Options Break-Even Calculator

This calculator estimates the break-even price at expiration for a cash-secured put: the strike price minus the premium received per share.

Enter the strike price, premium per share, current stock price and number of contracts. Review the break-even price, percentage move from the current price, total premium, cash required and maximum loss. The number of contracts changes the totals, not the per-share break-even price.

Results are educational estimates from standard formulas, not investment advice. Live prices, fees and your broker's rules can change the outcome.