← Best Covered Calls
/ LIN
Why LIN Is an Excellent Covered Call Candidate Right Now Strong · 78/100
Linde plc Ordinary Shares (Basic Materials) · $529.79 ·
Analysis generated Jul 10, 2026 ·
Data as of market close Jul 10
Quick Take
LIN is trading at $529.79 with RSI at 56 (neutral territory). Options IV is at 23% — 41% below its 30-day average of 39%. Neither RSI nor IV strongly favor selling calls right now. Consider waiting for better conditions or using a different strategy.
Technical Signals
RSI (14)
56
IV Today
22.7%
IV vs 30d Avg
-41%
MACD
bullish
ADX
16
MFI
57
The Setup
LIN Covered Call
LONG STOCK
100 shares @ $529.79
SHORT CALL
$570 Sep '26 · $9.56/sh
Net Cost
$52,023
Max Profit
+$4,977
Break-even
$520.23
Projected P&L at Target
+$4,977
(9.6%)
P&L at Expiry
P&L Scenarios
What happens at different LIN prices by expiry:
| LIN Price | Today | Aug 3 | Aug 26 | Sep 18 (exp) |
|---|---|---|---|---|
| $424 (-20%) | -$9,649 | -$9,641 | -$9,640 | -$9,640 |
| $450 (-15%) | -$7,036 | -$7,000 | -$6,991 | -$6,991 |
| $477 (-10%) | -$4,507 | -$4,396 | -$4,345 | -$4,342 |
| $503 (-5%) | -$2,160 | -$1,917 | -$1,734 | -$1,693 |
| $519 (-2%) | -$892 | -$553 | -$234 | -$104 |
| $530 (0%) ← now | -$120 | +$282 | +$705 | +$956 |
| $540 (+2%) | +$587 | +$1,045 | +$1,569 | +$2,016 |
| $556 (+5%) | +$1,516 | +$2,035 | +$2,678 | +$3,605 |
| $570 (+8%) ← target | +$2,189 | +$2,735 | +$3,424 | +$4,977 |
| $583 (+10%) | +$2,711 | +$3,258 | +$3,938 | +$4,977 |
| $609 (+15%) | +$3,504 | +$3,995 | +$4,539 | +$4,977 |
| $636 (+20%) | +$3,984 | +$4,379 | +$4,749 | +$4,977 |
Why This Strategy, Why Now
- RSI at 56 — neutral-bullish
- IV -41% vs avg — premiums below average, less income
- MACD bullish — stock has upward momentum
- ADX at 16 — range-bound, perfect for selling calls
- No squeeze — no imminent breakout
Key Risks
LIN 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 LIN approaches the strike before expiry.