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

GNRC covered call calculator

Prefilled from GNRC’s delayed chain: a near-30-delta contract at the mid, 199 days out. Adjust anything — the arithmetic updates live.

Prefilled from GNRC’s delayed chain (as of Nov 2, 9:00 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$1,380.001 contract × $13.80 × 100
Return if flat6.86%12.9% annualized · stock unchanged at expiry
Return if called41.03%87.9% annualized · called away at $270.00
Breakeven$187.44cost basis minus premium
Downside cushion6.86%premium as % of stock price
Max profit$8,256.00capped at the $270.00 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: GNRC max pain & open interest · GNRC workspace · earnings calendar · the plain calculator

GNRC covered call FAQ

What does the GNRC covered call calculator prefill?

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

How is a GNRC covered call return calculated?

Premium collected divided by your GNRC 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.