US Options Profit & P&L Visualizer

Analyze the potential returns and risks of your US option contracts with contract fee integration.

Option Setup

Strike ($)

Premium ($)

Contracts

Fee / Contract

Price at Expiration ($)

1 standard US option contract covers 100 shares. Fees vary by broker (e.g., Schwab/Fidelity $0.65, Robinhood $0).

Net Realized P&L

+$1,049.35

232.9%

Cost / Credit

$450.65

Max Risk

$450.65

Max Profit

$Unlimited*

Breakeven

$154.51

Strategy Intelligence

Leverage Factor36.6x

Intrinsic Value at Target$15.00 / share

Extrinsic (Time) Value Paid$4.50 / share

Greeks Focus

Remember: Option premiums decay daily (Theta) and move with volatility (Vega). This calculator focuses on price-based P&L at expiration.

US Hub

Advanced Options

How US Option Contracts Work

Options are powerful financial derivatives that give you the right, but not the obligation, to buy (Call) or sell (Put) an underlying stock at a specific price (Strike Price) before a certain date (Expiration).

1. The "100 Share" Rule

In the US market, one standard option contract controls 100 shares of the underlying stock. If an option premium is quoted at $2.50, the actual cost to buy the contract is $250 ($2.50 x 100 shares).

2. Contract Fees & Commissions

While many brokers have moved to $0 commissions for stocks, many still charge a fee for options. Full-service brokers like Schwab, E*Trade, and TD Ameritrade typically charge $0.65 per contract. Discount brokers like Robinhood and WeBull often offer $0 option trades.

3. Intrinsic vs. Extrinsic Value

The value of an option is split into two parts:

Intrinsic Value: The amount the option is "in the money" (e.g., if you have a $150 Call and the stock is at $155, the intrinsic value is $5).
Extrinsic (Time) Value: The remaining value of the premium, which decays as the expiration date approaches (Theta decay).

Strategy: Calculating Breakeven

For a Long Call, your breakeven is the Strike Price + Premium Paid. If you buy a $150 Call for $5, the stock must be at least $155 at expiration for you to see a profit. Our calculator also factors in contract fees to give you the exact breakeven.

This calculator is part of our premier suite of Wall Street investment calculators. Explore the fullUS Stock Market Toolkitto optimize your strategy and manage risk like a professional.