SPOT · Covered-Calls

Spotify Technology S.A. Ordinary Shares (SPOT) covered calls

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

$512.92
Modelled strike
$580.00
Modelled premium
$6.28
Premium yield
1.2%
Annualized premium yield
34.5%
Breakeven
$506.64
Downside protection
1.2%
Days to expiration
15
Strategy payoffModelled covered call payoff. Spot $512.92. Expiry maximum profit $7,336.00 · Expiry maximum loss -$50,664.00 · Expiry breakevens $506.64. 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.

$256.46Expiration P/L -$25,018.00Update time unavailable
Event / reference markers
  • Spot: $512.92
  • Expiry breakeven $506.64: $506.64
  • sell call strike $580.00: $580.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$25,018.00Update time unavailable
-$24,505.08Update time unavailable
-$23,992.16Update time unavailable
-$23,479.24Update time unavailable
-$22,966.32Update time unavailable
-$22,453.40Update time unavailable
-$21,940.48Update time unavailable
-$21,427.56Update time unavailable
-$20,914.64Update time unavailable
-$20,401.72Update time unavailable
-$19,888.80Update time unavailable
-$19,375.88Update time unavailable
-$18,862.96Update time unavailable
-$18,350.04Update time unavailable
-$17,837.12Update time unavailable
-$17,324.20Update time unavailable
-$16,811.28Update time unavailable
-$16,298.36Update time unavailable
-$15,785.44Update time unavailable
-$15,272.52Update time unavailable
-$14,759.60Update time unavailable
-$14,246.68Update time unavailable
-$13,733.76Update time unavailable
-$13,220.84Update time unavailable
-$12,707.92Update time unavailable
-$12,195.00Update time unavailable
-$11,682.08Update time unavailable
-$11,169.16Update time unavailable
-$10,656.24Update time unavailable
-$10,143.32Update time unavailable
-$9,630.40Update time unavailable
-$9,117.48Update time unavailable
-$8,604.56Update time unavailable
-$8,091.64Update time unavailable
-$7,578.72Update time unavailable
-$7,065.80Update time unavailable
-$6,552.88Update time unavailable
-$6,039.96Update time unavailable
-$5,527.04Update time unavailable
-$5,014.12Update time unavailable
-$4,501.20Update time unavailable
-$3,988.28Update time unavailable
-$3,475.36Update time unavailable
-$2,962.44Update time unavailable
-$2,449.52Update time unavailable
-$1,936.60Update time unavailable
-$1,423.68Update time unavailable
-$910.76Update time unavailable
-$397.84Update time unavailable
-$0.00Update time unavailable
$115.08Update time unavailable
$628.00Update time unavailable
$628.00Spot referenceUpdate time unavailable
$1,140.92Update time unavailable
$1,653.84Update time unavailable
$2,166.76Update time unavailable
$2,679.68Update time unavailable
$3,192.60Update time unavailable
$3,705.52Update time unavailable
$4,218.44Update time unavailable
$4,731.36Update time unavailable
$5,244.28Update time unavailable
$5,757.20Update time unavailable
$6,270.12Update time unavailable
$6,783.04Update time unavailable
$7,295.96Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update time unavailable
$7,336.00Update 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.

Spotify Technology S.A. Ordinary Shares (SPOT) Covered calls | Options Whale