Is the Options Profit Calculator free?
Yes. It is completely free, with no sign-up, no watermark, and no usage limits.
Does it use a specific currency?
No. Amounts are currency-neutral and use the same unit across all inputs, so it works in any country.
How is profit on a call option calculated?
At expiration a call is worth max(0, stock price − strike) per share. Profit = (that value − premium paid) × 100 shares per contract. A $100 call bought for $3.50 with the stock at $110 makes (10 − 3.50) × 100 = $650; breakeven is $103.50.
Why is the loss on a short call unlimited?
Selling a call obliges you to deliver shares at the strike however high the stock goes, so the loss grows without limit. Buying an option risks only the premium. This models the value at expiration only, not before it.