AXP · Covered-Calls

American Express Company Common Stock (AXP) covered calls

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

$304.25
Modelled strike
$325.00
Modelled premium
$2.02
Premium yield
0.7%
Annualized premium yield
16.3%
Breakeven
$302.23
Downside protection
0.7%
Days to expiration
16
Strategy payoffModelled covered call payoff. Spot $304.25. Expiry maximum profit $2,277.00 · Expiry maximum loss -$30,223.00 · Expiry breakevens $302.23. 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.

$152.125Expiration P/L -$15,010.50Update time unavailable
Event / reference markers
  • Spot: $304.25
  • Expiry breakeven $302.23: $302.23
  • sell call strike $325.00: $325.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$15,010.50Update time unavailable
-$14,706.25Update time unavailable
-$14,402.00Update time unavailable
-$14,097.75Update time unavailable
-$13,793.50Update time unavailable
-$13,489.25Update time unavailable
-$13,185.00Update time unavailable
-$12,880.75Update time unavailable
-$12,576.50Update time unavailable
-$12,272.25Update time unavailable
-$11,968.00Update time unavailable
-$11,663.75Update time unavailable
-$11,359.50Update time unavailable
-$11,055.25Update time unavailable
-$10,751.00Update time unavailable
-$10,446.75Update time unavailable
-$10,142.50Update time unavailable
-$9,838.25Update time unavailable
-$9,534.00Update time unavailable
-$9,229.75Update time unavailable
-$8,925.50Update time unavailable
-$8,621.25Update time unavailable
-$8,317.00Update time unavailable
-$8,012.75Update time unavailable
-$7,708.50Update time unavailable
-$7,404.25Update time unavailable
-$7,100.00Update time unavailable
-$6,795.75Update time unavailable
-$6,491.50Update time unavailable
-$6,187.25Update time unavailable
-$5,883.00Update time unavailable
-$5,578.75Update time unavailable
-$5,274.50Update time unavailable
-$4,970.25Update time unavailable
-$4,666.00Update time unavailable
-$4,361.75Update time unavailable
-$4,057.50Update time unavailable
-$3,753.25Update time unavailable
-$3,449.00Update time unavailable
-$3,144.75Update time unavailable
-$2,840.50Update time unavailable
-$2,536.25Update time unavailable
-$2,232.00Update time unavailable
-$1,927.75Update time unavailable
-$1,623.50Update time unavailable
-$1,319.25Update time unavailable
-$1,015.00Update time unavailable
-$710.75Update time unavailable
-$406.50Update time unavailable
-$102.25Update time unavailable
-$0.00Update time unavailable
$202.00Spot referenceUpdate time unavailable
$506.25Update time unavailable
$810.50Update time unavailable
$1,114.75Update time unavailable
$1,419.00Update time unavailable
$1,723.25Update time unavailable
$2,027.50Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update time unavailable
$2,277.00Update 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 7, 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.

American Express Company Common Stock (AXP) Covered calls | Options Whale