OpCalc
Options Profit Calculator
Free options modeling tool · Educational use only
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Prices delayed 15 min · No account required
Strategies →
Long Call
Profit when the stock rises
Long Put
Profit when the stock falls
Bull Call Spread
Bullish with capped risk
Bear Put Spread
Bearish with capped risk
Covered Call
Generate income from stock you own
Learn →
What Is a Call Option?
The right to buy 100 shares at a fixed price.
How to Pick a Strike Price
ITM, ATM, OTM — how the choice affects your trade.
Theta Decay
The daily cost of holding an option, explained.
How Spreads Work
Reduce cost and cap risk with two-leg strategies.
Iron Condor
Profit when a stock stays in a range.
Options Greeks
Delta, gamma, theta, vega — what they measure.
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