Options Profit Calculator
Calculate P&L at expiry for calls and puts. See breakeven price, max profit, and max loss with a live chart.
손익 at expiry (intrinsic value only — excludes time value and IV)
How to calculate options profit at expiry
Options 손익 at expiry depends on where the underlying closes relative to the strike price. This calculator usesintrinsic value only — appropriate for planning expiry scenarios, though actual P&L before expiry includes time value (theta) and implied volatility (vega).
Long call: Profit = max(0, underlying − strike) × contracts × 100 − premium paid. Breakeven = strike + premium.
Long put: Profit = max(0, strike − underlying) × contracts × 100 − premium paid. Breakeven = strike − premium.
Short call/put: The premium collected is your max profit. Max loss is theoretically unlimited (call) or limited to strike × 100 × contracts (put).
To track your actual options performance — including multi-leg strategies like spreads, condors, and straddles — SuperTrader's options trading journal groups legs automatically and shows your real-world P&L per strategy type.
Track your options trades automatically.
SuperTrader imports from Robinhood, Schwab, Tastytrade, and IBKR. Groups multi-leg strategies, tracks DTE at entry, IV rank, and win rate by strategy type.