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

UNH covered call calculator

Prefilled from UNH’s delayed chain: a near-30-delta contract at the mid, 85 days out. Adjust anything — the arithmetic updates live.

Prefilled from UNH’s delayed chain (as of Aug 27, 6:50 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$1,165.001 contract × $11.65 × 100
Return if flat2.91%13.1% annualized · stock unchanged at expiry
Return if called12.70%67.1% annualized · called away at $440.00
Breakeven$389.10cost basis minus premium
Downside cushion2.91%premium as % of stock price
Max profit$5,090.00capped at the $440.00 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: UNH max pain & open interest · UNH workspace · earnings calendar · the plain calculator

UNH covered call FAQ

What does the UNH covered call calculator prefill?

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

How is a UNH covered call return calculated?

Premium collected divided by your UNH 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.