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 $230 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
Own stock + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $207.94 ยท ฮ 1.00
LONG PUT ยท $200 ยท Jun '26
Qty 1 ยท Premium $8.15 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If ABBV hits $230 by Jun 19: the protective put returns +$1,391 (6.4%) on $21,609 risked, vs +$2,206 (10.6%) for 100 shares on $20,794. Options give 0.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ABBV is at $230. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ABBV hits $230 by Jun 19
+$1,391
+6.4% on $21,609 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,609
Put floors you at $200
Break-even
$216.09
+3.92% from spot
Prob. of Target Hit
44%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.44 / -8.14 / 34.12
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%) | -$1,658 | -$1,672 | -$1,660 | -$1,609 |
| $177 (-15%) | -$1,489 | -$1,562 | -$1,622 | -$1,609 |
| $187 (-10%) | -$1,190 | -$1,321 | -$1,478 | -$1,609 |
| $198 (-5%) | -$735 | -$901 | -$1,122 | -$1,609 |
| $204 (-2%) | -$386 | -$555 | -$781 | -$1,231 |
| $208 (0%) โ spot | -$122 | -$288 | -$503 | -$815 |
| $212 (+2%) | +$163 | +$5 | -$190 | -$399 |
| $218 (+5%) | +$629 | +$489 | +$333 | +$225 |
| $230 (+11%) โ target | +$1,598 | +$1,501 | +$1,417 | +$1,391 |
| $239 (+15%) | +$2,421 | +$2,355 | +$2,311 | +$2,304 |
| $250 (+20%) | +$3,402 | +$3,364 | +$3,345 | +$3,344 |
Uses ABBV's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.