IG Stock and Option Calculator is the FIRST stock return calculator that lets you calculate your profit for 6 commonly used trading strategy: Stock Return, Stop Loss, Long Call, Long Put, Covered Call, Protective Put.
Stock Return is for estimating or calculating your net profit from buying and selling a stock
Stop Loss calculates what prices you want to sell your stock at.
Long Call, Long Put, Covered Call, and Protective Put shows you the net profit and breakeven points.
A long call is simply the purchase of one call option.
A long put is simply the purchase of one put option.
A covered call is a financial market transaction in which holds a long position in an asset and writes (sells) call options on that same asset in an attempt to generate increased income from the asset.
A protective put is a risk-management strategy that investors can use to guard against the loss of unrealized gains. The put option acts like an insurance policy - it costs money, which reduces the investor's potential gains from owning the security, but it also reduces his risk of losing money if the security declines in value.