Covered Call Calculator

Note: This calculator estimates returns for selling covered calls on stocks you already own. The "Return if NOT Called Away" shows your return from premium only if the stock stays below the strike price. The "Return if Called Away" shows your total return (premium + capital gains/losses) if your shares are sold at the strike price. Cost basis is your original purchase price per share - if not provided, the current price is used. Always check live option chains for actual premiums before trading.