The price at which a position stops losing, after premium and fees.
Course catalogue99 lessons
Position
$
$
$
Breakeven price$97.51
Commission per share$0.0065
Strike less the premium you collected. Below this the assignment costs more than the credit covered. Commissions are spread across the 100 shares a contract covers.
Results are arithmetic on the numbers you type. No market data is fetched, and nothing here accounts for early assignment, dividends, taxes, or the bid-ask spread you would actually cross.