Target Price Playground

Templates Custom Builder
ADEA
$26.87
Forward Projection If price hits $24 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $27 ยท Jun '26
Qty 1 ยท Premium $1.33 ยท ฮ” -0.46
SHORT PUT ยท $25 ยท Jun '26
Qty 1 ยท Premium $0.41 ยท ฮ” -0.2
P&L at Expiry Now $27 Target $24 $19 $27 $35
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If ADEA hits $24 by Jun 19: the bear put spread returns +$158 (171.0%) on $92 risked, vs $-337 (-12.5%) for 100 shares on $2,687. Options give 13.7ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ADEA is at $24. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if ADEA hits $24 by Jun 19
+$158
+171.0% on $92 risked
Max Profit
+$158
If the stock โ‰ค $24 at expiry
Max Loss
โˆ’$92
Net debit
Break-even
$26.08
-2.95% from spot
Prob. of Target Hit
33%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-26.52 / -0.21 / 1.37
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

ADEA Price Today May 5 May 27 Jun 19 (exp)
$22 (-20%) +$135 +$144 +$154 +$158
$23 (-15%) +$111 +$123 +$140 +$158
$24 (-13%) โ† target +$95 +$106 +$125 +$158
$24 (-10%) +$77 +$86 +$103 +$158
$26 (-5%) +$38 +$40 +$43 +$55
$26 (-2%) +$15 +$12 +$5 -$25
$27 (0%) โ† spot +$0 -$6 -$18 -$79
$27 (+2%) -$14 -$22 -$38 -$92
$28 (+5%) -$32 -$42 -$60 -$92
$30 (+10%) -$56 -$67 -$81 -$92
$31 (+15%) -$72 -$80 -$89 -$92
$32 (+20%) -$81 -$87 -$91 -$92
Uses ADEA's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.