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

FUN covered call calculator

Prefilled from FUN’s delayed chain: a near-30-delta contract at the mid, 521 days out. Adjust anything — the arithmetic updates live.

Prefilled from FUN’s delayed chain (as of Aug 18, 3:44 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$200.001 contract × $2.00 × 100
Return if flat12.90%8.9% annualized · stock unchanged at expiry
Return if called138.71%84.0% annualized · called away at $35.00
Breakeven$13.50cost basis minus premium
Downside cushion12.90%premium as % of stock price
Max profit$2,150.00capped 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: FUN max pain & open interest · FUN workspace · earnings calendar · the plain calculator

FUN covered call FAQ

What does the FUN covered call calculator prefill?

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

How is a FUN covered call return calculated?

Premium collected divided by your FUN 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.