What is max profit on a covered call?

Max profit occurs when the stock closes above your strike at expiration and you're assigned. You sell shares at the strike plus keep the premium. Max profit = (strike - cost basis) × shares + premium received.

Covered Call Max Profit Calculator

Your best-case profit if the stock is above your strike at expiration and you're assigned.

Cost basis per share

Strike price

Premium received per share

Number of contracts

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