Hello,
I am new here because Reddit never lets me post a question. Here is my general question: Why do different Options Profit Calculators yield such different results? The differences are so large I cannot trust them. I used to just use Power Etrade, but recently I started comparing the results to other options calculators with huge differences.
I am trying to do a relatively simple PMCC on WMT and the Etrade options calculator, Power Etrade Calculator, OptionsProfitCalculator.c om and OptionsStrat all give different predictions. What is going on?
Input:
Long call: 16 Jan 26: $37.30
Short call: 24 May 24: $0.56
Results:
Max profit Etrade: $31.95
MaxProfit Power Etrade: $105.3
OptionsProfitCalculator: $136
Options Strat: $136.70
What is going on? Thanks for any help.