Solid Power, Inc. - Class A (SLDP) Covered Calls

Solid Power is a developer of all-solid-state rechargeable battery technology for the electric vehicle market. The company replaces flammable liquid electrolytes with a proprietary sulfide-based solid electrolyte to improve safety and energy density. Its business model focuses on producing and selling electrolyte material to battery manufacturers while licensing its cell designs and manufacturing processes to automotive partners for large-scale commercialization.

You can sell covered calls on Solid Power, Inc. - Class A 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 SLDP (prices last updated Fri 4:16 PM ET):

Solid Power, Inc. - Class A (SLDP) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
3.95 +0.20 3.95 3.96 5.1M - 0.7
Covered Calls For Solid Power, Inc. - Class A (SLDP)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 4 0.25 3.71 6.7% 163%
Mar 20 4 0.45 3.51 12.8% 109%
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Extended Business Description

Solid Power, Inc. is an industry-leading developer of next-generation all-solid-state battery (ASSB) technology. By focusing on the removal of volatile liquid electrolytes and replacing them with solid materials, the company aims to solve the critical challenges of range, safety, and cost that currently limit the mass adoption of electric vehicles (EVs).

Core Business and Products

  1. Sulfide-Based Solid Electrolytes: The company's primary product is its proprietary sulfide solid electrolyte. This material offers a balance of high ionic conductivity and manufacturability, allowing it to be integrated into existing lithium-ion production lines.
  2. All-Solid-State Battery Cells: Solid Power develops multi-layer battery cells, including designs with high-content silicon anodes and lithium-metal anodes. These cells are designed to offer significantly higher energy density compared to traditional liquid-based batteries.
  3. Technology Licensing: Beyond material sales, the company licenses its intellectual property and manufacturing processes to original equipment manufacturers (OEMs) and Tier 1 battery suppliers.

Competitive Landscape

The energy storage sector is intensely competitive, with numerous firms pursuing various chemical pathways. Solid Power competes directly with other solid-state innovators and advanced battery developers. Key publicly traded competitors include QuantumScape Corp, which utilizes a ceramic separator, and Enovix Corp, which focuses on 3D silicon-anode architectures. Other relevant competitors in the clean energy and electrical equipment space include Amprius Technologies Inc and Plug Power Inc. The company also maintains deep strategic partnerships with global automotive leaders such as BMW and Ford, as well as international battery manufacturers like SK On and Samsung SDI.

Strategic Outlook and Innovation

The company is focused on the transition from laboratory research to commercial-scale material production. A primary strategic objective is the commissioning of high-throughput continuous electrolyte production lines to meet the sampling requirements of its automotive partners. Innovation efforts are directed at refining the purity and conductivity of its sulfide electrolytes while optimizing the integration of these materials into standard roll-to-roll manufacturing equipment. By pursuing an asset-light business model—prioritizing the sale of electrolyte powder and technology licensing over high-capex battery factory construction—the company aims to achieve rapid scalability across the global EV supply chain. Future development goals include the validation of full-scale B-sample cells through rigorous vehicle-level testing and the exploration of its solid-state platform for specialized aerospace and stationary storage applications.