Covered Call Calculator

A covered call generates income by selling a call option against shares you already own. This tool calculates your maximum profit, break-even price, annualized yield, and outcome under three scenarios — assigned, flat, and stock declines.

Stock Purchase Price ($)

Current Stock Price ($)

Call Strike Price ($)

Call Premium Received ($)

Days Until Expiration

Max Profit/Share

Break-Even Price

Premium Yield

Annualized Return

Scenario 1 — Assigned (stock above strike)

Scenario 2 — Expires Worthless (stock below strike)

Scenario 3 — Stock Declines