Hypothetical scenarios
Options profit calculator examples
Use examples to check whether you understand the payoff before you risk real money.
SetupInputsTargetLesson
Long call105 strike, $3.20 debit$112Direction helps only after intrinsic value exceeds premium.
Long put95 strike, $2.50 debit$88Defined risk does not mean likely profit.
Covered call$100 basis, 110 call, $3 credit$118Premium helps, but upside above strike is capped.
Bull call spread100/110 strikes, $4 debit$115Defined reward tops out at spread width less debit.
Interactive payoff studio
Options payoff workbench
Choose a strategy, enter your assumptions, and review expiration P/L, breakeven, max risk, and payoff shape in one focused panel.
Expiration P/LBreakevenMax riskPayoff shape
Scenario output
Simplified expiration math only. Results exclude commissions, bid/ask spread, early assignment, exercise decisions, margin, taxes, dividends, borrow costs, interest rates, changing implied volatility, and before-expiration Greeks.
Primary reading: OIC Profit and Loss Simulator · FINRA options overview · SEC Investor Bulletin on options · OIC options pricing overview