Custom 2-Leg Options Profit Calculator

Build any 2-leg options position — pick call/put and long/short for each leg yourself.

Switch strategy

Symbol

Override price (optional — scenario testing)

Position Legs

Expiration Date

Select an expiry above to load options data and enable chain browsing

Leg 1

Strike

Premium / share

Contracts

Leg 2

Strike

Premium / share

Contracts

Settings

IV Scenario

Commission ($ per contract)

Use bid/ask spread (worst-case fill)

Strategy Results

Select an expiry and strike to analyze your Custom 2-Leg

P&L Chart

Enter strike and premium to see P&L chart

P&L Heatmap

Enter position details to see P&L heatmap

Position Greeks

Greeks appear once strikes are entered

What is a Custom 2-Leg Options Calculator?

Freely combine two option legs — any mix of call/put and long/short — to model spreads, straddles, strangles, or any custom 2-leg combination not covered by a named strategy. Full P&L, Greeks, and probability of profit, same as every other calculator on this site.

Max risk

varies

Max reward

varies

Legs

2 legs