Copart, Inc. (CPRT) Covered Calls
Copart is a global leader in online vehicle auctions and remarketing services. The company provides a digital marketplace connecting sellers, such as insurance companies, financial institutions, and fleet operators, with a vast international network of buyers. Copart leverages proprietary technology and logistics to facilitate the entire vehicle sales process, specializing in salvage, used, and end-of-life vehicle transactions.
You can sell covered calls on Copart, Inc. 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 CPRT (prices last updated Tue 4:16 PM ET):
| Copart, Inc. (CPRT) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 36.31 | -1.26 | 36.30 | 36.88 | 6.1M | 24 | 36 |
| Covered Calls For Copart, Inc. (CPRT) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 37.5 | 0.30 | 36.58 | 0.8% | 26.5% | |
| Apr 17 | 37.5 | 1.00 | 35.88 | 2.8% | 26.2% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
Want to make money with covered calls? Sign Up For A Free Trial
Copart operates as a global technology-driven online vehicle auction marketplace. Its platform enables the remarketing of vehicles for a wide array of consignors, including insurance companies, financial institutions, car dealers, rental agencies, and charities. The company streamlines the disposition process by providing comprehensive services that include vehicle valuation, logistics, storage, title processing, and secure, efficient online bidding.
By utilizing its proprietary auction technology, Copart connects sellers with an expansive global buyer base of dismantlers, rebuilders, repair shops, and exporters. This digital-first approach allows the company to operate efficiently across international markets, providing a critical service in the automotive circular economy. Its scale, combined with significant investments in land and logistics, serves as a primary competitive advantage in the vehicle recovery industry.
Competition
The vehicle remarketing industry features several established players. Copart faces competition from various regional and global auction operators that provide similar salvage and used vehicle sales services. Notable competitors with publicly traded, optionable stock include RB Global and OPENLANE.
Strategic Outlook and Innovation
The company remains focused on enhancing its digital auction platform to improve the user experience for both buyers and sellers. Strategic priorities include the expansion of its global footprint and the continued optimization of its logistics network to handle increasing volumes of vehicle consignments. By prioritizing technology-led innovation, the firm seeks to maintain its position as the preferred partner for insurance companies and other large-scale vehicle consignors.
Management continues to invest in data analytics and automated systems to further streamline the auction process and improve recovery values. The company is committed to sustainable growth through the expansion of its addressable market, the diversification of its service offerings, and the integration of new technologies that support end-to-end vehicle lifecycle management.
| Top 10 Open Interest For Mar 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA covered calls | 6. | QQQ covered calls | 1. | CTMX covered calls | |
| 2. | SLV covered calls | 7. | EWZ covered calls | 2. | PATH covered calls | |
| 3. | EEM covered calls | 8. | FXI covered calls | 3. | USO covered calls | |
| 4. | SPY covered calls | 9. | GLD covered calls | 4. | FLY covered calls | |
| 5. | IBIT covered calls | 10. | KWEB covered calls | 5. | ONDS covered calls | |
Want more examples? CPRI Covered Calls | CPRX Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
