UONE Long Call Strategy

UONE (Urban One, Inc.), in the Communication Services sector, (Broadcasting industry), listed on NASDAQ.

Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners. As of December 31, 2021, it owned and/or operated 64 broadcast stations, including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations under the Radio One tradename located in 13 urban markets. The Cable Television segment operates TV One, an African-American targeted cable television network; and CLEO TV, a lifestyle and entertainment network. The Reach Media segment operates syndicated programming, including the Get Up!

UONE (Urban One, Inc.) trades in the Communication Services sector, specifically Broadcasting, with a market capitalization of approximately $16.5M, a beta of 0.29 versus the broader market, a 52-week range of 5.1-19, average daily share volume of 129K, a public-listing history dating back to 1999, approximately 962 full-time employees. These structural characteristics shape how UONE stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.

A beta of 0.29 indicates UONE 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 long call on UONE?

A long call buys upside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes above the strike plus premium at expiration.

Current UONE snapshot

As of May 15, 2026, spot at $5.65, ATM IV 433.90%, IV rank 98.42%, expected move 124.39%. The long call on UONE 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 long call structure on UONE specifically: UONE IV at 433.90% is rich versus its 1-year range, which makes a premium-buying UONE long call relatively expensive in absolute-cost terms, with a market-implied 1-standard-deviation move of approximately 124.39% (roughly $7.03 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 UONE expiries trade a higher absolute premium for lower per-day decay. Position sizing on UONE should anchor to the underlying notional of $5.65 per share and to the trader's directional view on UONE stock.

UONE long call setup

The UONE long 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 UONE near $5.65, the first option leg uses a $5.65 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed UONE 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 UONE shares for the stock leg in covered calls and collars).

ActionTypeStrike / BasisPremium (est)
Buy 1Call$5.65N/A

UONE long 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 is unbounded; max loss equals the premium paid times 100. Breakeven is strike plus premium.

UONE long call payoff curve

Modeled P&L at expiration across a range of underlying prices for the long call on UONE. 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 long call on UONE

Long calls on UONE express a bullish thesis with defined risk; traders use them ahead of UONE catalysts (earnings, product launches, macro events) when the expected upside justifies the premium and theta decay.

UONE thesis for this long call

The market-implied 1-standard-deviation range for UONE extends from approximately $-1.38 on the downside to $12.68 on the upside. A UONE long call expresses a directional view that the underlying closes above the strike plus premium at expiration, ideally with implied volatility holding or expanding to preserve extrinsic value through the hold period. Current UONE IV rank near 98.42% sits in the upper third of its 1-year distribution, which historically reverts; this raises the bar for premium-buying structures and lowers it for premium-selling structures on UONE at 433.90%. As a Communication Services name, UONE options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to UONE-specific events.

UONE long call positions are structurally 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. UONE positions also carry Communication Services sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move UONE alongside the broader basket even when UONE-specific fundamentals are unchanged. Long-premium structures like a long call on UONE 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 UONE chain quotes before placing a trade.

Frequently asked questions

What is a long call on UONE?
A long call on UONE is the long call strategy applied to UONE (stock). The strategy is structurally bullish: A long call buys upside exposure with a fixed maximum loss equal to the premium paid; profit accrues if the underlying closes above the strike plus premium at expiration. With UONE stock trading near $5.65, the strikes shown on this page are snapped to the nearest listed UONE chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
How are UONE long call max profit and max loss calculated?
Max profit is unbounded; max loss equals the premium paid times 100. Breakeven is strike plus premium. For the UONE long call priced from the end-of-day chain at a 30-day expiry (ATM IV 433.90%), 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 UONE long call?
The breakeven for the UONE long call 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 UONE market-implied 1-standard-deviation expected move is approximately 124.39%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
When should you consider a long call on UONE?
Long calls on UONE express a bullish thesis with defined risk; traders use them ahead of UONE catalysts (earnings, product launches, macro events) when the expected upside justifies the premium and theta decay.
How does current UONE implied volatility affect this long call?
UONE ATM IV is at 433.90% with IV rank near 98.42%, which is elevated relative to its 1-year range. Premium-selling structures (covered call, cash-secured put, iron condor) generally look more attractive when IV rank is high; premium-buying structures (long call, long put, debit spreads) are more expensive in that regime.

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