Options profit calculator

How to use Options Profit Calculator

LAVA's Options Profit Calculator provides a unique way to view stock options strategies returns and profit/loss.

It's easy to use and simple.

Here is a step-by-step guide on how to use it and determine the expected return from options trade.

Step 1

Download LAVA app by following links:

For IOS

For Android

Or scan the QR code below.

Step 2

Open the app, and tap "Options" in the lower right corner. (As shown in the picture)

Step 3

Start typing a company name or stock ticker in the searching field.





How to find options PL
How to use Options profit calculator
Tap "Options" menu in the lower right corner
Options volume
Go to option chain
Tap "Go to Option Chain" button and look at the option chain.

After step 3, the option's dashboard will appear.
On this screen, we collect a summary of the main options activities.
Field definitions:
Total Volume - The Volume value shows how many option contracts have been traded during the current market day.
Call volume - show how many call option contracts all strikes and all expiration have been traded during the current market day.
Put Volume - show how many put option contracts all strikes and all expiration have been traded during the current market day.
Call OI - the number of option contracts that currently exist at every call strike price displayed on an option chain.
Put OI - the number of option contracts that currently exist at every put strike price displayed on an option chain.
Total OI - the number of option contracts that currently exist at every call and put strike price displayed on an option chain.
Top Volume - Call and put strikes with the biggest volume.
Top Gainers - Call and put strikes sorted by the biggest gain, from high to low.
Delta Exposure - delta of the option multiplied by the price of the underlying security across all strikes and expiration days.
Gamma Exposure - Gamma of the option multiplied by the price of the underlying security across all strikes and expiration days.
Spread - spread examples with potential P&L.

Step 4

Tap on the "Option chain" button to start building a spread or determine the single-leg expected return.
After Step 4 option chain will appear.
Select an expiration date to see the details.
On this screen you will find:

Expiration date - date of option expired.

Strike price - The price at which the option holder owns the right to buy or to sell the underlying.

Premium - The price of an option

Greeks - The greeks are a derivation of an option-pricing model, and each Greek letter represents a specific sensitivity to influences on the option's value.

Read more about "Greeks"

Tap on the option chain to choose the strike price, the green field means to buy an option, the red field means to sell an option.
Choose a single-leg position or multi-leg (known as a spread).

In the pop-up window tap "View", to see the expected profit or loss.

Option chain
Option chain
Tap on the option chain to build a spread or single-leg position.
Put and call profit calculator
Option profit and loss chart
TSLA Call option expected return
Step 5

Tap the "View" button, and see the diagram of the option's expected return.

This screen provides the following information:

Underlaying price

Strike price

Premium

Max profit and max loss

Greeks

Probability

Tap on the chart and look at how the outcome will change at the different underlying prices.

Start now for a free trial!

Download LAVA app by following links:

For IOS

For Android

Read more in our Blog


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