Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX) Covered Calls

Seagate Technology Holdings PLC - Ordinary Shares (Ireland) covered calls Seagate Technology is a world leader in mass-capacity data storage solutions. The company designs, manufactures, and sells a broad range of data storage products, including hard disk drives, solid-state drives, and storage systems. As a key architect of the global data ecosystem, Seagate focuses on high-capacity enterprise drives and innovative areal-density technologies to support cloud, edge, and retail storage markets.

You can sell covered calls on Seagate Technology Holdings PLC - Ordinary Shares (Ireland) 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 STX (prices last updated Fri 4:16 PM ET):

Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
425.99 -5.18 425.50 427.50 3.6M 49 94
Covered Calls For Seagate Technology Holdings PLC - Ordinary Shares (Ireland) (STX)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 425 15.70 411.80 3.2% 146%
Mar 20 430 37.20 390.30 9.5% 96.3%
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Seagate Technology Holdings plc is a cornerstone of the global digital infrastructure, specializing in the precision engineering of hard disk drives (HDDs) and mass-capacity storage solutions. Founded in 1978 and headquartered in Dublin, Ireland, with executive offices in Singapore, Seagate has evolved from a PC component supplier into an enterprise-focused storage powerhouse that powers the world’s largest hyperscale data centers.

The company’s operations are organized into three primary market segments:

  1. Mass Capacity Storage: The firm’s core growth engine, providing high-capacity "Nearline" enterprise drives to cloud service providers and large-scale data centers using advanced Heat-Assisted Magnetic Recording (HAMR) technology.
  2. Legacy and Client Storage: Serving traditional markets including desktop and notebook computers, video surveillance systems, and gaming consoles where reliable, cost-effective storage remains essential.
  3. Systems and Services: Operating the Lyve edge-to-cloud platform, which offers modular hardware and software solutions to help enterprises manage, move, and store massive datasets across hybrid environments.

The competitive landscape for Seagate is defined by a practical duopoly in the high-capacity HDD market. Its primary rival across both consumer and enterprise sectors is Western Digital. In the broader memory and flash storage space, it frequently competes with Micron Technology. Additionally, as enterprises shift toward integrated hybrid cloud architectures, Seagate vies for infrastructure budgets against storage software and system leaders like NetApp.

Strategic Outlook and Innovation

Seagate is currently executing a strategy centered on "Areal Density Leadership," pioneered by its Mozaic 3+ platform. This technology allows the firm to pack more data onto a single platter, significantly reducing the total cost of ownership (TCO) for data center customers and improving energy efficiency per terabyte. Innovation efforts are focused on the aggressive ramp of HAMR-based products, which are designed to push drive capacities beyond 30 and 40 terabytes in the coming years. The company is also integrating AI-driven predictive analytics into its manufacturing process to enhance yield and reliability. By transitioning to a more "subscription-like" mass-storage-as-a-service model via its Lyve platform, Seagate intends to reduce its exposure to traditional hardware cycles and capture a larger share of the exponential growth in AI-generated data, positioning itself as the primary repository for the world’s expanding exabyte requirements.