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Lemonade Inc

LMND · Financial Services · —Financial Servicessmall
📊 Today's Best LMND Covered Call

The best covered call for LMND today is the 2026-05-15 $65 Call with 8.6% monthly yield and 18.4% downside protection — current stock price $68.48, as of 5:05 PM ET on April 16.

IV: 98% · Delta: 0.63 · CCL Score: 1
Live Price
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Change
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52W High
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52W Low
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Market Data

LMND Key Data

Symbol
LMND
Name
Lemonade Inc
Type
Stock
Sector
Financial Services
Industry
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Exchange
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Live Price
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52-Week High
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52-Week Low
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Market Cap
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Market Cap Tier
small
CCL Score
1
Strategy
Covered Calls
Access
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About

About LMND

Lemonade Inc is a publicly traded stock commonly used in covered call strategies to generate consistent income from existing positions.

Strategy

LMND Covered Call Strategy

Covered calls on LMND allow shareholders to collect premium income while holding the stock. The most common approach is selling out-of-the-money calls 30–45 days to expiration (DTE) to balance premium income with potential upside. If you own 100 shares of LMND, you can sell 1 call contract per 100 shares to generate consistent monthly income.

Covered calls on LMND cap your upside at the strike price but provide downside cushion equal to the premium received.
How It Works

How to Run a Covered Call on LMND

01
Own 100 Shares
You must own at least 100 shares of LMND to sell 1 covered call contract. Each options contract covers exactly 100 shares.
02
Choose Strike and Expiry
Select a call strike above the current LMND price (OTM) and an expiry date. 30–45 DTE monthly cycles are most popular for income generation.
03
Sell the Call
Sell 1 call contract to collect the premium immediately. This income is yours regardless of what LMND does next.
04
Manage at Expiry
If LMND stays below your strike, the option expires worthless and you keep the premium. If it rises above, shares get called away at the strike.
FAQ

Frequently Asked Questions

Can I sell covered calls on LMND?
Yes, LMND has listed options. You need to own 100 shares per contract. Use our screener to find the best strikes and expiries based on your goals.
What strike should I choose for LMND covered calls?
Most income traders choose strikes 2–10% above the current LMND price (OTM), balancing premium income with allowing some upside.
What is the best expiry for LMND covered calls?
Monthly options (30–45 DTE) have the best time-decay characteristics. Weekly options offer more flexibility but require more active management.
How much premium can I collect on LMND covered calls?
As of the last scanner update, the best LMND covered call offers 8.6% monthly yield. Use CoveredCalls.live to see real-time premiums updated daily.
What happens if LMND rises above my strike?
Your shares get called away at the strike price. You keep the premium plus any gain from your cost basis to the strike. You can then buy shares back and repeat.
What is the CCL Score?
The CCL Score is CoveredCalls.live's proprietary ranking metric. It weights annualized return (45%), bid-ask spread quality (25%), downside protection (15%), and open interest/delta factors (15%).

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