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AAPL Covered Call Calculator

Calculate max profit, max loss, breakeven and probability of profit for a Apple Inc. (AAPL) covered call. Adjust the strike and premium and the payoff chart updates instantly.

Open the AAPL Covered Call calculator →

Pre-loaded with AAPL and the covered call — ready to edit.

AAPL Covered Call: the essentials

Frequently asked

How is max profit on a AAPL Covered Call calculated?

For a Apple Inc. (AAPL) covered call, max profit is capped: the call premium you collect plus any gain in the shares up to the strike. Above the strike the shares are called away, so profit stops there. The calculator above computes it from your exact strike(s) and premium.

What is the breakeven on a AAPL Covered Call?

The breakeven on a AAPL covered call is your share cost basis minus the call premium you collected. Enter your numbers above and the payoff chart marks the breakeven for you.

Is a Covered Call on AAPL bullish or bearish?

A AAPL covered call is neutral-to-mildly-bullish — you want the shares flat or drifting up toward (but not far past) the strike.

How do I calculate a AAPL Covered Call?

Open the pre-loaded calculator above — it's already set to AAPL and the covered call. Adjust the strike, premium and expiration to instantly see max profit, max loss, breakeven, probability of profit and the Greeks.

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Figures are theoretical estimates for education only — not financial advice. Options involve risk.

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