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

OGI covered call calculator

Prefilled from OGI’s delayed chain: a near-30-delta contract at the mid, 218 days out. Adjust anything — the arithmetic updates live.

Prefilled from OGI’s delayed chain (as of Aug 11, 2:52 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$7.001 contract × $0.07 × 100
Return if flat6.54%11.2% annualized · stock unchanged at expiry
Return if called93.46%201.9% annualized · called away at $2.00
Breakeven$1.00cost basis minus premium
Downside cushion6.54%premium as % of stock price
Max profit$100.00capped at the $2.00 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: OGI max pain & open interest · OGI workspace · earnings calendar · the plain calculator

OGI covered call FAQ

What does the OGI covered call calculator prefill?

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

How is a OGI covered call return calculated?

Premium collected divided by your OGI 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.