UMC · Covered-Calls

United Microelectronics Corporation (NEW) Common Stock (UMC) covered calls

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

$23.19
Modelled strike
$26.50
Modelled premium
$0.37
Premium yield
1.6%
Annualized premium yield
30.1%
Breakeven
$22.82
Downside protection
1.6%
Days to expiration
22
Strategy payoffModelled covered call payoff. Spot $23.19. Expiry maximum profit $368.00 · Expiry maximum loss -$2,282.00 · Expiry breakevens $22.82. 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.

$11.595Expiration P/L -$1,122.50Update time unavailable
Event / reference markers
  • Spot: $23.19
  • Expiry breakeven $22.82: $22.82
  • sell call strike $26.50: $26.50
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$1,122.50Update time unavailable
-$1,099.31Update time unavailable
-$1,076.12Update time unavailable
-$1,052.93Update time unavailable
-$1,029.74Update time unavailable
-$1,006.55Update time unavailable
-$983.36Update time unavailable
-$960.17Update time unavailable
-$936.98Update time unavailable
-$913.79Update time unavailable
-$890.60Update time unavailable
-$867.41Update time unavailable
-$844.22Update time unavailable
-$821.03Update time unavailable
-$797.84Update time unavailable
-$774.65Update time unavailable
-$751.46Update time unavailable
-$728.27Update time unavailable
-$705.08Update time unavailable
-$681.89Update time unavailable
-$658.70Update time unavailable
-$635.51Update time unavailable
-$612.32Update time unavailable
-$589.13Update time unavailable
-$565.94Update time unavailable
-$542.75Update time unavailable
-$519.56Update time unavailable
-$496.37Update time unavailable
-$473.18Update time unavailable
-$449.99Update time unavailable
-$426.80Update time unavailable
-$403.61Update time unavailable
-$380.42Update time unavailable
-$357.23Update time unavailable
-$334.04Update time unavailable
-$310.85Update time unavailable
-$287.66Update time unavailable
-$264.47Update time unavailable
-$241.28Update time unavailable
-$218.09Update time unavailable
-$194.90Update time unavailable
-$171.71Update time unavailable
-$148.52Update time unavailable
-$125.33Update time unavailable
-$102.14Update time unavailable
-$78.95Update time unavailable
-$55.76Update time unavailable
-$32.57Update time unavailable
-$9.38Update time unavailable
$0.00Update time unavailable
$13.81Update time unavailable
$37.00Spot referenceUpdate time unavailable
$37.00Update time unavailable
$60.19Update time unavailable
$83.38Update time unavailable
$106.57Update time unavailable
$129.76Update time unavailable
$152.95Update time unavailable
$176.14Update time unavailable
$199.33Update time unavailable
$222.52Update time unavailable
$245.71Update time unavailable
$268.90Update time unavailable
$292.09Update time unavailable
$315.28Update time unavailable
$338.47Update time unavailable
$361.66Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update time unavailable
$368.00Update 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.