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VYX Covered Call Analysis: Proceed With Caution Weak · 30/100
VYX · $6.40 ·
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 VYX right now
Score 30/100. The technical signals do not support selling covered calls on VYX at this time.
RSI at 35 — oversold, not ideal for selling calls. IV -53% vs avg — premiums below average, less income. MACD bearish — stock may keep falling (risk).
Check back when conditions improve, or consider a different strategy.
Quick Take
VYX is trading at $6.40 with RSI at 35 (oversold territory). Options IV is at 40% — 53% below its 30-day average of 86%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
35
IV Today
40.1%
IV vs 30d Avg
-53%
MACD
bearish
ADX
28
MFI
40
The Setup
VYX Covered Call
LONG STOCK
100 shares @ $6.4
SHORT CALL
$7 Jun '26 · $0.14/sh
Net Cost
$626
Max Profit
+$74
Break-even
$6.26
Projected P&L at Target
+$74
(11.8%)
P&L at Expiry
P&L Scenarios
What happens at different VYX prices by expiry:
| VYX Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $5 (-20%) | -$114 | -$114 | -$114 | -$114 |
| $5 (-15%) | -$83 | -$82 | -$82 | -$82 |
| $6 (-10%) | -$53 | -$51 | -$50 | -$50 |
| $6 (-5%) | -$25 | -$21 | -$19 | -$18 |
| $6 (-2%) | -$9 | -$5 | -$1 | +$1 |
| $6 (0%) ← now | +$0 | +$6 | +$11 | +$14 |
| $7 (+2%) | +$9 | +$15 | +$22 | +$27 |
| $7 (+5%) | +$21 | +$28 | +$36 | +$46 |
| $7 (+9%) ← target | +$35 | +$43 | +$52 | +$74 |
| $7 (+15%) | +$49 | +$56 | +$64 | +$74 |
| $8 (+20%) | +$57 | +$63 | +$69 | +$74 |
Why This Strategy, Why Now
- RSI at 35 — oversold, not ideal for selling calls
- IV -53% vs avg — premiums below average, less income
- MACD bearish — stock may keep falling (risk)
- ADX at 28 — moderate trend
- No squeeze — no imminent breakout
Key Risks
ADX at 28 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.