PureCycle Technologies, Inc. - Common stock (PCT) Covered Calls

PureCycle Technologies is a leader in advanced plastic recycling, utilizing a patented dissolution process to transform polypropylene waste into high-quality, ultra-pure recycled resin. The company removes color, odor, and contaminants from post-consumer plastic, producing a virgin-like material called PureFive. This circular economy solution enables global brands to meet sustainability goals while reducing reliance on fossil-fuel-based virgin plastics.

You can sell covered calls on PureCycle Technologies, Inc. - Common stock 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 PCT (prices last updated Tue 4:16 PM ET):

PureCycle Technologies, Inc. - Common stock (PCT) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
8.57 -0.09 8.44 8.61 3.9M - 1.6
Covered Calls For PureCycle Technologies, Inc. - Common stock (PCT)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Mar 20 8.5 0.65 7.96 6.8% 99.3%
Apr 17 9 0.90 7.71 11.7% 80.6%
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PureCycle Technologies (PCT) operates as an environmental technology firm focused on solving the global crisis of polypropylene (#5 plastic) waste. The company’s core business utilizes a unique purification process originally developed by Procter & Gamble, which restores waste plastic to a quality nearly identical to virgin resin. By focusing exclusively on polypropylene—one of the most widely used but least recycled plastics—the firm addresses a massive gap in the global material lifecycle, providing "circular" resin for everything from food packaging to automotive components.

The company is currently scaling its flagship production facility in Ironton, Ohio, while advancing development on a multi-line "cluster" site in Augusta, Georgia, and international expansions in Europe and Asia. Its business model relies on securing long-term feedstock supply agreements with waste management firms and off-take contracts with major consumer brands. This integrated approach allows the firm to capture premium pricing for its PureFive™ resin, which commands a higher value than traditional mechanical recyclate due to its food-grade purity and superior performance characteristics.

Competitive Landscape

The plastic recycling industry is undergoing a shift from mechanical sorting to advanced chemical and dissolution processes. PureCycle Technologies competes for high-value sustainable material mandates with large-scale chemical producers like Chemours and Methanex. In the broader specialty materials and additives space, it faces competition from Avient and Brookfield Asset Management, the latter through its extensive portfolio of circular economy investments.

The company differentiates itself by avoiding the high energy intensity and "downcycling" issues associated with thermal pyrolysis or traditional mechanical recycling. Its dissolution technology preserves the molecular structure of the plastic, allowing for repeated recycling cycles without degradation. This technical moat is strengthened by a robust patent portfolio and strategic partnerships with global leaders like TOPPAN and Churchill Container, which provide the firm with immediate commercial validation in the demanding food-contact packaging market.

Strategic Outlook and Innovation

Operational updates for early 2026 are highlighted by the successful integration of PureFive™ resin into high-visibility commercial applications, including food-service packaging for the 2026 College Football Playoff and a major snack-bar wrapper partnership with TOPPAN. These milestones prove the scalability of the company’s purification process in high-speed manufacturing environments. Management is also focused on the completion of the "Reliability Plan" at the Ironton facility, which aims to maximize production uptime and reach full nameplate capacity by the end of the fiscal year.

Looking forward, the company is prioritizing its asset-light international expansion, utilizing joint ventures in Thailand and South Korea to reduce capital expenditure while increasing global reach. The firm is also exploring the application of its technology to other polyolefins, potentially expanding its addressable market beyond polypropylene. With the appointment of Valerie Mars to the board in January 2026, the company is doubling down on its engagement with global CPG leaders. These efforts, combined with a focus on achieving positive operating cash flow in 2027, are intended to establish the firm as the dominant provider of high-purity recycled content for the global circular economy.