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

CHGG covered call calculator

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

Prefilled from CHGG’s delayed chain (as of Aug 16, 1:21 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$48.001 contract × $0.48 × 100
Return if flat60.90%39.5% annualized · stock unchanged at expiry
Return if called87.77%55.4% annualized · called away at $1.00
Breakeven$0.31cost basis minus premium
Downside cushion60.90%premium as % of stock price
Max profit$69.18capped at the $1.00 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: CHGG max pain & open interest · CHGG workspace · earnings calendar · the plain calculator

CHGG covered call FAQ

What does the CHGG covered call calculator prefill?

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

How is a CHGG covered call return calculated?

Premium collected divided by your CHGG 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.