ETN · Covered-Calls

Eaton Corporation, PLC Ordinary Shares (ETN) covered calls

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

$445.09
Modelled strike
$495.00
Modelled premium
$4.98
Premium yield
1.1%
Annualized premium yield
15.6%
Breakeven
$440.11
Downside protection
1.1%
Days to expiration
28
Strategy payoffModelled covered call payoff. Spot $445.09. Expiry maximum profit $5,489.00 · Expiry maximum loss -$44,011.00 · Expiry breakevens $440.11. 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.

$222.545Expiration P/L -$21,756.50Update time unavailable
Event / reference markers
  • Spot: $445.09
  • Expiry breakeven $440.11: $440.11
  • sell call strike $495.00: $495.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$21,756.50Update time unavailable
-$21,311.41Update time unavailable
-$20,866.32Update time unavailable
-$20,421.23Update time unavailable
-$19,976.14Update time unavailable
-$19,531.05Update time unavailable
-$19,085.96Update time unavailable
-$18,640.87Update time unavailable
-$18,195.78Update time unavailable
-$17,750.69Update time unavailable
-$17,305.60Update time unavailable
-$16,860.51Update time unavailable
-$16,415.42Update time unavailable
-$15,970.33Update time unavailable
-$15,525.24Update time unavailable
-$15,080.15Update time unavailable
-$14,635.06Update time unavailable
-$14,189.97Update time unavailable
-$13,744.88Update time unavailable
-$13,299.79Update time unavailable
-$12,854.70Update time unavailable
-$12,409.61Update time unavailable
-$11,964.52Update time unavailable
-$11,519.43Update time unavailable
-$11,074.34Update time unavailable
-$10,629.25Update time unavailable
-$10,184.16Update time unavailable
-$9,739.07Update time unavailable
-$9,293.98Update time unavailable
-$8,848.89Update time unavailable
-$8,403.80Update time unavailable
-$7,958.71Update time unavailable
-$7,513.62Update time unavailable
-$7,068.53Update time unavailable
-$6,623.44Update time unavailable
-$6,178.35Update time unavailable
-$5,733.26Update time unavailable
-$5,288.17Update time unavailable
-$4,843.08Update time unavailable
-$4,397.99Update time unavailable
-$3,952.90Update time unavailable
-$3,507.81Update time unavailable
-$3,062.72Update time unavailable
-$2,617.63Update time unavailable
-$2,172.54Update time unavailable
-$1,727.45Update time unavailable
-$1,282.36Update time unavailable
-$837.27Update time unavailable
-$392.18Update time unavailable
-$0.00Update time unavailable
$52.91Update time unavailable
$498.00Spot referenceUpdate time unavailable
$943.09Update time unavailable
$1,388.18Update time unavailable
$1,833.27Update time unavailable
$2,278.36Update time unavailable
$2,723.45Update time unavailable
$3,168.54Update time unavailable
$3,613.63Update time unavailable
$4,058.72Update time unavailable
$4,503.81Update time unavailable
$4,948.90Update time unavailable
$5,393.99Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update time unavailable
$5,489.00Update 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 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.