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

EGBN covered call calculator

Prefilled from EGBN’s delayed chain: a near-30-delta contract at the mid, 311 days out. Adjust anything — the arithmetic updates live.

Prefilled from EGBN’s delayed chain (as of Oct 11, 10:43 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$215.001 contract × $2.15 × 100
Return if flat7.62%9.0% annualized · stock unchanged at expiry
Return if called31.64%38.1% annualized · called away at $35.00
Breakeven$26.07cost basis minus premium
Downside cushion7.62%premium as % of stock price
Max profit$893.00capped at the $35.00 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: EGBN max pain & open interest · EGBN workspace · earnings calendar · the plain calculator

EGBN covered call FAQ

What does the EGBN covered call calculator prefill?

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

How is a EGBN covered call return calculated?

Premium collected divided by your EGBN 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.