JNJ · Covered-Calls

Johnson & Johnson Common Stock (JNJ) covered calls

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

$261.44
Modelled strike
$270.00
Modelled premium
$1.03
Premium yield
0.4%
Annualized premium yield
43.0%
Breakeven
$260.41
Downside protection
0.4%
Days to expiration
4
Strategy payoffModelled covered call payoff. Spot $261.44. Expiry maximum profit $959.00 · Expiry maximum loss -$26,041.00 · Expiry breakevens $260.41. 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.

$130.72Expiration P/L -$12,969.00Update time unavailable
Event / reference markers
  • Spot: $261.44
  • Expiry breakeven $260.41: $260.41
  • sell call strike $270.00: $270.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$12,969.00Update time unavailable
-$12,707.56Update time unavailable
-$12,446.12Update time unavailable
-$12,184.68Update time unavailable
-$11,923.24Update time unavailable
-$11,661.80Update time unavailable
-$11,400.36Update time unavailable
-$11,138.92Update time unavailable
-$10,877.48Update time unavailable
-$10,616.04Update time unavailable
-$10,354.60Update time unavailable
-$10,093.16Update time unavailable
-$9,831.72Update time unavailable
-$9,570.28Update time unavailable
-$9,308.84Update time unavailable
-$9,047.40Update time unavailable
-$8,785.96Update time unavailable
-$8,524.52Update time unavailable
-$8,263.08Update time unavailable
-$8,001.64Update time unavailable
-$7,740.20Update time unavailable
-$7,478.76Update time unavailable
-$7,217.32Update time unavailable
-$6,955.88Update time unavailable
-$6,694.44Update time unavailable
-$6,433.00Update time unavailable
-$6,171.56Update time unavailable
-$5,910.12Update time unavailable
-$5,648.68Update time unavailable
-$5,387.24Update time unavailable
-$5,125.80Update time unavailable
-$4,864.36Update time unavailable
-$4,602.92Update time unavailable
-$4,341.48Update time unavailable
-$4,080.04Update time unavailable
-$3,818.60Update time unavailable
-$3,557.16Update time unavailable
-$3,295.72Update time unavailable
-$3,034.28Update time unavailable
-$2,772.84Update time unavailable
-$2,511.40Update time unavailable
-$2,249.96Update time unavailable
-$1,988.52Update time unavailable
-$1,727.08Update time unavailable
-$1,465.64Update time unavailable
-$1,204.20Update time unavailable
-$942.76Update time unavailable
-$681.32Update time unavailable
-$419.88Update time unavailable
-$158.44Update time unavailable
-$0.00Update time unavailable
$103.00Update time unavailable
$103.00Spot referenceUpdate time unavailable
$364.44Update time unavailable
$625.88Update time unavailable
$887.32Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update time unavailable
$959.00Update 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 9, 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.