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 $185 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $210 ยท Jun '26
Qty 1 ยท Premium $12.55 ยท ฮ -0.49
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If ABBV hits $185 by Jun 19: the long put returns +$1,245 (99.2%) on $1,255 risked, vs $-2,294 (-11.0%) for 100 shares on $20,794. Options give 9.0ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ABBV is at $185. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ABBV hits $185 by Jun 19
+$1,245
+99.2% on $1,255 risked
Max Profit
+$19,745
If stock โ $0
Max Loss
โ$1,255
Premium paid
Break-even
$197.45
-5.04% from spot
Prob. of Target Hit
42%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-48.81 / -8.37 / 35.24
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%) | +$2,990 | +$3,010 | +$3,051 | +$3,110 |
| $177 (-15%) | +$2,044 | +$2,018 | +$2,020 | +$2,070 |
| $185 (-11%) โ target | +$1,358 | +$1,285 | +$1,227 | +$1,245 |
| $187 (-10%) | +$1,191 | +$1,106 | +$1,028 | +$1,030 |
| $198 (-5%) | +$469 | +$327 | +$153 | -$9 |
| $204 (-2%) | +$106 | -$59 | -$276 | -$633 |
| $208 (0%) โ spot | -$105 | -$279 | -$513 | -$1,049 |
| $212 (+2%) | -$291 | -$469 | -$708 | -$1,255 |
| $218 (+5%) | -$528 | -$702 | -$928 | -$1,255 |
| $229 (+10%) | -$819 | -$967 | -$1,135 | -$1,255 |
| $239 (+15%) | -$1,007 | -$1,117 | -$1,219 | -$1,255 |
| $250 (+20%) | -$1,120 | -$1,194 | -$1,246 | -$1,255 |
Uses ABBV's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.