MPC · Covered-Calls

Marathon Petroleum Corporation Common Stock (MPC) covered calls

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

$442.26
Modelled strike
$505.00
Modelled premium
$6.43
Premium yield
1.5%
Annualized premium yield
21.5%
Breakeven
$435.83
Downside protection
1.5%
Days to expiration
27
Strategy payoffModelled covered call payoff. Spot $442.26. Expiry maximum profit $6,917.00 · Expiry maximum loss -$43,583.00 · Expiry breakevens $435.83. 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.

$221.13Expiration P/L -$21,470.00Update time unavailable
Event / reference markers
  • Spot: $442.26
  • Expiry breakeven $435.83: $435.83
  • sell call strike $505.00: $505.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$21,470.00Update time unavailable
-$21,027.74Update time unavailable
-$20,585.48Update time unavailable
-$20,143.22Update time unavailable
-$19,700.96Update time unavailable
-$19,258.70Update time unavailable
-$18,816.44Update time unavailable
-$18,374.18Update time unavailable
-$17,931.92Update time unavailable
-$17,489.66Update time unavailable
-$17,047.40Update time unavailable
-$16,605.14Update time unavailable
-$16,162.88Update time unavailable
-$15,720.62Update time unavailable
-$15,278.36Update time unavailable
-$14,836.10Update time unavailable
-$14,393.84Update time unavailable
-$13,951.58Update time unavailable
-$13,509.32Update time unavailable
-$13,067.06Update time unavailable
-$12,624.80Update time unavailable
-$12,182.54Update time unavailable
-$11,740.28Update time unavailable
-$11,298.02Update time unavailable
-$10,855.76Update time unavailable
-$10,413.50Update time unavailable
-$9,971.24Update time unavailable
-$9,528.98Update time unavailable
-$9,086.72Update time unavailable
-$8,644.46Update time unavailable
-$8,202.20Update time unavailable
-$7,759.94Update time unavailable
-$7,317.68Update time unavailable
-$6,875.42Update time unavailable
-$6,433.16Update time unavailable
-$5,990.90Update time unavailable
-$5,548.64Update time unavailable
-$5,106.38Update time unavailable
-$4,664.12Update time unavailable
-$4,221.86Update time unavailable
-$3,779.60Update time unavailable
-$3,337.34Update time unavailable
-$2,895.08Update time unavailable
-$2,452.82Update time unavailable
-$2,010.56Update time unavailable
-$1,568.30Update time unavailable
-$1,126.04Update time unavailable
-$683.78Update time unavailable
-$241.52Update time unavailable
-$0.00Update time unavailable
$200.74Update time unavailable
$643.00Spot referenceUpdate time unavailable
$1,085.26Update time unavailable
$1,527.52Update time unavailable
$1,969.78Update time unavailable
$2,412.04Update time unavailable
$2,854.30Update time unavailable
$3,296.56Update time unavailable
$3,738.82Update time unavailable
$4,181.08Update time unavailable
$4,623.34Update time unavailable
$5,065.60Update time unavailable
$5,507.86Update time unavailable
$5,950.12Update time unavailable
$6,392.38Update time unavailable
$6,834.64Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update time unavailable
$6,917.00Update 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.

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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.