Stock Options Calculator — Estimate Option Prices & Greeks

Stock Options Calculator

Calculate stock option prices, Greeks, and profit/loss scenarios. Estimate call and put option values with Black-Scholes model.

Step 1: Option Parameters

Call Option
Put Option

Option Basics

Call options give the right to buy at the strike price. Put options give the right to sell at the strike price. Time value decays as expiration approaches.

Step 2: Market Parameters

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Black-Scholes Model

This calculator uses the Black-Scholes model for European-style options. Assumes constant volatility and no transaction costs.

Option Pricing Results

Summary
Greeks
Profit/Loss Scenarios

Option Premium (per share)

$2.85
Call Option • 30 days to expiry
Total Contract Value
$2,850.00
Intrinsic Value
$0.00
Time Value
$2.85
Break-Even Price
$107.85
Delta
0.45
Gamma
0.08
Vega
0.12
Theta
-0.05
Rho
0.03

Option Greeks Explained

Delta (Δ)
0.45
Rate of change of option price relative to underlying asset price
Gamma (Γ)
0.08
Rate of change of delta relative to underlying asset price
Vega (ν)
0.12
Sensitivity to changes in volatility of the underlying asset
Theta (Θ)
-0.05
Time decay – rate of change of option price relative to time
Rho (ρ)
0.03
Sensitivity to changes in the risk-free interest rate

Profit/Loss Scenarios at Expiry

Stock Price at Expiry Option Value Profit/Loss (per share) Total P/L Return %

Black-Scholes Formula

C = S•N(d1) – K•e^(-rT)•N(d2) for calls. P = K•e^(-rT)•N(-d2) – S•N(-d1) for puts. Where d1 = [ln(S/K) + (r + σ²/2)T] / (σ√T), d2 = d1 – σ√T.

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