Anyone can tell me how to calculate the break-even price for more complex strategies like a covered combination with an additional option.
How complex is your strategy ? How many legs ? For a strategy with four legs or less, plus underlying, try Options Lab at http://www.TheOptionsLab.com Good luck !
Looks nice! However I would like to use it on my own data so I need to make a calculation myself. You accidentally know how to calculate that or a url that contains info to do that? thx!
For that, Click on the Offline tab in the upper left section, then you are able to enter you own data, the Lab will calculate the IV for you and fill in rest of the fields. Change IVs in the upper right sections for each individual legs if needed. See attached long Iron Condor strategy with my own inputs. Note that each IVs in the four legs are different.