Versant Media Group, Inc. - Class A (VSNT) Covered Calls
Versant Media Group Inc. is an independent media company formed via the 2026 spinoff of Comcast’s cable networks. The company operates a premier portfolio of news, sports, and entertainment brands, including USA Network, CNBC, MSNBC, Oxygen, and SYFY. It also owns leading digital platforms such as Fandango and Rotten Tomatoes. Versant focuses on high-value content and digital engagement to drive growth across the evolving global media landscape.
You can sell covered calls on Versant Media Group, 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 VSNT (prices last updated Fri 4:16 PM ET):
| Versant Media Group, Inc. - Class A (VSNT) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 37.55 | -0.10 | 37.16 | 38.29 | 2.9M | - | 5.4 |
| Covered Calls For Versant Media Group, Inc. - Class A (VSNT) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 40 | 0.10 | 38.19 | 0.3% | 13.7% | |
| Apr 17 | 40 | 0.05 | 38.24 | 1.1% | 11.2% | |
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Versant Media Group Inc. (VSNT) is a pure-play media leader that emerged in early 2026 as an independent, publicly traded entity. The company comprises a "best-in-class" collection of cable networks and digital commerce platforms that were formerly part of NBCUniversal.
Investment Strategy and Portfolio
VSNT operates across four core pillars: news and opinion, business and personal finance, sports and athletics, and genre entertainment. Its linear portfolio is anchored by the #1 cable entertainment network, USA Network, and the leading business news brand, CNBC. Beyond traditional television, the company owns a suite of high-traffic digital assets, including Fandango, Rotten Tomatoes, and GolfNow. As of March 2026, management is focused on "leveraging the legacy" of these brands while aggressively transitioning to a direct-to-consumer and ad-supported streaming future.
Competitive Landscape
As a standalone media firm, VSNT competes for viewership and ad dollars with traditional giants and streaming specialists. Its primary peers include Warner Bros. Discovery, Paramount Skydance, and Fox Corporation. It also faces competition from its former parent, Comcast, and The Walt Disney Company. These companies all feature highly liquid options markets, providing a robust environment for volatility-based trading and income-generation strategies within the media sector.
Strategic Outlook and Performance
The outlook for VSNT is driven by its ability to manage the transition from "linear" cable TV to digital platforms. Since its debut, the company has announced a $1 billion share repurchase authorization and a competitive quarterly dividend of $0.375 per share. Innovation at Versant is centered on its "SportsEngine" and "GolfPass" ecosystems, which offer high-margin subscription revenue. While the broader cable industry faces headwinds from "cord-cutting," Versant’s lean corporate structure and ownership of "must-have" news and sports content provide a defensive moat that many of its more debt-laden peers lack.
Management, led by CEO Mark Lazarus, utilizes a disciplined operational approach to maintain healthy EBITDA margins. For covered call writers, VSNT offers a compelling "new-issue" profile: the stock has experienced significant price discovery and 50%+ implied volatility in its first quarter of independence, leading to rich option premiums. Its high-quality asset base and strong balance sheet make it a popular choice for investors seeking to harvest yield from a diversified media portfolio while participating in the potential consolidation of the entertainment industry.
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Want more examples? VSH Covered Calls | VSS Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
