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Custom Multi-Leg Strategy Builder

Combine up to 3 option legs to create your own strategy. All calculations happen in your browser—no data is stored or sent anywhere.

Strategy Setup

Payoff Profile

Stock Price at ExpirationProfit/Loss
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How to Use

  1. Enter the current stock price
  2. Add legs: specify call/put, long/short, strike, and premium
  3. Watch the payoff curve update in real-time
  4. See max profit, max loss, and breakeven points

Tips for Building Strategies

  • Bull Call Spread: Long 95 call, Short 105 call
  • Iron Condor: Long 90 put, Short 95 put, Short 105 call, Long 110 call (4 legs—not yet supported, try a 3-leg butterfly instead)
  • Long Straddle: Long 100 call, Long 100 put—profits from big moves
  • Butterfly: Long 90, Short 100 ×2, Long 110 (all calls or all puts)

⚠️ Disclaimer: This tool shows theoretical payoffs at expiration. Real trading involves market dynamics, slippage, liquidity, assignment risk, and margin requirements. All calculations are illustrative.