All Markets Desk

Options payoff at expiry

Profit and loss, break-even and maximum gain or loss for a single long or short call or put, at expiry.

One standard US equity option contract covers 100 shares. This is the payoff at expiry only: it leaves out early exercise, assignment, commissions and taxes.

Break-even at expiry

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Maximum gain
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Maximum loss
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Premium paid or received
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Price at expiryProfit / loss
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