Target Price Playground

Templates Custom Builder
ALRM
$42.65
๐ŸŸก
ALRM IV: 65.7% โ€” NORMAL (+9.3% vs 30d avg of 60.1%)
IV is near its 30-day average โ€” no strong edge either way.
Forward Projection If price hits $48 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bullish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG CALL ยท $43 ยท Jun '26
Qty 1 ยท Premium $4.01 ยท ฮ” 0.55
SHORT CALL ยท $46 ยท Jun '26
Qty 1 ยท Premium $2.83 ยท ฮ” 0.43
P&L at Expiry Now $43 Target $48 $30 $43 $55
Stock (100 sh) Bull Call Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If ALRM hits $48 by Jun 19: the bull call spread returns +$182 (154.0%) on $118 risked, vs +$535 (12.5%) for 100 shares on $4,265. Options give 12.3ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ALRM is at $48. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if ALRM hits $48 by Jun 19
+$182
+154.0% on $118 risked
Max Profit
+$182
If the stock โ‰ฅ $46 at expiry
Max Loss
โˆ’$118
Net debit
Break-even
$44.18
+3.59% from spot
Prob. of Target Hit
60%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
11.34 / -0.07 / 0.05
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

ALRM Price Today May 5 May 27 Jun 19 (exp)
$34 (-20%) -$84 -$95 -$110 -$118
$36 (-15%) -$67 -$79 -$99 -$118
$38 (-10%) -$47 -$57 -$78 -$118
$41 (-5%) -$24 -$31 -$47 -$118
$42 (-2%) -$10 -$14 -$25 -$118
$43 (0%) โ† spot +$0 -$2 -$9 -$118
$44 (+2%) +$10 +$9 +$7 -$68
$45 (+5%) +$24 +$27 +$31 +$60
$47 (+10%) +$47 +$55 +$70 +$182
$48 (+13%) โ† target +$59 +$69 +$88 +$182
$49 (+15%) +$69 +$81 +$104 +$182
$51 (+20%) +$89 +$104 +$130 +$182
Uses ALRM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.