Derivatives Payoff Analyzer

Model ES mini futures options (/ES) across multiple strikes, expirations, and time horizons. Add up to 10+ positions and see real-time payoff curves with theta and vega. Prices use Black-76; 1 point = $50/contract.

ES Futures Price

VIX / Base IV (%)

Risk-Free Rate (%)

Analysis Date

Quick Start:

Positions

No positions yet — add one above or pick a quick-start preset.

Δ Delta

—

Γ Gamma

—

Θ Theta ($/day)

—

V Vega ($/+1% IV)

—

Net Debit / Credit

—

P&L at Current

—

Payoff & Time Curves

Price range:

Add positions to see the payoff graph

P&L in USD · ES mini = $50/point · Entry at current ES price if no premium entered · Black-76 model · VIX used as base IV (overridable per position)