Interactive demonstration
Explore how Option Wizard analyzes positions
Every number below is computed by the application's real calculation engines on synthetic sample data. Nothing here is a live quote, a trade signal, or premium access. No account is required.
Position Analyzer
Change the synthetic position and watch the expiration profit/loss, breakevens, max profit/loss and model-estimated Greeks update. Legs are valued with Black-Scholes, not market quotes.
Max profit
$130.00
Max loss
$370.00
Breakeven(s)
$106.3
Prob. of profit (model)
75.9%
Net delta (model)
-16.2657
Net gamma (model)
-1.3742
Net theta (model)
1.91
Net vega (model)
-3.39
Assumptions: Black-Scholes (European) theoretical values — illustrative only; American early exercise is not modeled. IV 30% · risk-free 5.25% · dividend yield 0.00% · valuation date 2026-10-23 · multiplier 100.
Sign in or create a free account first. The live tool requires Option Wizard Premium ($19.99/month, 1-day trial); registration alone does not unlock it.
Explore Position AnalyzerRollmaster
The real Rollmaster engine runs on a synthetic option chain (Black-Scholes mid ± a synthetic spread). Sells are priced at the synthetic bid and buys at the synthetic ask; none of these are executable quotes.
#1 · Medium risk
Roll Out & Up to 2026-12-14
Debit $9.00
- SHORT $105 CALL @ 3.46 (synthetic bid)
- New expiry
- 2026-12-14
- Max profit
- $346.00
- Max loss
- Unlimited
- Breakeven
- $108.46
- POP (model)
- 73.6%
#2 · Medium risk
Roll Out & Up to 2026-11-29
Debit $94.00
- SHORT $105 CALL @ 2.61 (synthetic bid)
- New expiry
- 2026-11-29
- Max profit
- $261.00
- Max loss
- Unlimited
- Breakeven
- $107.61
- POP (model)
- 75%
#3 · Medium risk
Roll Out & Up to 2026-11-13
Debit $200.00
- SHORT $105 CALL @ 1.55 (synthetic bid)
- New expiry
- 2026-11-13
- Max profit
- $155.00
- Max loss
- Unlimited
- Breakeven
- $106.55
- POP (model)
- 78.2%
Theoretical Black-Scholes mid ± synthetic spread; sells at synthetic bid, buys at synthetic ask. 16 candidates evaluated.
Assumptions: Black-Scholes (European) theoretical values — illustrative only; American early exercise is not modeled. IV 35% · risk-free 5.25% · dividend yield 0.00% · valuation date 2026-10-23 · multiplier 100 · synthetic spread 4%.
Sign in or create a free account first. The live tool requires Option Wizard Premium ($19.99/month, 1-day trial); registration alone does not unlock it.
Explore RollmasterRoll Comparison Calculator
Compare closing a short option today against opening a new one at a different strike and expiration. Premiums are illustrative values you enter; metrics come from the same calculation functions as the premium tool.
Net roll credit · +30 days
$50.00
Current (if closed now)
- Realized P/L if closed
- -$140.00
- Max profit
- $200.00
- Max loss
- $9799.00
- Breakeven
- $98
- POP (model)
- 71.8%
New position
- Max profit
- $390.00
- Max loss
- $9109.00
- Breakeven
- $91.1
- POP (model)
- 84.4%
Assumptions: Black-Scholes (European) theoretical values — illustrative only; American early exercise is not modeled. IV 30% · risk-free 5.25% · dividend yield 0.00% · valuation date 2026-10-23 · multiplier 100.
Sign in or create a free account first. The live tool requires Option Wizard Premium ($19.99/month, 1-day trial); registration alone does not unlock it.
Compare More StrategiesDEMO MODE — SYNTHETIC DATA — NOT LIVE MARKET QUOTES — NOT EXECUTABLE. Options trading involves risk and is not suitable for everyone. Analytical outputs are not guarantees of future results. The premium tools use delayed market quotes and require a subscription.