Options P&L Calculator

Visualize profit, loss, and breakeven for CSPs, covered calls, and vertical credit spreads — instantly.

Position Inputs

Sell a put below current price. Collect premium, with obligation to buy shares at strike if assigned.

Underlying Price ($)

Strike Price ($)

Short Strike ($)

Premium / Credit ($)

Contracts

DTE (days)

Key Metrics

Max Profit

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Max Loss

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Breakeven

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Return on Risk

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Premium (total)

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Capital Required

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P&L at Expiration

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Enter your position and click Calculate

// Cash-Secured Put

Sell a put strike below market price. Collect premium upfront. If price stays above strike, you keep premium. If assigned, you buy shares at strike — effectively at (strike − premium).

// Covered Call

Own 100 shares, sell a call above your cost basis. Collect premium. If price stays below strike you keep both shares and premium. If called away, you sell at strike + premium received.

// Vertical Credit Spread

Sell one strike, buy a further OTM strike as protection. Max profit = net credit received. Max loss = width of spread − credit. Defined risk, lower capital requirement than naked short options.

⚠ DISCLAIMER: This tool is for educational and informational purposes only. Options trading involves substantial risk of loss and is not suitable for all investors. Nothing here constitutes financial advice. Always consult a licensed financial professional before trading.