Valor intrínseco call
- Created by
- Renato Passos, Eng. de Software
- Reviewed by
- Renato Passos, Eng. de Software
Last updated: Apr 18, 2026
About this calculator
The call option intrinsic value calculator computes the theoretical minimum value of a call option using the formula max(S−K, 0). Here, S represents the current stock price and K is the strike price. This calculation shows the immediate payoff if the option were exercised, excluding time value or volatility factors.
This tool is valuable for investors analyzing options strategies, such as assessing position profitability or comparing market prices with strike values. For instance, if a stock is priced at $50 and the option has a $45 strike, the intrinsic value would be $5, regardless of 30 days remaining until expiration.
Note that intrinsic value differs from market price, as it ignores paid premiums, time decay, and volatility risks. Use it alongside models like Black-Scholes for comprehensive analysis.
The calculation is particularly relevant for 'in the money' (ITM) options where the stock price exceeds the strike. For 'out of the money' (OTM) options, the result remains zero, indicating no immediate value upon exercise.
Frequently asked questions
What is a call option's intrinsic value?
It's the theoretical value if exercised immediately, calculated by subtracting the strike price from the stock price (if positive).
When should I use this calculator?
Use it to evaluate 'in the money' options, assess potential gains, or compare strike prices in options strategies.
Does the calculation consider time until expiration?
No, intrinsic value ignores time and focuses solely on the relationship between market price and strike.
Can I use this formula for put options?
No, this formula is specific to call options. For puts, the calculation would be max(K−S, 0).