Covered Call

Income

Alias of covered-call implementation (sell_call).

Performance across all datasets

SymbolReturn %SharpeMax DD %Win %Avg/trade %Trades
SPY-8.3%-0.12+25.3%+57.9%-0.4%19
QQQ-39.6%-0.43+47.1%+42.1%-2.1%19
IWM-53.2%-0.60+56.5%+36.8%-2.8%19
DIA+6.8%0.15+12.7%+68.4%+0.4%19
Avg-23.6%-0.25+35.4%+51.3%19
Cumulative P&L % — all symbols
Detail:
Cumulative P&L % — SPY

Risk Profile

Max Profit
Capped upside + premium
Max Loss
Underlying downside
Breakeven
Entry - premium
Outlook
Neutral to mildly bullish

Parameters

ParameterDefaultDescription
strike_pct1.02Short call strike

Methodology

Own underlying and sell OTM call to collect carry while capping upside.

Implementation

# Alias of sell_call