BTG · Covered-Calls

B2Gold Corp Common shares (Canada) (BTG) covered calls

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

$4.99
Modelled strike
$5.50
Modelled premium
$0.02
Premium yield
0.4%
Annualized premium yield
26.5%
Breakeven
$4.97
Downside protection
0.4%
Days to expiration
6
Strategy payoffModelled covered call payoff. Spot $4.99. Expiry maximum profit $53.00 · Expiry maximum loss -$497.00 · Expiry breakevens $4.97. 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.

$2.495: Expiration P/L: -$247.50 Update time unavailable
Event / reference markers
  • Spot: $4.99
  • Expiry breakeven $4.97: $4.97
  • sell call strike $5.50: $5.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$247.50Update time unavailable
-$242.51Update time unavailable
-$237.52Update time unavailable
-$232.53Update time unavailable
-$227.54Update time unavailable
-$222.55Update time unavailable
-$217.56Update time unavailable
-$212.57Update time unavailable
-$207.58Update time unavailable
-$202.59Update time unavailable
-$197.60Update time unavailable
-$192.61Update time unavailable
-$187.62Update time unavailable
-$182.63Update time unavailable
-$177.64Update time unavailable
-$172.65Update time unavailable
-$167.66Update time unavailable
-$162.67Update time unavailable
-$157.68Update time unavailable
-$152.69Update time unavailable
-$147.70Update time unavailable
-$142.71Update time unavailable
-$137.72Update time unavailable
-$132.73Update time unavailable
-$127.74Update time unavailable
-$122.75Update time unavailable
-$117.76Update time unavailable
-$112.77Update time unavailable
-$107.78Update time unavailable
-$102.79Update time unavailable
-$97.80Update time unavailable
-$92.81Update time unavailable
-$87.82Update time unavailable
-$82.83Update time unavailable
-$77.84Update time unavailable
-$72.85Update time unavailable
-$67.86Update time unavailable
-$62.87Update time unavailable
-$57.88Update time unavailable
-$52.89Update time unavailable
-$47.90Update time unavailable
-$42.91Update time unavailable
-$37.92Update time unavailable
-$32.93Update time unavailable
-$27.94Update time unavailable
-$22.95Update time unavailable
-$17.96Update time unavailable
-$12.97Update time unavailable
-$7.98Update time unavailable
-$2.99Update time unavailable
-$0.00Update time unavailable
$2.00Spot referenceUpdate time unavailable
$6.99Update time unavailable
$11.98Update time unavailable
$16.97Update time unavailable
$21.96Update time unavailable
$26.95Update time unavailable
$31.94Update time unavailable
$36.93Update time unavailable
$41.92Update time unavailable
$46.91Update time unavailable
$51.90Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update time unavailable
$53.00Update 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 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.