Total return across one full cycle: put, assignment, call, exit.
Course catalogue99 lessons
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$
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d
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Premium collected$390.00
Result on the shares$500.00
Total$888.70
Capital committed$9,500
Return on capital9.35%
Annualised56.9%
Adjusted basis after both premiums is $91.11 a share. The number the cycle is actually managed against, not the assignment price. A commission is charged on each of the two options; assignment and call-away are assumed free, as at most brokers.
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.