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

INV covered call calculator

Prefilled from INV’s delayed chain: a near-30-delta contract at the mid, 820 days out. Adjust anything — the arithmetic updates live.

Prefilled from INV’s delayed chain (as of Oct 21, 12:01 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$55.001 contract × $0.55 × 100
Return if flat183.58%59.0% annualized · stock unchanged at expiry
Return if called250.47%74.8% annualized · called away at $0.50
Breakeven$-0.25cost basis minus premium
Downside cushion183.58%premium as % of stock price
Max profit$75.04capped at the $0.50 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: INV max pain & open interest · INV workspace · earnings calendar · the plain calculator

INV covered call FAQ

What does the INV covered call calculator prefill?

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

How is a INV covered call return calculated?

Premium collected divided by your INV 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.