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

BNO covered call calculator

Prefilled from BNO’s delayed chain: a near-30-delta contract at the mid, 156 days out. Adjust anything — the arithmetic updates live.

Prefilled from BNO’s delayed chain (as of Nov 10, 1:31 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$330.001 contract × $3.30 × 100
Return if flat5.66%13.7% annualized · stock unchanged at expiry
Return if called34.31%99.4% annualized · called away at $75.00
Breakeven$55.00cost basis minus premium
Downside cushion5.66%premium as % of stock price
Max profit$2,000.00capped at the $75.00 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: BNO max pain & open interest · BNO workspace · earnings calendar · the plain calculator

Coverage receipt // what this page has for BNO

Read from the Cboe delayed options chain, as of Nov 10, 1:31 PM ET. 3 held, 2 not held.

  • Underlying price (prefilled)58.30 USD
    REPORTED Cboe delayed options chain; as of chain read Nov 10, 1:31 PM ET.
  • Call near 30 delta (prefilled)75.00 USD strike, 3.30 USD mid
    REPORTED Cboe delayed options chain; as of chain read Nov 10, 1:31 PM ET.
  • Put near 30 delta (prefilled)55.00 USD strike, 5.65 USD mid
    REPORTED Cboe delayed options chain; as of chain read Nov 10, 1:31 PM ET.
Not on this page
  • Live quotes and fills: the chain is delayed; the price you get is your broker’s.
  • Dividends and early assignment: not modelled; a call can be assigned early before an ex-dividend date.
BNO covered call FAQ

What does the BNO covered call calculator prefill?

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

How is a BNO covered call return calculated?

Premium collected divided by your BNO 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.