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TRMB Covered Call Analysis: Proceed With Caution Weak · 55/100
TRMB · $64.77 ·
Analysis generated Apr 10, 2026 ·
Data as of market close Apr 10
· Market closed — data may be from last trading day
Quick Take
TRMB is trading at $64.77 with RSI at 43 (neutral territory). Options IV is at 32% — 41% below its 30-day average of 54%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
43
IV Today
31.7%
IV vs 30d Avg
-41%
MACD
bullish
ADX
16
MFI
56
The Setup
TRMB Covered Call
LONG STOCK
100 shares @ $64.77
SHORT CALL
$70 Jun '26 · $2.61/sh
Net Cost
$6,216
Max Profit
+$784
Break-even
$62.16
Projected P&L at Target
+$784
(12.6%)
P&L at Expiry
P&L Scenarios
What happens at different TRMB prices by expiry:
| TRMB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $52 (-20%) | -$1,052 | -$1,039 | -$1,034 | -$1,034 |
| $55 (-15%) | -$753 | -$728 | -$713 | -$711 |
| $58 (-10%) | -$474 | -$430 | -$396 | -$387 |
| $62 (-5%) | -$221 | -$158 | -$96 | -$63 |
| $63 (-2%) | -$85 | -$11 | +$70 | +$131 |
| $65 (0%) ← now | -$0 | +$79 | +$172 | +$261 |
| $66 (+2%) | +$78 | +$163 | +$266 | +$391 |
| $68 (+5%) | +$184 | +$276 | +$390 | +$585 |
| $70 (+8%) ← target | +$280 | +$375 | +$495 | +$784 |
| $71 (+10%) | +$333 | +$428 | +$549 | +$784 |
| $74 (+15%) | +$449 | +$541 | +$652 | +$784 |
| $78 (+20%) | +$535 | +$619 | +$711 | +$784 |
Why This Strategy, Why Now
- RSI at 43
- IV -41% vs avg — premiums below average, less income
- MACD bullish — stock has upward momentum
- ADX at 16 — range-bound, perfect for selling calls
- TTM Squeeze ON — breakout imminent, risky for capped strategies
Key Risks
TRMB 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 TRMB approaches the strike before expiry.
TTM Squeeze is ON — a volatility breakout may be imminent. If the breakout is to the upside, your short call will be tested quickly.