Premium seller // AKBA covered calls & cash-secured puts

AKBA covered call calculator

Prefilled from AKBA’s delayed chain: a near-30-delta contract at the mid, 523 days out. Adjust anything — the arithmetic updates live.

Prefilled from AKBA’s delayed chain (as of Aug 14, 1:42 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$20.001 contract × $0.20 × 100
Return if flat22.93%15.5% annualized · stock unchanged at expiry
Return if called782.93%357.3% annualized · called away at $7.50
Breakeven$0.67cost basis minus premium
Downside cushion22.93%premium as % of stock price
Max profit$682.79capped at the $7.50 strike

Annualized figures compound the period return over 365 days and assume repeatability, which real markets do not promise. Assignment can happen early; dividends and fees are not modeled. Educational arithmetic, not a recommendation.

Context before writing anything: AKBA max pain & open interest · AKBA workspace · earnings calendar · the plain calculator

AKBA covered call FAQ

What does the AKBA covered call calculator prefill?

A near-30-delta AKBA call (and put, for the cash-secured mode) at the bid/ask midpoint from the delayed Cboe chain, plus AKBA's delayed price and the days to that expiration. Every field stays editable.

How is a AKBA covered call return calculated?

Premium collected divided by your AKBA cost basis gives the return if flat; the capital gain up to the strike plus premium gives the return if called. Both are annualized over the days to expiration for comparison.

Is this live data?

The prefill uses delayed (~15 minute) quotes, labeled with their as-of time. Check live quotes at your broker before trading; this page is educational arithmetic, not a recommendation.