Bullish strategies

Structures for a rising or resilient underlying

Structures for a rising or resilient underlying

A call purchase with defined premium at risk and open-ended upside at expiration.

Long shares with a short call, exchanging upside for option premium.

Long lower-strike call financed by short higher-strike call.

Short higher-strike put with protective lower-strike put.

Long shares with long put establishing price floor.

Short put backed by cash sufficient for assignment.

Short lower-strike call with two long higher-strike calls.

Bull call spread with additional short call at higher strike.

Long call and short put at same strike mimic long stock.

Long call financed by short lower-strike put.

What the calculator includes

At-expiration modelling. Every line uses intrinsic value, entered premium, quantity and a 100-share option multiplier.

Editable legs. Change side, instrument, quantity, strike or premium; add and remove legs without an account.

Model boundary. Results exclude Greeks, implied volatility, time decay before expiration, fees, tax, liquidity, assignment and exercise behavior.