Option Profit Sim

GOOGL Covered Call Calculator

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

Open the GOOGL Covered Call calculator →

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

GOOGL Covered Call: the essentials

Frequently asked

How is max profit on a GOOGL Covered Call calculated?

For a Alphabet Inc. (Google) (GOOGL) 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 GOOGL Covered Call?

The breakeven on a GOOGL 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 GOOGL bullish or bearish?

A GOOGL 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 GOOGL Covered Call?

Open the pre-loaded calculator above — it's already set to GOOGL 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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