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Options profit calculator

Work out the payoff at expiry, the maximum profit and loss and the break-even for a single option or a common spread, from your strikes, your premiums and how many contracts you hold.

Your position

Strikes
Premiums, per share

Result

Payoff at expiry, underlying at 105$250.00If the underlying closes at 105 at expiry, this bull call spread makes $250.00 on 1 contract. The most it can make is $750.00 and the most it can lose is $250.00.
Payoff at every expiry price
Every figure
Payoff at expiry$250.00
Premium paid$250.00
Maximum profit$750.00
Maximum loss$250.00
Break-even at expiry102.50

Source and assumptions

  • Source: your inputs. Nothing is fetched from an exchange.
  • Each contract covers 100 shares, valued at expiry only.
  • Commissions and fees are not included.

How the numbers are worked out

Every input is yours: the strategy, its strikes, the premiums, the contract count and the underlying price you expect at expiry. Nothing is fetched from an exchange. Each contract covers 100 shares. A call's intrinsic value at expiry is max(S − K, 0); a put's is max(K − S, 0), where K is the strike and S the underlying price. A leg's contribution is side × (intrinsic − premium) × 100 × contracts: a long leg pays its premium, a short leg collects it. The payoff at expiry adds every leg at your expiry price. Maximum profit and loss come from the payoff across every possible expiry price: the calculator evaluates the payoff at each strike and at zero, and where it keeps rising or falling past the last strike it reports Unlimited. Break-evens are the expiry prices where the payoff is exactly zero.

If a spread costs more than its best payoff, the maximum profit is a loss, and the calculator words it as one. Commissions and fees are not included.

Build this as your own app

Give Younna the spreads you hold in your options book, with their strikes, premiums and contracts. It builds a personal app that redraws each position's payoff as the underlying moves and tells you when one nears its break-even or its maximum loss.

Younna never places trades.

See an example app on the home page →