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

MYPS covered call calculator

Prefilled from MYPS’s delayed chain: a near-30-delta contract at the mid, 185 days out. Adjust anything — the arithmetic updates live.

Prefilled from MYPS’s delayed chain (as of Aug 17, 3:20 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$8.001 contract × $0.08 × 100
Return if flat15.44%32.7% annualized · stock unchanged at expiry
Return if called397.78%2272.7% annualized · called away at $2.50
Breakeven$0.44cost basis minus premium
Downside cushion15.44%premium as % of stock price
Max profit$206.17capped at the $2.50 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: MYPS max pain & open interest · MYPS workspace · earnings calendar · the plain calculator

MYPS covered call FAQ

What does the MYPS covered call calculator prefill?

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

How is a MYPS covered call return calculated?

Premium collected divided by your MYPS 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.