The options lab
A different way to read the tide.
Explore expiry payoffs for an illustrative call or put. The calculator uses the price and premium you enter; it does not price or sell contracts.
The other side of the numbers.
Expiry value
Net P/L
Maximum premium at risk
Expiry value = intrinsic value × units. Net P/L = expiry value − total premium. Fees and early-exit pricing are excluded. This is a local educational scenario.