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Payoff Terminal

The Payoff Terminal is a strategy builder with a payoff chart. Add option and futures legs from a live chain and it shows the profit and loss at expiry, the value before expiry, breakevens, max profit and loss, margin and Greeks for the whole position.

ShowsPayoff at expiry and before expiry, breakevens, max profit and loss, net premium, margin, Greeks
LayoutOption chain on the left; metrics, payoff chart and positions table on the right
PricingLive bid and ask: B adds a buy at the ask, S adds a sell at the bid
InstrumentsIndex options from the Equity list (such as NIFTY, BANKNIFTY, SENSEX); MCX options and futures
UpdatesLive during market hours; outside the session it shows cached or last close prices with a timestamp
Open itquintalmind.com/payoff

What you see​

Option chain. Call and put LTP around each strike, with B and S buttons. The Greeks menu adds Delta, Theta, Gamma or Vega columns. Above the chain are Straddle and Straddle IV for the ATM strike, and expiry tabs with days to expiry. For MCX, a toggle switches between the main and mini contract, and a Futures panel lists each futures month with B and S buttons.

Metrics strip.

  • Max Profit and Max Loss (shown as Unlimited when there is no cap).
  • Breakeven or Breakevens: the spot levels where the payoff crosses zero.
  • Net Premium, marked as credit or debit.
  • Margin (basket): the exchange margin for all open lots together, so a hedge's margin benefit is included.
  • P&L (live), or P&L on a chosen date.
  • Lot Size, Delta (₹ per point), Gamma, Theta (₹ per day), Decay (to next day) and Vega (₹ per 1% IV).

Payoff Chart. The curve above zero is profit and below is loss. The blue line is the position valued before expiry, with time value included. The Valuation date slider moves that line to any day up to expiry, showing the days to expiry in IST.

Positions table. Each leg shows Side, Type, Strike, Expiry, Lots, Price, LTP, Exit, IV and P&L. Click Buy/Sell to flip the side, CE/PE to flip the type, or − and + to move the strike. Exit marks part or all of a leg as closed at a price you enter. That part stops moving with spot and shows under Booked.

Portfolios. This dropdown lists your saved strategies. Each entry shows the name, symbol and number of legs. Load one into the terminal or delete it. A saved strategy is only a stored set of legs. It is not priced, tracked or marked to market while it sits in the list.

How to use it​

  1. Sign in with your broker and open the Payoff Terminal, or go to Analysis.
  2. Pick a symbol from the dropdown at the top (Equity or MCX).
  3. Choose an expiry tab, then click B or S on a strike, set the lots and click Add.
  4. Repeat for each leg. Read the metrics and the chart as you go.
  5. Drag Valuation date to see the position before expiry.
  6. Click Save, enter a name and save it. Open it later from Portfolios.

From a combo butterfly on the sheets, Open in Payoff opens its six legs in the terminal in a new tab.

FAQ​

Where can I draw a payoff chart for a NIFTY option strategy?​

In Quintal Mind's Payoff Terminal. Click B or S on any strike in the option chain to add legs, and the payoff chart, breakevens, max profit, max loss and Greeks update as you build.

Can I see the payoff before expiry, not just at expiry?​

Yes. The blue line values the position before expiry with time value included. Move the Valuation date slider to see it on any day up to expiry.

Can I save a strategy and open it later?​

Yes. Click Save in the positions panel and give it a name. It appears in the Portfolios dropdown, which holds your saved strategies. A saved strategy is only a set of legs; it is not tracked while closed.

Does it work for MCX options and futures?​

Yes. For MCX symbols a Futures panel appears next to the chain, and you can mix the main and mini contracts, such as GOLD and GOLDM, in one strategy.

Quintal Mind shows market data and analytics for information only. Nothing here is investment advice, and Quintal Mind does not place orders.

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