Calculators
Options, Futures & Derivatives

📐 Options, Futures & Derivatives calculators

Black-Scholes, Greeks, implied volatility and payoff diagrams for common option strategies.

11 calculatorsFree · no sign-upFormulas explained

Black-Scholes Option Pricing CalculatorEstimate theoretical European option value using Black-Scholes assumptions.
Option Greeks CalculatorEstimate option price sensitivity to changes in the underlying.
Implied Volatility CalculatorCalculate implied volatility from observed option prices using a pricing model.
Options Profit CalculatorProfit, break-even and return at expiry for long calls, long puts and sold options, with a payoff chart.
Covered Call CalculatorCovered call max profit, break-even, static and if-called returns, annualized, against holding the shares.
Protective Put & Collar CalculatorMaximum loss, break-even and annualized cost of a protective put, plus the floor and cap of a collar.
Bull Call & Bear Put Spread CalculatorMax profit, max loss, break-even and risk-reward of bull call, bear put and credit vertical spreads.
Iron Condor CalculatorNet credit, max profit and loss, break-evens and return on risk for an iron condor at expiry.
Straddle & Strangle CalculatorBreak-evens, max loss or profit and the move needed for long or short straddles and strangles.
Butterfly Spread CalculatorNet debit, max profit at the middle strike, max loss and break-evens for call and put butterflies.
Futures Margin & Profit CalculatorFutures P&L in points, ticks and dollars, margin required, leverage and the margin call price.

About these calculators

Options are priced from five or six inputs, and their risk changes with every one of them. These calculators value European options with Black-Scholes, show the Greeks, back out implied volatility from a market price, and draw the profit and loss of spreads, straddles, condors and covered calls at expiry.

The futures tools convert price moves into money for the main index, energy and metal contracts and show the margin each position needs.

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