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Options T-chart and payoff calculator

Buying puts money out, selling brings money in. Change a number and the payoff at expiration, max gain, max loss and breakeven update.

Buy call
Money outMoney in
Buy call $3
Max gain
Unlimited
Max loss
$300
Breakeven
$53

Per contract (100 shares). Breakevens are per-share prices at expiration.

Profit or loss at expiration (per share)
Stock priceP/L
$0−$3
$40−$3
$50−$3
$60$7

Want graded practice? Try the free drills.

Sources

For study only. Not investment, tax or legal advice.