Probability of Profit
Probability of profit is an estimate of the probability that an options position will satisfy a specified profitability condition under the model and assumptions used.
Why it matters to you
A platform may display a probability of profit estimate, but it is not a guarantee. The result depends on: the model, volatility assumptions, time, the definition of profit, and other inputs. A high estimated probability of profit can also come with an unattractive payoff if potential losses greatly exceed potential gains.