SEDG Covered Call
Every out-of-the-money SEDG 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 $36.00 strike at 8.4% over 36 days.
Open interest and pricing as of the close on 2026-09-16. Recomputed every morning before the open.
SEDG covered call candidates — Oct 23, 2026, 36 days out
Strikes are picked by distance from the $34.68 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 |
|---|---|---|---|---|---|---|---|
| $36.00 | 3.8% | $2.93 | 8.4% | 85.5% | $31.76 | 12.2% | 3 |
| $38.00 | 9.6% | $2.32 | 6.7% | 67.8% | $32.36 | 16.3% | 1 |
What the $36.00 call pays at expiration
One illustrative strike — the richest premium in the table — against 100 shares bought at $34.68. Profit caps at $424.50 if SEDG finishes above $36.00; below $31.76 the premium stops covering the loss on the stock.
| Stock at expiration | Profit / loss per share | On 100 shares |
|---|---|---|
| $26.01 | $-5.75 | $-574.50 |
| $28.18 | $-3.58 | $-357.75 |
| $30.35 | $-1.41 | $-141.00 |
| $32.51 | +$0.76 | +$75.75 |
| $34.68 | +$2.93 | +$292.50 |
| $36.85 | +$4.25 | +$424.50 |
| $39.02 | +$4.25 | +$424.50 |
| $41.18 | +$4.25 | +$424.50 |
| $43.35 | +$4.25 | +$424.50 |
When a covered call fits SEDG
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 SEDG 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 SEDG loaded.
Questions
- What does a SEDG covered call pay right now?
- The $36.00 call expiring Oct 23, 2026 (36 days out) collects $2.93 per share, 8.4% of the $34.68 share price, or 85.5% annualised if you repeat it.
- What is the break-even on a SEDG covered call?
- Selling the $36.00 call against stock bought at $34.68 breaks even at $31.76 — the share price less the premium. Below that the premium no longer covers the loss on the shares.
- What happens if SEDG closes above the strike?
- The shares are called away at $36.00. Total return is 12.2%: the premium plus the move from $34.68 up to the strike. Gains above the strike belong to the buyer.
More on SEDG
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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.