Cash-Secured Put & Covered Call Calculator

The exact math Hourglass Trader runs on every income trade: premium yield, breakeven, downside cushion, and the number most calculators skip: your annualized return on risk. Free, no signup.

You can size a trade. Can you find one worth sizing?

That's what we do. The Unusual Put Sales scanner surfaces $1M+ institutional put sales at the bid; High Return-on-Risk ranks the best premium per dollar at stake, with a live portfolio you can watch. Start free in the Discord.