Covered Call
In this strategy, an investor holds a long position in the underlying asset and simultaneously sells a call option on the same asset. The goal is to generate additional income from the option premium while potentially benefiting from a moderate price increase in the asset. Investors typically use a covered call strategy when they have a neutral to moderately bullish outlook on the stock and to generate additional income from their stock holdings.
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Options
| Action | Qty | Expiration Date | Strike | Type | Price | Delta | IV | |||||||||
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| APP | APP Leg 1 |
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IV
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Trade Information
Covered Call
SELL -1 APP Dec 11, 2026 445.00 call @$12.35
Stock
APP Current Price
$403.62 USD
APP Breakeven Price
Below $457.35 (+13.31%)
Trade Details
Cost of Trade
-$1,235.00 USD
Maximum Profit
$1,235.00
Maximum Loss
Unlimited
CVaR
Probability Analysis
Probability of Profit (PoP)
Probability of Max Profit
Probability of Max Loss
Risk Reward Analysis
Expected Value (EV)
Expected Return (EV/risk)
Reward/Risk
Position Greeks
Delta (Δ)
Gamma (Γ)
Theta (Θ)
Vega (ν)