RGTI Covered Call
Every out-of-the-money RGTI 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 $15.00 strike at 8.8% over 36 days.
Open interest and pricing as of the close on 2026-09-16. Recomputed every morning before the open.
RGTI covered call candidates — Oct 23, 2026, 36 days out
Strikes are picked by distance from the $14.79 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 |
|---|---|---|---|---|---|---|---|
| $15.00 | 1.4% | $1.30 | 8.8% | 88.8% | $13.50 | 10.2% | 81 |
| $15.50 | 4.8% | $1.22 | 8.2% | 83.6% | $13.57 | 13.0% | 60 |
| $16.50 | 11.6% | $0.70 | 4.7% | 48.0% | $14.09 | 16.3% | 959 |
What the $15.00 call pays at expiration
One illustrative strike — the richest premium in the table — against 100 shares bought at $14.79. Profit caps at $150.50 if RGTI finishes above $15.00; below $13.50 the premium stops covering the loss on the stock.
| Stock at expiration | Profit / loss per share | On 100 shares |
|---|---|---|
| $11.09 | $-2.40 | $-240.25 |
| $12.02 | $-1.48 | $-147.81 |
| $12.94 | $-0.55 | $-55.38 |
| $13.87 | +$0.37 | +$37.06 |
| $14.79 | +$1.30 | +$129.50 |
| $15.71 | +$1.51 | +$150.50 |
| $16.64 | +$1.51 | +$150.50 |
| $17.56 | +$1.51 | +$150.50 |
| $18.49 | +$1.51 | +$150.50 |
When a covered call fits RGTI
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 RGTI 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 RGTI loaded.
Questions
- What does a RGTI covered call pay right now?
- The $15.00 call expiring Oct 23, 2026 (36 days out) collects $1.30 per share, 8.8% of the $14.79 share price, or 88.8% annualised if you repeat it.
- What is the break-even on a RGTI covered call?
- Selling the $15.00 call against stock bought at $14.79 breaks even at $13.50 — the share price less the premium. Below that the premium no longer covers the loss on the shares.
- What happens if RGTI closes above the strike?
- The shares are called away at $15.00. Total return is 10.2%: the premium plus the move from $14.79 up to the strike. Gains above the strike belong to the buyer.
More on RGTI
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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.