FIG · Covered-Calls

Figma, Inc. Class A Common Stock (FIG) covered calls

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

$23.21
Modelled strike
$27.00
Modelled premium
$0.40
Premium yield
1.7%
Annualized premium yield
144.9%
Breakeven
$22.81
Downside protection
1.7%
Days to expiration
7
Strategy payoffModelled covered call payoff. Spot $23.21. Expiry maximum profit $419.00 · Expiry maximum loss -$2,281.00 · Expiry breakevens $22.81. 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.

$11.605: Expiration P/L: -$1,120.50 Update time unavailable
Event / reference markers
  • Spot: $23.21
  • Expiry breakeven $22.81: $22.81
  • sell call strike $27.00: $27.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$1,120.50Update time unavailable
-$1,097.29Update time unavailable
-$1,074.08Update time unavailable
-$1,050.87Update time unavailable
-$1,027.66Update time unavailable
-$1,004.45Update time unavailable
-$981.24Update time unavailable
-$958.03Update time unavailable
-$934.82Update time unavailable
-$911.61Update time unavailable
-$888.40Update time unavailable
-$865.19Update time unavailable
-$841.98Update time unavailable
-$818.77Update time unavailable
-$795.56Update time unavailable
-$772.35Update time unavailable
-$749.14Update time unavailable
-$725.93Update time unavailable
-$702.72Update time unavailable
-$679.51Update time unavailable
-$656.30Update time unavailable
-$633.09Update time unavailable
-$609.88Update time unavailable
-$586.67Update time unavailable
-$563.46Update time unavailable
-$540.25Update time unavailable
-$517.04Update time unavailable
-$493.83Update time unavailable
-$470.62Update time unavailable
-$447.41Update time unavailable
-$424.20Update time unavailable
-$400.99Update time unavailable
-$377.78Update time unavailable
-$354.57Update time unavailable
-$331.36Update time unavailable
-$308.15Update time unavailable
-$284.94Update time unavailable
-$261.73Update time unavailable
-$238.52Update time unavailable
-$215.31Update time unavailable
-$192.10Update time unavailable
-$168.89Update time unavailable
-$145.68Update time unavailable
-$122.47Update time unavailable
-$99.26Update time unavailable
-$76.05Update time unavailable
-$52.84Update time unavailable
-$29.63Update time unavailable
-$6.42Update time unavailable
$0.00Update time unavailable
$16.79Update time unavailable
$40.00Update time unavailable
$40.00Spot referenceUpdate time unavailable
$63.21Update time unavailable
$86.42Update time unavailable
$109.63Update time unavailable
$132.84Update time unavailable
$156.05Update time unavailable
$179.26Update time unavailable
$202.47Update time unavailable
$225.68Update time unavailable
$248.89Update time unavailable
$272.10Update time unavailable
$295.31Update time unavailable
$318.52Update time unavailable
$341.73Update time unavailable
$364.94Update time unavailable
$388.15Update time unavailable
$411.36Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update time unavailable
$419.00Update 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 28, 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.