Long Put Calculator
Calculate potential profit and loss for buying a put option. A long put is a bearish strategy that profits when the stock price falls.
A long put gives you the right to sell the underlying stock at the strike price before expiration. You profit when the stock falls below the breakeven point (strike - premium). Maximum loss is limited to the premium paid.
Current price: $100.00
Each contract = 100 shares
Max Profit
$9500.00
Max Loss
$500.00
Breakeven
$95.00
Cost to Enter
$500.00
Understanding Long Puts
A long put is the most basic bearish options strategy. When you buy a put option, you're purchasing the right (but not the obligation) to sell 100 shares of the underlying stock at the strike price before the expiration date.
When to Use a Long Put
- You expect the stock price to fall significantly
- You want to hedge an existing long stock position
- You want to profit from downside with limited risk
Key Formulas
Breakeven Price
Breakeven = Strike Price - Premium PaidMaximum Profit
Max Profit = (Strike - Premium) × Contracts × 100Related Calculators
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