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

JEF covered call calculator

Prefilled from JEF’s delayed chain: a near-30-delta contract at the mid, 822 days out. Adjust anything — the arithmetic updates live.

Prefilled from JEF’s delayed chain (as of Oct 19, 5:57 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$370.001 contract × $3.70 × 100
Return if flat8.54%3.7% annualized · stock unchanged at expiry
Return if called70.15%26.6% annualized · called away at $70.00
Breakeven$39.61cost basis minus premium
Downside cushion8.54%premium as % of stock price
Max profit$3,038.50capped at the $70.00 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: JEF max pain & open interest · JEF workspace · earnings calendar · the plain calculator

JEF covered call FAQ

What does the JEF covered call calculator prefill?

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

How is a JEF covered call return calculated?

Premium collected divided by your JEF 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.