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

FEIM covered call calculator

Prefilled from FEIM’s delayed chain: a near-30-delta contract at the mid, 201 days out. Adjust anything — the arithmetic updates live.

Prefilled from FEIM’s delayed chain (as of Aug 1, 11:00 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$620.001 contract × $6.20 × 100
Return if flat10.88%20.6% annualized · stock unchanged at expiry
Return if called86.31%209.6% annualized · called away at $100.00
Breakeven$50.80cost basis minus premium
Downside cushion10.88%premium as % of stock price
Max profit$4,919.95capped at the $100.00 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: FEIM max pain & open interest · FEIM workspace · earnings calendar · the plain calculator

FEIM covered call FAQ

What does the FEIM covered call calculator prefill?

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

How is a FEIM covered call return calculated?

Premium collected divided by your FEIM 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.