Options profit calculator

At expiry an option is worth its intrinsic value: price above strike for a call, strike above price for a put. A buyer's profit is intrinsic value minus the premium paid; a seller's is the premium minus intrinsic value. A 25000 call bought at 100 breaks even at 25100; at 25250 the profit is 150 per unit.

Profit / loss at expiry: 11,250
Breakeven price: 25,100
Maximum loss: 7,500
Maximum profit: Unlimited

How it is calculated

Call intrinsic = max(price − strike, 0); put intrinsic = max(strike − price, 0)
Long P/L = (intrinsic − premium) × quantity; short P/L = (premium − intrinsic) × quantity
Breakeven: call = strike + premium; put = strike − premium

Worked example

Long 25000 call at 100, quantity 75. At 25250 the intrinsic value is 250, profit = (250 − 100) × 75 = 11,250. Maximum loss is the premium paid: 7,500. Charges are not included.

Educational maths only. Not investment advice.

Questions

Does this include time value or charges?

No. It shows value at expiry only, before brokerage, taxes and other charges.

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Options profit calculator