The Options Profit Calculator helps users analyze potential financial outcomes of trading options by calculating break-even prices, maximum profit, maximum loss, return on investment, and total investment based on user inputs like option type, position, stock and strike prices, option premium, contracts, and target price.
Options Profit Calculator
Use Our Options Profit Calculator
Step-by-Step Guide to Using the Options Profit Calculator
Step 1: Select the Option Type
Begin by selecting the type of option you are interested in. You have two choices: Call Option or Put Option. Use the dropdown menu to make your selection.
Step 2: Choose Your Position
Next, determine your position. Select either Long (Buy) if you are buying the option or Short (Sell) if you are selling. Use the dropdown menu to choose your position.
Step 3: Enter the Current Stock Price
Input the current price of the underlying stock in dollars. Make sure to enter a value that is a positive number, with a minimum allowed value of $0.01.
Step 4: Specify the Strike Price
Enter the strike price of the option. This is the price at which the option can be exercised. Ensure the value is a positive number, with a minimum value of $0.01.
Step 5: Input the Premium
Provide the option premium amount in dollars. This is the cost of buying the option. Enter a positive number with at least $0.01 as the minimum value.
Step 6: Indicate the Number of Contracts
State the number of option contracts you wish to trade. Each contract typically represents 100 shares. Enter a whole number with a minimum of 1.
Step 7: Enter the Target Stock Price
Input your target stock price in dollars. This is the price you anticipate the stock will reach. Make sure to provide a positive number with a minimum value of $0.01.
Step 8: Review the Calculated Results
Once all input fields are filled, the calculator will compute and display the following result fields:
- Break-Even Price: The stock price at which the option holder will neither make a profit nor a loss.
- Maximum Loss: The maximum amount of money that can be lost on the option trade.
- Maximum Profit: The maximum potential profit from the option trade.
- Return on Investment (%): The percentage return on the investment made in the options.
- Total Investment: The total amount of money invested in the options.
Ensure that all calculations align with your expectations and investment strategy.
Conclusion
This calculator provides a comprehensive way to evaluate your potential gains and losses when trading option contracts. By following the steps above and filling in all necessary details, you can gain valuable insights into your options strategy.