IWM Long Put Calculator
A long put is a bearish position that profits when the stock falls below the strike minus the premium paid. Maximum loss is the premium; profit grows as the stock drops. Load a live strike to model the downside payoff.
$290.41
2026-06-12
41%
Buy a put option to profit from a downward move in the underlying stock. Your risk is limited to the premium paid. Profit grows as the stock falls toward zero.
Strategy Legs
IWM Long Put — Frequently Asked Questions
What is the max profit on a IWM long put?
Max profit on a IWM put is the strike minus the premium, multiplied by 100 — realized if IWM falls to zero. With IWM near $290.41, load a strike to see your exact downside payoff.
What is the breakeven on a IWM put?
Breakeven on a long put is the strike minus the premium paid. The calculator marks it on the chart once you load a live IWM contract.
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Disclaimer: This calculator is for educational purposes only and does not constitute financial advice. Trading involves substantial risk of loss. Past performance does not guarantee future results. Always do your own research and consult with a licensed financial advisor before making investment decisions.