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 $170 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $145 ยท Jun '26
Qty 1 ยท Premium $17.45 ยท ฮ 0.59
LONG PUT ยท $145 ยท Jun '26
Qty 1 ยท Premium $12.45 ยท ฮ -0.41
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If ANET hits $170 by Jun 19: the long straddle returns $-490 (-16.4%) on $2,990 risked, vs +$2,265 (15.4%) for 100 shares on $14,735. Options give 1.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ANET is at $170. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ANET hits $170 by Jun 19
$-490
-16.4% on $2,990 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$2,990
Both premiums paid
Break-even
$174.90
+18.7% from spot
Prob. of Target Hit
51%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
18.13 / -22.06 / 48.98
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%) | +$276 | +$22 | -$210 | -$278 |
| $125 (-15%) | -$55 | -$397 | -$773 | -$1,015 |
| $133 (-10%) | -$255 | -$671 | -$1,180 | -$1,752 |
| $140 (-5%) | -$320 | -$786 | -$1,386 | -$2,488 |
| $144 (-2%) | -$296 | -$778 | -$1,405 | -$2,930 |
| $147 (0%) โ spot | -$254 | -$741 | -$1,374 | -$2,755 |
| $150 (+2%) | -$193 | -$681 | -$1,309 | -$2,460 |
| $155 (+5%) | -$66 | -$548 | -$1,154 | -$2,018 |
| $162 (+10%) | +$230 | -$223 | -$761 | -$1,281 |
| $170 (+15%) โ target | +$652 | +$245 | -$196 | -$490 |
| $177 (+20%) | +$1,088 | +$727 | +$373 | +$192 |
Uses ANET's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.