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

UVXY covered call calculator

Prefilled from UVXY’s delayed chain: a near-30-delta contract at the mid, 62 days out. Adjust anything — the arithmetic updates live.

Prefilled from UVXY’s delayed chain (as of Aug 15, 6:10 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$157.001 contract × $1.57 × 100
Return if flat7.78%55.5% annualized · stock unchanged at expiry
Return if called41.65%676.8% annualized · called away at $27.00
Breakeven$18.60cost basis minus premium
Downside cushion7.78%premium as % of stock price
Max profit$840.10capped at the $27.00 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: UVXY max pain & open interest · UVXY workspace · earnings calendar · the plain calculator

UVXY covered call FAQ

What does the UVXY covered call calculator prefill?

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

How is a UVXY covered call return calculated?

Premium collected divided by your UVXY 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.