JPM · Covered-Calls

JP Morgan Chase & Co. Common Stock (JPM) covered calls

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

$334.98
Modelled strike
$355.00
Modelled premium
$1.85
Premium yield
0.6%
Annualized premium yield
15.4%
Breakeven
$333.13
Downside protection
0.6%
Days to expiration
14
Modelled covered call payoffSpot $334.98 · Breakeven $333.13
spot $334.98$167.49$502.47$2,187.00-$16,564.00
Profit LossMax profit $2,187.00 · Max loss -$33,313.00

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 Sep 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.