Visualize payoff diagrams for 7 popular options strategies. See max profit, max loss, and breakeven points for Straddle, Strangle, Iron Condor, Butterfly, and more.
Visualize payoff diagrams for 7 popular options strategies. See max profit, max loss, and breakeven points for Straddle, Strangle, Iron Condor, Butterfly, and more.
Buy CE + PE at same strike. Profit from big moves.
Payoff at Expiry
Max Profit
+₹1,59,750
Max Loss
₹-20,250
Breakeven Point(s)
₹23,760
₹24,300
Strategy Legs
| Type | Direction | Strike | Premium |
|---|---|---|---|
| CE | BUY | ₹24,000 | ₹150.00 |
| PE | BUY | ₹24,000 | ₹120.00 |
DETAILS
This section explains what the calculator does, what goes into the result, and how to interpret the output so you can apply it confidently.
This calculator turns a few key inputs into a clear output you can act on — a number that traders and investors commonly use for planning and decision-making.
Use it to compare scenarios quickly and to understand the trade-offs behind the final result.
Treat the output as a planning number. Small changes in inputs (time, rate, price, quantity, risk, or cashflows) can change the outcome meaningfully — so keep assumptions realistic.
If the tool returns multiple outputs, focus on the ones that drive decisions (e.g., net result, breakeven, or risk-adjusted value), not just the biggest number.
ATM 24,000, CE prem 150, PE prem 120, Lot size 75
Graphical view
Long straddle loses the combined premium if spot expires at ATM; profit increases as spot moves away beyond breakevens.
ATM 24,000, Width 200, Buy CE prem 150, Sell CE prem 60, Lot size 75
Graphical view
HOW IT WORKS
Pick from Long Straddle, Iron Condor, Bull Call Spread, or any of the 7 strategies.
Input the ATM strike, CE/PE premiums, strike width, and lot size.
Get an instant payoff diagram at expiry with max profit, max loss, and breakeven levels.
FAQ
A payoff diagram shows the profit or loss of an options strategy at different underlying prices at expiry. It helps you visualize worst case, best case, and breakeven levels before entering a trade.
When you expect a big move but are unsure of direction — like before earnings, RBI policy, or budget. You buy both CE and PE at the same strike.
An Iron Condor sells an OTM call spread and an OTM put spread simultaneously. It profits when the underlying stays within a range until expiry. Popular for Nifty weekly options.
No — this shows pure premium payoff. For accurate results add STT (especially on exercise), brokerage, and GST to your actual cost.
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