Options Break-Even Calculator
Find your break-even price and required move for options
Uses & Examples
When to Use This Tool
- Finding the exact stock price where your option starts making money
- Checking if the required move is realistic before buying an option
- Comparing OTM vs ATM options — which break-even is more achievable?
- Quick gut check: does the stock need to move 5% or 15% for you to profit?
Worked Example
Worked Example
Call option | Strike: $100 | Premium: $5
Break-even: $100 + $5 = $105.00
Move needed: ($105 − $100) ÷ $100 = 5.0%
The stock must rise above $105 for you to profit at expiration.
Max loss per contract: $5 × 100 = $500