SHOP · Covered-Calls
Shopify Inc. (SHOP) covered calls
A modelled covered call from the published implied volatility, with premium yield and capped upside.
- Modelled strike
- $195.00
- Modelled premium
- $3.45
- Premium yield
- 2.1%
- Annualized premium yield
- 32.1%
- Breakeven
- $162.58
- Downside protection
- 2.1%
- Days to expiration
- 27
Update time unavailable
Loading graph — the exact table is available below.
$83.015Expiration P/L -$7,956.50Update time unavailable
Event / reference markers
- Spot: $166.03
- Expiry breakeven $162.58: $162.58
- sell call strike $195.00: $195.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$7,956.50 | Update time unavailable | ||
| -$7,790.47 | Update time unavailable | ||
| -$7,624.44 | Update time unavailable | ||
| -$7,458.41 | Update time unavailable | ||
| -$7,292.38 | Update time unavailable | ||
| -$7,126.35 | Update time unavailable | ||
| -$6,960.32 | Update time unavailable | ||
| -$6,794.29 | Update time unavailable | ||
| -$6,628.26 | Update time unavailable | ||
| -$6,462.23 | Update time unavailable | ||
| -$6,296.20 | Update time unavailable | ||
| -$6,130.17 | Update time unavailable | ||
| -$5,964.14 | Update time unavailable | ||
| -$5,798.11 | Update time unavailable | ||
| -$5,632.08 | Update time unavailable | ||
| -$5,466.05 | Update time unavailable | ||
| -$5,300.02 | Update time unavailable | ||
| -$5,133.99 | Update time unavailable | ||
| -$4,967.96 | Update time unavailable | ||
| -$4,801.93 | Update time unavailable | ||
| -$4,635.90 | Update time unavailable | ||
| -$4,469.87 | Update time unavailable | ||
| -$4,303.84 | Update time unavailable | ||
| -$4,137.81 | Update time unavailable | ||
| -$3,971.78 | Update time unavailable | ||
| -$3,805.75 | Update time unavailable | ||
| -$3,639.72 | Update time unavailable | ||
| -$3,473.69 | Update time unavailable | ||
| -$3,307.66 | Update time unavailable | ||
| -$3,141.63 | Update time unavailable | ||
| -$2,975.60 | Update time unavailable | ||
| -$2,809.57 | Update time unavailable | ||
| -$2,643.54 | Update time unavailable | ||
| -$2,477.51 | Update time unavailable | ||
| -$2,311.48 | Update time unavailable | ||
| -$2,145.45 | Update time unavailable | ||
| -$1,979.42 | Update time unavailable | ||
| -$1,813.39 | Update time unavailable | ||
| -$1,647.36 | Update time unavailable | ||
| -$1,481.33 | Update time unavailable | ||
| -$1,315.30 | Update time unavailable | ||
| -$1,149.27 | Update time unavailable | ||
| -$983.24 | Update time unavailable | ||
| -$817.21 | Update time unavailable | ||
| -$651.18 | Update time unavailable | ||
| -$485.15 | Update time unavailable | ||
| -$319.12 | Update time unavailable | ||
| -$153.09 | Update time unavailable | ||
| $0.00 | Update time unavailable | ||
| $12.94 | Update time unavailable | ||
| $178.97 | Update time unavailable | ||
| $345.00 | Spot reference | Update time unavailable | |
| $345.00 | Update time unavailable | ||
| $511.03 | Update time unavailable | ||
| $677.06 | Update time unavailable | ||
| $843.09 | Update time unavailable | ||
| $1,009.12 | Update time unavailable | ||
| $1,175.15 | Update time unavailable | ||
| $1,341.18 | Update time unavailable | ||
| $1,507.21 | Update time unavailable | ||
| $1,673.24 | Update time unavailable | ||
| $1,839.27 | Update time unavailable | ||
| $2,005.30 | Update time unavailable | ||
| $2,171.33 | Update time unavailable | ||
| $2,337.36 | Update time unavailable | ||
| $2,503.39 | Update time unavailable | ||
| $2,669.42 | Update time unavailable | ||
| $2,835.45 | Update time unavailable | ||
| $3,001.48 | Update time unavailable | ||
| $3,167.51 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update time unavailable | ||
| $3,242.00 | Update 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.