LSCC wheel: cash-secured put & covered-call yields
Lattice Semiconductor Corp · Technology · $112.35 close on Nov 13, 2026
What the Nov 13, 2026 close says about LSCC
At 70.9% implied volatility, the options market is pricing a one-standard-deviation move of about $24.68 (22.0%) in LSCC by Dec 18, 2026, 35 days out.
Selling the $105 put (−0.33Δ) for $6.40 means assignment would leave a cost basis of $98.60, 12.2% below the $112.35 close.
The 63-day 0.30Δ put pays 1.1× the premium of the 35-day one for 1.8× the time — more premium per day on the 35-day contract ($0.183 vs $0.112).
At 0.30Δ on the Dec 18 expiry the put yields 6.10% on its strike and the call 3.24% on spot: puts pay 1.9× what calls do on LSCC this session.
Moving down to the $95 put (−0.18Δ) buys 8.9% more room below spot and keeps 48% of the 0.30Δ premium.
Open interest in the stored window totals 9,616 contracts; the largest single line is the $120 call expiring Jan 15 with 2,528 (26.3% of the window).
By options volume LSCC ranks #153 of 679 names in our universe.
Near-the-money options volume (527) is in line with its 4-session average.
The builder re-quotes every leg from the live chain when it opens; tracking is free to start.
Cash-secured puts on LSCC
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $105 | −0.33 | $6.40 Nov 13 | $640.00 | $10,500 | 6.10% | 63.6% | $98.60 | 97 | 283 |
| 0.20Δ | $95 | −0.18 | $3.10 Nov 13 | $310.00 | $9,500 | 3.26% | 34.0% | $91.90 | 176 | 64 |
Snapshot #9701 · session 2026-11-13 · captured 22:11 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 35
| Target | Strike | Δ | Last trade | Premium / contract | Cash secured | Period yield | Annualized | Breakeven | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $100 | −0.28 | $7.03 Nov 13 | $703.00 | $10,000 | 7.03% | 40.7% | $92.97 | 86 | 1 |
| 0.20Δ | $90 | −0.18 | $3.40 Nov 13 | $340.00 | $9,000 | 3.78% | 21.9% | $86.60 | 33 | 1 |
Snapshot #9701 · session 2026-11-13 · captured 22:11 UTC · 15-min delayed · yield = premium ÷ strike · annualized = yield × 365 ÷ 63
Covered calls on LSCC
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $130 | 0.29 | $3.64 Nov 13 | $364.00 | 3.24% | 33.8% | 18.95% | 197.6% | 42 | 1 |
| 0.20Δ | Unavailable1 | |||||||||
Snapshot #9701 · session 2026-11-13 · captured 22:11 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 35
| Target | Strike | Δ | Last trade | Premium / contract | Yield on spot | Annualized | If called | If called, ann. | OI | Volume |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.30Δ | $140 | 0.25 | $4.20 Nov 13 | $420.00 | 3.74% | 21.7% | 28.35% | 164.2% | 353 | 1 |
| 0.20Δ | $150 | 0.18 | $2.85 Nov 13 | $285.00 | 2.54% | 14.7% | 36.05% | 208.8% | 373 | 1 |
Snapshot #9701 · session 2026-11-13 · captured 22:11 UTC · 15-min delayed · yield = premium ÷ spot · if called = (premium + strike − spot) ÷ spot · annualized × 365 ÷ 63
LSCC volatility, dividends and liquidity
- Implied volatility (ATM, ≈30 days)
- 70.9%session 2026-11-13
- IV rank / IV percentile
- Unavailable2
- Next earnings
- Unavailable3
- Next ex-dividend
- None announcedchecked Nov 9, 2026
- Open interest, stored window
- 9,616 contractssession 2026-11-13
- Largest open-interest line
- $120 call · Jan 15 · 2,528
- Bid/ask spread
- Unavailable4
- Options liquidity rank
- #153 of 679 optionable names by options volume
How these numbers are made
One end-of-day snapshot per session from a 15-minute-delayed feed. A premium is a contract’s last trade, used only if it printed that session, sits above intrinsic value and is in order with its neighbours; deltas are the feed’s own. Expiries are the first at least 30 and 60 days out, and nothing under 30 days is annualized. Not investment advice. Full methodology.
- No contract near 0.20Δ traded this session
- We are building our own daily implied-volatility history (5 of 252 sessions so far); IV rank and percentile need a full year of it.
- Our data provider does not license announced earnings dates, and we do not publish estimates.
- Our data feed carries last trades, not live bid/ask quotes, so we cannot show a spread.