I would like to put in hypothetical spreads and see a chart showing where my risk and payoff is. Is there an online calculator that lets me put in a strike and call/put and it will tell me based on current market price and volatility what the odds are it will get to that strike? What about estimating the value of a contract is the underlying rises or falls by a given amount?
IB has a tool like that, with %profit chance, %max profit chance, %max loss chance, size of those values.
Go to strategies from this link to get the whole menu. https://www.plcharts.com/plcharts/d...er=4&long_put_strike=18&long_put_premium=1.64