Covered Call Income Projector

See how much monthly and annual income you could generate by writing covered calls on a stock position — one of the most powerful income strategies for buy-and-hold investors.

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Enter your position details

Fill in the fields below then click Calculate.

How to use this calculator

  1. Enter the number of shares you own (must be in lots of 100 to write covered calls)
  2. Enter the current stock price per share
  3. Enter the premium per share you expect to collect each time you write a covered call
  4. Choose how often you plan to write calls — monthly is most common
  5. Click Calculate to see your projected monthly, quarterly, and annual income
Must be in multiples of 100 — 1 contract covers 100 shares
$
The current market price per share
$
The bid premium you expect to collect each time you sell a call
Monthly is the most common cycle for covered call writers

Your projected income

Results appear here after you click Calculate.

Enter your position details and click Calculate to see your income projection.
Per Trade Income
Annual Income

Income breakdown

Contracts
Premium per share
Income per trade
Trades per year
Monthly income (avg)
Quarterly income (avg)
Annual income
Annual yield on position

5-year income projection

Year Trades Annual Income Cumulative
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Disclaimer: This calculator is provided for educational and informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Projections are estimates based on the figures you enter and assume consistent premiums and trade frequency — actual results will vary based on market conditions, stock volatility, implied volatility, strike selection, and other factors. Options trading involves substantial risk and is not suitable for all investors. Past performance is not a guarantee of future results. Always do your own research or consult a licensed financial advisor before making investment decisions. IncomeTrader.com is not responsible for any trading or investment decisions made based on this tool.