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 $240 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $210 ยท Jun '26
Qty 1 ยท Premium $10.2 ยท ฮ 0.51
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If ABBV hits $240 by Jun 19: the long straddle returns +$725 (31.9%) on $2,275 risked, vs +$3,206 (15.4%) for 100 shares on $20,794. Options give 2.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ABBV is at $240. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ABBV hits $240 by Jun 19
+$725
+31.9% on $2,275 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$2,275
Both premiums paid
Break-even
$187.25
-9.95% from spot
Prob. of Target Hit
26%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
2.04 / -16.93 / 70.48
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%) | +$2,023 | +$2,006 | +$2,032 | +$2,090 |
| $177 (-15%) | +$1,170 | +$1,063 | +$1,010 | +$1,050 |
| $187 (-10%) | +$505 | +$277 | +$66 | +$10 |
| $198 (-5%) | +$99 | -$241 | -$645 | -$1,029 |
| $204 (-2%) | -$2 | -$389 | -$880 | -$1,653 |
| $208 (0%) โ spot | -$8 | -$412 | -$937 | -$2,069 |
| $212 (+2%) | +$35 | -$377 | -$912 | -$2,065 |
| $218 (+5%) | +$186 | -$219 | -$727 | -$1,441 |
| $229 (+10%) | +$643 | +$289 | -$103 | -$402 |
| $240 (+15%) โ target | +$1,371 | +$1,099 | +$850 | +$725 |
| $250 (+20%) | +$2,121 | +$1,916 | +$1,756 | +$1,678 |
Uses ABBV's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.