Cadence Design Systems Inc

CDNSNASDAQ · USD
319.92USD+8.49 (+2.73%)
697

Cadence Design Systems Inc (CDNS) Covered Calls

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Running CDNS covered calls helps you generate income from Cadence Design Systems Inc shares you already own, turning a long stock position into a yield producing asset. A covered call means holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike. Use our scanner to find the best CDNS covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call pairs limited risk with a clear income profile. If CDNS stays below the strike at expiration, you keep the premium and the shares. If it rises above, you deliver the stock at the strike and still pocket the premium. Selling CDNS covered calls works best when implied volatility is elevated, since richer premiums improve the risk reward. Key inputs include strike selection relative to delta, days to expiration, annualized return, and probability of assignment, all of which determine whether a given CDNS covered call is worth writing.

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing.

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Stock Statistics

  • IndustrySoftware - Application
  • SectorTechnology
  • IV Rank84.13% High
  • Market cap (M$)85,450
  • 52 weeks high-25.26%
  • 52 weeks low18.53%
  • Analyst recommendationStrong Buy
    1.27
  • Target price$415.70
    29.73% above the current stock price
  • Dividend—
  • Payout ratio0.00%
  • Earnings date2026-10-26
  • P/E61.91
  • Future P/E31.61
  • EPS (ttm)5.03
  • EPS growth next 5 years16.88%

As of Nov 5, 2026