Covered Call Fund Scorecardby The 20 Delta Guy

Exit Math: compare your ways out of a winning option

Type in the position and the quotes from your broker. Exit Math lays out what each exit costs, frees up and leaves at risk, side by side, in a fixed order. By The 20 Delta Guy.

Everything is calculated in this browser. Nothing typed here leaves the page. Inputs are saved on this device only. Clear removes them.

About the tax notes. This shows general tax treatment by account type only. You need to know your own tax bracket and situation. We do not know your tax bracket and are not responsible for it. This is not tax advice. Talk to your accountant or financial advisor.
Position
Quotes today
Sale price used The bid is closer to a real fill when the market is wide.
Optional
Sell part
Roll into

About this calculator

Exit Math is an educational calculator. It is not investment, tax or legal advice, and it does not suggest any trade. It shows the arithmetic of each choice and leaves the choice alone. Columns always appear in the same order, and none is ranked or highlighted.

Results depend entirely on the quotes and dates typed in. There is no live option data on this page. Real fills, fees and taxes can differ, and the math leaves out margin, interest and anything that happens before expiration beyond the what-if rows.

Options involve risk and are not suitable for every investor. Before trading options, read Characteristics and Risks of Standardized Options, published by The Options Clearing Corporation. Tax notes are plain-language summaries of general US rules for the account type selected. Not tax advice. Check with a tax pro.

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