AMGN · Covered-Calls

Amgen Inc. (AMGN) covered calls

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

$451.83
Modelled strike
$480.00
Modelled premium
$2.10
Premium yield
0.5%
Annualized premium yield
32.5%
Breakeven
$449.73
Downside protection
0.5%
Days to expiration
6
Strategy payoffModelled covered call payoff. Spot $451.83. Expiry maximum profit $3,027.00 · Expiry maximum loss -$44,973.00 · Expiry breakevens $449.73. 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.

$225.915: Expiration P/L: -$22,381.50 Update time unavailable
Event / reference markers
  • Spot: $451.83
  • Expiry breakeven $449.73: $449.73
  • sell call strike $480.00: $480.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$22,381.50Update time unavailable
-$21,929.67Update time unavailable
-$21,477.84Update time unavailable
-$21,026.01Update time unavailable
-$20,574.18Update time unavailable
-$20,122.35Update time unavailable
-$19,670.52Update time unavailable
-$19,218.69Update time unavailable
-$18,766.86Update time unavailable
-$18,315.03Update time unavailable
-$17,863.20Update time unavailable
-$17,411.37Update time unavailable
-$16,959.54Update time unavailable
-$16,507.71Update time unavailable
-$16,055.88Update time unavailable
-$15,604.05Update time unavailable
-$15,152.22Update time unavailable
-$14,700.39Update time unavailable
-$14,248.56Update time unavailable
-$13,796.73Update time unavailable
-$13,344.90Update time unavailable
-$12,893.07Update time unavailable
-$12,441.24Update time unavailable
-$11,989.41Update time unavailable
-$11,537.58Update time unavailable
-$11,085.75Update time unavailable
-$10,633.92Update time unavailable
-$10,182.09Update time unavailable
-$9,730.26Update time unavailable
-$9,278.43Update time unavailable
-$8,826.60Update time unavailable
-$8,374.77Update time unavailable
-$7,922.94Update time unavailable
-$7,471.11Update time unavailable
-$7,019.28Update time unavailable
-$6,567.45Update time unavailable
-$6,115.62Update time unavailable
-$5,663.79Update time unavailable
-$5,211.96Update time unavailable
-$4,760.13Update time unavailable
-$4,308.30Update time unavailable
-$3,856.47Update time unavailable
-$3,404.64Update time unavailable
-$2,952.81Update time unavailable
-$2,500.98Update time unavailable
-$2,049.15Update time unavailable
-$1,597.32Update time unavailable
-$1,145.49Update time unavailable
-$693.66Update time unavailable
-$241.83Update time unavailable
-$0.00Update time unavailable
$210.00Spot referenceUpdate time unavailable
$210.00Update time unavailable
$661.83Update time unavailable
$1,113.66Update time unavailable
$1,565.49Update time unavailable
$2,017.32Update time unavailable
$2,469.15Update time unavailable
$2,920.98Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update time unavailable
$3,027.00Update 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.

Next steps

Data provenance

Figures are from published, reviewed research as of Oct 28, 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.