DKNG · Covered-Calls

DraftKings Inc. (DKNG) covered calls

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

$20.72
Modelled strike
$23.50
Modelled premium
$0.25
Premium yield
1.2%
Annualized premium yield
87.3%
Breakeven
$20.47
Downside protection
1.2%
Days to expiration
7
Strategy payoffModelled covered call payoff. Spot $20.72. Expiry maximum profit $303.00 · Expiry maximum loss -$2,047.00 · Expiry breakevens $20.47. 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.

$10.36: Expiration P/L: -$1,011.00 Update time unavailable
Event / reference markers
  • Spot: $20.72
  • Expiry breakeven $20.47: $20.47
  • sell call strike $23.50: $23.50
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$1,011.00Update time unavailable
-$990.28Update time unavailable
-$969.56Update time unavailable
-$948.84Update time unavailable
-$928.12Update time unavailable
-$907.40Update time unavailable
-$886.68Update time unavailable
-$865.96Update time unavailable
-$845.24Update time unavailable
-$824.52Update time unavailable
-$803.80Update time unavailable
-$783.08Update time unavailable
-$762.36Update time unavailable
-$741.64Update time unavailable
-$720.92Update time unavailable
-$700.20Update time unavailable
-$679.48Update time unavailable
-$658.76Update time unavailable
-$638.04Update time unavailable
-$617.32Update time unavailable
-$596.60Update time unavailable
-$575.88Update time unavailable
-$555.16Update time unavailable
-$534.44Update time unavailable
-$513.72Update time unavailable
-$493.00Update time unavailable
-$472.28Update time unavailable
-$451.56Update time unavailable
-$430.84Update time unavailable
-$410.12Update time unavailable
-$389.40Update time unavailable
-$368.68Update time unavailable
-$347.96Update time unavailable
-$327.24Update time unavailable
-$306.52Update time unavailable
-$285.80Update time unavailable
-$265.08Update time unavailable
-$244.36Update time unavailable
-$223.64Update time unavailable
-$202.92Update time unavailable
-$182.20Update time unavailable
-$161.48Update time unavailable
-$140.76Update time unavailable
-$120.04Update time unavailable
-$99.32Update time unavailable
-$78.60Update time unavailable
-$57.88Update time unavailable
-$37.16Update time unavailable
-$16.44Update time unavailable
$0.00Update time unavailable
$4.28Update time unavailable
$25.00Spot referenceUpdate time unavailable
$45.72Update time unavailable
$66.44Update time unavailable
$87.16Update time unavailable
$107.88Update time unavailable
$128.60Update time unavailable
$149.32Update time unavailable
$170.04Update time unavailable
$190.76Update time unavailable
$211.48Update time unavailable
$232.20Update time unavailable
$252.92Update time unavailable
$273.64Update time unavailable
$294.36Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update time unavailable
$303.00Update 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.