Virgin Galactic Holdings, Inc. (SPCE) Covered Calls

Virgin Galactic is an aerospace and space travel company pioneering human spaceflight for private individuals and researchers. The company operates a vertically integrated system featuring a carrier aircraft and a suborbital spaceplane designed to provide passengers with several minutes of weightlessness and views of Earth from space. Its current focus is the development and flight testing of its next-generation Delta Class vehicle fleet.

You can sell covered calls on Virgin Galactic Holdings, 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 SPCE (prices last updated Fri 4:16 PM ET):

Virgin Galactic Holdings, Inc. (SPCE) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
2.56 +0.01 2.52 2.58 1.9M - 0.2
Covered Calls For Virgin Galactic Holdings, Inc. (SPCE)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 2.5 0.09 2.49 0.4% 18.3%
Mar 20 2.5 0.30 2.28 9.6% 97.3%
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Virgin Galactic Holdings, Inc. is a vertically integrated aerospace firm dedicated to the commercialization of suborbital human spaceflight. Unlike traditional vertical-launch rockets, the company utilizes a unique air-launch system consisting of a twin-fuselage carrier aircraft and a winged spaceplane, which releases at high altitude to ignite its hybrid rocket motor and ascend to the edge of space.

The company’s operations are currently centered on a multi-stage transition toward high-frequency commercial service:

  1. Delta Class Development: Engineering and manufacturing a new fleet of production-model spaceships designed for rapid turnaround and significantly lower maintenance costs compared to early prototypes.
  2. Mothership Platform: Operating and evolving the carrier aircraft fleet, which serves as the "first stage" of the flight profile, providing a reusable launch platform for the Delta vehicles.
  3. Astronaut Experience: Managing a multi-year manifest of "Future Astronauts" through a membership program that includes training, flight preparation, and suborbital mission execution.

The competitive landscape for human spaceflight is divided between orbital missions and suborbital tourism. Virgin Galactic competes for high-net-worth individuals and research payloads alongside private firms like Blue Origin and SpaceX. In the broader aerospace and defense manufacturing sector, the company shares technical and engineering overlap with Rocket Lab, Boeing, and Lockheed Martin. While traditional contractors focus on government satellites and defense, Virgin Galactic remains focused on the emerging experience-based space economy.

Strategic Outlook and Innovation

Virgin Galactic is focused on achieving a monthly, and eventually weekly, flight cadence through the industrialization of its Delta Class spaceships. By shifting from a prototype-heavy operation to a standardized manufacturing model, the company aims to significantly improve its unit economics and path to profitability. Innovation efforts are currently directed toward advanced carbon-fiber composites and enhanced hybrid propulsion systems that allow for modular "plug-and-play" maintenance. The company is also exploring the secondary utility of its carrier aircraft as high-altitude testbeds for government and research applications, potentially diversifying its revenue beyond tourism to include long-duration intelligence and atmospheric research missions.