Option Profit Sim
SPY Options Profit Calculator
Free, mobile-first payoff calculator for SPDR S&P 500 ETF (SPY) options. Pick a strategy and instantly see your profit/loss chart, breakevens, probability of profit and the Greeks — no account, no paywall.
Open the SPY calculator →What you can model for SPY
- Long Call: A bullish bet — profits if the stock rises above your breakeven.
- Long Put: A bearish bet — profits if the stock falls below your breakeven.
- Credit Spread: Collect premium with defined risk when you expect a move to stall.
- Iron Condor: Profit if the stock stays inside a range through expiration.
- Covered Call: Earn income against shares you already own.
How the SPY calculator works
- Enter SPY — a live delayed price loads automatically.
- Choose an outlook (bullish, neutral, bearish) or build legs by hand.
- Read the payoff chart, max profit, max loss and probability of profit.
- Adjust volatility and time to see how the trade behaves before expiration.
Popular SPY strategies
Related options calculators
Analyze Apple Options Profit ModelCalculate Moderna Strategy Payoff CurveTesla Options Payoff CalculatorModel Meta Platforms Breakevens & GreeksExplore iShares Russell 2000 ETF Option StrategiesAnalyze Netflix Options Profit ModelCalculate Walt Disney Strategy Payoff CurveARK Innovation ETF Options Payoff Calculator
Browse all options calculators →Figures are theoretical estimates for education only — not financial advice. Options involve risk.
Privacy Policy