Advanced · bullish
Synthetic Long Stock Option Calculator
Long call + short put same strike. Mimics long stock with lower capital.
How this Synthetic Long Stock calculator works
This free Synthetic Long Stock profit calculator estimates profit and loss across stock prices and dates. Use live quotes and the option chain (via the local data proxy), then review max profit, max loss, breakevens, ROI on risk, probability of profit, and a date × price heatmap or numerical matrix.
- At expiration: intrinsic payoff for each option leg (and stock, if included).
- Before expiration: Black–Scholes theoretical value using each leg’s IV and DTE.
- Multi-expiry: near-term legs settle first; longer-dated legs keep remaining time value.
Typical legs for a Synthetic Long Stock
Default template legs (edit freely or replace from the option chain):
- Leg 1: buy call @ strike template 100
- Leg 2: sell put @ strike template 100
When traders use a Synthetic Long Stock
Market outlook: bullish. Use the calculator to stress-test strikes and premiums before placing an order. Options involve substantial risk of loss and are not suitable for every investor.
Frequently asked questions
What is a Synthetic Long Stock options strategy?
Long call + short put same strike. Mimics long stock with lower capital.
How do I calculate profit and loss for a Synthetic Long Stock?
Enter the underlying price, strikes, premiums, and contracts in the Synthetic Long Stock calculator. The tool shows max profit, max loss, breakeven points, and a P/L heatmap from now until expiration using Black–Scholes before expiry and intrinsic value at expiration.
Is the Synthetic Long Stock strategy bullish?
This strategy is generally considered bullish in market outlook. Always confirm risk, margin, and assignment rules with your broker before trading.
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