CMCSA Covered Call Strategy: Is Now a Good Time to Sell Calls? Moderate ยท 73/100

Comcast Corp (Communication Services) ยท $23.22 ยท Analysis generated Oct 30, 2026 ยท Data as of market close Oct 30

Quick Take

CMCSA is trading at $23.22 with RSI at 58 (neutral territory). Options IV is at 25% โ€” 64% below its 30-day average of 69%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.

Technical Signals

RSI (14)
58
IV Today
24.7%
IV vs 30d Avg
-64%
MACD
bullish
ADX
27
MFI
64

The Setup

CMCSA Covered Call

LONG STOCK
100 shares @ $23.22
SHORT CALL
$25 Dec '26 ยท $0.5/sh
Net Cost
$2,272
Max Profit
+$228
Break-even
$22.72
Projected P&L at Target
+$228 (10.0%)
P&L at Expiry Now $23 $16 $23 $30

P&L Scenarios

What happens at different CMCSA prices by expiry:

CMCSA Price Today Nov 16 Dec 2 Dec 18 (exp)
$19 (-20%) -$416 -$414 -$414 -$414
$20 (-15%) -$304 -$300 -$298 -$298
$21 (-10%) -$198 -$189 -$183 -$182
$22 (-5%) -$102 -$86 -$71 -$66
$23 (-2%) -$49 -$29 -$8 +$4
$23 (0%) โ† now -$18 +$5 +$30 +$50
$24 (+2%) +$12 +$36 +$66 +$96
$24 (+5%) +$51 +$78 +$112 +$166
$25 (+8%) โ† target +$82 +$110 +$145 +$228
$26 (+10%) +$105 +$133 +$168 +$228
$27 (+15%) +$144 +$170 +$200 +$228
$28 (+20%) +$171 +$192 +$215 +$228

Why This Strategy, Why Now

  • RSI at 58 โ€” neutral-bullish
  • IV -64% vs avg โ€” premiums below average, less income
  • MACD bullish โ€” stock has upward momentum
  • ADX at 27 โ€” moderate trend
  • No squeeze โ€” no imminent breakout

Key Risks

CMCSA has bullish momentum (MACD). If a positive catalyst emerges (earnings beat, product launch), the stock could gap past your strike. Consider rolling the call up if CMCSA approaches the strike before expiry.
ADX at 27 indicates a moderately strong trend. In trending markets, covered calls cap your upside too early. Use a higher strike to leave more room.
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