AGNT Covered Call Strategy
AGNT (AGNT, Inc.), in the Real Estate sector, (Real Estate - Services industry), listed on NASDAQ.
eXp World Holdings, Inc. is dedicated to acquiring and managing a variety of service-based enterprises. The company provides customers with access to its VirBELA virtual reality software platform through paid subscriptions. Its operations are organized into three primary divisions: the North American Realty segment, which oversees real estate brokerage activities in the United States and Canada; the International Realty segment, responsible for real estate brokerage services across all other global locations; and the Other Affiliated Services segment, encompassing ventures like SUCCESS Magazine, FrameVR.io, and other ancillary projects. Founded by Glenn Darrel Sanford on July 30, 2008, the company maintains its corporate headquarters in Bellingham, Washington.
AGNT (AGNT, Inc.) trades in the Real Estate sector, specifically Real Estate - Services, with a market capitalization of approximately $703.3M, a beta of 2.06 versus the broader market, a 52-week range of 3.685-12.226, average daily share volume of 1.3M, a public-listing history dating back to 2018, approximately 2K full-time employees. These structural characteristics shape how AGNT stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 2.06 indicates AGNT has historically moved more than the broader market, amplifying both the directional payoff and the realized volatility relative to an index-equivalent position. AGNT pays a dividend, which adjusts put-call parity and shifts the ex-dividend pricing across the listed chain.
What is a covered call on AGNT?
A covered call pairs long stock with a short out-of-the-money call, collecting premium and capping upside above the short strike in exchange for income.
AGNT snapshot
As of August 14, 2026, spot at $4.37, ATM IV 113.80%, IV rank 42.47%, expected move 19.55%. The covered call on AGNT below is built from the end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 35-day expiry.
Why this covered call structure on AGNT specifically: AGNT IV at 113.80% is mid-range versus its 1-year history, so the credit collected on a AGNT covered call sits in line with its long-run distribution, with a market-implied 1-standard-deviation move of approximately 19.55% (roughly $0.85 on the underlying). The 35-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AGNT expiries trade a higher absolute premium for lower per-day decay. Position sizing on AGNT should anchor to the underlying notional of $4.37 per share and to the trader's directional view on AGNT stock.
AGNT covered call setup
The AGNT covered call below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AGNT at $4.37 on that close, the first option leg uses a $4.59 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AGNT chain at a 35-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 AGNT shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 100 shares | Stock | $4.37 | long |
| Sell 1 | Call | $4.59 | N/A |
AGNT covered call risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals short-strike minus cost basis plus premium times 100; max loss is cost basis minus premium (at zero). Breakeven is cost basis minus premium.
AGNT covered call payoff curve
Modeled P&L at expiration across a range of underlying prices for the covered call on AGNT. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use covered call on AGNT
Covered calls on AGNT are an income strategy run on existing AGNT stock positions; traders typically sell calls at 25-35 delta with 30-45 days to expiration to balance premium against upside cap.
AGNT thesis for this covered call
The market-implied 1-standard-deviation range for AGNT extends from approximately $3.52 on the downside to $5.22 on the upside. A AGNT covered call collects premium on an existing long AGNT position, trading off upside above the short call strike for immediate income; the short strike selection should reflect the trader's view on whether AGNT will breach that level within the expiration window. Current AGNT IV rank near 42.47% is mid-range against its 1-year distribution, so the IV signal is neutral; the covered call thesis on AGNT should anchor more to the directional view and the expected-move geometry. As a Real Estate name, AGNT options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AGNT-specific events.
AGNT covered call positions are structurally neutral to slightly bullish; the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. AGNT positions also carry Real Estate sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AGNT alongside the broader basket even when AGNT-specific fundamentals are unchanged. Short-premium structures like a covered call on AGNT carry tail risk when realized volatility exceeds the implied move; review historical AGNT earnings reactions and macro stress periods before sizing. Always rebuild the position from current AGNT chain quotes before placing a trade.
Frequently asked questions
- What is a covered call on AGNT?
- A covered call on AGNT is the covered call strategy applied to AGNT (stock). The strategy is structurally neutral to slightly bullish: A covered call pairs long stock with a short out-of-the-money call, collecting premium and capping upside above the short strike in exchange for income. With AGNT stock at $4.37 on the most recent close, the strikes shown on this page are snapped to the nearest listed AGNT chain strike and the premiums come straight from that session's bid/ask midpoint.
- How are AGNT covered call max profit and max loss calculated?
- Max profit equals short-strike minus cost basis plus premium times 100; max loss is cost basis minus premium (at zero). Breakeven is cost basis minus premium. For the AGNT covered call priced from the end-of-day chain at a 30-day expiry (ATM IV 113.80%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a AGNT covered call?
- The breakeven for the AGNT covered call priced on this page is no defined breakeven on the modeled curve at expiration, derived from the end-of-day chain's premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The AGNT market-implied 1-standard-deviation expected move in the same options snapshot is approximately 19.55%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a covered call on AGNT?
- Covered calls on AGNT are an income strategy run on existing AGNT stock positions; traders typically sell calls at 25-35 delta with 30-45 days to expiration to balance premium against upside cap.
- How does current AGNT implied volatility affect this covered call?
- AGNT ATM IV is at 113.80% with IV rank near 42.47%, which is mid-range against its 1-year history. Strategy selection depends more on directional thesis and expected move than on a strong IV signal.