PEN covered call calculator
Prefilled from PEN’s delayed chain: a near-30-delta contract at the mid, 157 days out. Adjust anything — the arithmetic updates live.
Prefilled from PEN’s delayed chain (as of Nov 9, 10:37 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.
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: PEN max pain & open interest · PEN workspace · earnings calendar · the plain calculator
Read from the Cboe delayed options chain, as of Nov 9, 10:37 PM ET. 2 held, 3 not held.
- Underlying price (prefilled)321.85 USDREPORTED Cboe delayed options chain; as of chain read Nov 9, 10:37 PM ET.
- Put near 30 delta (prefilled)230.00 USD strike, 50.10 USD midREPORTED Cboe delayed options chain; as of chain read Nov 9, 10:37 PM ET.
- Call near 30 delta: no call above the price carried a delta and a mid on this expiration.
- Live quotes and fills: the chain is delayed; the price you get is your broker’s.
- Dividends and early assignment: not modelled; a call can be assigned early before an ex-dividend date.
PEN covered call FAQ
What does the PEN covered call calculator prefill?
A near-30-delta PEN call (and put, for the cash-secured mode) at the bid/ask midpoint from the delayed Cboe chain, plus PEN's delayed price and the days to that expiration. Every field stays editable.
How is a PEN covered call return calculated?
Premium collected divided by your PEN 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.