Options Profit Calculator
Calculate profit, loss, ROI, and breakeven prices for call and put options. Essential for options trading analysis.
Educational use only. Not financial advice. Results are estimates. Trading involves risk. Read full disclaimer.
Options trading requires careful analysis of potential profits and losses before entering a trade. This calculator helps you understand how your option position will perform at different underlying prices. By calculating intrinsic value, profit/loss, and breakeven points, you can make more informed decisions about which options to trade and when to exit.
Options Profit Calculator
Results
Total Cost
$250.00
Intrinsic Value (per share)
$5.00
Total Value
$500.00
Profit/Loss
$+250.00
ROI
+100.00%
Breakeven Price
$102.50
Estimates only.
How to Use This Calculator
- Select option type: Choose whether you're buying a call or put option.
- Enter the strike price: The price at which you can exercise the option.
- Enter premium paid: The cost per share to buy the option (multiply by 100 for total per contract).
- Enter number of contracts: How many option contracts you're buying (default is 1).
- Enter exit price: The underlying asset price at which you want to evaluate the option's value.
- Review results: See intrinsic value, total value, profit/loss, ROI, and breakeven price.
Formula
Cost = Premium Paid × 100 × Contracts
Call Intrinsic Value = Max(Exit Price - Strike, 0)
Put Intrinsic Value = Max(Strike - Exit Price, 0)
Value = Intrinsic Value × 100 × Contracts
Profit/Loss = Value - Cost
ROI = (Profit/Loss ÷ Cost) × 100
Call Breakeven = Strike + Premium Paid
Put Breakeven = Strike - Premium Paid
Common Mistakes to Avoid
- Ignoring time decay: This calculator shows intrinsic value, but options also have time value that decays. An option can lose value even if the underlying moves in your favor if time decay outpaces the intrinsic gain.
- Not accounting for commissions: Options commissions can add up, especially for multi-contract trades. Factor these into your profit calculations.
- Forgetting about assignment risk: If you sell options (not covered here), you face unlimited risk. This calculator is for buying options only.
- Setting unrealistic exit prices: Don't assume the underlying will move to your target price. Options can expire worthless, resulting in 100% loss of premium.