ON · Covered-Calls

ON Semiconductor Corporation (ON) covered calls

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

$86.31
Modelled strike
$100.00
Modelled premium
$1.55
Premium yield
1.8%
Annualized premium yield
27.2%
Breakeven
$84.76
Downside protection
1.8%
Days to expiration
27
Strategy payoffModelled covered call payoff. Spot $86.31. Expiry maximum profit $1,524.00 · Expiry maximum loss -$8,476.00 · Expiry breakevens $84.76. 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.

$43.155Expiration P/L -$4,160.50Update time unavailable
Event / reference markers
  • Spot: $86.31
  • Expiry breakeven $84.76: $84.76
  • sell call strike $100.00: $100.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$4,160.50Update time unavailable
-$4,074.19Update time unavailable
-$3,987.88Update time unavailable
-$3,901.57Update time unavailable
-$3,815.26Update time unavailable
-$3,728.95Update time unavailable
-$3,642.64Update time unavailable
-$3,556.33Update time unavailable
-$3,470.02Update time unavailable
-$3,383.71Update time unavailable
-$3,297.40Update time unavailable
-$3,211.09Update time unavailable
-$3,124.78Update time unavailable
-$3,038.47Update time unavailable
-$2,952.16Update time unavailable
-$2,865.85Update time unavailable
-$2,779.54Update time unavailable
-$2,693.23Update time unavailable
-$2,606.92Update time unavailable
-$2,520.61Update time unavailable
-$2,434.30Update time unavailable
-$2,347.99Update time unavailable
-$2,261.68Update time unavailable
-$2,175.37Update time unavailable
-$2,089.06Update time unavailable
-$2,002.75Update time unavailable
-$1,916.44Update time unavailable
-$1,830.13Update time unavailable
-$1,743.82Update time unavailable
-$1,657.51Update time unavailable
-$1,571.20Update time unavailable
-$1,484.89Update time unavailable
-$1,398.58Update time unavailable
-$1,312.27Update time unavailable
-$1,225.96Update time unavailable
-$1,139.65Update time unavailable
-$1,053.34Update time unavailable
-$967.03Update time unavailable
-$880.72Update time unavailable
-$794.41Update time unavailable
-$708.10Update time unavailable
-$621.79Update time unavailable
-$535.48Update time unavailable
-$449.17Update time unavailable
-$362.86Update time unavailable
-$276.55Update time unavailable
-$190.24Update time unavailable
-$103.93Update time unavailable
-$17.62Update time unavailable
-$0.00Update time unavailable
$68.69Update time unavailable
$155.00Spot referenceUpdate time unavailable
$241.31Update time unavailable
$327.62Update time unavailable
$413.93Update time unavailable
$500.24Update time unavailable
$586.55Update time unavailable
$672.86Update time unavailable
$759.17Update time unavailable
$845.48Update time unavailable
$931.79Update time unavailable
$1,018.10Update time unavailable
$1,104.41Update time unavailable
$1,190.72Update time unavailable
$1,277.03Update time unavailable
$1,363.34Update time unavailable
$1,449.65Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update time unavailable
$1,524.00Update 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 6, 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.