Make work optional

Options Payoff Calculator for Calls and Puts

Calculate how much an option can gain or lose, today or at expiration.

How it works

  1. Pick a strategy and set the stock and strike.
  2. Drag across the chart to try different stock prices.
  3. Slide the ruler to move from today to expiration.
Try the options analyzerBuy or sell a call or put, then change the price and time
Your position

Build an option trade

Interest and dividend assumptions
Estimated option price $5.00
Estimated position result $0
Break-even at expiration $105.00
Maximum gain Unlimited
Maximum loss $500
30 days remaining

Estimated buy-call result

ProfitLoss

Drag the chart to test a price.

Estimated option result Estimated profit and loss across possible stock prices.
$110.00$65.00$140.00
30 daysExpiration60 days

Change an input to explore the contract.

This is an educational estimate, not a market quote. Before expiration it uses a Cox-Ross-Rubinstein binomial model for an American-style stock option, allowing exercise at each step. Brokers, exchanges, and OCC may use proprietary model variations, discrete dividends, intraday timing, and different market inputs. Actual tradable prices come from market bids and asks. Changing volatility, spreads, fees, taxes, liquidity, exercise, and assignment can make the real result different. The sell-call view is uncovered; use covered call to include your shares. Inputs stay in your browser. Learn about option-pricing models from the Options Industry Council.

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