Strike Price Evaluator
Compare up to 6 strike prices side by side to find the best intrinsic value and rate of return for your covered call or options trade.
How to use this calculator
- Choose Calls or Puts depending on your trade type
- Enter your stock target price — the price you expect the stock to reach
- For each strike price you want to evaluate, enter the strike price and the option price (the premium)
- You can compare up to 6 strikes at once — leave unused rows blank
- Click Calculate to see the intrinsic value and rate of return for each strike — the best result is highlighted in green
| # | Strike Price | Option Price (Premium) | Intrinsic Value at Target | Rate of Return |
|---|
* Rates of return are estimates based on the expected intrinsic value of the option when the stock reaches the specified target price.
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Try full access — $0.99 for 14 daysDisclaimer: This calculator is provided for educational and informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Results are estimates based on the figures you enter and do not account for commissions, fees, taxes, time value, implied volatility, or early exercise. Options trading involves substantial risk and is not suitable for all investors. Past performance is not a guarantee of future results. Always do your own research or consult a licensed financial advisor before making investment decisions. IncomeTrader.com is not responsible for any trading or investment decisions made based on this tool.