Options Income Calculators
Every OptionLeo calculator in one place — covered calls, cash-secured puts, the poor man's covered call, and the wheel strategy. All free, all client-side, no sign-up. Each tool sits above a full explainer with a worked example and FAQ.
Covered Call Calculator
Premium income, annualized yield, breakeven, and max profit if called away for shares you own.
Open calculator →Cash-Secured Put Calculator
Cash required, premium income, annualized yield, breakeven if assigned, and % out-of-the-money.
Open calculator →Poor Man's Covered Call (PMCC)
Model a LEAPS diagonal: net debit, approximate max profit, breakeven, and annualized income yield.
Open calculator →Wheel Strategy Calculator
Walk the full income cycle — sell a put, take assignment, sell covered calls — with cumulative P&L.
Open calculator →Options Income Score
A short self-assessment of your readiness to run a disciplined options income process.
Open calculator →
Which calculator should I use?
If you already own 100+ shares and want income, start with the covered call calculator. If you have cash and want to buy a stock lower while getting paid to wait, use the cash-secured put calculator. If you want covered-call-style income with less capital, model a poor man's covered call. And to see how selling puts and calls combine into one repeating income engine, run the wheel strategy calculator.