The options trading profit & loss calculator is a powerful digital tool that helps you determine:
📌 Breakeven Price: When your trade neither makes profit nor suffers a loss.
📈 Maximum Profit and Maximum Loss: For both long and short positions in calls and puts.
🎯 Profit/Loss at a Specific Target Price: Capture expected returns at different market levels.
📊 Payoff Diagram: A visual graph displaying your strategy’s payoff profile over a range of underlying prices.
This calculator is designed for all Indian options marketplaces—equity, index (like Nifty with lot size 75), commodities, and more. It supports real-world variables like lot sizes, number of contracts, and broker commissions.
Risk Clarity
Understand your maximum loss before executing a trade. For instance, a long Nifty call only risks the premium (plus commission)—no surprise liabilities.
Expected Returns
Quickly compute your break-even price and determine whether the premium is worth the potential upside, avoiding unrealistic profit expectations.
Comparative Analysis
Evaluate multiple trade setups—long call vs short put vs long put—and compare P/L dynamics with ease.
Visual Insight
The payoff graph demystifies complex trading strategies; you can visualize how profit or loss fluctuates with underlying price movement.
Commission & Lot Precision
Factoring in brokerage and lot size ensures realistic profit/loss outcomes—crucial in high-volume index and commodity trading.
Choose Call or Put based on anticipated market movement.
Select Buy (Long) if you expect the underlying asset to move favorably or Sell (Short) if you expect neutral to adverse movement.
Underlying Price: Current market price (e.g., Nifty at 20,000).
Strike Price: Option strike (e.g., 20,200 for a Call).
Premium: Option price per unit (e.g., ₹200).
Number of Contracts (e.g. 2 for 2 lots).
Lot Size (e.g. 75 for Nifty index options).
Commission per Contract charged by your broker.
The calculator instantly displays Breakeven, Max Profit, Max Loss.
Enter a Target Price to see expected P/L at that level.
A dynamic Payoff Chart visualizes your trade outcome as underlying prices move.
| Input Field | Description | Example Value |
|---|---|---|
| Option Type | Choose call or put | Call |
| Position | Buy (long) or Sell (short) | Long |
| Underlying Price | Current market price (Nifty / Stock) | ₹20,000 |
| Strike Price | Selected option strike | ₹20,200 |
| Premium | Price paid per option | ₹200 |
| Number of Contracts | How many lots you trade | 2 |
| Lot Size | Units per contract (e.g., 75 for Nifty) | 75 |
| Commission (per contract) | Brokerage cost you pay | ₹20 |
Call: Strike + Premium
Put: Strike – Premium
Example: Strike = 2020, Premium = 200 → Breakeven = 2220 (Call)
Long Call: Unlimited (price can rise indefinitely)
Long Put: Limited to Strike – Premium
Short Call: Premium – commission
Short Put: Premium – commission
Long Call/Put: Premium paid + commission
Short Call: Unlimited (theoretically infinite risk!)
Short Put: Strike – Premium + commission (as value declines to zero)
You choose a future underlying price (e.g. 2300) and instantly see your profit or loss factoring in quantity (lot × contracts) and brokerage.
The graph spans a range of potential prices and visualizes profit/loss values. It helps you intuitively assess risk/reward across multiple scenarios.
| Strategy | Breakeven | Max Profit | Max Loss | Notes |
|---|---|---|---|---|
| Long Call | ₹20,400 | Unlimited | ₹4,400 | Bullish outlook |
| Short Put | ₹19,800 | ₹3,000 | ₹∞ (if asset drops to zero) | Bearish-neutral outlook |
| Long Put | ₹19,400 | 5,000 | ₹4,400 | Bearish view |
Accuracy: Includes real-world commissions and lot sizing.
Speed: Instant results with every input change—ideal for screening strategies.
Usability: Designed for Indian traders (Nifty, BankNifty, commodities).
Visual Intelligence: Payoff graphs aid understanding and decision-making.
Educational Value: Great for beginners and intermediates learning P/L mechanics.
Scan multiple setups: Change strikes and premiums to analyze which setup offers better breakeven and risk/reward.
Stress-test targets: Enter bullish and bearish target prices to view P/L under different market scenarios.
Include commissions: Always account for total commission (contracts × per-contract fee) to avoid undervaluing costs.
Embrace visual charts: Watch how the payoff graph shifts to gauge risk zones and profit zones visually.
Long Call: Best for strong bullish views; limited risk, unlimited reward.
Long Put: Ideal for bearish bets; limited reward, limited risk.
Short Call/Put: Generates income but may carry unlimited risk—use only with strong conviction or hedges.
The options trading profit & loss calculator is more than just a tool—it’s a trading companion. Whether you’re scanning potential setups or evaluating trade scenarios, it offers clarity, precision, and visual insight—key ingredients for smarter trading. It’s especially valuable in India’s fast-paced markets: equity, index, or commodities.
So if you’re serious about trading, explore this calculator thoroughly, understand your risk management, and keep pursuing options education. Better trades start with better analysis.