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

SVM covered call calculator

Prefilled from SVM’s delayed chain: a near-30-delta contract at the mid, 525 days out. Adjust anything — the arithmetic updates live.

Prefilled from SVM’s delayed chain (as of Aug 13, 11:21 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$440.001 contract × $4.40 × 100
Return if flat36.97%24.5% annualized · stock unchanged at expiry
Return if called42.02%27.6% annualized · called away at $12.50
Breakeven$7.50cost basis minus premium
Downside cushion36.97%premium as % of stock price
Max profit$500.00capped 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: SVM max pain & open interest · SVM workspace · earnings calendar · the plain calculator

SVM covered call FAQ

What does the SVM covered call calculator prefill?

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

How is a SVM covered call return calculated?

Premium collected divided by your SVM 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.