Consumer Cyclical
LCID
Lucid Group Inc.
Premium income from Lucid Motors (LCID) with covered calls and cash secured puts. Luxury EV maker with Saudi backing.
Monthly Premium7.0-12.0%
Annualized Return84-144%
Stock Price$2.50-5
IV RankVery High (75-95)
Options LiquidityVery Good
Dividend Yield0%
Why LCID for Covered Calls & Cash Secured Puts?
LCID offers very high premium at accessible price point. Saudi backing provides capital backstop. Luxury EV positioning.
Example Covered Call Trade
LCIDCovered Call
Strike Price$5 (35% OTM)
Expiration30 days
Premium$0.35 per share
Return If Flat9.5% ($35)
Return If Called44.5% ($165)
Keep Probability55% keep shares
Recommended Strategy for LCID
High-risk play only. Sell calls 25-40% OTM. Very low price allows many contracts.
Risks to Consider
- Severe cash burn
- Production scaling challenges
- Competition from BMW/Mercedes
- Dilution risk
- Low volume
Analyze LCID Covered Calls Now
Use our free calculator to find the optimal strike price for your goals
Open Calculator