OptionCraft
Advanced Options Strategy Visualizer & Calculations Engine
Strategy Templates
Vertical Spreads
Long Call
DEBITBuy call option
Long Put
DEBITBuy put option
Bull Call Spread
DEBITDebit vertical call spread
Bear Call Spread
CREDITCredit vertical call spread
Bull Put Spread
CREDITCredit vertical put spread
Bear Put Spread
DEBITDebit vertical put spread
Long Straddle
DEBITVolatility breakout (calls + puts)
Short Straddle
CREDITIncome generation / low vol
Long Strangle
DEBITOOTM volatility breakout
Short Strangle
CREDITOOTM income generation
Long Butterfly (Calls)
DEBITLow volatility pinned play
Iron Butterfly
CREDITIncome generation pinned play
Iron Condor
CREDITRange bound income play
Call Ratio Spread (1x2)
CREDITDirectional with extra shorts
Call Backspread (1x2)
DEBITBullish volatility play
Custom Strategy
NEUTRALBuild your own option combination
Option Legs
#1BUYCALL
$
$
#2SELLCALL
$
$
Strategy Explain
Bull Call Spread (Debit Spread)
MODERATE BULLISHBuy lower-strike call and sell higher-strike call to offset cost. Caps profit and limits risk.
Setup:BUY CALL K ($225.00) @ $6.50 + SELL CALL K ($230.00) @ $3.20
How to Enter:Buy Call K1 + Sell Call K2 (higher strike).
How to Exit / Manage:Close close to expiration if above K2 for maximum yield.
NET PREMIUM
$330.00
Debit (Total: $330.00)
MAX PROFIT
$170.00
At expiration
MAX LOSS
$330.00
At expiration
BREAKEVEN POINTS
$228.30
Stock price at expiry
Payoff Diagram
Breakeven Price: $228.30 |Max Loss: The maximum possible loss is $330.00.
P&L Table at Expiration
| STOCK PRICE AT EXPIRATION | LEGS PAYOFF DETAIL | NET PROFIT / LOSS | ROI (%) |
|---|---|---|---|
| $195.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $200.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $205.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $210.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $215.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $220.00 | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $225.00ATM | BUY 225 CALL: -$650.00 | SELL 230 CALL: +$320.00 | $-330.00 | -100.0% |
| $230.00 | BUY 225 CALL: -$150.00 | SELL 230 CALL: +$320.00 | +$170.00 | +51.5% |
| $235.00 | BUY 225 CALL: +$350.00 | SELL 230 CALL: -$180.00 | +$170.00 | +51.5% |
| $240.00 | BUY 225 CALL: +$850.00 | SELL 230 CALL: -$680.00 | +$170.00 | +51.5% |
| $245.00 | BUY 225 CALL: +$1350.00 | SELL 230 CALL: -$1180.00 | +$170.00 | +51.5% |
| $250.00 | BUY 225 CALL: +$1850.00 | SELL 230 CALL: -$1680.00 | +$170.00 | +51.5% |
| $255.00 | BUY 225 CALL: +$2350.00 | SELL 230 CALL: -$2180.00 | +$170.00 | +51.5% |