Covered Call Writing Calculator

Covered Call Return Calculator

Calculate the rate of return in your cash or margin buy-write positions. Expiration is assumed to be the third Friday of the selected month.

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Inputs

Stock Price *

Shares Bought *

Stock Commission ($)

or % (e.g., 5.5)

Option Price *

Options Sold *

Strike Price *

Dividends / share (thru expiry)

Option Commission ($)

or % (e.g., 5.5)

Exp Month * (1–12)

Expiration Year * (e.g., 2025)

Margin Interest Rate (%)

Results

Expiration Date

Days to Expiration

Cash Returns

Net Investment

Return if Exercised (%)

Return if Unchanged (%)

Break-Even Point

Downside Protection (%)

Margin Returns

Net Investment

Return if Exercised (%)

Return if Unchanged (%)

Break-Even Point

Downside Protection (%)

Past performance is not necessarily indicative of future results.
Trading or investing whether on margin or otherwise carries a high level of risk, and may not be suitable for all persons. Leverage can work against you as well as for you. Before deciding to trade or invest you should carefully consider your investment objectives, level of experience, and ability to tolerate risk. The possibility exists that you could sustain a loss of some or all of your initial investment or even more than your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and investing, and seek advice from an independent financial advisor if you have any doubts.
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