Professional

Options Strategy Calculator

Black-Scholes powered pricing with full Greeks. Switch between Live Mode (before expiry) and Expiry Mode. Interactive payoff, time-decay, IV sensitivity, Greek curves and scenario analysis — all recomputing in real time.

Market inputs
Spot
₹24,000
Days to expiry
30 d
Implied Volatility
15%
Current P&L
-₹6.06 K
Max Loss
-₹18.00 K
Break-evens
24,385
POP (P.o.P)
Net Premium
-₹18.00 K
Max Profit
₹1.35 L
Days to Exp.
30 d
Days-to-Exp T
0.082
Δ Delta
13.95
₹/pt spot
Γ Gamma
0.0096
Δ change/pt
Θ Theta
-227.24
₹/day
ν Vega
678.99
₹ per 1% IV
ρ Rho
265.33
₹ per 1% rate
Profit zone
Loss zone
Spot
Break-even
Expiry P&L
Per-leg breakdown (Live Black-Scholes)
LegStrikePremiumQtyBS PriceIntrinsicTime ValueLive P&LΔΓΘν
+Call24,000₹7201₹477.72₹0₹477.72-₹6,057.0813.950.0096-227.24678.99

Pricing model

Live Mode uses the Black-Scholes model:
C = S·e-qT·N(d₁) − K·e-rT·N(d₂)
P = K·e-rT·N(-d₂) − S·e-qT·N(-d₁)
with d₁ = (ln(S/K) + (r − q + σ²/2)·T) / (σ√T), d₂ = d₁ − σ√T. Greeks are analytical partial derivatives.

Expiry Mode uses pure intrinsic value: Call = max(S − K, 0), Put = max(K − S, 0).

Probability of Profit (POP)

POP is estimated via risk-neutral Monte Carlo simulation (4,000 paths) using Geometric Brownian Motion:
ST = S · exp((r − q − σ²/2)·T + σ√T · Z), Z ~ N(0,1)
The strategy's expiry P&L is evaluated at each simulated ST; POP = fraction of paths with profit. Under real-world dynamics POP may differ.