Options Strategy Calculator

Model multi-leg options strategies with Greeks, payoff charts, and probability metrics.

Options Strategy Calculator

Model multi-leg options strategies with Greeks, payoff charts, and probability metrics.

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Options Lab

Strategy Builder & Greeks

Build option strategies, stress test IV and time, and visualize payoff with Black-Scholes Greeks.

Strategy presets

Tap to load common constructions.

Basic

Spreads

Volatility

Advanced

Custom

Market inputs

Adjust prices, volatility, and time.

$
$
days
%
%
%
Debit (cost)

$304

Total cost to open for this position (per 100 shares).

IV shift0%
Time pass0%

Win probability

34%

Expected 1 stdev move: $7.17
Hover to inspect payoff

Net Delta

0.5348

Net Gamma

0.0554

Net Theta (per day)

-0.0537

Net Vega (per 1%)

0.1139

Position overview

$304

Cost to open (per 100 shares)

Max profit

Infinity

Max loss

304.18311202714534

Probability of profit

34%

Breakevens

$103.04

Leg breakdown

BuyCALLStrike $100IV 25.0%T 30d
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