Options Trading Calculator
Calculate profit, loss, and break-even for call and put options
About options trading
What is a call option?
A call option gives you the right to buy 100 shares of a stock at the strike price before expiration. You profit when the stock price rises above your break-even point (strike price + premium paid).
What is a put option?
A put option gives you the right to sell 100 shares at the strike price before expiration. You profit when the stock price falls below your break-even point (strike price − premium paid).
What is the break-even price?
The price the stock must reach at expiration for you to neither profit nor lose money. For a long call: strike + premium. For a long put: strike − premium.
What does one contract represent?
Each options contract controls 100 shares. So a $2.00 premium costs $200 per contract ($2.00 × 100 shares).