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

VTGN covered call calculator

Prefilled from VTGN’s delayed chain: a near-30-delta contract at the mid, 185 days out. Adjust anything — the arithmetic updates live.

Prefilled from VTGN’s delayed chain (as of Aug 16, 7:50 AM ET) — a near-30-delta call at the mid. Every field is editable; check live quotes before acting on anything.

Premium collected$5.001 contract × $0.05 × 100
Return if flat19.00%40.9% annualized · stock unchanged at expiry
Return if called298.94%1433.1% annualized · called away at $1.00
Breakeven$0.21cost basis minus premium
Downside cushion19.00%premium as % of stock price
Max profit$78.68capped at the $1.00 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: VTGN max pain & open interest · VTGN workspace · earnings calendar · the plain calculator

VTGN covered call FAQ

What does the VTGN covered call calculator prefill?

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

How is a VTGN covered call return calculated?

Premium collected divided by your VTGN 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.