The Covered Call is the most popular options income enhancement strategy. Hold the stock while selling a call option to collect premium as extra income. Calculate max profit, breakeven, and annualized return instantly. 💰 No signup · Client-side only
The Covered Call Calculator is a free online options strategy analysis tool. Enter stock purchase price, option strike price, premium and days to expiry to instantly calculate max profit, breakeven and annualized return. All calculations run locally in your browser — your data stays private. Covered calls are the ideal income enhancement strategy for long-term stockholders, generating steady cash flow by selling out-of-the-money calls monthly. Use this tool to evaluate every covered call trade before execution.