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Learn about options strategiesMaximum Profit
$58,011
+5871.6%
Return on Risk
+5871.6%
Reward / Risk
Stock Price ($)
Profit zone Loss zone Break-even At expiration Before expiration
- You pay $988 to enter this trade.
- Your maximum loss is limited to the premium paid.
- You begin making a profit below $580.12 at expiration.
- Profit grows as SPY falls, up to the stock reaching zero.
- SPY may not fall enough before expiration.
- The entire premium can be lost if the stock holds up or rises.
- Time decay erodes the option’s value every day.
Illustrative example only, using demo data. Not investment advice.