OptiTrader

Free options spread calculators for beginners

Know your risk before you trade.

Enter your strike prices and premiums — instantly see your max profit, max loss, and breakeven point. Free. No sign-up required.

Try a Live Calculation ↓ Find My Strategy

How It Works

Three steps to understand any options trade

1

Pick a strategy

Not sure which spread fits your trade? Use the strategy finder below.

2

Enter your numbers

Input your strike prices, premiums, and number of contracts.

3

See your P&L instantly

Get max profit, max loss, breakeven, and a visual payoff chart.

Find Your Strategy

What's your market outlook?

📈
Bullish — Lower Risk
You expect moderate upside and want to limit your downside.
🚀
Bullish — Higher Risk
You expect strong upside and are comfortable with more exposure.
📉
Bearish
You expect the price to fall or stay flat.
⚖️
Neutral / Range-bound
You expect the stock to stay within a range — low volatility.

Live Demo — Bull Call Spread

Example: AAPL at $195. Try changing the numbers below.

Your Inputs

✦ AAPL example pre-filled

Results

Max Profit
—
Max Loss
—
Breakeven
—

Want the full calculator? Open Bull Call Spread →

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