Garrett Motion Inc. (GTX) Covered Calls

Garrett Motion Inc. is a leading automotive technology provider specializing in turbocharging and electric-boosting systems. Headquartered in Switzerland, the company serves global OEMs with aerospace-inspired engineering for gasoline, diesel, and hybrid powertrains. Garrett is also a pioneer in zero-emission solutions, including hydrogen fuel cell compressors and high-speed industrial cooling.

You can sell covered calls on Garrett Motion 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 GTX (prices last updated Tue 4:16 PM ET):

Garrett Motion Inc. (GTX) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
20.27 +0.99 18.30 20.77 2.3M 13 3.7
Covered Calls For Garrett Motion Inc. (GTX)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Mar 20 20 0.50 20.27 -0.9% -13.1%
Apr 17 20 1.10 19.67 2.1% 14.5%
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Garrett Motion Inc. (GTX) is a global leader in turbocharging and advanced propulsion systems, maintaining a dominant market share for new turbo business awards. The company’s core technology enables engine downsizing, improved fuel efficiency, and reduced emissions, making its products essential for the global transition to hybridized and high-efficiency internal combustion engines. Beyond its traditional automotive roots, Garrett is a key supplier for off-highway equipment, marine propulsion, and high-output power generation markets.

In early 2026, Garrett has successfully diversified into Zero-Emission and Industrial Technology. A key strategic pillar involves oil-free centrifugal compressor technology, which is being integrated into high-efficiency commercial HVAC systems through partnerships with climate innovation leaders. Additionally, the company has launched the MEG Turbo platform for large-frame marine and power generation engines, reducing reliance on the light vehicle sector. The company utilizes its strong free cash flow to fund a disciplined capital allocation plan, focusing on share repurchases and consistent dividends to deliver long-term shareholder value.

Competitive Landscape

The competitive landscape for Garrett Motion consists of global automotive Tier 1 suppliers and specialized propulsion technology firms. Primary rivals that are publicly traded on the NYSE or NASDAQ and offer highly active options markets include BorgWarner Inc. and Dana Incorporated. BorgWarner is the most direct competitor in the turbocharging and electrification space, particularly for hybrid and battery-electric vehicle platforms.

Other notable competitors in the propulsion and thermal management sectors with active options trading include Lear Corporation and Phinia Inc.. Garrett distinguishes itself through its engineering heritage in high-speed rotating machinery. This expertise allows the company to develop hydrogen fuel cell compressors that are significantly smaller and more efficient than those of competitors, providing a critical technology moat as heavy-duty transport shifts toward carbon-free propulsion.

Strategic Outlook

Strategic innovation is currently focused on the development of high-speed E-powertrains for electrified commercial vehicles. By early 2026, the company has prioritized its E-Cooling vertical, providing advanced thermal management for electric bus and truck fleets. These initiatives are designed to ensure a significant portion of the company’s R&D investment is directed toward zero-emission technologies, insulating the business from the long-term decline of traditional gasoline engines.

The long-term outlook involves transforming Garrett into a broader industrial technology firm, targeting expansion into non-automotive cooling and industrial compressor applications. Management is prioritizing a disciplined capital structure, aiming to maintain low leverage while continuing to invest in proprietary technology. By leveraging its leadership in high-speed centrifugal compressors and its "Innovability" framework, Garrett Motion aims to remain a vital partner for the global transport and industrial sectors as they move toward a fully decarbonized future.