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| Acutus Medical, Inc. stock Covered Calls

LAST 0.83 SCORE 5 5 10

As of 27 Sep 2022, AFIB (Acutus Medical, Inc.) has 9 Covered Call trade opportunities in the coming three months. For a Covered call trade, you buy 100 shares of AFIB and sell one Call option. The return is expected to range from 6.41 — 6.41% until expiration, which is 29.05 — 95.50% annualized. The closest expiration is 2022-10-21, and the maximum potential profit is $1172.00

Medical Devices Healthcare 37.70% Subdued
25 -91.41% 72.92% Hold
2.7
3.5
2.67 above the current stock price
2022-11-09 -3.28

See the results below and sign up to adjust the parameters.

Expiration date Days to expiration Strike Moneyness % Bid Ask Max. profit Return % Return annualized % Breakeven % Delta Open interest Bid-Ask spread
2022-10-21 24 5.0 502.41 0.05 0.15 4.22 6.41 95.50 -6.02 25.58 8 0.10
2022-10-21 24 2.5 201.20 0.05 0.05 1.72 6.41 95.50 -6.02 18.50 344 0.00
2022-10-21 24 7.5 803.61 0.05 0.80 6.72 6.41 95.50 -6.02 65.91 1 0.75
2022-11-18 52 2.5 201.20 0.05 0.20 1.72 6.41 44.53 -6.02 33.51 7 0.15
2022-12-16 80 5.0 502.41 0.05 0.20 4.22 6.41 29.05 -6.02 29.88 1,718 0.15
2022-12-16 80 2.5 201.20 0.05 0.20 1.72 6.41 29.05 -6.02 33.52 1,095 0.15
2022-12-16 80 7.5 803.61 0.05 0.10 6.72 6.41 29.05 -6.02 19.66 57 0.05
2022-12-16 80 10.0 1104.82 0.05 0.85 9.22 6.41 29.05 -6.02 67.88 149 0.80
2022-12-16 80 12.5 1406.02 0.05 0.85 11.72 6.41 29.05 -6.02 67.52 35 0.80

* Data is EOD. Click here to sign up and see live data.

Moneyness %
The distance between the stock's last price and the strike.
Max. profit
The Maximum profit (in US $) for the strategy at expiration, using the options MID price. This data point available only for trades with limited profit.
Return %
The return on investment from selling the option.
Return annualized %
Annualized calculation of the return - the ROI from selling the option.
Breakeven %
The breakeven point is the point where the profit and loss of the strategy are equal.
Delta
Delta is the change in the option price for every 1$ move in the underlying symbol. It is also used as a rough estimate of the option probability to expire in the money.
Open interest
Total open interest (also known as open contracts or open commitments) refers to the total number outstanding of derivative contracts that have not been settled. Across all strikes and expirations.
Bid-Ask spread
The difference between the option's ask and the option's bid. The tighter the spread the easier it is the trade.

FAQ

What is a Covered Call?

A covered call is an options strategy that owns 100 shares and sells one Call option, usually above the current stock price. This bullish options strategy 'sacrifices' some of the upside of the position to collect premiums and generate an income stream from stocks you own. Covered calls trades perform best on stocks you are bullish on, but don't expect a significant price increase in the short term. The covered calls strategy also pairs well with dividend-paying stocks.

When looking for trade ideas, you can use our options scanner for covered calls with a high probability of profit and annualized return, as well as steady dividends, robust fundamentals, or an excellent score to increase your likelihood of profit and reduce your risk.

What is AFIB Implied Volatility (IV)?

Implied volatility (IV) is one of the most critical measures for options traders. It is used to tell us if an option is expensive or cheap. High Implied Volatility is better for Covered Calls trades, while low IV is usually less profitable for Covered Calls.

As of 27 Sep 2022, AFIB stock IV is 146.59 and the percentile is 37.70% Subdued.

We've conducted thorough research into the IV, and we see that it is mean-reverting - meaning after a high value, we can expect a lower value in a higher probability (and vice versa). We published our Implied volatility research https://blog.optionsamurai.com/category/implied-volatility in our blog. You can read more there.