Viavi Solutions Inc. (VIAV) Covered Calls
Viavi Solutions Inc. is a global provider of network test, monitoring, and assurance solutions. The company specializes in delivering high-performance instruments and software for telecommunications, data centers, and aerospace industries. Additionally, it develops advanced optical technologies and thin-film coatings used in anti-counterfeiting, 3D sensing, and automotive applications.
You can sell covered calls on Viavi Solutions 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 VIAV (prices last updated Tue 4:16 PM ET):
| Viavi Solutions Inc. (VIAV) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 29.72 | +0.48 | 29.50 | 30.00 | 5.1M | - | 6.8 |
| Covered Calls For Viavi Solutions Inc. (VIAV) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 30 | 1.20 | 28.80 | 4.2% | 139% | |
| Apr 17 | 30 | 2.15 | 27.85 | 7.7% | 72.1% | |
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Core Business and Products
Viavi Solutions operates through two primary divisions: Network and Service Enablement (NSE) and Optical Security and Performance (OSP). The NSE segment provides essential testing and monitoring equipment for fiber, 5G wireless, and hyperscale data center environments. Its flagship products include the T-BERD line of handheld network testers and the Observer platform for enterprise performance management. The OSP segment leverages the company’s expertise in thin-film coatings to produce security pigments for currency anti-counterfeiting and optical filters for 3D sensing technology, which are critical for facial recognition and autonomous driving systems.
Competitive Landscape
The network testing and optical security sectors are highly specialized, requiring significant R&D and proprietary technology. Viavi competes for enterprise and government contracts against several publicly traded technology firms. Key rivals with active options markets on major exchanges include Keysight Technologies, Inc. and NetScout Systems, Inc.. In the broader optical and semiconductor testing space, it faces competition from Teradyne, Inc. and Applied Materials, Inc.. While specialized firms like Anritsu or Spirent provide direct product competition, Viavi's integrated hardware and software approach positions it as a key partner for hyperscalers building AI infrastructure.
Strategic Outlook and Innovation
The company’s strategic focus is on the expansion of its AI data center ecosystem and the integration of high-speed Ethernet validation tools (up to 1.6T). Innovation efforts are currently directed toward AI-driven network architectures and hollow-core fiber monitoring to support the massive bandwidth demands of large-scale language models. Management is also prioritizing a global restructuring plan to optimize operational efficiencies and reinvest in aerospace and defense applications. The long-term outlook for Viavi depends on its ability to maintain its market share in the evolving 5G and 6G wireless cycles while scaling its high-margin anti-counterfeiting and 3D sensing business.
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Want more examples? VHT Covered Calls | VICE Covered Calls
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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.
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