Get Wealth Strategies

GET WEALTH STRATEGIES | TRADER TOOLS

Covered Call Calculator

Calculate covered call premium income, assignment outcomes, and potential profit or loss.

Average share cost ($)

Shares owned

Call strike price ($)

Premium per share ($)

Call contracts sold

Stock price at expiration ($)

Premium received

Effective breakeven per covered share

Maximum strategy profit

Modeled P/L at expiration

Shares called away at expiration

Potential loss if stock reaches zero

Standard equity option contracts generally represent 100 shares. Calculations assume expiration outcomes and exclude fees, taxes, and slippage. Early assignment is possible. Premium does not eliminate stock downside risk. Educational use only.