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

INVA covered call calculator

Prefilled from INVA’s delayed chain: a near-30-delta contract at the mid, 213 days out. Adjust anything — the arithmetic updates live.

Prefilled from INVA’s delayed chain (as of Aug 15, 1:06 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$238.001 contract × $2.38 × 100
Return if flat11.23%20.0% annualized · stock unchanged at expiry
Return if called17.41%31.7% annualized · called away at $22.50
Breakeven$18.81cost basis minus premium
Downside cushion11.23%premium as % of stock price
Max profit$369.00capped at the $22.50 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: INVA max pain & open interest · INVA workspace · earnings calendar · the plain calculator

INVA covered call FAQ

What does the INVA covered call calculator prefill?

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

How is a INVA covered call return calculated?

Premium collected divided by your INVA 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.