Allegro MicroSystems, Inc. (ALGM) Covered Calls

Allegro MicroSystems, Inc. is a leading global designer and manufacturer of sensor integrated circuits and application-specific analog power ICs. The company specializes in magnetic sensing and power management solutions for the automotive and industrial markets. Its technology supports high-growth areas such as electric vehicles, data center efficiency, and industrial automation.

You can sell covered calls on Allegro MicroSystems, 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 ALGM (prices last updated Tue 4:16 PM ET):

Allegro MicroSystems, Inc. (ALGM) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
39.04 +0.56 38.30 40.17 1.8M - 7.1
Covered Calls For Allegro MicroSystems, Inc. (ALGM)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Mar 20 40 1.85 38.32 4.4% 64.2%
Apr 17 40 2.75 37.42 6.9% 47.5%
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Core Business and Products

Allegro MicroSystems is a premier provider of magnetic sensor ICs and power semiconductor solutions. The company’s portfolio is primarily centered on two high-margin technologies: magnetic sensors that measure motion, speed, and position, and power ICs that regulate motor drives and power conversion. Allegro has established itself as a critical supplier for e-Mobility, where its sensors are essential for electric vehicle (EV) powertrain efficiency and advanced driver assistance systems (ADAS). Beyond automotive, the company provides ultra-low-loss isolated current sensors for the data center ecosystem, helping to optimize thermal management and power density in high-performance computing environments.

Competitive Landscape

The specialty semiconductor market is characterized by high technical barriers and long design-in cycles that favor established incumbents. Allegro competes against diversified global chipmakers and specialized analog firms for space on the printed circuit boards of major OEMs. Key rivals with active options markets on major exchanges include Analog Devices, Inc., Texas Instruments Incorporated, and Microchip Technology Inc.. In the power management and automotive sensing space, it also faces competition from ON Semiconductor Corporation and Qorvo, Inc.. Allegro differentiates itself through its "automotive grade" reliability and its leadership in Tunneling Magnetoresistance (TMR) technology, which offers higher sensitivity and lower power consumption than traditional sensing methods.

Strategic Outlook and Innovation

Allegro’s long-term strategy is focused on content expansion per platform, particularly as vehicles transition from internal combustion engines to electrified architectures. The company is committed to maintaining its leadership in the TMR sensor market, leveraging its proprietary process technology to drive broader adoption in clean energy and automation. Innovation efforts are directed toward high-voltage power management and high-bandwidth sensors that meet the rigorous safety standards of autonomous systems. By focusing on differentiated, higher-value products, the company aims to sustain its market share in the industrial and automotive sectors. The long-term success of the firm depends on its ability to navigate global supply chain dynamics while continuing to outpace broader market growth through superior sensor precision and energy-efficient power IC designs.