Covered Call Yield & Breakeven Calculator

Covered Call Calculator

This calculator shows the math behind covered calls using numbers you enter. It doesn't pick stocks, strikes, or dates, and results ignore taxes, early assignment, and slippage. Practice on a paper account first.

Want a step-by-step list to go with the math?

Optional: get the free Covered Call Starter Checklist. Its math section uses these same formulas. The calculator works without it.

Get the free checklist