Straddle Options Profit Calculator

Buy ATM call + ATM put, same strike and expiry. Profit from big moves.

Switch strategy

Symbol

Override price (optional — scenario testing)

Position Legs

Expiration Date

Enter a symbol above and select expiry to load live options data

Leg 1 — Long Call

manual

Strike

Premium / share

Contracts

Implied Volatility (%)

Leg 2 — Long Put

manual

Strike

Premium / share

Contracts

Implied Volatility (%)

Settings

IV Scenario

Commission ($ per contract)

Use bid/ask spread (worst-case fill)

Strategy Results

Select an expiry and strike to analyze your Straddle

P&L Chart

Enter strike and premium to see P&L chart

P&L Heatmap

price × DTE

Enter position details to see P&L heatmap

Position Greeks

Greeks appear once strikes are entered

What is a Straddle Options Calculator?

Buy an ATM call and ATM put at the same strike and expiry. Profit if the stock makes a large move in either direction. Loses to time decay if the stock stays flat.

Max risk

limited

Max reward

unlimited

Legs

2 legs