Options P&L visualized
before you trade

Model any options strategy. See exact breakevens, max profit, max loss, and all Greeks — instantly.

Underlying

Stock / ETF Symbol

Current Price ($)

IV (%)

Leg 1 — Short Put

Strike

Premium ($)

DTE

Contracts

Leg 2 — Long Put

Strike

Premium ($)

Parameters

Risk-Free Rate (%)

Days to Analyze

Max Profit

$240

per spread

Max Loss

−$760

per spread

Breakeven

$562.60

at expiration

ROC

31.6%

return on capital

P(Profit)

72%

prob. of profit

50% Target

$120

tastylive rule

Greeks (position)

—

Delta

—

Gamma

—

Theta/day

—

Vega

—

Rho

P&L at Expirationper 1 contract (×100 shares)

Stock Price	P&L ($)	P&L (%)	Status

⚡ tastylive Mechanical Rules

→Enter at 45 DTE for optimal theta decay curve

→Close at 50% of max profit — don't be greedy

→Manage at 21 DTE regardless of P&L

→Size to 1–5% of portfolio per trade

→Target 30% OTM probability of touch

→Sell premium in high IV environments (IVR > 30)

Options P&L visualizedbefore you trade

Options P&L visualized
before you trade