Covered Call Options Profit Calculator

Own shares, sell a call. Generate income with capped upside.

Switch strategy

Symbol

Override price (optional — scenario testing)

Position Legs

Expiration Date

Enter a symbol above and select expiry to load live options data

Leg 1 — Short Call

manual

Strike

Premium / share

Contracts

Implied Volatility (%)

Settings

IV Scenario

Commission ($ per contract)

Use bid/ask spread (worst-case fill)

Strategy Results

Select an expiry and strike to analyze your Covered Call

P&L Chart

Enter strike and premium to see P&L chart

P&L Heatmap

price × DTE

Enter position details to see P&L heatmap

Position Greeks

Greeks appear once strikes are entered

What is a Covered Call Options Calculator?

Own 100 shares and sell an OTM call to collect premium. Income-generating strategy with capped upside. The short call is "covered" by your shares, reducing margin requirements.

Max risk

limited

Max reward

limited

Legs

2 legs