Target Price Playground
ANET
$147.35
๐ข
ANET IV: 52.6% โ LOW
(-28.1% 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 $160 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $147.35 ยท ฮ 1.00
LONG PUT ยท $140 ยท Jun '26
Qty 1 ยท Premium $10.5 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If ANET hits $160 by Jun 19: the protective put returns +$215 (1.4%) on $15,785 risked, vs +$1,265 (8.6%) for 100 shares on $14,735. Options give 0.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ANET is at $160. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ANET hits $160 by Jun 19
+$215
+1.4% on $15,785 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,785
Put floors you at $140
Break-even
$157.85
+7.13% from spot
Prob. of Target Hit
71%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.3 / -9.97 / 23.99
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%) | -$1,471 | -$1,599 | -$1,732 | -$1,785 |
| $125 (-15%) | -$1,230 | -$1,399 | -$1,602 | -$1,785 |
| $133 (-10%) | -$919 | -$1,118 | -$1,376 | -$1,785 |
| $140 (-5%) | -$540 | -$754 | -$1,039 | -$1,785 |
| $144 (-2%) | -$281 | -$497 | -$783 | -$1,345 |
| $147 (0%) โ spot | -$95 | -$311 | -$591 | -$1,050 |
| $150 (+2%) | +$99 | -$113 | -$383 | -$755 |
| $155 (+5%) | +$408 | +$203 | -$47 | -$313 |
| $160 (+9%) โ target | +$799 | +$609 | +$389 | +$215 |
| $162 (+10%) | +$961 | +$777 | +$570 | +$424 |
| $169 (+15%) | +$1,556 | +$1,396 | +$1,236 | +$1,160 |
| $177 (+20%) | +$2,185 | +$2,052 | +$1,935 | +$1,897 |
Uses ANET's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.