NKX · Nuveen California Amt-Free Quality Municipal Income Fund

$12.20 -0.05 (-0.41%)

Market Cap

$654.69M

53.44M

Options Calculator

Theoretical estimate

Estimate what a long-dated option on NKX 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 18.2.

Risk-free rate (%)

Latest SOFR (2026-07-28) — an overnight rate, a rough proxy over years.

Dividend per share $

Annualizes to a 7.08% yield. Most recent $0.07 ex-date 2026-06-15; frequency detected — adjust if it's wrong.

Recent payouts

2026-06-15 $0.07
2026-05-15 $0.08
2026-04-15 $0.08
2026-03-13 $0.08
2026-02-13 $0.08
2026-01-15 $0.08
2025-12-15 $0.08
2025-11-14 $0.08
2025-10-15 $0.08
2025-09-15 $0.08
2025-08-15 $0.08

Target price at horizon

Spot $12.20 today.

Best strike

—

Highest estimated return

Return at target

—

— annualized

Breakeven

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Stock price to break even

Hold the stock

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— 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.

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Key facts CIK 1195738 CUSIP 670651108 13F (30d) 31 filings 31 filers Visit website