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

SSTK covered call calculator

Prefilled from SSTK’s delayed chain: a near-30-delta contract at the mid, 188 days out. Adjust anything — the arithmetic updates live.

Prefilled from SSTK’s delayed chain (as of Aug 10, 6:24 PM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$68.001 contract × $0.68 × 100
Return if flat11.57%23.7% annualized · stock unchanged at expiry
Return if called124.34%380.0% annualized · called away at $12.50
Breakeven$5.20cost basis minus premium
Downside cushion11.57%premium as % of stock price
Max profit$730.50capped at the $12.50 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: SSTK max pain & open interest · SSTK workspace · earnings calendar · the plain calculator

SSTK covered call FAQ

What does the SSTK covered call calculator prefill?

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

How is a SSTK covered call return calculated?

Premium collected divided by your SSTK 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.