be from last trading day
This strategy is NOT recommended for RPD right now
Score 35/100. The technical signals do not support selling covered calls on RPD at this time.
RSI at 32 โ oversold, not ideal for selling calls. IV -24% vs avg โ premiums below average, less income. ADX at 45 โ strong trend, stock may run past strike.
Check back when conditions improve, or consider a different strategy.
Quick Take
RPD is trading at $5.07 with RSI at 32 (oversold territory). Options IV is at 81% โ 24% below its 30-day average of 106%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
32
IV Today
81.4%
IV vs 30d Avg
-24%
MACD
bullish
ADX
45
MFI
42
The Setup
RPD Covered Call
LONG STOCK
100 shares @ $5.07
SHORT CALL
$6 Jun '26 ยท $0.58/sh
Net Cost
$449
Max Profit
+$101
Break-even
$4.49
Projected P&L at Target
+$101
(22.6%)
P&L at Expiry
P&L Scenarios
What happens at different RPD prices by expiry:
| RPD Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $4 (-20%) | -$63 | -$55 | -$47 | -$43 |
| $4 (-15%) | -$45 | -$35 | -$25 | -$18 |
| $5 (-10%) | -$29 | -$18 | -$4 | +$7 |
| $5 (-5%) | -$14 | -$1 | +$15 | +$33 |
| $5 (-2%) | -$6 | +$8 | +$25 | +$48 |
| $5 (0%) โ now | -$0 | +$13 | +$31 | +$58 |
| $5 (+2%) | +$5 | +$19 | +$37 | +$68 |
| $5 (+5%) | +$12 | +$26 | +$45 | +$83 |
| $6 (+8%) โ target | +$19 | +$34 | +$53 | +$101 |
| $6 (+10%) | +$23 | +$38 | +$57 | +$101 |
| $6 (+15%) | +$32 | +$47 | +$67 | +$101 |
| $6 (+20%) | +$41 | +$56 | +$74 | +$101 |
Why This Strategy, Why Now
- RSI at 32 โ oversold, not ideal for selling calls
- IV -24% vs avg โ premiums below average, less income
- MACD bullish โ stock has upward momentum
- ADX at 45 โ strong trend, stock may run past strike
- No squeeze โ no imminent breakout
Key Risks
RPD 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 RPD approaches the strike before expiry.
ADX at 45 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.