AMPG Bull Call Spread Strategy
AMPG (AmpliTech Group, Inc.), in the Technology sector, (Communication Equipment industry), listed on NASDAQ.
AmpliTech Group, Inc. designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains. It also provides specialty microwave block downconverters used as a test device on satellite access point antennas; specialty microwave 1:2 Tx protection switch panels that is used in satellite communication earth stations; desktop/benchtop and compact wideband power amplifiers; and waveguide to coaxial adapters for SATCOM and satellite internet gateway systems. In addition, the company offers cryogenic amplifiers for quantum computing, medical, RF imaging, research and development, space communications, accelerators, radiometry, and telephony applications; and cryogenic and non-cryogenic 4g/5g small cell subsystems for high-speed networks and airline Wi-Fi systems. Further, it provides custom assembly designs and non-recurring engineering services on a project-by-project basis, as well as IC packaging and lids products. The company serves aerospace, government, defense, commercial satellite, and wireless industries through sales representatives and distributors in the United States, Europe, the Middle East, and South Asia.
AMPG (AmpliTech Group, Inc.) trades in the Technology sector, specifically Communication Equipment, with a market capitalization of approximately $52.1M, a beta of -0.57 versus the broader market, a 52-week range of 1.64-4.89, average daily share volume of 558K, a public-listing history dating back to 2021, approximately 47 full-time employees. These structural characteristics shape how AMPG stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of -0.57 indicates AMPG has historically moved less than the broader market, dampening realized volatility and producing tighter expected-move bands per unit of dollar exposure.
What is a bull call spread on AMPG?
A bull call spread buys an at-the-money call and sells an out-of-the-money call at a higher strike for defined risk and defined reward bounded by the strike width.
Current AMPG snapshot
As of May 15, 2026, spot at $2.90, ATM IV 90.70%, IV rank 20.31%, expected move 26.00%. The bull call spread on AMPG below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 34-day expiry.
Why this bull call spread structure on AMPG specifically: AMPG IV at 90.70% is on the cheap side of its 1-year range, which favors premium-buying structures like a AMPG bull call spread, with a market-implied 1-standard-deviation move of approximately 26.00% (roughly $0.75 on the underlying). The 34-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated AMPG expiries trade a higher absolute premium for lower per-day decay. Position sizing on AMPG should anchor to the underlying notional of $2.90 per share and to the trader's directional view on AMPG stock.
AMPG bull call spread setup
The AMPG bull call spread below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With AMPG near $2.90, the first option leg uses a $2.90 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed AMPG chain at a 34-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 AMPG shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $2.90 | N/A |
| Sell 1 | Call | $3.05 | N/A |
AMPG bull call spread 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 strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-call strike plus net debit.
AMPG bull call spread payoff curve
Modeled P&L at expiration across a range of underlying prices for the bull call spread on AMPG. 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 bull call spread on AMPG
Bull call spreads on AMPG reduce the cost of a bullish AMPG stock position by selling a higher-strike call; suited to moderate-move theses where price reaches but does not vastly exceed the short strike.
AMPG thesis for this bull call spread
The market-implied 1-standard-deviation range for AMPG extends from approximately $2.15 on the downside to $3.65 on the upside. A AMPG bull call spread caps both the risk and the reward of a bullish position; relative to an outright long call on AMPG, the spread reduces the cost basis but limits the maximum profit to the strike width minus net debit. Current AMPG IV rank near 20.31% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on AMPG at 90.70%. As a Technology name, AMPG options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to AMPG-specific events.
AMPG bull call spread positions are structurally moderately 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. AMPG positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move AMPG alongside the broader basket even when AMPG-specific fundamentals are unchanged. Long-premium structures like a bull call spread on AMPG are particularly exposed to IV-crush risk through scheduled events (earnings, FDA decisions, central-bank meetings) where IV typically contracts post-event regardless of the directional outcome. Always rebuild the position from current AMPG chain quotes before placing a trade.
Frequently asked questions
- What is a bull call spread on AMPG?
- A bull call spread on AMPG is the bull call spread strategy applied to AMPG (stock). The strategy is structurally moderately bullish: A bull call spread buys an at-the-money call and sells an out-of-the-money call at a higher strike for defined risk and defined reward bounded by the strike width. With AMPG stock trading near $2.90, the strikes shown on this page are snapped to the nearest listed AMPG chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are AMPG bull call spread max profit and max loss calculated?
- Max profit equals strike width minus net debit times 100; max loss equals net debit times 100. Breakeven is long-call strike plus net debit. For the AMPG bull call spread priced from the end-of-day chain at a 30-day expiry (ATM IV 90.70%), 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 AMPG bull call spread?
- The breakeven for the AMPG bull call spread priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current AMPG market-implied 1-standard-deviation expected move is approximately 26.00%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a bull call spread on AMPG?
- Bull call spreads on AMPG reduce the cost of a bullish AMPG stock position by selling a higher-strike call; suited to moderate-move theses where price reaches but does not vastly exceed the short strike.
- How does current AMPG implied volatility affect this bull call spread?
- AMPG ATM IV is at 90.70% with IV rank near 20.31%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.