Last updated: 2026-05-04Last reviewed: 2026-05-04
Options payoff calculator
Breakeven
$104
Max loss
$4.00
Max profit
Unlimited
Intrinsic value
$10.00
PnL at current
$6.00
Contract cost
$4.00
Payoff shapeBreakeven $104
This simplified calculator explains long-option payoff shape. It does not model implied volatility, exercise style, assignment, fees, spreads, funding, or venue-specific settlement.
Risk notice
Crypto perpetuals and leveraged trading are high risk. You can lose money through liquidation, funding, slippage, oracle issues, protocol failures, and market volatility.Sources
- Cboe Options Institute: Options basicsAccessed 2026-05-04