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

BORR covered call calculator

Prefilled from BORR’s delayed chain: a near-30-delta contract at the mid, 522 days out. Adjust anything — the arithmetic updates live.

Prefilled from BORR’s delayed chain (as of Aug 14, 5:56 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$50.001 contract × $0.50 × 100
Return if flat11.38%7.8% annualized · stock unchanged at expiry
Return if called138.91%83.9% annualized · called away at $10.00
Breakeven$3.89cost basis minus premium
Downside cushion11.38%premium as % of stock price
Max profit$610.50capped at the $10.00 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: BORR max pain & open interest · BORR workspace · earnings calendar · the plain calculator

BORR covered call FAQ

What does the BORR covered call calculator prefill?

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

How is a BORR covered call return calculated?

Premium collected divided by your BORR 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.