Covered Call Calculator
Calculate returns, break-even, and scenarios for covered call options strategies.
Stock Position
$
$
x 100 shares
Call Option Details
$
$
days
$
Premium Income
$200.00
Moderate - Slightly OTM, balanced
Max Return If Assigned
$900.00
Annualized Return
228.1%
Return Scenarios
If Assigned (Called Away)$900.00
Stock sold at $55 + $2 premium = 18.75% return
If Expires Worthless$200.00
Keep stock + premium = 4.17% (50.7% annualized)
Position Analysis
Effective Cost Basis$46.00
Break-Even Price$46.00
Downside Protection4.17%
Static Return (if called)18.75%
Price Scenarios at Expiration
$46.75Below cost basis
+$75.00(keep stock)
$48.00At purchase price
+$200.00(keep stock)
$55.00At strike price
+$900.00(assigned)
$60.50Above strike
+$900.00(assigned)
Covered Call: Sell upside potential above $55.00 in exchange for $200.00 immediate income.