Lightwave Logic Inc
Lightwave Logic Inc (LWLG) Covered Calls
As of September 28, 2026, LWLG has 46 covered call opportunities in the coming three months. Return ranges from 15.8 to 563.8% until expiration. Annualized return ranges from 31.2 to 475.0%. The nearest expiration is October 16, 2026. Maximum potential profit is $2,994.
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Running LWLG covered calls helps you generate consistent income from Lightwave Logic Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Lightwave Logic Inc involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best LWLG covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if LWLG 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 LWLG covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Lightwave Logic Inc covered call is worth writing.
Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in designing and synthesizing organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip.
In addition, the company provides the ridge waveguide modulator, a modulator that fabricates the waveguide within a layer of its electro-optic polymer system. It focuses on selling its products to electro-optic device manufacturers, such as telecommunications component and systems manufacturers, networking and switching suppliers, semiconductor companies, Web 2.0 media, computing companies, aerospace companies, and government agencies. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.
Income-focused investors, long-term LWLG holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling LWLG covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Lightwave Logic Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustrySpecialty Chemicals
- SectorBasic Materials
- IV percentile59.13% Neutral
- Market cap (M$)771
- 52 weeks high-73.28%
- 52 weeks low76.06%
- Analyst recommendationStrong Buy
1.00 - Target price$10.00
-47.22% below the current stock price - Dividend—
- Payout ratio—
- Earnings date2026-11-12
- P/E—
- Future P/E—
- EPS (ttm)-0.16
- EPS growth next 5 years—
As of September 28, 2026
| 2027-01-15 | 112 | 13.00 | 144.82 | 0.05 | 0.20 | 774.00 | 145.76 | 475.03 | -0.94 | +0.11 | 685 | 0.15 |
| 2026-12-18 | 84 | 11.00 | 107.16 | 0.05 | 0.15 | 574.00 | 108.10 | 469.71 | -0.94 | +0.10 | 259 | 0.10 |
| 2026-11-20 | 56 | 9.00 | 69.49 | 0.05 | 0.15 | 374.00 | 70.43 | 459.07 | -0.94 | +0.12 | 0 | 0.10 |
| 2028-01-21 | 483 | 35.00 | 559.13 | 0.25 | 0.50 | 2994.00 | 563.84 | 426.09 | -4.71 | +0.17 | 2,674 | 0.25 |
| 2027-01-15 | 112 | 12.00 | 125.99 | 0.10 | 0.15 | 679.00 | 127.87 | 416.73 | -1.88 | +0.11 | 1,978 | 0.05 |
| 2026-12-18 | 84 | 10.00 | 88.32 | 0.05 | 0.15 | 474.00 | 89.27 | 387.88 | -0.94 | +0.11 | 399 | 0.10 |
| 2028-01-21 | 483 | 30.00 | 464.97 | 0.35 | 0.60 | 2504.00 | 471.56 | 356.36 | -6.59 | +0.21 | 4,104 | 0.25 |
| 2027-01-15 | 112 | 11.00 | 107.16 | 0.05 | 0.25 | 574.00 | 108.10 | 352.28 | -0.94 | +0.13 | 554 | 0.20 |
| 2027-03-19 | 175 | 14.00 | 163.65 | 0.10 | 0.30 | 879.00 | 165.54 | 345.26 | -1.88 | +0.14 | 112 | 0.20 |
| 2026-11-20 | 56 | 8.00 | 50.66 | 0.10 | 0.20 | 279.00 | 52.54 | 342.46 | -1.88 | +0.17 | 241 | 0.10 |
As of September 28, 2026
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