Covered Call Calculator
Search a symbol to visualize the potential profit and loss for a covered call option strategy.
What is a covered call?
A simple income strategy for neutral to bullish situations. If you own 100 shares of the underlying stock, you can use a covered call to generate income or sell your position at a favorable price.
If the stock reaches strike price A, you will be exercised and your stock will be sold (but at a profit!). If it stays below the strike, you will collect the premium and make a bit of income.
- Own the underlying
- Sell a call at strike A