MMM · Covered-Calls

3M Company Common Stock (MMM) covered calls

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

$163.19
Modelled strike
$175.00
Modelled premium
$0.76
Premium yield
0.5%
Annualized premium yield
12.0%
Breakeven
$162.43
Downside protection
0.5%
Days to expiration
15
Strategy payoffModelled covered call payoff. Spot $163.19. Expiry maximum profit $1,257.00 · Expiry maximum loss -$16,243.00 · Expiry breakevens $162.43. 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.

$81.595Expiration P/L -$8,083.50Update time unavailable
Event / reference markers
  • Spot: $163.19
  • Expiry breakeven $162.43: $162.43
  • sell call strike $175.00: $175.00
Exact data table

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

ObservationExpiration P/L (USD)ContextUpdated
-$8,083.50Update time unavailable
-$7,920.31Update time unavailable
-$7,757.12Update time unavailable
-$7,593.93Update time unavailable
-$7,430.74Update time unavailable
-$7,267.55Update time unavailable
-$7,104.36Update time unavailable
-$6,941.17Update time unavailable
-$6,777.98Update time unavailable
-$6,614.79Update time unavailable
-$6,451.60Update time unavailable
-$6,288.41Update time unavailable
-$6,125.22Update time unavailable
-$5,962.03Update time unavailable
-$5,798.84Update time unavailable
-$5,635.65Update time unavailable
-$5,472.46Update time unavailable
-$5,309.27Update time unavailable
-$5,146.08Update time unavailable
-$4,982.89Update time unavailable
-$4,819.70Update time unavailable
-$4,656.51Update time unavailable
-$4,493.32Update time unavailable
-$4,330.13Update time unavailable
-$4,166.94Update time unavailable
-$4,003.75Update time unavailable
-$3,840.56Update time unavailable
-$3,677.37Update time unavailable
-$3,514.18Update time unavailable
-$3,350.99Update time unavailable
-$3,187.80Update time unavailable
-$3,024.61Update time unavailable
-$2,861.42Update time unavailable
-$2,698.23Update time unavailable
-$2,535.04Update time unavailable
-$2,371.85Update time unavailable
-$2,208.66Update time unavailable
-$2,045.47Update time unavailable
-$1,882.28Update time unavailable
-$1,719.09Update time unavailable
-$1,555.90Update time unavailable
-$1,392.71Update time unavailable
-$1,229.52Update time unavailable
-$1,066.33Update time unavailable
-$903.14Update time unavailable
-$739.95Update time unavailable
-$576.76Update time unavailable
-$413.57Update time unavailable
-$250.38Update time unavailable
-$87.19Update time unavailable
$0.00Update time unavailable
$76.00Spot referenceUpdate time unavailable
$239.19Update time unavailable
$402.38Update time unavailable
$565.57Update time unavailable
$728.76Update time unavailable
$891.95Update time unavailable
$1,055.14Update time unavailable
$1,218.33Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update time unavailable
$1,257.00Update 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 5, 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.

3M Company Common Stock (MMM) Covered calls | Options Whale