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

GEV covered call calculator

Prefilled from GEV’s delayed chain: a near-30-delta contract at the mid, 163 days out. Adjust anything — the arithmetic updates live.

Prefilled from GEV’s delayed chain (as of Nov 3, 6:01 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$5,195.001 contract × $51.95 × 100
Return if flat5.93%13.8% annualized · stock unchanged at expiry
Return if called29.25%77.6% annualized · called away at $1,080.00
Breakeven$823.85cost basis minus premium
Downside cushion5.93%premium as % of stock price
Max profit$25,615.00capped at the $1,080.00 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: GEV max pain & open interest · GEV workspace · earnings calendar · the plain calculator

Coverage receipt // what this page has for GEV

Read from the Cboe delayed options chain, as of Nov 3, 6:01 AM ET. 3 held, 2 not held.

  • Underlying price (prefilled)875.80 USD
    REPORTED Cboe delayed options chain; as of chain read Nov 3, 6:01 AM ET.
  • Call near 30 delta (prefilled)1,080.00 USD strike, 51.95 USD mid
    REPORTED Cboe delayed options chain; as of chain read Nov 3, 6:01 AM ET.
  • Put near 30 delta (prefilled)800.00 USD strike, 79.00 USD mid
    REPORTED Cboe delayed options chain; as of chain read Nov 3, 6:01 AM ET.
Not on this page
  • Live quotes and fills: the chain is delayed; the price you get is your broker’s.
  • Dividends and early assignment: not modelled; a call can be assigned early before an ex-dividend date.
GEV covered call FAQ

What does the GEV covered call calculator prefill?

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

How is a GEV covered call return calculated?

Premium collected divided by your GEV 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.