Scenario Lab
UBER $72 covered call
Explore the expiration payoff and understand what changes if UBER falls, stays flat, or rises sharply.
1 · Goal
2 · Eligibility
3 · Candidate
4 · Scenario
5 · Save
Profit / loss at expiration
100 shares at $66 + one short $72 call for $2.10.
Maximum profit$810
Break-even$63.90
Downside cushion3.2%
Max loss$6,390*
Outcome table
Approximate expiration outcomes, before fees and taxes.
| UBER price | Call outcome | Shares | Strategy P/L | Interpretation |
|---|---|---|---|---|
| $55 | Expires | Retained | −$890 | Premium offsets only part of stock loss |
| $66 | Expires | Retained | +$210 | Premium is the gain |
| $70 | Expires | Retained | +$610 | Stock gain plus premium |
| $72 | At strike | May be sold | +$810 | Maximum strategy profit |
| $80 | Assigned | Sold at $72 | +$810 | $800 additional upside forgone |