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Best Options Strategy for CHPT

By Yojana Mandon · Updated 2026 · 2 min read · Risk disclaimer

Looking for the best options strategy for ChargePoint (CHPT)? There is no single answer — the right play depends on your outlook, your risk tolerance and current implied volatility. Below, our free engine shows the highest-scoring defined-risk strategy on the live CHPT option chain right now, and a simple map from your view on CHPT to the strategy that fits it. Model any of them in the calculator before you trade.

About CHPT

ChargePoint (CHPT) is a major company in electric-vehicle charging networks. Options traders on CHPT tend to watch EV adoption trends, charging infrastructure spending and funding and dilution, since these can drive large moves in the share price.

CHPT for options traders

ChargePoint is a pure-play on the electric-vehicle charging network, and that positioning keeps its implied volatility running well above the broad market. It is a growth-stage infrastructure name still working toward sustained profitability, so the stock trades as a leveraged read on the pace of EV adoption itself — when charging demand and utilization narratives shift, the equity swings hard. The catalysts that move it are fairly specific: the trajectory of EV sales and adoption trends, the cadence of public and private charging-infrastructure spending, and above all funding and dilution risk, since a capital raise or convertible can reset the share count overnight. Options liquidity is solid for a small-cap: near-the-money front-month strikes trade actively, though far-dated and deep out-of-the-money lines can widen.

Because IV tends to sit rich, many traders lean on premium-selling structures — iron condors, short strangles, covered calls against existing stock, or cash-secured puts — to harvest that elevated pricing during quieter stretches between catalysts. The catch is gap risk: a dilutive financing, a guidance cut, or a shift in the EV-demand story can jump CHPT well past the range a short-premium position assumed, so defined-risk condors are often favored over naked strangles here. For directional or event plays, long calls, debit spreads, and straddles let traders express a view on a binary catalyst with capped cost. Anyone selling puts should respect assignment risk on a dilutive, lower-priced name, and premium sellers must weigh theta decay against the ever-present chance of an outsized overnight move.

Today's top-scoring strategy for CHPT

Our engine ranks defined-risk strategies on the live CHPT chain by probability of profit and risk/reward, then surfaces the best-scoring one. It is an educational illustration, not advice.

Long Call Butterfly neutral
Price: $100.00Implied volatility: 55%Expiration: 2026-07-17 (30d)
ActionQtyTypeStrikePremium
BuyCALL$95$9.14
SellCALL$100$6.44
BuyCALL$105$4.37
P/L at expiry vs today At expiry Today ±1σ
$82$100$118
Max Profit
$438
Max Loss
−$62
Net Debit (cost)
$62
Breakeven(s)
$95.62, $104.38
Position Greeks
Δ
0.29
Γ
−0.249
Θ
1.03
ν
−1.13
Time decay (price held)

Simulation

Forward simulation of 6,000 lognormal price paths to expiration — not a historical backtest.

Win rate
21%
Mean P/L
−$2
Median
−$62
Exp. move (1σ)
16%
5th pct
−$62
25th pct
−$62
75th pct
−$62
95th pct
$330

Strategy analysis

Simulated price paths (time × price)
now $100BE $96BE $104$76$102$1280d15d30d
$-56$187$430

Greeks vs price

Δ — $ P/L per $1 move in the underlying (share-equivalent exposure).
Θ — $ P/L per day from time decay.
ν — $ P/L per +1% in implied volatility.
Γ — how fast delta changes per $1 move.

Price × volatility (today)

−30%−15%IV+15%+30%
$125−$49−$41−$37−$34−$33
$120−$37−$30−$27−$26−$27
$115−$19−$16−$17−$19−$22
$110$2−$3−$8−$13−$17
$105$20$8−$1−$9−$14
$100$26$11$0−$8−$14
$95$16$4−$4−$11−$17
$90−$8−$11−$15−$19−$22
$85−$33−$29−$28−$29−$30
$80−$51−$45−$41−$39−$38
$75−$60−$56−$52−$49−$47
Analyze CHPT in the calculator → Share this pick ↗

Illustrative example at CHPT's latest available price, computed with the same engine as the tool. Live option fills and the real IV skew refresh during US market hours.

Implied volatility

CHPT typically trades with elevated implied volatility, so its options carry richer premiums. Implied volatility drives option prices, so it is worth checking the live chain before you trade.

CHPT insider trading activity (SEC Form 4)

Open-market insider transactions at CHPT over roughly the last six months, from SEC Form 4 filings. Open-market buys are the rarer, more telling signal — routine selling under pre-arranged plans is common, so read a net-selling figure with that in mind.

Open-market buys
1 · $250K
Open-market sells
9 · $254K
Net (buy − sell)
−$4K
InsiderActionSharesValueDate
Novruzova Natella FakhradovnaSell2,242$16K2026-06-23
Batill EricSell4,979$36K2026-06-23
Vice John DavidSell4,072$29K2026-06-23
Singh Jagdeep CASell9,719$69K2026-06-23
Khetani MansiSell8,152$58K2026-06-23
Wilmer RichardBuy46,847$250K2026-04-13

Source: SEC Form 4 filings via Finnhub. Open-market purchases (P) and sales (S) only — grants, option exercises, gifts and tax withholding are excluded. Informational context, not investment advice.

Earnings & IV crush

CHPT's next earnings report is due around September 2, 2026. Options that expire after it price in a binary move, so their implied volatility is elevated and usually collapses right after the announcement — an "IV crush". If your expiration falls before this date, the trade sidesteps the event.

Key figures

Market cap
$137M
Beta (vs market)
1.76
52-week range
$4.44–$12.61
Short interest
22.6% of float · 14.4 days to cover

With 22.6% of CHPT's float sold short, squeeze and gap risk are elevated — one reason its options can stay expensive.

How to choose an options strategy for CHPT

Start with your outlook on CHPT, then match it to a defined-risk structure. Here are the most common choices and when each makes sense:

Bullish

You expect CHPT to rise

Buy a call for leverage with capped risk, or a bull call spread to lower the cost and breakeven when you have a target price.

Long Call → Bull Call Spread →

Bearish

You expect CHPT to fall

Buy a put to profit from a decline with defined risk, or a bear put spread to cheapen the trade when you expect a measured move down.

Long Put → Bear Put Spread →

Neutral

You expect CHPT to trade in a range

Sell an iron condor to collect premium while CHPT stays between two strikes, or write a covered call against shares you already own.

Iron Condor → Covered Call →

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How we pick the best strategy

For each ticker we pull the live option chain, build every supported strategy around the at-the-money strikes, and score them on probability of profit, risk/reward and capital efficiency — favouring defined-risk structures where the maximum loss is known up front. Methodology →

Open CHPT in the free calculator →

Frequently asked questions

What is the best options strategy for CHPT?

It depends on your outlook. Bullish traders often use a long call or bull call spread on CHPT; bearish traders a long put or bear put spread; neutral traders an iron condor or covered call. Our live scan above shows the current highest-scoring defined-risk play.

Are CHPT options liquid enough to trade?

ChargePoint (CHPT) is among the most actively-traded US options, which usually means tight bid/ask spreads and plenty of strikes and expirations — though you should always check the open interest and spread on the exact contract.

How much money do I need to trade CHPT options?

Buying a single CHPT call or put can cost as little as the premium (often one to a few hundred dollars), while income strategies like a cash-secured put need enough capital to buy 100 shares if assigned.

Is this financial advice?

No. Everything here is educational and uses delayed, third-party data. It is not a recommendation to trade CHPT or any security. Do your own research.

What does ChargePoint do?

ChargePoint (CHPT) operates in the Specialty Retail industry. The "About ChargePoint" section above gives a fuller picture of what the company does and how it earns money.

Does ChargePoint pay a dividend?

We don't show a confirmed dividend yield for ChargePoint here, so treat it as uncertain: before writing calls, check its current dividend and ex-dividend date with your broker — an approaching ex-dividend date can trigger early assignment on in-the-money short calls.

When does ChargePoint next report earnings?

ChargePoint's next earnings are expected around September 2, 2026. Implied volatility usually climbs into the report and drops sharply afterwards (IV crush) — important for any options position held over the date.

Tickers related to CHPT

Comparing CHPT with similar names can help you choose the best options strategy:

RIVNRivianLCIDLucid GroupQSQuantumScape

Company information

Headquarters
240 East Hacienda Avenue, Campbell, CA, 95008, United States
Industry
Specialty Retail
Employees
1,440
CEO
Mr. Richard Wilmer
Phone
408 841 4500
Website
www.chargepoint.com

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Educational use only. Quotes are delayed ~15 minutes and nothing here is financial advice. Options trading involves substantial risk of loss. Privacy · Terms.