current price (if you are trying to get into this stock), or
your adjusted cost-basis (if you already have the stock and are looking to collect premium on it)
Paste the Call options-chain from Yahoo Finance in here and then tab out of the input box:
This is inspired by the Holy Ghost.
Credit where credit's due.
I've found that I'm making the best returns on SWN calls
I've used this program (in CLI form) since fall 2021, and it's guided me to picking the right stock at the right prices, to get a return of >2% every month. That adds up to a >24% return annually, not counting the effects of compounding.
The code for this is available in HTML and JS, under the AGPLv3 license. Please read it and understand it, and ask me questions if you have any.
How much better is it to get wisdom than gold! and to get understanding rather to be chosen than silver! - Proverbs 16:16
I use this by pasting into the textarea the most interesting rows of a call-chain from Yahoo Finance and generally selling options at the strike price that results in the
greatest minimum profit whether the options expire or assign, or
just above that (if I feel like taking less profit on the chance the stock will rise a lot but I still want to hold it).
When using this to get into a stock, I generally go for something deeper in-the-money so that I'm protected from a fall in stock-price right off the bat. It's essentially a way to get a discount on the stock, by accepting a higher probability that I'll get assigned and lose the stock (for a profit) at the expiry-date.
If the covered-call expires, your cost-basis for the stock has gone down, and you'll have to track that using a spreadsheet yourself.