Options Income Calculator — Covered Calls & CSPs at Scale
The Income Calculator runs your covered-call and cash-secured-put assumptions across an entire watchlist in one batch. Set a delta target or manual strike range, choose your expiration window, and the calculator returns expected premium, annualized yield, capital required, and downside breakeven for every candidate.
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Sort by yield, total premium, or assignment probability to find the highest-quality income setups across the names you actually want to own. Export results to CSV for trade journaling or weekly screening routines.
Frequently asked questions
What is annualized yield?
Premium received divided by capital at risk, scaled to a 365-day basis. It lets you compare a 7-day weekly with a 45-day monthly on equal footing.
How do I size a cash-secured put?
Capital required equals strike × 100 × number of contracts. The calculator surfaces this directly so you can confirm you have the cash to cover assignment before placing the order.
Should I sell weekly or monthly options?
Weeklies typically deliver higher annualized yield but more management overhead and gamma risk near expiration. Monthlies trade lower yield for less frequent rolling. The calculator shows both side-by-side so the decision is data-driven.
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- Wheel Strategy Optimizer
- Strike Selector Tool
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$41.58/mo
- Full platform includes:
- Real-Time Order Flow
- Intraday Greek Heatmaps (GEX / VEX / DEX)
- Heatmap Compare Mode
- Net Premium Drift
- AI Trading Brief & Chat Assistant
- Streaming Quotes
- IV Smile & Skew Analysis
- Wheel Strategy Optimizer
- Strike Selector Tool
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Start 7-Day Free TrialDisclaimer: All content is for educational and informational purposes only. This is not financial advice. Options trading involves significant risk. Please consult with a financial advisor before making trading decisions.