BULL · Covered-Calls

Webull Corporation (BULL) covered calls

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

$5.33
Modelled strike
$6.00
Modelled premium
$0.12
Premium yield
2.3%
Annualized premium yield
49.2%
Breakeven
$5.21
Downside protection
2.3%
Days to expiration
21
Strategy payoffModelled covered call payoff. Spot $5.33. Expiry maximum profit $79.00 · Expiry maximum loss -$521.00 · Expiry breakevens $5.21. 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.

$2.665: Expiration P/L: -$254.50 Update time unavailable
Event / reference markers
  • Spot: $5.33
  • Expiry breakeven $5.21: $5.21
  • sell call strike $6.00: $6.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$254.50Update time unavailable
-$249.17Update time unavailable
-$243.84Update time unavailable
-$238.51Update time unavailable
-$233.18Update time unavailable
-$227.85Update time unavailable
-$222.52Update time unavailable
-$217.19Update time unavailable
-$211.86Update time unavailable
-$206.53Update time unavailable
-$201.20Update time unavailable
-$195.87Update time unavailable
-$190.54Update time unavailable
-$185.21Update time unavailable
-$179.88Update time unavailable
-$174.55Update time unavailable
-$169.22Update time unavailable
-$163.89Update time unavailable
-$158.56Update time unavailable
-$153.23Update time unavailable
-$147.90Update time unavailable
-$142.57Update time unavailable
-$137.24Update time unavailable
-$131.91Update time unavailable
-$126.58Update time unavailable
-$121.25Update time unavailable
-$115.92Update time unavailable
-$110.59Update time unavailable
-$105.26Update time unavailable
-$99.93Update time unavailable
-$94.60Update time unavailable
-$89.27Update time unavailable
-$83.94Update time unavailable
-$78.61Update time unavailable
-$73.28Update time unavailable
-$67.95Update time unavailable
-$62.62Update time unavailable
-$57.29Update time unavailable
-$51.96Update time unavailable
-$46.63Update time unavailable
-$41.30Update time unavailable
-$35.97Update time unavailable
-$30.64Update time unavailable
-$25.31Update time unavailable
-$19.98Update time unavailable
-$14.65Update time unavailable
-$9.32Update time unavailable
-$3.99Update time unavailable
-$0.00Update time unavailable
$1.34Update time unavailable
$6.67Update time unavailable
$12.00Spot referenceUpdate time unavailable
$17.33Update time unavailable
$22.66Update time unavailable
$27.99Update time unavailable
$33.32Update time unavailable
$38.65Update time unavailable
$43.98Update time unavailable
$49.31Update time unavailable
$54.64Update time unavailable
$59.97Update time unavailable
$65.30Update time unavailable
$70.63Update time unavailable
$75.96Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update time unavailable
$79.00Update 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.