Price a long call or put in seconds — enter your entry and exit premium, strike, and size for instant profit/loss, return on premium, breakeven and max loss. Tuned for 0DTE.
Premiums are per share; 1 contract = 100 shares. Breakeven is at expiration.
Prices long (bought) calls & puts only. For education, not a recommendation. Options involve significant risk of loss.
NoVo maps the live dealer positioning that tends to define where a 0DTE move pins and breaks, draws it on your chart.
Start the 7-day free trial — $129/mo →This calculator prices a single long call or put — the bread-and-butter of a 0DTE scalp. Enter what you paid (entry premium), what you sold or where it's marked now (exit premium), and your size, and it returns your dollar P&L, your return on premium, your breakeven at expiration, and your max loss.
Each contract controls 100 shares, so P&L = (exit − entry) × 100 × contracts. Your cost (the debit) is the entry premium × 100 × contracts, and for a long option that debit is also your maximum loss — you can never lose more than you paid. Breakeven at expiration is the strike plus the premium for a call, or the strike minus the premium for a put.
On expiration day, gamma is at its most violent and theta decay is brutal — a 0DTE option can double or go to zero in minutes. The leverage cuts both ways, which is exactly why entries and exits have to be mechanical, not emotional. NoVo maps the dealer levels that tend to define where the day pins and breaks. Read more in the 0DTE Guide.
The member portal — delayed dealer levels with the gamma flip and the expected-move band on SPY, QQQ and IWM, plus sectors, movers and the week’s catalysts. Dr. NoVo’s Mid-Day Tape Review every trading day and the Week Ahead on Sundays. And the NoVo Discord: live discussion and Dr. NoVo’s daily dealer-map read.
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