Ormat Technologies Inc
Ormat Technologies Inc (ORA) Covered Calls
As of September 25, 2026, ORA has 49 covered call opportunities in the coming three months. Return ranges from 6.2 to 87.9% until expiration. Annualized return ranges from 20.4 to 373.0%. The nearest expiration is October 16, 2026. Maximum potential profit is $8,422.
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Running ORA covered calls helps you generate consistent income from Ormat Technologies Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Ormat Technologies 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 ORA 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 ORA 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 ORA 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 Ormat Technologies Inc covered call is worth writing.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants.
The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Income-focused investors, long-term ORA 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 ORA covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Ormat Technologies Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryUtilities - Renewable
- SectorUtilities
- IV percentile11.90% Subdued
- Market cap (M$)5,758
- 52 weeks high-36.04%
- 52 weeks low3.32%
- Analyst recommendationBuy
1.92 - Target price$131.55
40.50% above the current stock price - Dividend—
- Payout ratio23.77%
- Earnings date2026-11-02
- P/E45.87
- Future P/E38.15
- EPS (ttm)2.04
- EPS growth next 5 years12.06%
As of September 25, 2026
| 2026-12-18 | 86 | 180.00 | 87.83 | 0.05 | 0.75 | 8422.00 | 87.88 | 373.00 | -0.05 | +0.04 | 33 | 0.70 |
| 2026-12-18 | 86 | 175.00 | 82.62 | 0.05 | 0.75 | 7922.00 | 82.67 | 350.86 | -0.05 | +0.04 | 88 | 0.70 |
| 2026-10-16 | 23 | 110.00 | 14.79 | 0.20 | 0.90 | 1437.00 | 15.00 | 237.97 | -0.21 | +0.11 | 86 | 0.70 |
| 2026-11-20 | 58 | 130.00 | 35.66 | 0.05 | 1.05 | 3422.00 | 35.71 | 224.72 | -0.05 | +0.07 | 0 | 1.00 |
| 2026-12-18 | 86 | 140.00 | 46.09 | 0.20 | 1.10 | 4437.00 | 46.30 | 196.51 | -0.21 | +0.07 | 1,708 | 0.90 |
| 2026-11-20 | 58 | 125.00 | 30.44 | 0.10 | 1.05 | 2927.00 | 30.54 | 192.21 | -0.10 | +0.08 | 0 | 0.95 |
| 2026-12-18 | 86 | 135.00 | 40.87 | 0.35 | 1.20 | 3952.00 | 41.24 | 175.03 | -0.37 | +0.09 | 95 | 0.85 |
| 2026-11-20 | 58 | 120.00 | 25.22 | 0.40 | 1.35 | 2457.00 | 25.64 | 161.35 | -0.42 | +0.12 | 0 | 0.95 |
| 2026-10-16 | 23 | 105.00 | 9.57 | 0.50 | 1.20 | 967.00 | 10.09 | 160.14 | -0.52 | +0.18 | 39 | 0.70 |
| 2026-12-18 | 86 | 130.00 | 35.66 | 0.25 | 1.75 | 3442.00 | 35.92 | 152.44 | -0.26 | +0.11 | 38 | 1.50 |
As of September 25, 2026
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