CLSK Covered Call
Every out-of-the-money CLSK call expiring Oct 23, 2026, priced from the settled chain: what it pays, what it yields, and where the trade stops making money. The richest right now is the $13.00 strike at 9.7% over 36 days.
Open interest and pricing as of the close on 2026-09-16. Recomputed every morning before the open.
CLSK covered call candidates — Oct 23, 2026, 36 days out
Strikes are picked by distance from the $12.79 share price, not by delta — the published chain carries premiums and open interest, not greeks, and inventing a delta here would be inventing data. Premium is the bid/ask midpoint where both sides quote, otherwise the last trade. The chain artifact publishes the six nearest expirations, so this is the longest one listed — 36 days out. Annualising anything shorter than a week says more about compounding arithmetic than about the trade, so those cells stay blank.
| Strike | % OTM | Premium | Yield | Annualised | Break-even | If assigned | OI |
|---|---|---|---|---|---|---|---|
| $13.00 | 1.6% | $1.24 | 9.7% | 98.3% | $11.55 | 11.3% | 155 |
| $13.50 | 5.6% | $1.10 | 8.6% | 86.8% | $11.69 | 14.1% | 77 |
| $14.00 | 9.5% | $0.84 | 6.6% | 66.6% | $11.95 | 16.0% | 11 |
What the $13.00 call pays at expiration
One illustrative strike — the richest premium in the table — against 100 shares bought at $12.79. Profit caps at $145.00 if CLSK finishes above $13.00; below $11.55 the premium stops covering the loss on the stock.
| Stock at expiration | Profit / loss per share | On 100 shares |
|---|---|---|
| $9.59 | $-1.96 | $-195.75 |
| $10.39 | $-1.16 | $-115.81 |
| $11.19 | $-0.36 | $-35.87 |
| $11.99 | +$0.44 | +$44.06 |
| $12.79 | +$1.24 | +$124.00 |
| $13.59 | +$1.45 | +$145.00 |
| $14.39 | +$1.45 | +$145.00 |
| $15.19 | +$1.45 | +$145.00 |
| $15.99 | +$1.45 | +$145.00 |
When a covered call fits CLSK
A covered call sells someone else the right to buy your shares at the strike. It pays you today and caps your upside there, so it suits a holding you are content to own flat and content to sell at the strike — not one you expect to run.
The premium is compensation for implied volatility. Rich implied volatility pays more, and usually pays more because the market expects a move; a high annualised number on a name about to report earnings is a warning as often as an opportunity. Check the CLSK expected move and the open-interest walls before assuming the strike is far enough away.
Full mechanics, assignment and rolling are in the covered call guide; to model a different strike or a multi-leg version, open the profit calculator with CLSK loaded.
Questions
- What does a CLSK covered call pay right now?
- The $13.00 call expiring Oct 23, 2026 (36 days out) collects $1.24 per share, 9.7% of the $12.79 share price, or 98.3% annualised if you repeat it.
- What is the break-even on a CLSK covered call?
- Selling the $13.00 call against stock bought at $12.79 breaks even at $11.55 — the share price less the premium. Below that the premium no longer covers the loss on the shares.
- What happens if CLSK closes above the strike?
- The shares are called away at $13.00. Total return is 11.3%: the premium plus the move from $12.79 up to the strike. Gains above the strike belong to the buyer.
More on CLSK
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Educational, not investment advice. Options involve risk. Open interest is reported with a one-session lag by OCC, so these levels describe positioning as of the last settled session, not live intraday flow.