Target Price Playground
ABBV
$207.94
๐ข
ABBV IV: 32.0% โ LOW
(-34.7% vs 30d avg of 49.1%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $200 by Jun 19
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ Strategy
Long Stock
Long Call
Long Put
Bull Call Spread
Bear Put Spread
Covered Call
Protective Put
Cash-Secured Put
Diagonal Put Spread
Long Straddle
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $210 ยท Jul '26
Qty 1 ยท Premium $14.35 ยท ฮ -0.48
SHORT PUT ยท $200 ยท Jun '26
Qty 1 ยท Premium $8.15 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If ABBV hits $200 by Jun 19: the diagonal put spread returns +$697 (112.4%) on $620 risked, vs $-794 (-3.8%) for 100 shares on $20,794. Options give 29.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ABBV is at $200. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ABBV hits $200 by Jun 19
+$697
+112.4% on $620 risked
Max Profit
+$688
If the stock price is favorable
Max Loss
โ$618
Worst-case within chart range
Break-even
$212.95
+2.41% from spot
Prob. of Target Hit
78%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-12.05 / 1.08 / 7.94
per spread, per $1 move / day / vol pt
๐ Notes for each mode (not shown on real page)
Forward Projection
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Historical Backtest
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
Solve for Return
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
๐ P&L Scenarios โ what happens at different prices and dates
| ABBV Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $166 (-20%) | +$305 | +$321 | +$324 | +$310 |
| $177 (-15%) | +$281 | +$316 | +$347 | +$326 |
| $187 (-10%) | +$226 | +$276 | +$348 | +$393 |
| $198 (-5%) | +$135 | +$184 | +$270 | +$585 |
| $200 (-4%) โ target | +$108 | +$155 | +$237 | +$658 |
| $204 (-2%) | +$66 | +$105 | +$175 | +$415 |
| $208 (0%) โ spot | +$15 | +$45 | +$96 | +$184 |
| $212 (+2%) | -$37 | -$18 | +$10 | -$10 |
| $218 (+5%) | -$116 | -$115 | -$123 | -$235 |
| $229 (+10%) | -$243 | -$268 | -$320 | -$461 |
| $239 (+15%) | -$353 | -$393 | -$459 | -$563 |
| $250 (+20%) | -$440 | -$483 | -$542 | -$602 |
Uses ABBV's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.