Options Risk Profile

Build any options strategy and see its profit and loss at expiration and today, with break-evens, maximum profit and loss, chance of profit and the greeks.

Strategy

Market

Premiums are filled in with a Black-Scholes estimate from these numbers. Type your own prices into the legs to use real quotes.

Profit and loss by underlying price

At expirationTodayBreak-even

Drag the chart sideways to move the price range. Hover or touch it to read the profit and loss at any price.

Legs

Profit and loss at expiration

Estimates use the Black-Scholes model with one implied volatility for every leg, European exercise and no dividends. Real prices, early assignment, dividends and changes in volatility can give different results. The chance of profit assumes prices follow a log-normal distribution.

Already trading options?TradeThink imports your options trades from your broker, groups spreads together and shows this risk profile for every position, with live greeks.