CVNA · Covered-Calls

Carvana Co. Class A Common Stock (CVNA) covered calls

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

$62.76
Modelled strike
$75.00
Modelled premium
$1.25
Premium yield
2.0%
Annualized premium yield
40.9%
Breakeven
$61.51
Downside protection
2.0%
Days to expiration
21
Strategy payoffModelled covered call payoff. Spot $62.76. Expiry maximum profit $1,349.00 · Expiry maximum loss -$6,151.00 · Expiry breakevens $61.51. 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.

$31.38Expiration P/L -$3,013.00Update time unavailable
Event / reference markers
  • Spot: $62.76
  • Expiry breakeven $61.51: $61.51
  • sell call strike $75.00: $75.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$3,013.00Update time unavailable
-$2,950.24Update time unavailable
-$2,887.48Update time unavailable
-$2,824.72Update time unavailable
-$2,761.96Update time unavailable
-$2,699.20Update time unavailable
-$2,636.44Update time unavailable
-$2,573.68Update time unavailable
-$2,510.92Update time unavailable
-$2,448.16Update time unavailable
-$2,385.40Update time unavailable
-$2,322.64Update time unavailable
-$2,259.88Update time unavailable
-$2,197.12Update time unavailable
-$2,134.36Update time unavailable
-$2,071.60Update time unavailable
-$2,008.84Update time unavailable
-$1,946.08Update time unavailable
-$1,883.32Update time unavailable
-$1,820.56Update time unavailable
-$1,757.80Update time unavailable
-$1,695.04Update time unavailable
-$1,632.28Update time unavailable
-$1,569.52Update time unavailable
-$1,506.76Update time unavailable
-$1,444.00Update time unavailable
-$1,381.24Update time unavailable
-$1,318.48Update time unavailable
-$1,255.72Update time unavailable
-$1,192.96Update time unavailable
-$1,130.20Update time unavailable
-$1,067.44Update time unavailable
-$1,004.68Update time unavailable
-$941.92Update time unavailable
-$879.16Update time unavailable
-$816.40Update time unavailable
-$753.64Update time unavailable
-$690.88Update time unavailable
-$628.12Update time unavailable
-$565.36Update time unavailable
-$502.60Update time unavailable
-$439.84Update time unavailable
-$377.08Update time unavailable
-$314.32Update time unavailable
-$251.56Update time unavailable
-$188.80Update time unavailable
-$126.04Update time unavailable
-$63.28Update time unavailable
-$0.52Update time unavailable
$0.00Update time unavailable
$62.24Update time unavailable
$125.00Spot referenceUpdate time unavailable
$125.00Update time unavailable
$187.76Update time unavailable
$250.52Update time unavailable
$313.28Update time unavailable
$376.04Update time unavailable
$438.80Update time unavailable
$501.56Update time unavailable
$564.32Update time unavailable
$627.08Update time unavailable
$689.84Update time unavailable
$752.60Update time unavailable
$815.36Update time unavailable
$878.12Update time unavailable
$940.88Update time unavailable
$1,003.64Update time unavailable
$1,066.40Update time unavailable
$1,129.16Update time unavailable
$1,191.92Update time unavailable
$1,254.68Update time unavailable
$1,317.44Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update time unavailable
$1,349.00Update 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.

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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.