Calls vs. puts
Which way each one gains, with an interactive payoff chart.
6 min · Beginner · Lesson 3 of 17
Step 1 of 5
Call options
A call option gives you the right, but not the obligation, to buy a stock at a specific price (the strike price) before the expiration date. A call gains value when the stock rises above the strike.
Stock price at expiration
- Profit / loss per share
- ▲ $15.00
- Per contract (×100)
- $1,500.00
- Break-even
- $185.00
- Maximum loss
- $5.00 / share
For learning only; example numbers, not market prices.
For entertainment and education, not investment advice.