OSCR Covered Call
Every out-of-the-money OSCR 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 $33.00 strike at 7.3% over 36 days.
Open interest and pricing as of the close on 2026-09-16. Recomputed every morning before the open.
OSCR covered call candidates — Oct 23, 2026, 36 days out
Strikes are picked by distance from the $32.34 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 |
|---|---|---|---|---|---|---|---|
| $33.00 | 2.0% | $2.36 | 7.3% | 74.0% | $29.98 | 9.3% | 3 |
| $34.00 | 5.1% | $1.97 | 6.1% | 61.8% | $30.37 | 11.2% | 3 |
| $36.00 | 11.3% | $1.35 | 4.2% | 42.3% | $30.99 | 15.5% | 20 |
What the $33.00 call pays at expiration
One illustrative strike — the richest premium in the table — against 100 shares bought at $32.34. Profit caps at $302.00 if OSCR finishes above $33.00; below $29.98 the premium stops covering the loss on the stock.
| Stock at expiration | Profit / loss per share | On 100 shares |
|---|---|---|
| $24.26 | $-5.73 | $-572.50 |
| $26.28 | $-3.70 | $-370.37 |
| $28.30 | $-1.68 | $-168.25 |
| $30.32 | +$0.34 | +$33.87 |
| $32.34 | +$2.36 | +$236.00 |
| $34.36 | +$3.02 | +$302.00 |
| $36.38 | +$3.02 | +$302.00 |
| $38.40 | +$3.02 | +$302.00 |
| $40.43 | +$3.02 | +$302.00 |
When a covered call fits OSCR
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 OSCR 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 OSCR loaded.
Questions
- What does a OSCR covered call pay right now?
- The $33.00 call expiring Oct 23, 2026 (36 days out) collects $2.36 per share, 7.3% of the $32.34 share price, or 74.0% annualised if you repeat it.
- What is the break-even on a OSCR covered call?
- Selling the $33.00 call against stock bought at $32.34 breaks even at $29.98 — the share price less the premium. Below that the premium no longer covers the loss on the shares.
- What happens if OSCR closes above the strike?
- The shares are called away at $33.00. Total return is 9.3%: the premium plus the move from $32.34 up to the strike. Gains above the strike belong to the buyer.
More on OSCR
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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.