Professional Options Strategy Calculator

Professional Options Strategy Calculator

Calculate profit/loss, breakeven points, and risk metrics for various options strategies

Hedging
Butterfly
Straddle
Strangle
Iron Condor
Collar

Hedging Strategy

Protect your portfolio from adverse price movements by taking an offsetting position. This calculator helps you determine the optimal hedge ratio and effectiveness of your hedging strategy.

Unhedged Loss -$10,000.00
Hedged Loss -$5,200.00
Net Protection $4,800.00
Hedge Effectiveness 84.6%

Hedging Effectiveness

Butterfly Strategy

A neutral options strategy that combines bull and bear spreads. It has limited risk and limited profit potential, with profits maximized at a specific price point.

Max Profit $4,250.00
Max Loss $750.00
Breakeven Lower $92.50
Breakeven Upper $107.50

Butterfly Profit/Loss Chart

Straddle Strategy

A strategy involving the purchase of both a call and put option with the same strike price and expiration date. Profits from significant price movement in either direction.

Total Cost $3,250.00
Breakeven Lower $93.50
Breakeven Upper $106.50
Max Profit Potential Unlimited

Straddle Profit/Loss Chart

Strangle Strategy

Similar to a straddle but uses out-of-the-money options with different strike prices. Lower cost than a straddle but requires larger price movement to profit.

Total Cost $2,250.00
Breakeven Lower $92.50
Breakeven Upper $107.50
Max Loss $2,250.00

Strangle Profit/Loss Chart

Iron Condor Strategy

A neutral strategy with limited risk that profits from low volatility. Combines a bull put spread and a bear call spread with the same expiration date.

Max Profit $2,500.00
Max Loss $2,500.00
Breakeven Lower $92.50
Breakeven Upper $107.50

Iron Condor Profit/Loss Chart

Collar Strategy

A protective strategy that involves holding shares of stock while simultaneously buying protective puts and selling covered calls to limit risk.

Max Profit $7,500.00
Max Loss -$2,500.00
Breakeven $99.50
Net Credit/DeBIT $500.00

Collar Profit/Loss Chart

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