ASML Holding N.V. - New York Registry Shares (ASML) Covered Calls

ASML Holding N.V. - New York Registry Shares covered calls ASML Holding N.V. is a leading provider of advanced technology systems for the semiconductor industry. The company specializes in photolithography, a process essential for mass-producing microchips by using light to etch circuit patterns onto silicon wafers. As the sole global supplier of extreme ultraviolet (EUV) lithography machines, ASML enables the world’s top chipmakers to create smaller, faster, and more efficient integrated circuits for computing and artificial intelligence.

You can sell covered calls on ASML Holding N.V. - New York Registry Shares to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for ASML (prices last updated Tue 4:16 PM ET):

ASML Holding N.V. - New York Registry Shares (ASML) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
1,419.78 +13.17 1,420.22 1,424.00 1.1M 50 448
Covered Calls For ASML Holding N.V. - New York Registry Shares (ASML)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 1420 22.30 1401.70 1.3% 119%
Mar 20 1420 74.40 1349.60 5.2% 59.3%
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Core Business and Products

ASML Holding N.V. (ASML) is the primary architect of the equipment required to build the world's most advanced semiconductors. Based in the Netherlands, the company operates as the gatekeeper of Moore’s Law through its mastery of lithography—the process of using light to print tiny, complex circuit patterns on silicon wafers. ASML’s systems are "scanners" that act as high-precision projectors, essential for the production of everything from automotive sensors to high-performance AI processors.

  1. Extreme Ultraviolet (EUV) Lithography: ASML is the only company in the world that manufactures EUV machines. These systems use light with a wavelength of just 13.5 nanometers to etch features at the atomic scale. In 2026, the company is ramping up its "High-NA" (High Numerical Aperture) EUV systems, which provide even greater resolution for the next generation of sub-2nm chips.
  2. Deep Ultraviolet (DUV) Lithography: While EUV handles the most complex layers of a chip, DUV lithography remains the workhorse of the industry for less dense layers. ASML’s immersion and dry DUV systems are critical for a wide range of mature and specialized semiconductor nodes.
  3. Metrology and Inspection: Beyond printing patterns, ASML provides holistic lithography solutions. This includes "YieldStar" metrology systems and computational lithography software that help chipmakers monitor and optimize the manufacturing process in real-time to maximize output and quality.

Competitive Landscape

ASML occupies a unique position in the tech ecosystem; while it has competitors in older technologies, it maintains a total monopoly on the high-end equipment required for cutting-edge AI chips:

  1. Lithography Rivals: In the mature DUV market, ASML competes with Japanese firms Nikon and Canon. However, neither company has developed a viable EUV alternative, leaving ASML as the sole provider for the industry's most advanced needs.
  2. Semiconductor Equipment Peers: ASML is part of a "Big Five" group of equipment providers that includes Applied Materials, Lam Research, KLA Corporation, and Tokyo Electron. While these companies don't make lithography machines, they provide the etching, deposition, and inspection tools that work alongside ASML's scanners.
  3. Key Customers: ASML’s success is deeply tied to the capital expenditure cycles of its "Big Three" customers: Taiwan Semiconductor Manufacturing Company, Intel, and Samsung. It also increasingly serves memory specialists like Micron Technology as they adopt EUV for high-bandwidth memory.

Strategic Outlook and Innovation

As of 2026, ASML is benefiting from a "perfect storm" of demand driven by the global AI infrastructure build-out and a recovery in the memory market. The company has entered a significant growth cycle as chipmakers transition from research to high-volume manufacturing using High-NA EUV tools. Strategically, ASML is focused on "Installed Base Management," a high-margin service business that provides software updates and maintenance for the thousands of systems already in the field. Despite geopolitical challenges and export restrictions, ASML’s massive order backlog and 90% share of the broader lithography market provide a formidable moat. By 2027, the company aims to achieve even higher gross margins as it streamlines the production of its newest, multi-hundred-million-dollar systems, cementing its role as the indispensable foundation of the global technology supply chain.