Option Type
📈 CALL
📉 PUT
$
$
DTE
%
%
#
$
Enter 0 to use calculated theoretical price
IV Crush Scenarios
Strategy Guide
Buy Call
Bullish. Max loss = premium. Unlimited upside. Break-even = Strike + Premium.
Buy Put
Bearish hedge. Max loss = premium. Profit if stock falls below break-even.
Theta Risk
Options lose ~50% of their time value in the last 30 days. Theta accelerates near expiry.
IV Crush
After earnings, IV typically drops 30–50%. This destroys option premium even if direction is correct.
Theoretical Option Price
—
Calculating...
The Greeks — Live
Theta Decay Timeline
| Days Left | Option Price | Time Value | Daily Decay | Value Lost | % Remaining |
|---|
P&L at Expiry — Price Scenarios