Target Price Playground
ADEA
$26.87
Forward Projection
If price hits $29 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $26.87 ยท ฮ 1.00
SHORT CALL ยท $29 ยท Jun '26
Qty 1 ยท Premium $0.67 ยท ฮ 0.32
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ADEA hits $29 by Jun 19: the covered call returns +$280 (10.7%) on $2,620 risked, vs +$213 (7.9%) for 100 shares on $2,687. Options give 1.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ADEA is at $29. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ADEA hits $29 by Jun 19
+$280
+10.7% on $2,620 risked
Max Profit
+$280
If the stock โฅ $29 at expiry
Max Loss
โ$2,620
If stock โ $0 (minus premium received)
Break-even
$26.20
-2.51% from spot
Prob. of Target Hit
54%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
67.9 / 1.02 / -4.12
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
| ADEA Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $22 (-20%) | -$471 | -$470 | -$470 | -$470 |
| $23 (-15%) | -$341 | -$337 | -$336 | -$336 |
| $24 (-10%) | -$216 | -$207 | -$203 | -$202 |
| $26 (-5%) | -$100 | -$84 | -$71 | -$67 |
| $26 (-2%) | -$39 | -$18 | +$2 | +$13 |
| $27 (0%) โ spot | -$0 | +$23 | +$49 | +$67 |
| $27 (+2%) | +$35 | +$61 | +$91 | +$121 |
| $28 (+5%) | +$81 | +$110 | +$146 | +$201 |
| $29 (+8%) โ target | +$120 | +$150 | +$189 | +$280 |
| $30 (+10%) | +$143 | +$174 | +$212 | +$280 |
| $31 (+15%) | +$187 | +$216 | +$248 | +$280 |
| $32 (+20%) | +$216 | +$240 | +$264 | +$280 |
Uses ADEA's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.