WDAY · Covered-Calls

Workday, Inc. (WDAY) covered calls

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

$195.46
Modelled strike
$220.00
Modelled premium
$3.20
Premium yield
1.6%
Annualized premium yield
25.6%
Breakeven
$192.26
Downside protection
1.6%
Days to expiration
26
Strategy payoffModelled covered call payoff. Spot $195.46. Expiry maximum profit $2,774.00 · Expiry maximum loss -$19,226.00 · Expiry breakevens $192.26. 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.

$97.73: Expiration P/L: -$9,453.00 Update time unavailable
Event / reference markers
  • Spot: $195.46
  • Expiry breakeven $192.26: $192.26
  • sell call strike $220.00: $220.00
Exact data table

Strategy payoff · full stored dataset, independent of graph range/toggles

ObservationExpiration P/L (USD)ContextUpdated
-$9,453.00Update time unavailable
-$9,257.54Update time unavailable
-$9,062.08Update time unavailable
-$8,866.62Update time unavailable
-$8,671.16Update time unavailable
-$8,475.70Update time unavailable
-$8,280.24Update time unavailable
-$8,084.78Update time unavailable
-$7,889.32Update time unavailable
-$7,693.86Update time unavailable
-$7,498.40Update time unavailable
-$7,302.94Update time unavailable
-$7,107.48Update time unavailable
-$6,912.02Update time unavailable
-$6,716.56Update time unavailable
-$6,521.10Update time unavailable
-$6,325.64Update time unavailable
-$6,130.18Update time unavailable
-$5,934.72Update time unavailable
-$5,739.26Update time unavailable
-$5,543.80Update time unavailable
-$5,348.34Update time unavailable
-$5,152.88Update time unavailable
-$4,957.42Update time unavailable
-$4,761.96Update time unavailable
-$4,566.50Update time unavailable
-$4,371.04Update time unavailable
-$4,175.58Update time unavailable
-$3,980.12Update time unavailable
-$3,784.66Update time unavailable
-$3,589.20Update time unavailable
-$3,393.74Update time unavailable
-$3,198.28Update time unavailable
-$3,002.82Update time unavailable
-$2,807.36Update time unavailable
-$2,611.90Update time unavailable
-$2,416.44Update time unavailable
-$2,220.98Update time unavailable
-$2,025.52Update time unavailable
-$1,830.06Update time unavailable
-$1,634.60Update time unavailable
-$1,439.14Update time unavailable
-$1,243.68Update time unavailable
-$1,048.22Update time unavailable
-$852.76Update time unavailable
-$657.30Update time unavailable
-$461.84Update time unavailable
-$266.38Update time unavailable
-$70.92Update time unavailable
$0.00Update time unavailable
$124.54Update time unavailable
$320.00Update time unavailable
$320.00Spot referenceUpdate time unavailable
$515.46Update time unavailable
$710.92Update time unavailable
$906.38Update time unavailable
$1,101.84Update time unavailable
$1,297.30Update time unavailable
$1,492.76Update time unavailable
$1,688.22Update time unavailable
$1,883.68Update time unavailable
$2,079.14Update time unavailable
$2,274.60Update time unavailable
$2,470.06Update time unavailable
$2,665.52Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update time unavailable
$2,774.00Update 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 29, 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.