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INTC Covered Call Calculator

Calculate max profit, max loss, breakeven and probability of profit for a Intel Corporation (INTC) covered call. Adjust the strike and premium and the payoff chart updates instantly.

Open the INTC Covered Call calculator →

Pre-loaded with INTC and the covered call — ready to edit.

INTC Covered Call — payoff at expirationexample @ $22
Max profit
$182
Max loss
-$2.12k
Breakeven
$21
Prob. of profit
61%

Illustrative example on a ~$22 share price and a 6-week expiration. Open the calculator for live pricing and to edit the strikes, premium and expiration.

INTC Covered Call: the essentials

Covered Call FAQ

Educational overview of how the strategy works — not financial advice.

What is a covered call on INTC?

You own 100 shares of Intel Corporation (INTC) and sell one call option against them, collecting the premium up front. In exchange for that income you agree to sell your shares at the strike if INTC rises above it. It's an income strategy for shares you're already happy to hold.

How much can I make and lose on a INTC covered call?

Max profit is capped: the premium you collect plus any gain in the shares up to the strike (if called away). The downside is large but defined — you still own the shares, so if INTC falls the premium only cushions part of the loss, all the way down to a total loss if it went to $0.

What is the breakeven on a INTC covered call?

Your share cost basis minus the premium collected. Below that price the premium no longer covers your unrealized loss on the shares.

What happens if INTC rises above the strike?

Your shares are "called away" — sold at the strike. You keep the full premium plus the gain up to the strike, but you miss any move beyond it. That capped upside is the core trade-off: income now in return for giving up a big rally.

When is a covered call a good idea?

When you're neutral-to-mildly-bullish on INTC, own the shares, and would be content selling them at the strike — ideally when implied volatility is elevated so the premium is richer. Remember it's income, not a hedge: the only downside protection is the premium you collected.

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Figures are theoretical estimates for education only — not financial advice. Options involve risk.

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