Figma, Inc. Class A (FIG) Covered Calls
Figma, Inc. is a leading provider of cloud-based design and prototyping tools. The company’s primary platform enables teams to collaborate in real-time on the design of user interfaces for websites and mobile applications. Its browser-based software integrates vector graphics editing with interactive prototyping and design system management. Figma serves a global customer base ranging from individual designers to large enterprise engineering and product development teams.
You can sell covered calls on Figma, Inc. Class A 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 FIG (prices last updated Tue 2:45 PM ET):
| Figma, Inc. Class A (FIG) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 28.85 | -1.63 | 28.83 | 28.85 | 6.8M | - | 13 |
| Covered Calls For Figma, Inc. Class A (FIG) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 29 | 1.41 | 27.44 | 5.1% | 169% | |
| Apr 17 | 30 | 2.40 | 26.45 | 9.1% | 85.2% | |
| 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
Core Business and Products
Figma provides a collaborative web-based platform for digital product design. Its flagship product, Figma Design, allows multiple users to work on the same file simultaneously, eliminating version control issues common in traditional desktop design software. The platform uses a WebGL-based engine to deliver high-performance graphics rendering directly in the browser, making it accessible across various operating systems without the need for local installations.
Key offerings include FigJam, an online whiteboarding tool designed for brainstorming and early-stage ideation, and various developer-centric features that bridge the gap between design and code. The company operates a "freemium" subscription model, where individual users can access basic features for free while enterprises pay for advanced security, design system management, and administrative controls.
Competitive Landscape
The digital design market is characterized by intense competition and a shift toward integrated, AI-driven workflows. Figma’s most prominent competitor is Adobe, particularly its Creative Cloud suite. In the workspace collaboration and productivity sector, Figma also competes for budget and user attention with firms such as Microsoft (via its design tools) and Atlassian. Other players include Sketch and Canva; however, Sketch is not publicly traded on the NYSE or NASDAQ, and Canva does not currently have traded options, so they are not linked here.
Strategic Outlook and Innovation
Figma’s strategy is centered on expanding the role of the designer within the broader software development lifecycle. A major area of innovation is the integration of generative artificial intelligence, which aims to automate repetitive design tasks and help developers translate visual designs into production-ready code more efficiently. The company is also focused on deepening its enterprise penetration by enhancing its "Dev Mode" features to attract a larger share of the global software engineering population. Strategic growth initiatives include scaling its international sales presence and expanding its plug-in ecosystem, which allows third-party developers to build custom tools on top of the Figma platform.
| 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. | RCAT covered calls | |
Want more examples? FIDU Covered Calls | FIGR 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.
