Planet Labs PBC Class A (PL) Covered Calls

Planet Labs PBC Class A covered calls Planet Labs is a leading provider of daily satellite imagery and geospatial intelligence. The company designs, builds, and operates the largest fleet of Earth-observation satellites in history. Its proprietary data platform provides a near-daily scan of the entire Earth's landmass, delivering actionable insights to customers in sectors such as agriculture, forestry, mapping, and government intelligence to monitor global change.

You can sell covered calls on Planet Labs PBC 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 PL (prices last updated Fri 4:16 PM ET):

Planet Labs PBC Class A (PL) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
22.42 +1.12 22.39 22.60 6.4M - 6.7
Covered Calls For Planet Labs PBC Class A (PL)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 22.5 0.80 21.80 3.2% 146%
Mar 20 22 3.20 19.40 13.4% 136%
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Planet Labs PBC operates as a public benefit corporation with the mission of making global change visible, accessible, and actionable. The company is a pioneer in the New Space industry, utilizing a fleet of highly specialized small satellites, often referred to as Doves, to capture high-frequency imagery of the Earth.

The company’s operations are centered on a subscription-based data model that serves several core business pillars:

  1. PlanetScope: A flagship constellation that provides a complete daily scan of Earth's landmass at medium resolution.
  2. SkySat and Pelican: High-resolution tasking constellations that allow customers to zoom in on specific areas of interest with high frequency.
  3. Geospatial Analytics: An AI-driven software platform that processes raw imagery into automated alerts and planetary variables, such as soil moisture levels or building footprints.

The competitive landscape features both legacy aerospace giants and specialized emerging firms. Planet Labs competes for government and defense contracts against Lockheed Martin and Northrop Grumman. In the specific niche of high-resolution geospatial data and orbital intelligence, the company faces competition from BlackSky Technology. Other significant players in the broader aerospace data ecosystem include Boeing and L3Harris Technologies. The company also competes with Spire Global, which provides maritime and aviation tracking data.

Strategic Outlook and Innovation

Planet Labs is focused on transitioning from a pure data provider to a sophisticated analytics company. By integrating machine learning directly into its platform, the company enables users to search for physical objects and environmental changes as easily as one might search the web. The development of next-generation constellations, such as Tanager for hyperspectral imaging and Pelican for low-latency tasking, is intended to provide deeper insights into carbon emissions and rapid-response disaster management. This strategy emphasizes high-margin recurring revenue by embedding satellite data into the daily workflows of commercial enterprises and sovereign governments worldwide.