Recorded contract payoff

Explore a contract payoff

Scenario · Recorded midpoint

TickerContractPositionContracts

Snapshot (UTC): 2026-09-10 13:47:26 UTC
Underlying: $488.67
Strike: $505.00
Scenario entry / share: $12.375

MSFT Strategy Payoff

2026-10-23 · 1 leg · 100× · Hypothetical entry

Net debit$1,237.50

Max profitUnlimited

Max loss$1,237.50

Breakeven517.38

Entry basis: Historical quote midpoint
Execution: Hypothetical · No fill claimed
Multiplier: 100 shares / contract
Excluded: Fees · Slippage · Early exercise

Slippage exercise

Hypothetical adverse entry change (%)1%

Recorded midpoint / share: $12.375
Scenario entry / share: $12.499
Total P&L reduction: −$12.38
Basis: 1 contracts × 100 shares

Read the slippage lesson ↗