Options Profit Calculator
Model Call and Put options payoffs, project profit targets, and analyze Black-Scholes Greeks
Results
Profit
$950.00
Break-Even Price: $155.5
Payoff Curve Projection
-$550
-$550
-$550
+$950
+$2,450
-20% ($120)
-10% ($135)
Current ($150)
+10% ($165)
+20% ($180)
Total Premium
$550
Break-Even Price
$155.5
Maximum Risk
$550
Maximum Reward
Unlimited
Potential P&L
+$950
Frequently Asked Questions
- An options profit calculator is a tool that models the potential profit or loss (PnL) of call and put options based on different target prices. It uses the theoretical Black-Scholes model to estimate option prices and greeks under various market scenarios.
- Greeks are risk measures named after Greek letters (Delta, Gamma, Vega, Theta, Rho) that describe how an option's price reacts to changes in stock price, volatility, time to expiration, and risk-free interest rates. You can learn more about pricing dynamics from the CBOE Options Institute.
- Call options gain value when the underlying stock price rises, while Put options gain value when the stock price falls. This relationship is quantified by Delta.
- Implied volatility is a market forecast of the underlying asset's future volatility. Higher IV increases option premium prices because there is a higher probability of large price swings.
- Buying (long) options limits your risk to the premium paid while offering potentially unlimited rewards. Selling (short) options caps your reward at the premium received but can expose you to substantial or unlimited risk.