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Options Calculators

Calculate P&L, break-even prices, and position sizes for any options strategy — instantly, no data sent to any server.

Results (per position)

Max Profit

Unlimited

Max Loss

$350

Break-Even

$158.5

Profit if stock rises above $158.5

For educational purposes only. Not financial advice. Always verify calculations with your broker before placing trades.

More Free Calculators

Options Greeks Calculator

Delta, Gamma, Theta, Vega, Rho — Black-Scholes-Merton

Probability of Profit Calculator

Iron condors, short puts, spreads, strangles

IV Crush Calculator

Estimate post-earnings volatility repricing with vega

Max Loss Checker

Check long premium, debit spread, and credit spread risk

Expiration Risk Checker

Score assignment, liquidity, and undefined-risk pressure

AI Trading Coach

Ask an options question, get a Claude-generated answer — 3 free/day

Unusual Options Activity

Daily volume-vs-open-interest spike screener, 15-min delayed

Practice these strategies risk-free

Use FainTrading's paper trading simulator with $100K virtual money to test options strategies before committing real capital.

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Why Use Options Calculators?

Before entering any options trade, knowing your max profit, max loss, and break-even price is essential. These free calculators let you model any scenario in seconds — no spreadsheets, no guesswork.