DVN · Covered-Calls

Devon Energy Corporation Common Stock (DVN) covered calls

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

$48.02
Modelled strike
$53.00
Modelled premium
$0.55
Premium yield
1.2%
Annualized premium yield
15.5%
Breakeven
$47.47
Downside protection
1.2%
Days to expiration
29
Strategy payoffModelled covered call payoff. Spot $48.02. Expiry maximum profit $553.00 · Expiry maximum loss -$4,747.00 · Expiry breakevens $47.47. 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.

$24.01Expiration P/L -$2,346.00Update time unavailable
Event / reference markers
  • Spot: $48.02
  • Expiry breakeven $47.47: $47.47
  • sell call strike $53.00: $53.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$2,346.00Update time unavailable
-$2,297.98Update time unavailable
-$2,249.96Update time unavailable
-$2,201.94Update time unavailable
-$2,153.92Update time unavailable
-$2,105.90Update time unavailable
-$2,057.88Update time unavailable
-$2,009.86Update time unavailable
-$1,961.84Update time unavailable
-$1,913.82Update time unavailable
-$1,865.80Update time unavailable
-$1,817.78Update time unavailable
-$1,769.76Update time unavailable
-$1,721.74Update time unavailable
-$1,673.72Update time unavailable
-$1,625.70Update time unavailable
-$1,577.68Update time unavailable
-$1,529.66Update time unavailable
-$1,481.64Update time unavailable
-$1,433.62Update time unavailable
-$1,385.60Update time unavailable
-$1,337.58Update time unavailable
-$1,289.56Update time unavailable
-$1,241.54Update time unavailable
-$1,193.52Update time unavailable
-$1,145.50Update time unavailable
-$1,097.48Update time unavailable
-$1,049.46Update time unavailable
-$1,001.44Update time unavailable
-$953.42Update time unavailable
-$905.40Update time unavailable
-$857.38Update time unavailable
-$809.36Update time unavailable
-$761.34Update time unavailable
-$713.32Update time unavailable
-$665.30Update time unavailable
-$617.28Update time unavailable
-$569.26Update time unavailable
-$521.24Update time unavailable
-$473.22Update time unavailable
-$425.20Update time unavailable
-$377.18Update time unavailable
-$329.16Update time unavailable
-$281.14Update time unavailable
-$233.12Update time unavailable
-$185.10Update time unavailable
-$137.08Update time unavailable
-$89.06Update time unavailable
-$41.04Update time unavailable
-$0.00Update time unavailable
$6.98Update time unavailable
$55.00Spot referenceUpdate time unavailable
$103.02Update time unavailable
$151.04Update time unavailable
$199.06Update time unavailable
$247.08Update time unavailable
$295.10Update time unavailable
$343.12Update time unavailable
$391.14Update time unavailable
$439.16Update time unavailable
$487.18Update time unavailable
$535.20Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update time unavailable
$553.00Update 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 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.

Devon Energy Corporation Common Stock (DVN) Covered calls | Options Whale