Target Price Playground
ANET
$147.35
๐ข
ANET IV: 53.5% โ LOW
(-26.9% vs 30d avg of 73.2%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $130 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $145 ยท Jun '26
Qty 1 ยท Premium $12.45 ยท ฮ -0.41
SHORT PUT ยท $135 ยท Jun '26
Qty 1 ยท Premium $8.4 ยท ฮ -0.31
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If ANET hits $130 by Jun 19: the bear put spread returns +$595 (146.9%) on $405 risked, vs $-1,735 (-11.8%) for 100 shares on $14,735. Options give 12.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ANET is at $130. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ANET hits $130 by Jun 19
+$595
+146.9% on $405 risked
Max Profit
+$595
If the stock โค $135 at expiry
Max Loss
โ$405
Net debit
Break-even
$140.95
-4.34% from spot
Prob. of Target Hit
62%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-10.46 / -0.5 / 1.03
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
| ANET Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $118 (-20%) | +$380 | +$420 | +$493 | +$595 |
| $125 (-15%) | +$299 | +$330 | +$394 | +$595 |
| $130 (-12%) โ target | +$243 | +$264 | +$312 | +$595 |
| $133 (-10%) | +$212 | +$227 | +$261 | +$595 |
| $140 (-5%) | +$123 | +$119 | +$112 | +$97 |
| $144 (-2%) | +$71 | +$55 | +$24 | -$345 |
| $147 (0%) โ spot | +$37 | +$14 | -$32 | -$405 |
| $150 (+2%) | +$4 | -$25 | -$85 | -$405 |
| $155 (+5%) | -$42 | -$81 | -$155 | -$405 |
| $162 (+10%) | -$113 | -$162 | -$248 | -$405 |
| $169 (+15%) | -$174 | -$227 | -$313 | -$405 |
| $177 (+20%) | -$225 | -$279 | -$354 | -$405 |
Uses ANET's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.