Calculate the maximum profit, maximum loss, and breakeven point for standard Call and Put options at expiration. Visualize your P/L with our interactive table.
Action
Option Type
$
$
Breakeven Price
$102.50
Max Profit
Unlimited
Max Loss
-$250.00
An Options Profit Calculator helps traders visualize the potential financial outcome (Profit/Loss) of an options trade at the time of expiration. While options pricing before expiration is complex, the math at expiration is simple and deterministic. By inputting your Option Type (Call or Put), your Action (Buy or Sell), the Strike Price, and the Premium, you can immediately see your exact breakeven price and your risk profile.
When you buy a Call option, you are betting that the underlying stock's price will rise significantly before expiration. Your Maximum Risk is strictly limited to the premium you paid. However, your Maximum Profit is theoretically unlimited, as a stock's price can rise infinitely. Your breakeven point is simply the Strike Price plus the Premium paid.
Buying a Put option is a bearish strategy used when you expect a stock's price to fall. Like a Long Call, your maximum risk is limited to the premium paid. Your maximum profit occurs if the stock goes all the way to zero. Your breakeven point is the Strike Price minus the Premium paid.
Selling (writing) options without holding the underlying stock ("Naked" options) is a high-risk strategy. When you sell a Call, your maximum profit is limited to the premium received, but your Maximum Loss is theoretically unlimited if the stock skyrockets. When you sell a Put, your max loss is substantial if the stock drops to zero. Always understand your margin requirements and risk profile before shorting options.