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Bullish Strategy

Long Call Calculator

Calculate potential profit and loss for buying a call option. A long call is a bullish strategy with unlimited profit potential and limited risk.

BullishLimited RiskUnlimited Reward

A long call gives you the right to buy the underlying stock at the strike price before expiration. You profit when the stock rises above the breakeven point (strike + premium). Maximum loss is limited to the premium paid.

Trade Details

Current price: $100.00

Each contract = 100 shares

Trade Summary
Net Debit$500.00
Max ProfitUnlimited
Max Loss$500.00
Breakeven$105.00
Payoff at ExpirationStock Price vs Profit/Loss
Current: $100.00
Breakeven: $105.00

Max Profit

Unlimited

Max Loss

$500.00

Breakeven

$105.00

Cost to Enter

$500.00

Understanding Long Calls

A long call is the most basic bullish options strategy. When you buy a call option, you're purchasing the right (but not the obligation) to buy 100 shares of the underlying stock at the strike price before the expiration date.

When to Use a Long Call

  • You expect the stock price to rise significantly
  • You want leveraged exposure with limited risk
  • You want to control shares with less capital than buying stock outright

Key Formulas

Breakeven Price

Breakeven = Strike Price + Premium Paid

Maximum Loss

Max Loss = Premium × Contracts × 100

Profit at Expiration

Profit = (Stock Price - Strike - Premium) × Contracts × 100

Related Calculators

Long Put CalculatorCovered Call CalculatorCall Spread Calculator

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