Options Profit Calculator
Calculate profit and loss for any options strategy. See interactive P/L charts, max profit, max loss, and breakeven points.
Profit / Loss at Expiration
Strategy Summary
Long Call with 1 contract at $100 stock price.
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Frequently Asked Questions
How do you calculate options profit?
Options profit equals the difference between the option value at expiration (or current market value) and the premium you paid, multiplied by 100 shares per contract. For calls: max(0, stock price - strike) - premium paid. For puts: max(0, strike - stock price) - premium paid.
What is the maximum loss on a long call option?
The maximum loss on a long call is the premium you paid for the option. If the stock stays below the strike price at expiration, the option expires worthless and you lose only the premium.
How does time decay affect options profit?
Time decay (theta) reduces an option's value each day. Options lose value faster as expiration approaches, especially in the final 30 days. This hurts option buyers but benefits sellers.
What is breakeven on an options trade?
For a long call, breakeven is the strike price plus the premium paid. For a long put, breakeven is the strike price minus the premium paid. For spreads, breakeven depends on the net credit or debit of the position.
How do you calculate P/L for an iron condor?
Iron condor max profit is the net credit received. Max loss is the width of the wider spread minus the net credit. You profit when the underlying stays between your short strikes at expiration.
Is this calculator free to use?
Yes, the options profit calculator is completely free with no account required. For live market data and AI-powered trade recommendations, try Alpha Copilot.