AAP · Covered-Calls

Advance Auto Parts Inc. (AAP) covered calls

A modelled covered call from the published implied volatility, with premium yield and capped upside.

$45.73
Modelled strike
$52.00
Modelled premium
$0.65
Premium yield
1.4%
Annualized premium yield
107.9%
Breakeven
$45.08
Downside protection
1.4%
Days to expiration
7
Strategy payoffModelled covered call payoff. Spot $45.73. Expiry maximum profit $692.00 · Expiry maximum loss -$4,508.00 · Expiry breakevens $45.08. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$22.865: Expiration P/L: -$2,221.50 Update time unavailable
Event / reference markers
  • Spot: $45.73
  • Expiry breakeven $45.08: $45.08
  • sell call strike $52.00: $52.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$2,221.50Update time unavailable
-$2,175.77Update time unavailable
-$2,130.04Update time unavailable
-$2,084.31Update time unavailable
-$2,038.58Update time unavailable
-$1,992.85Update time unavailable
-$1,947.12Update time unavailable
-$1,901.39Update time unavailable
-$1,855.66Update time unavailable
-$1,809.93Update time unavailable
-$1,764.20Update time unavailable
-$1,718.47Update time unavailable
-$1,672.74Update time unavailable
-$1,627.01Update time unavailable
-$1,581.28Update time unavailable
-$1,535.55Update time unavailable
-$1,489.82Update time unavailable
-$1,444.09Update time unavailable
-$1,398.36Update time unavailable
-$1,352.63Update time unavailable
-$1,306.90Update time unavailable
-$1,261.17Update time unavailable
-$1,215.44Update time unavailable
-$1,169.71Update time unavailable
-$1,123.98Update time unavailable
-$1,078.25Update time unavailable
-$1,032.52Update time unavailable
-$986.79Update time unavailable
-$941.06Update time unavailable
-$895.33Update time unavailable
-$849.60Update time unavailable
-$803.87Update time unavailable
-$758.14Update time unavailable
-$712.41Update time unavailable
-$666.68Update time unavailable
-$620.95Update time unavailable
-$575.22Update time unavailable
-$529.49Update time unavailable
-$483.76Update time unavailable
-$438.03Update time unavailable
-$392.30Update time unavailable
-$346.57Update time unavailable
-$300.84Update time unavailable
-$255.11Update time unavailable
-$209.38Update time unavailable
-$163.65Update time unavailable
-$117.92Update time unavailable
-$72.19Update time unavailable
-$26.46Update time unavailable
$0.00Update time unavailable
$19.27Update time unavailable
$65.00Spot referenceUpdate time unavailable
$110.73Update time unavailable
$156.46Update time unavailable
$202.19Update time unavailable
$247.92Update time unavailable
$293.65Update time unavailable
$339.38Update time unavailable
$385.11Update time unavailable
$430.84Update time unavailable
$476.57Update time unavailable
$522.30Update time unavailable
$568.03Update time unavailable
$613.76Update time unavailable
$659.49Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable
$692.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move above spot). Requires 100 shares per contract; above the strike the shares are called away.

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Data provenance

Figures are from published, reviewed research as of Oct 29, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.