NGV

Options PnL Pricer

Next Gen Vol is a free options PnL calculator for building multi-leg options structures and computing expected PnL. Add up to 10 legs, visualize the payoff curve, run scenarios, and get inline validation.

The pricer is also exposed as an MCP (Model Context Protocol) server, so AI assistants like Claude, ChatGPT, and Cursor can run options PnL, vol surface, and IV term-structure calculations — and render interactive PnL charts directly inside the AI chat.

Expected PnL

Option Legs

ToggleDelTypeExpiryDTEStrikeQtyIVIV EndMkt PriceTrade PriceModel PriceUnreal P&LCommentStatusIssues
ReadyReady to price
ReadyReady to price
Total0.000.000.00
Ready 2Warnings 0Blocked 0

Value vs Underlying Price over Time

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POST JSON
{
  "structure_name": "GLD May/Jun 420 Call Calendar",
  "spot_price": 415,
  "spot_min": 380,
  "spot_max": 450,
  "days_into_future": 30,
  "day_step": 1,
  "strike_step": 1,
  "value_mode": "relative",
  "include_intermediate_days": true,
  "legs": [
    {
      "option_type": "c",
      "dte": 60,
      "strike": 420,
      "ivstart": 0.28,
      "quantity": 1,
      "external_symbol": "GLD Jun 2026 420C"
    },
    {
      "option_type": "c",
      "dte": 30,
      "strike": 420,
      "ivstart": 0.36,
      "quantity": -1,
      "external_symbol": "GLD May 2026 420C"
    }
  ]
}