Options Profit Calculator

Free options profit and loss calculator. Pick a strategy, type a ticker, and see your payoff chart, max profit, max loss, and breakeven instantly. No login, no ads.

Enter any price manually
ActionTypeStrikeDays to ExpiryPremiumQtyIV %
Max Profit
Unlimited
Max Loss
-$726
Breakeven
$207.26
Net Debit
$726

Profit / Loss by Date & Stock Price

Estimated P&L for each day until the nearest expiry, using Black-Scholes with your legs' implied volatility.

$170$175$180$185$190$195$200$205$210$215$220$225$230
Today-706-679-630-547-420-23902976451.0k1.5k1.9k2.4k
Aug 12-711-690-647-572-451-275-392586101.0k1.4k1.9k2.4k
Aug 14-715-696-658-588-472-301-662315869871.4k1.9k2.4k
Aug 17-719-705-674-612-505-340-1091905489561.4k1.9k2.3k
Aug 20-722-712-688-636-539-382-1541455099241.4k1.8k2.3k
Aug 23-724-718-701-659-574-427-203984698931.4k1.8k2.3k
Aug 25-725-721-708-674-598-458-238654428721.3k1.8k2.3k
Aug 28-726-724-717-694-634-509-296123998421.3k1.8k2.3k
Aug 31-726-726-723-712-670-565-361-483568151.3k1.8k2.3k
Sep 3-726-726-726-723-703-627-439-1153147931.3k1.8k2.3k
Sep 5-726-726-726-726-720-674-505-1652907831.3k1.8k2.3k
Sep 8 (exp)-726-726-726-726-726-726-726-2262747741.3k1.8k2.3k

Position Greeks

Black-Scholes greeks per leg and for the whole position. Theta is per day; vega and rho per 1% change.

LegDeltaGammaThetaVegaRho
Buy 1× $200 call 30d53.62.310-12.7622.788.22
Net position53.62.310-12.7622.788.22
Want live option chains, Greeks, and scanning in Excel? MarketXLS streams real-time options data straight into your spreadsheet.See plans

Options Profit Calculator FAQ

How does the options profit calculator work?

Pick a strategy preset (or build your own legs), enter a stock ticker, and the calculator instantly charts your profit and loss at expiration across a range of stock prices. It computes max profit, max loss, breakeven points, and net debit or credit using Black-Scholes option pricing — all free, with no login required.

Is this options profit calculator free?

Yes. The calculator is completely free with no ads and no account required. Every strategy, preset, and chart is available to everyone.

Which options strategies can I calculate?

Long calls and puts, covered calls, cash-secured puts, bull and bear spreads, credit spreads, straddles, strangles, iron condors, butterflies, collars, calendar spreads, and fully custom multi-leg strategies with up to 8 legs.

Can I share my strategy with others?

Yes — click "Share this strategy" and the calculator copies a link that reopens your exact setup: ticker, legs, strikes, and premiums. Great for Reddit, Discord, or trading groups.

Can I use this calculator in Excel?

Yes. Download the free Options Profit Calculator Excel template, which adds Monte Carlo simulation, Greeks analysis, scenario matrices, and a trade journal. With a MarketXLS subscription the spreadsheet fills with live market data automatically.

Where do the option premiums come from?

Premiums auto-fill with theoretical Black-Scholes values based on the implied volatility you set, and every field stays editable — paste in real quotes from your broker for exact results. Stock prices load from MarketXLS end-of-day data.

For educational purposes only. Not investment advice. Options involve risk and are not suitable for all investors. Theoretical values use the Black-Scholes model and may differ from market prices.