Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If ACN hits $190 by Jun 19: the cash-secured put returns +$780 (5.0%) on $-780 credit (max loss $15,720), vs +$1,047 (5.8%) for 100 shares on $17,953. Options give 0.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ACN is at $190. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| ACN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $144 (-20%) | -$1,617 | -$1,505 | -$1,393 | -$1,358 |
| $153 (-15%) | -$1,013 | -$853 | -$657 | -$460 |
| $162 (-10%) | -$517 | -$328 | -$78 | +$438 |
| $171 (-5%) | -$129 | +$66 | +$322 | +$780 |
| $176 (-2%) | +$56 | +$244 | +$482 | +$780 |
| $180 (0%) โ spot | +$162 | +$342 | +$561 | +$780 |
| $183 (+2%) | +$255 | +$425 | +$622 | +$780 |
| $190 (+6%) โ target | +$400 | +$547 | +$700 | +$780 |
| $197 (+10%) | +$517 | +$637 | +$744 | +$780 |
| $206 (+15%) | +$615 | +$703 | +$767 | +$780 |
| $215 (+20%) | +$678 | +$740 | +$776 | +$780 |