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Official 2026 Rates · Verified

Options Profit Calculator (2026)

Payoff, breakeven, max profit, and max loss for a single call or put — long or short — at expiry.

verified_userBy Smart Calculator Editorial · ONN Group LLPupdateVerified 2026open_in_newSource: Options payoff formulaFor reference only — verify with official sources before financial decisions.

What is the Options Profit Calculator?

This calculator shows the profit or loss of a single option leg at expiry, plus its breakeven and risk limits. Use it to sanity-check a trade before you place it. For the annualised return on positions you already hold, see the CAGR Calculator.

Option type

Position

Assumes 100 shares per contract, held to expiry.

Result updates as you type

P/L at $120 expiry

+$1,500

Breakeven

$105

Net debit

$500

Max profit

Unlimited

Max loss

-$500

Single-leg payoff at expiry, before commissions and taxes. Options carry real risk of total loss — this is an educational tool, not trading advice.

Frequently Asked Questions

How is options profit calculated?expand_more

At expiry, a call is worth max(price − strike, 0) per share and a put is worth max(strike − price, 0). If you bought the option, your profit per share is that intrinsic value minus the premium you paid; if you sold it, it is the premium received minus the intrinsic value. The total is multiplied by the number of contracts and the lot size (100 shares per contract by default).

What is the breakeven price?expand_more

For a call, breakeven is the strike plus the premium; for a put, it is the strike minus the premium. Above (call) or below (put) that price, a long option starts making money. The breakeven is the same number whether you are long or short — it is just profit on one side and loss on the other.

Why does a short call show unlimited loss?expand_more

When you sell (write) a naked call, there is no ceiling on how high the underlying can rise, so your potential loss is theoretically unlimited. A short put's loss is capped only because the underlying cannot fall below zero. This is why selling options requires margin and careful risk management.

Does this include commissions and taxes?expand_more

No. The calculator shows the gross payoff at expiry before brokerage commissions, exchange fees, and any taxes. Singapore does not have capital gains tax, but trading costs still reduce your net result. It also assumes you hold to expiry rather than closing early.