NFJ

Virtus Dividend, Interest & Premium Strategy Fund

$15.26 +0.06 (+0.39%) At close · Jul 2

Market Cap

$1.44B

92,967,244

Options Calculator

Theoretical estimate

Estimate what a long-dated option on NFJ 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 (2026-07-01) — an overnight rate, a rough proxy over years.

Dividend per share $

Annualizes to a 7.99% yield. Most recent $0.31 ex-date 2026-06-15; frequency detected — adjust if it's wrong.

Recent payouts

2026-06-15 $0.31
2026-03-16 $0.31
2025-12-11 $0.31
2025-09-12 $0.31

Target price at horizon

Spot $15.26 on 2026-07-02.

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.

Key facts CIK 1260563 CUSIP 92840R101 13F (30d) 16 filings 1 filers