ALG covered call calculator
Prefilled from ALG’s delayed chain: a near-30-delta contract at the mid, 178 days out. Adjust anything — the arithmetic updates live.
Prefilled from ALG’s delayed chain (as of Sep 22, 6:35 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.
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: ALG max pain & open interest · ALG workspace · earnings calendar · the plain calculator
ALG covered call FAQ
What does the ALG covered call calculator prefill?
A near-30-delta ALG call (and put, for the cash-secured mode) at the bid/ask midpoint from the delayed Cboe chain, plus ALG's delayed price and the days to that expiration. Every field stays editable.
How is a ALG covered call return calculated?
Premium collected divided by your ALG 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.