CLF · Covered-Calls
Cleveland-Cliffs Inc. Common Stock (CLF) covered calls
A modelled covered call from the published implied volatility, with premium yield and capped upside.
- Modelled strike
- $14.00
- Modelled premium
- $0.21
- Premium yield
- 1.7%
- Annualized premium yield
- 59.7%
- Breakeven
- $12.04
- Downside protection
- 1.7%
- Days to expiration
- 13
Update time unavailable
Loading graph — the exact table is available below.
$6.125Expiration P/L -$591.50Update time unavailable
Event / reference markers
- Spot: $12.25
- Expiry breakeven $12.04: $12.04
- sell call strike $14.00: $14.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$591.50 | Update time unavailable | ||
| -$579.25 | Update time unavailable | ||
| -$567.00 | Update time unavailable | ||
| -$554.75 | Update time unavailable | ||
| -$542.50 | Update time unavailable | ||
| -$530.25 | Update time unavailable | ||
| -$518.00 | Update time unavailable | ||
| -$505.75 | Update time unavailable | ||
| -$493.50 | Update time unavailable | ||
| -$481.25 | Update time unavailable | ||
| -$469.00 | Update time unavailable | ||
| -$456.75 | Update time unavailable | ||
| -$444.50 | Update time unavailable | ||
| -$432.25 | Update time unavailable | ||
| -$420.00 | Update time unavailable | ||
| -$407.75 | Update time unavailable | ||
| -$395.50 | Update time unavailable | ||
| -$383.25 | Update time unavailable | ||
| -$371.00 | Update time unavailable | ||
| -$358.75 | Update time unavailable | ||
| -$346.50 | Update time unavailable | ||
| -$334.25 | Update time unavailable | ||
| -$322.00 | Update time unavailable | ||
| -$309.75 | Update time unavailable | ||
| -$297.50 | Update time unavailable | ||
| -$285.25 | Update time unavailable | ||
| -$273.00 | Update time unavailable | ||
| -$260.75 | Update time unavailable | ||
| -$248.50 | Update time unavailable | ||
| -$236.25 | Update time unavailable | ||
| -$224.00 | Update time unavailable | ||
| -$211.75 | Update time unavailable | ||
| -$199.50 | Update time unavailable | ||
| -$187.25 | Update time unavailable | ||
| -$175.00 | Update time unavailable | ||
| -$162.75 | Update time unavailable | ||
| -$150.50 | Update time unavailable | ||
| -$138.25 | Update time unavailable | ||
| -$126.00 | Update time unavailable | ||
| -$113.75 | Update time unavailable | ||
| -$101.50 | Update time unavailable | ||
| -$89.25 | Update time unavailable | ||
| -$77.00 | Update time unavailable | ||
| -$64.75 | Update time unavailable | ||
| -$52.50 | Update time unavailable | ||
| -$40.25 | Update time unavailable | ||
| -$28.00 | Update time unavailable | ||
| -$15.75 | Update time unavailable | ||
| -$3.50 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $8.75 | Update time unavailable | ||
| $21.00 | Spot reference | Update time unavailable | |
| $33.25 | Update time unavailable | ||
| $45.50 | Update time unavailable | ||
| $57.75 | Update time unavailable | ||
| $70.00 | Update time unavailable | ||
| $82.25 | Update time unavailable | ||
| $94.50 | Update time unavailable | ||
| $106.75 | Update time unavailable | ||
| $119.00 | Update time unavailable | ||
| $131.25 | Update time unavailable | ||
| $143.50 | Update time unavailable | ||
| $155.75 | Update time unavailable | ||
| $168.00 | Update time unavailable | ||
| $180.25 | Update time unavailable | ||
| $192.50 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update time unavailable | ||
| $196.00 | Update 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 6, 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.