MCD · Covered-Calls

McDonald's Corporation Common Stock (MCD) covered calls

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

$230.88
Modelled strike
$245.00
Modelled premium
$1.81
Premium yield
0.8%
Annualized premium yield
10.7%
Breakeven
$229.07
Downside protection
0.8%
Days to expiration
28
Strategy payoffModelled covered call payoff. Spot $230.88. Expiry maximum profit $1,593.00 · Expiry maximum loss -$22,907.00 · Expiry breakevens $229.07. 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.

$115.44Expiration P/L -$11,363.00Update time unavailable
Event / reference markers
  • Spot: $230.88
  • Expiry breakeven $229.07: $229.07
  • sell call strike $245.00: $245.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$11,363.00Update time unavailable
-$11,132.12Update time unavailable
-$10,901.24Update time unavailable
-$10,670.36Update time unavailable
-$10,439.48Update time unavailable
-$10,208.60Update time unavailable
-$9,977.72Update time unavailable
-$9,746.84Update time unavailable
-$9,515.96Update time unavailable
-$9,285.08Update time unavailable
-$9,054.20Update time unavailable
-$8,823.32Update time unavailable
-$8,592.44Update time unavailable
-$8,361.56Update time unavailable
-$8,130.68Update time unavailable
-$7,899.80Update time unavailable
-$7,668.92Update time unavailable
-$7,438.04Update time unavailable
-$7,207.16Update time unavailable
-$6,976.28Update time unavailable
-$6,745.40Update time unavailable
-$6,514.52Update time unavailable
-$6,283.64Update time unavailable
-$6,052.76Update time unavailable
-$5,821.88Update time unavailable
-$5,591.00Update time unavailable
-$5,360.12Update time unavailable
-$5,129.24Update time unavailable
-$4,898.36Update time unavailable
-$4,667.48Update time unavailable
-$4,436.60Update time unavailable
-$4,205.72Update time unavailable
-$3,974.84Update time unavailable
-$3,743.96Update time unavailable
-$3,513.08Update time unavailable
-$3,282.20Update time unavailable
-$3,051.32Update time unavailable
-$2,820.44Update time unavailable
-$2,589.56Update time unavailable
-$2,358.68Update time unavailable
-$2,127.80Update time unavailable
-$1,896.92Update time unavailable
-$1,666.04Update time unavailable
-$1,435.16Update time unavailable
-$1,204.28Update time unavailable
-$973.40Update time unavailable
-$742.52Update time unavailable
-$511.64Update time unavailable
-$280.76Update time unavailable
-$49.88Update time unavailable
-$0.00Update time unavailable
$181.00Spot referenceUpdate time unavailable
$411.88Update time unavailable
$642.76Update time unavailable
$873.64Update time unavailable
$1,104.52Update time unavailable
$1,335.40Update time unavailable
$1,566.28Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update time unavailable
$1,593.00Update 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 7, 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.