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

ARDX covered call calculator

Prefilled from ARDX’s delayed chain: a near-30-delta contract at the mid, 816 days out. Adjust anything — the arithmetic updates live.

Prefilled from ARDX’s delayed chain (as of Oct 26, 1:04 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$278.001 contract × $2.78 × 100
Return if flat89.59%33.1% annualized · stock unchanged at expiry
Return if called118.49%41.9% annualized · called away at $4.00
Breakeven$0.32cost basis minus premium
Downside cushion89.59%premium as % of stock price
Max profit$367.69capped at the $4.00 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: ARDX max pain & open interest · ARDX workspace · earnings calendar · the plain calculator

ARDX covered call FAQ

What does the ARDX covered call calculator prefill?

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

How is a ARDX covered call return calculated?

Premium collected divided by your ARDX 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.