IOVA · Covered-Calls

Iovance Biotherapeutics, Inc. (IOVA) covered calls

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

$9.56
Modelled strike
$12.00
Modelled premium
$0.30
Premium yield
3.1%
Annualized premium yield
401.4%
Breakeven
$9.26
Downside protection
3.1%
Days to expiration
7
Strategy payoffModelled covered call payoff. Spot $9.56. Expiry maximum profit $274.00 · Expiry maximum loss -$926.00 · Expiry breakevens $9.26. 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.

$4.78: Expiration P/L: -$448.00 Update time unavailable
Event / reference markers
  • Spot: $9.56
  • Expiry breakeven $9.26: $9.26
  • sell call strike $12.00: $12.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$448.00Update time unavailable
-$438.44Update time unavailable
-$428.88Update time unavailable
-$419.32Update time unavailable
-$409.76Update time unavailable
-$400.20Update time unavailable
-$390.64Update time unavailable
-$381.08Update time unavailable
-$371.52Update time unavailable
-$361.96Update time unavailable
-$352.40Update time unavailable
-$342.84Update time unavailable
-$333.28Update time unavailable
-$323.72Update time unavailable
-$314.16Update time unavailable
-$304.60Update time unavailable
-$295.04Update time unavailable
-$285.48Update time unavailable
-$275.92Update time unavailable
-$266.36Update time unavailable
-$256.80Update time unavailable
-$247.24Update time unavailable
-$237.68Update time unavailable
-$228.12Update time unavailable
-$218.56Update time unavailable
-$209.00Update time unavailable
-$199.44Update time unavailable
-$189.88Update time unavailable
-$180.32Update time unavailable
-$170.76Update time unavailable
-$161.20Update time unavailable
-$151.64Update time unavailable
-$142.08Update time unavailable
-$132.52Update time unavailable
-$122.96Update time unavailable
-$113.40Update time unavailable
-$103.84Update time unavailable
-$94.28Update time unavailable
-$84.72Update time unavailable
-$75.16Update time unavailable
-$65.60Update time unavailable
-$56.04Update time unavailable
-$46.48Update time unavailable
-$36.92Update time unavailable
-$27.36Update time unavailable
-$17.80Update time unavailable
-$8.24Update time unavailable
-$0.00Update time unavailable
$1.32Update time unavailable
$10.88Update time unavailable
$20.44Update time unavailable
$30.00Update time unavailable
$30.00Spot referenceUpdate time unavailable
$39.56Update time unavailable
$49.12Update time unavailable
$58.68Update time unavailable
$68.24Update time unavailable
$77.80Update time unavailable
$87.36Update time unavailable
$96.92Update time unavailable
$106.48Update time unavailable
$116.04Update time unavailable
$125.60Update time unavailable
$135.16Update time unavailable
$144.72Update time unavailable
$154.28Update time unavailable
$163.84Update time unavailable
$173.40Update time unavailable
$182.96Update time unavailable
$192.52Update time unavailable
$202.08Update time unavailable
$211.64Update time unavailable
$221.20Update time unavailable
$230.76Update time unavailable
$240.32Update time unavailable
$249.88Update time unavailable
$259.44Update time unavailable
$269.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update time unavailable
$274.00Update 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.