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

DXLG covered call calculator

Prefilled from DXLG’s delayed chain: a near-30-delta contract at the mid, 124 days out. Adjust anything — the arithmetic updates live.

Prefilled from DXLG’s delayed chain (as of Aug 15, 11:10 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$5.001 contract × $0.05 × 100
Return if flat7.81%24.8% annualized · stock unchanged at expiry
Return if called298.19%5739.7% annualized · called away at $2.50
Breakeven$0.59cost basis minus premium
Downside cushion7.81%premium as % of stock price
Max profit$190.96capped at the $2.50 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: DXLG max pain & open interest · DXLG workspace · earnings calendar · the plain calculator

DXLG covered call FAQ

What does the DXLG covered call calculator prefill?

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

How is a DXLG covered call return calculated?

Premium collected divided by your DXLG 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.