Options Trading Tools

What stock price do I need to break even on a put option?

Enter Your Option

The quoted option price. One contract normally covers 100 shares, so this premium gets multiplied by 100.

Add this to see how far the stock still needs to move to reach break-even.

Your Result

Fill in the fields on the left and click Calculate to see the stock price where this put option breaks even at expiration.

How this is calculated

Risk & liability disclaimer: This calculator produces a mathematical estimate based on the numbers you enter. It is not financial advice and does not guarantee any trading outcome. Options trading involves risk of loss, including the loss of the entire premium paid, and past results do not predict future performance. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. We do not guarantee this tool is error-free or suitable for your situation. Always verify results independently and consult a licensed professional before making any trading or financial decision. You could lose some or all of the capital you trade with.