SATA covered call calculator
Prefilled from SATA’s delayed chain: a near-30-delta contract at the mid, 155 days out. Adjust anything — the arithmetic updates live.
Prefilled from SATA’s delayed chain (as of Aug 12, 11:49 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: SATA max pain & open interest · SATA workspace · earnings calendar · the plain calculator
SATA covered call FAQ
What does the SATA covered call calculator prefill?
A near-30-delta SATA call (and put, for the cash-secured mode) at the bid/ask midpoint from the delayed Cboe chain, plus SATA's delayed price and the days to that expiration. Every field stays editable.
How is a SATA covered call return calculated?
Premium collected divided by your SATA 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.