Options Profit Calculator
Calculate options profit and loss for calls and puts. See break-even prices, maximum profit/loss, and visualize returns at different stock prices.
Option Details
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Long Call
+$500
at $110 stock price
$105.00
Break-Even Price
$500
Total Premium
ATM
Moneyness
Risk/Reward Profile
| Max Profit | Unlimited |
| Max Loss | $500 |
| Break-Even | $105.00 |
| Total Investment | $500 |
Profit/Loss at Key Prices
| Stock Price | Label | Profit/Loss |
|---|---|---|
| $80.00 | -20% | -$500 |
| $90.00 | -10% | -$500 |
| $100.00 | Strike | -$500 |
| $105.00 | Break-Even | +$0 |
| $110.00 | +10% | +$500 |
| $120.00 | +20% | +$1,500 |
Profit/Loss Chart
BE
$70Strike: $100$130
Options Basics
Calls vs Puts
Call: Right to buy at strike price. Profit when stock rises above strike + premium.Put: Right to sell at strike price. Profit when stock falls below strike - premium.
Long vs Short
Long: Buy the option. Pay premium upfront. Limited loss, potentially unlimited gain (calls).Short: Sell the option. Receive premium. Limited gain, potentially unlimited loss (calls).
ITM, ATM, OTM
ITM: Has intrinsic value (call: stock > strike).ATM: Strike ≈ stock price.OTM: No intrinsic value (call: stock < strike).
Frequently Asked Questions
Options Profit Formulas
| Strategy | Profit Formula | Break-Even |
|---|---|---|
| Long Call | (Stock - Strike - Premium) × 100 | Strike + Premium |
| Long Put | (Strike - Stock - Premium) × 100 | Strike - Premium |
| Short Call | (Premium - Max(0, Stock - Strike)) × 100 | Strike + Premium |
| Short Put | (Premium - Max(0, Strike - Stock)) × 100 | Strike - Premium |
Risk/Reward by Strategy
| Strategy | Max Profit | Max Loss |
|---|---|---|
| Long Call | Unlimited | Premium paid |
| Long Put | Strike - Premium | Premium paid |
| Short Call | Premium received | Unlimited |
| Short Put | Premium received | Strike - Premium |
When to Use Each Strategy
- Long Call: Bullish, expect stock to rise significantly
- Long Put: Bearish, expect stock to fall significantly
- Short Call: Neutral/bearish, expect stock to stay flat or fall
- Short Put: Neutral/bullish, willing to buy stock at lower price
Important Considerations
- Options expire - time decay works against long positions
- 1 contract = 100 shares
- Consider implied volatility when buying options
- Short options have unlimited risk (calls) or significant risk (puts)