โ Best Covered Calls
/ TEAM
TEAM Covered Call Analysis: Proceed With Caution Weak ยท 15/100
TEAM ยท $57.15 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 TEAM right now
Score 15/100. The technical signals do not support selling covered calls on TEAM at this time.
RSI at 25 โ oversold, not ideal for selling calls. IV -37% vs avg โ premiums below average, less income. MACD bearish โ stock may keep falling (risk). ADX at 35 โ strong trend, stock may run past strike.
Check back when conditions improve, or consider a different strategy.
Quick Take
TEAM is trading at $57.15 with RSI at 25 (oversold territory). Options IV is at 65% โ 37% below its 30-day average of 102%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
25
IV Today
64.9%
IV vs 30d Avg
-37%
MACD
bearish
ADX
35
MFI
30
The Setup
TEAM Covered Call
LONG STOCK
100 shares @ $57.15
SHORT CALL
$62 Jun '26 ยท $6.01/sh
Net Cost
$5,114
Max Profit
+$1,086
Break-even
$51.14
Projected P&L at Target
+$1,086
(21.2%)
P&L at Expiry
P&L Scenarios
What happens at different TEAM prices by expiry:
| TEAM Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $46 (-20%) | -$730 | -$648 | -$572 | -$542 |
| $49 (-15%) | -$522 | -$421 | -$315 | -$256 |
| $51 (-10%) | -$330 | -$212 | -$77 | +$30 |
| $54 (-5%) | -$157 | -$24 | +$137 | +$315 |
| $56 (-2%) | -$60 | +$80 | +$255 | +$487 |
| $57 (0%) โ now | +$0 | +$145 | +$327 | +$601 |
| $58 (+2%) | +$58 | +$206 | +$395 | +$715 |
| $60 (+5%) | +$140 | +$293 | +$490 | +$887 |
| $62 (+8%) โ target | +$228 | +$385 | +$587 | +$1,086 |
| $63 (+10%) | +$264 | +$422 | +$625 | +$1,086 |
| $66 (+15%) | +$373 | +$532 | +$734 | +$1,086 |
| $69 (+20%) | +$468 | +$626 | +$821 | +$1,086 |
Why This Strategy, Why Now
- RSI at 25 โ oversold, not ideal for selling calls
- IV -37% vs avg โ premiums below average, less income
- MACD bearish โ stock may keep falling (risk)
- ADX at 35 โ strong trend, stock may run past strike
- No squeeze โ no imminent breakout
Key Risks
ADX at 35 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.