Option Profit Calculators
Visualize the profit and loss of options strategies before you trade.
Single-Leg Strategies
Long Call
Bullish with limited risk. Profit when the stock rises.
→Long Put
Bearish with limited risk. Profit when the stock falls.
→Short Call
Bearish with unlimited risk. Profit when the stock stays flat or falls.
→Short Put
Bullish with substantial risk. Profit when the stock stays flat or rises.
→Vertical Spreads
Bull Call Spread
debitBullish debit spread. Lower cost than a long call, capped profit.
→Bull Put Spread
creditBullish credit spread. Collect premium with defined risk.
→Bear Put Spread
debitBearish debit spread. Lower cost than a long put, capped profit.
→Bear Call Spread
creditBearish credit spread. Collect premium with defined risk.
→Income Strategies
Volatility Strategies
Straddle
Bet on movement (long) or stability (short). ATM call + ATM put.
→Strangle
Bet on movement (long) or stability (short). OTM call + OTM put.
→Iron Condor
Profit when the stock stays in a wide range. Defined risk on both sides.
→Iron Butterfly
Profit when the stock stays in a tight range. Higher credit, tighter range.
→Diagonal Spreads
About These Calculators
Understand how options behave before putting real money at risk. Adjust the inputs to see how changes in stock price, volatility, and time affect your position.
How to Use
- Strategy calculators visualize P/L across stock prices and calculate max profit, max loss, and breakevens.
- Pricing tools calculate theoretical option values and Greeks—useful for learning how options are priced.
