Options Profit Calculator
Calculate profit, loss, and break-even for your options positions. Perfect for calls, puts, and understanding your risk/reward profile.
Option Details
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Position Summary
Position:Long 1 Call Contract
Strike:$100
Premium:$5 per share
Total Investment:$500
Current Profit/Loss
-$500
Break-Even Price
$105
Return on Investment
-100.00%
Max Profit
Unlimited
Max Loss
-$500
Estimated Probability of Profit
69%
Profit/Loss at Expiration
Current Price
Break-Even
Understanding Options Profit & Loss
Call Options
A call option gives you the right (but not obligation) to buy stock at the strike price.
- •Long Call: Bullish strategy. Profit when stock rises above strike + premium.
- •Short Call: Bearish/neutral. Profit from premium if stock stays below strike.
Put Options
A put option gives you the right (but not obligation) to sell stock at the strike price.
- •Long Put: Bearish strategy. Profit when stock falls below strike - premium.
- •Short Put: Bullish/neutral. Profit from premium if stock stays above strike.
Key Concepts
- Strike Price: The price at which you can exercise the option
- Premium: The cost per share to buy/sell the option
- Contract Size: Each contract = 100 shares
- Break-Even: Stock price where P&L = $0
Risk Management
- Long positions: Risk limited to premium paid
- Short calls: Unlimited risk if stock rallies
- Short puts: Risk limited to strike price (if stock goes to $0)
- Always know your max loss before entering a trade