Tool
Options calculator
Black-Scholes-Merton pricing with full Greeks and a P&L-at-expiry curve. European-style math. Theoretical only — real market quotes will differ due to early exercise, bid-ask spread, liquidity, volatility skew, and dividend timing.
Theoretical pricing only. Outputs here are mathematical estimates based on your inputs. They are not broker quotes, not a recommendation, and do not account for early-exercise premium on American options, volatility skew, bid-ask spread, or transaction costs. See the disclaimer.
Inputs
$
$
%
%
%
$
Theoretical pricing
Price per share
$3.87
Per contract
$386.98
Position (1 ctr)
$386.98
Breakeven at expiry
$208.87
Call is out of the money (-2.4%) · Position: long
Greeks (per share)
Delta$/$ spot
0.3962
GammaΔdelta/$
0.0269
Theta (per day)$/day
-0.1002
Vega$/1 vol pt
0.2209
Rho$/1 rate pt
0.0619
P&L at expiration (1 contracts)
Break-even $208.87
Max profit
Unlimited
Max loss
$386.98
Short naked calls have unlimited theoretical loss — the underlying can rise without bound.