Own 100 shares and sell a call against them. The premium is kept no matter what; upside is capped at the strike. A widely used income overlay on existing holdings.
Premiums start as Black-Scholes model values — overwrite them with your broker’s real quotes for exact numbers.
| price | today | +4d | +8d | +11d | +15d | +19d | +23d | +26d | expiry |
|---|---|---|---|---|---|---|---|---|---|
| 130.0 | 628 | 634 | 639 | 643 | 648 | 653 | 658 | 662 | 667 |
| 125.0 | 623 | 631 | 638 | 642 | 648 | 653 | 658 | 662 | 667 |
| 120.0 | 607 | 619 | 629 | 637 | 645 | 653 | 658 | 662 | 667 |
| 115.0 | 565 | 583 | 601 | 614 | 630 | 645 | 656 | 662 | 667 |
| 110.0 | 470 | 495 | 520 | 541 | 569 | 599 | 630 | 652 | 667 |
| 105.0 | 289 | 316 | 345 | 369 | 403 | 442 | 489 | 533 | 667 |
| 100.0 | 0 | 22 | 45 | 64 | 89 | 115 | 141 | 158 | 167 |
| 95.0 | -389 | -377 | -365 | -356 | -347 | -339 | -334 | -333 | -333 |
| 90.0 | -846 | -842 | -838 | -836 | -834 | -833 | -833 | -833 | -833 |
| 85.0 | −1.3k | −1.3k | −1.3k | −1.3k | −1.3k | −1.3k | −1.3k | −1.3k | −1.3k |
| 80.0 | −1.8k | −1.8k | −1.8k | −1.8k | −1.8k | −1.8k | −1.8k | −1.8k | −1.8k |
| 75.0 | −2.3k | −2.3k | −2.3k | −2.3k | −2.3k | −2.3k | −2.3k | −2.3k | −2.3k |
| 70.0 | −2.8k | −2.8k | −2.8k | −2.8k | −2.8k | −2.8k | −2.8k | −2.8k | −2.8k |
Dollar P&L for the whole position. Pre-expiry cells are model values (constant IV); real marks will differ with volatility and skew.
An options position is a view on the company underneath. Our SEC-grounded verdicts, quality scores and filings coverage are free for every US-listed name.
Educational model, not trade advice. Options involve substantial risk and are not suitable for every investor — read the OCC’s Characteristics and Risks of Standardized Options. Model values use Black-Scholes with your inputs (constant volatility, European exercise, no dividends) and will differ from live market prices.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.