Probability of Profit Calculator

Calculate the probability of profit (POP), probability of expiring ITM/OTM, and expected return for any options position using the Black-Scholes model. Compare strategies and make data-driven decisions.

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Probability of Profit Calculator — Free Options POP & Expected Return Calculator

Calculate probability of profit (POP), probability ITM/OTM, expected return, and delta for options positions using Black-Scholes model.

Position TypeUnderlying Price ($)Strike Price ($)Option Premium ($)Days to ExpiryImplied Volatility (%)Risk-Free Rate (%)Target Price ($)

Probability of Profit71.5%

Probability ITM71.5%

Probability OTM28.5%

Prob. Hit Target86.6%

Expected Return-76.2%

Delta0.315

Profit vs Loss Probability

Key Probabilities

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