KORU Covered Call
Every out-of-the-money KORU 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 $19.00 strike at 14.5% over 36 days.
Open interest and pricing as of the close on 2026-09-16. Recomputed every morning before the open.
KORU covered call candidates — Oct 23, 2026, 36 days out
Strikes are picked by distance from the $18.28 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 |
|---|---|---|---|---|---|---|---|
| $19.00 | 3.9% | $2.65 | 14.5% | 147.0% | $15.63 | 18.4% | 12 |
| $20.00 | 9.4% | $2.28 | 12.4% | 126.2% | $16.01 | 21.9% | 17 |
What the $19.00 call pays at expiration
One illustrative strike — the richest premium in the table — against 100 shares bought at $18.28. Profit caps at $337.00 if KORU finishes above $19.00; below $15.63 the premium stops covering the loss on the stock.
| Stock at expiration | Profit / loss per share | On 100 shares |
|---|---|---|
| $13.71 | $-1.92 | $-192.00 |
| $14.85 | $-0.78 | $-77.75 |
| $16.00 | +$0.36 | +$36.50 |
| $17.14 | +$1.51 | +$150.75 |
| $18.28 | +$2.65 | +$265.00 |
| $19.42 | +$3.37 | +$337.00 |
| $20.57 | +$3.37 | +$337.00 |
| $21.71 | +$3.37 | +$337.00 |
| $22.85 | +$3.37 | +$337.00 |
When a covered call fits KORU
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 KORU 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 KORU loaded.
Questions
- What does a KORU covered call pay right now?
- The $19.00 call expiring Oct 23, 2026 (36 days out) collects $2.65 per share, 14.5% of the $18.28 share price, or 147.0% annualised if you repeat it.
- What is the break-even on a KORU covered call?
- Selling the $19.00 call against stock bought at $18.28 breaks even at $15.63 — the share price less the premium. Below that the premium no longer covers the loss on the shares.
- What happens if KORU closes above the strike?
- The shares are called away at $19.00. Total return is 18.4%: the premium plus the move from $18.28 up to the strike. Gains above the strike belong to the buyer.
More on KORU
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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.