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.