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1 Options involve substantial risk of loss and the possibility an investor may lose the entire amount invested. Before starting options trading, investors should be familiar with the Characteristics and Risks of Standardized Options. Tax implications with options should be considered. Consult your tax advisor to understand any impacts to your taxes.
2 This calculator is provided for educational and illustrative purposes only and does not constitute investment advice or a recommendation to engage in any specific trading strategy. Options involve a high degree of risk and are not suitable for all investors. Results are based on user inputs, are hypothetical in nature, and do not reflect actual investment results or guarantee future performance.
Calculations assume a covered call position is held until option expiration and that each option contract represents 100 shares of the underlying stock. The model does not account for early assignment prior to expiration, interim changes in market conditions, or changes in option pricing, including time decay or implied volatility.
This tool does not account for dividends, including the potential impact of ex-dividend dates on early assignment risk, nor does it reflect liquidity considerations such as bid-ask spreads or the ability to execute trades at quoted prices.
Results are presented on a pre-tax basis and do not account for tax implications, including capital gains treatment or differences between qualified and unqualified covered calls. Brokerage commissions, exchange fees, and other transaction costs are not included unless otherwise specified.
The calculator does not quantify the opportunity cost of capped upside if the stock price rises significantly above the strike price. Actual outcomes may vary based on market conditions and individual circumstances. Investors should consider their financial circumstances and consult with a qualified financial advisor or tax professional before trading.
Before trading options, please read “Characteristics and Risks of Standardized Options” (ODD), available from the Options Clearing Corporation.
This content is provided for informational and educational purposes only and should not be construed as financial advice. ©2026 SoFi Technologies, Inc. All rights reserved.
This information isn’t financial advice. Investment decisions should be based on specific financial needs, goals and risk appetite.
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