Covered Call Calculator & Visualizer

The covered call strategy has a setup of buying (or already owning) 100 shares of stock and sell 1 call option, typically out of the money. This is a slightly bullish strategy that allows the investor collect income from holding a position. The further out of the money for the write call, is a more bullish sentiment, but collecting less income. It’s popular to sell covered calls with a 1 week to 45 days until expiration