Option Payoff Calculator



How to Use Option Payoff Calculator

  • Select Call or Put option.
  • Enter strike price.
  • Enter option premium.
  • Enter lot size.
  • Click calculate to see payoff at different prices.

Theory – What is Option Payoff?

Option payoff shows how much profit or loss an option buyer will make at different market prices on expiry. It is used to visualize risk and reward.


Formula Used

Call Payoff = max(0, Spot − Strike) − Premium

Put Payoff = max(0, Strike − Spot) − Premium

Total P&L = Payoff × Quantity