Skip to main content

ETB · Eaton Vance Tax-Managed Buy-Write Income Fund · Options Calculator

Track ETB — free
$15.54 +0.16 (+1.04%) At close · Sep 11
Market Cap
$456.48M
Shares
29.37M

Options Calculator

Theoretical estimate

Estimate what a long-dated option on ETB could return if you hold it and the stock reaches a target price. Premiums are theoretical Black-Scholes-Merton values — tune the inputs to match your broker, then compare each strike's return against simply holding the shares.

Holding period

2.00 years

Implied volatility (%)

1-year realized volatility. Implied vol usually differs — adjust to your broker's number.Market-wide VIX 15.8.

Risk-free rate (%)

Latest SOFR (2026-09-10) — an overnight rate, a rough proxy over years.

Dividend per share

Annualizes to a 8.19% yield. Most recent $0.11 ex-date 2026-08-14; frequency detected — adjust if it's wrong.

Recent payouts
  • 2026-08-14 $0.11
  • 2026-07-15 $0.11
  • 2026-06-15 $0.11
  • 2026-05-15 $0.11
  • 2026-04-15 $0.11
  • 2026-03-16 $0.11
  • 2026-02-17 $0.11
  • 2026-01-15 $0.11
  • 2025-12-15 $0.11
  • 2025-11-14 $0.11
  • 2025-10-15 $0.11
  • 2025-09-15 $0.11
Target price at horizon

Spot $15.54 at close 2026-09-11.

Best strike
Highest estimated return
Return at target
annualized
Breakeven
Stock price to break even
Hold the stock
annualized, with dividends

Return by strike at your target price

Strike ladder

Strike Moneyness Premium Breakeven Value at target Return Annualized Max loss

Per share; one contract = 100 shares. Premiums are theoretical Black-Scholes-Merton estimates — real options are American-style and priced off an implied-volatility smile, so use your broker's quote for the actual premium. Not investment advice.

Loading strategy simulator…
Key facts CIK 1308927 CUSIP 27828X100 13F (30d) 20 filings 20 filers Visit website