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

MRVI covered call calculator

Prefilled from MRVI’s delayed chain: a near-30-delta contract at the mid, 215 days out. Adjust anything — the arithmetic updates live.

Prefilled from MRVI’s delayed chain (as of Aug 16, 3:40 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$123.001 contract × $1.23 × 100
Return if flat21.91%40.0% annualized · stock unchanged at expiry
Return if called100.02%224.4% annualized · called away at $10.00
Breakeven$4.38cost basis minus premium
Downside cushion21.91%premium as % of stock price
Max profit$561.57capped at the $10.00 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: MRVI max pain & open interest · MRVI workspace · earnings calendar · the plain calculator

MRVI covered call FAQ

What does the MRVI covered call calculator prefill?

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

How is a MRVI covered call return calculated?

Premium collected divided by your MRVI 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.