Covered Call Calculator

With GammaWins' Covered Call Calculator, you can see how much a covered call profits or loses at any time at or before expiry for any price of the stock you sell a covered call on. You can add metrics like annualized yield to find a covered call that matches your criteria.

To demonstrate, the calculator shows a delta 35 covered call on SPY. Pick another ticker, expiry and strike to see how much your covered call can profit or lose. You can also see how your P/L might evolve over time by switching to the time view under the chart to estimate how long it takes to reach different levels of profit.