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Options Income Calculator
Calculate your covered call or cash-secured put income before placing the trade. Instant, free, no signup needed.
Trade Setup
$
e.g. $125.00 — current market price of the stock
$
e.g. $130.00 — the strike you plan to sell
$
e.g. $3.50 — mid-price of the option contract
1 contract = 100 shares
e.g. 30 — days until the option expires
Covered Call: You own 100 shares per contract and sell a call above the current price to collect premium. Your upside is capped at the strike, but you keep the premium regardless.
Your Results
Total Premium Collected
Annualized Yield
10.2%
Capital Required
$12,500.00
Return on Capital
2.8%
Breakeven Price
$121.50
Max Profit (expires worthless)
$350.00
If Assigned (sell at strike)
$13,000
What this means
Selling this covered call on NVDA at the $130 strike, you'd collect $350 in premium upfront. That's a 2.8% return on your $12,500 in stock in just 30 days — or 10.2% annualized if you repeat monthly. Your stock is protected down to $121.50. If NVDA stays below $130 at expiration, you keep the full $350. If it rises above $130 and you get assigned, you sell your shares for $13,000 total.
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