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

DBP covered call calculator

Prefilled from DBP’s delayed chain: a near-30-delta contract at the mid, 153 days out. Adjust anything — the arithmetic updates live.

Prefilled from DBP’s delayed chain (as of Aug 15, 2:30 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$575.001 contract × $5.75 × 100
Return if flat5.70%14.1% annualized · stock unchanged at expiry
Return if called10.80%27.7% annualized · called away at $106.00
Breakeven$95.10cost basis minus premium
Downside cushion5.70%premium as % of stock price
Max profit$1,089.59capped at the $106.00 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: DBP max pain & open interest · DBP workspace · earnings calendar · the plain calculator

DBP covered call FAQ

What does the DBP covered call calculator prefill?

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

How is a DBP covered call return calculated?

Premium collected divided by your DBP 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.