Options Profit Calculator (Call/Put)

Calculate call and put option profit/loss, break-even price, and payoff at different stock prices.

By Konstantin Iakovlev · Updated April 2026 · Source: SEC

Option Type
$
$
$

Profit / Loss

$0.00

Break-Even Price

$105.00

ROI

0.0%

Position Summary

Option TypeCall (Bullish)
Total Shares Controlled100
Total Premium Paid$500.00
Intrinsic Value (per share)$5.00
Break-Even Price$105.00
Max ProfitUnlimited
Max Loss$500.00

Payoff at Different Prices

Stock at $70.00-$500.00
Stock at $85.00-$500.00
Stock at $95.00-$500.00
Stock at $100.00-$500.00
Stock at $105.00$0.00
Stock at $115.00$1,000.00
Stock at $130.00$2,500.00

Use the Options Profit Calculator (Call/Put) above to calculate your results. Enter your values and see instant results — all calculations run in your browser.

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

How It Works

Pinpointing your profit or loss, break-even, and full payoff before you place a trade is what separates a deliberate options position from a guess. Built for 2026 conditions, this calculator covers both calls and puts and lets you see how the outcome shifts across a range of future stock prices, whether you are modeling a 2026 AI name running higher or a 2026 EV stock sliding lower. The point is to size up risk and reward in advance and sharpen your 2026 strategy.

The payoff formulas are exact. A call returns Max(0, (Stock Price at Expiration - Strike Price)) - Premium Paid, and a put returns Max(0, (Strike Price - Stock Price at Expiration)) - Premium Paid. Break-even falls at Strike Price + Premium for a call and Strike Price - Premium for a put, marking the stock price at which your total outlay is exactly matched by the option's intrinsic value.

Implied volatility belongs in your thinking from the start, since richer volatility lifts premiums and pushes your break-even further out. Commissions and transaction costs are easy to overlook, yet they can quietly swallow a thin profit. And because every option carries an expiration date, time decay (theta) works against you steadily, biting harder as 2026 brings the contract closer to expiry.

Example: 2026 Tesla (TSLA) Call Option Profit Calculation

  1. 1 Let's assume you buy one TSLA Jan 16, 2026, Call option with a strike price of $250 for a premium of $15.00 per share (total $1500 for 100 shares). The current TSLA stock price is $240.
  2. 2 If TSLA's stock price rises to $280 by January 16, 2026, your option's intrinsic value per share would be ($280 - $250) = $30.
  3. 3 Your total profit per share would be the intrinsic value minus the premium paid: $30 - $15 = $15.
  4. 4 For 100 shares, your total profit would be $15 * 100 = $1500. Your break-even price for this call option is $250 (strike) + $15 (premium) = $265. If TSLA closes below $265, you incur a loss; if it closes above, you make a profit.

Source: SEC · Last updated: April 2026

Frequently Asked Questions

How do I calculate my break-even on a call option?
Break-even on a call option equals the strike price plus the premium paid. If you buy a call with a $100 strike and pay a $5 premium, the stock must reach $105 for you to break even at expiration.
What is the maximum loss on a call option?
When buying a call option, your maximum loss is the premium paid. A $500 premium means you can lose at most $500 regardless of how far the stock drops. This defined risk is a key advantage of buying options versus owning stock.
How do put options make money?
A put option increases in value as the stock price falls below the strike price. Your profit equals the strike price minus the stock price minus the premium paid. Puts are used to profit from declines or to hedge existing stock positions.