Options Profit & Loss Calculator
Explore hypothetical long call and long put outcomes at expiration. Change the stock price, strike, premium, and number of contracts to see the payoff. Your Information. Your Decision.
Expiration scenarios
Below is the expiration payoff. The new date-by-date schedule estimates value before expiration using Black–Scholes.
Interactive results| Stock price | Intrinsic value / share | Profit / loss |
|---|
Profit / loss by date and stock price
Theoretical European-style option values before expiration. Green indicates gain and red loss. This is not a live option chain or a prediction.
Assumes long options held to expiration and standard cash-settled payoff math, excluding commissions, fees, taxes, early exercise, assignment and contract-specific adjustments. Most listed equity options represent 100 shares, but contracts can differ. Maximum loss is the premium paid. Long calls have theoretically unlimited upside; long puts are capped by a zero stock price. Before-expiration values require a separate pricing model and can differ substantially from this table. This is not trading advice.