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VZ Covered Call Analysis: Proceed With Caution Weak · 30/100
VZ · $46.04 ·
Analysis generated Apr 13, 2026 ·
Data as of market close Apr 13
This strategy is NOT recommended for VZ right now
Score 30/100. The technical signals do not support selling covered calls on VZ at this time.
IV -41% vs avg — premiums below average, less income. MACD bearish — stock may keep falling (risk). TTM Squeeze ON — breakout imminent, risky for capped strategies.
Check back when conditions improve, or consider a different strategy.
Quick Take
VZ is trading at $46.04 with RSI at 41 (neutral territory). Options IV is at 28% — 41% below its 30-day average of 47%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
41
IV Today
27.5%
IV vs 30d Avg
-41%
MACD
bearish
ADX
25
MFI
36
The Setup
VZ Covered Call
LONG STOCK
100 shares @ $46.04
SHORT CALL
$50 Jun '26 · $0.61/sh
Net Cost
$4,543
Max Profit
+$457
Break-even
$45.43
Projected P&L at Target
+$457
(10.1%)
P&L at Expiry
P&L Scenarios
What happens at different VZ prices by expiry:
| VZ Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $37 (-20%) | -$860 | -$860 | -$860 | -$860 |
| $39 (-15%) | -$631 | -$630 | -$630 | -$630 |
| $41 (-10%) | -$406 | -$401 | -$399 | -$399 |
| $44 (-5%) | -$192 | -$179 | -$170 | -$169 |
| $45 (-2%) | -$75 | -$53 | -$36 | -$31 |
| $46 (0%) ← now | -$3 | +$24 | +$50 | +$61 |
| $47 (+2%) | +$64 | +$96 | +$130 | +$153 |
| $48 (+5%) | +$152 | +$190 | +$236 | +$291 |
| $50 (+9%) ← target | +$237 | +$280 | +$333 | +$457 |
| $51 (+10%) | +$264 | +$307 | +$360 | +$457 |
| $53 (+15%) | +$337 | +$376 | +$419 | +$457 |
| $55 (+20%) | +$379 | +$409 | +$438 | +$457 |
Why This Strategy, Why Now
- RSI at 41
- IV -41% vs avg — premiums below average, less income
- MACD bearish — stock may keep falling (risk)
- ADX at 25 — moderate trend
- TTM Squeeze ON — breakout imminent, risky for capped strategies
Key Risks
TTM Squeeze is ON — a volatility breakout may be imminent. If the breakout is to the upside, your short call will be tested quickly.