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 $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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $147.35 ยท ฮ 1.00
SHORT CALL ยท $160 ยท Jun '26
Qty 1 ยท Premium $10.05 ยท ฮ 0.43
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ANET hits $160 by Jun 19: the covered call returns +$2,270 (16.5%) on $13,730 risked, vs +$1,265 (8.6%) for 100 shares on $14,735. Options give 1.9ร 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
+$2,270
+16.5% on $13,730 risked
Max Profit
+$2,270
If the stock โฅ $160 at expiry
Max Loss
โ$13,730
If stock โ $0 (minus premium received)
Break-even
$137.30
-6.82% from spot
Prob. of Target Hit
71%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
57.25 / 11.09 / -26.03
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%) | -$2,098 | -$2,009 | -$1,951 | -$1,942 |
| $125 (-15%) | -$1,476 | -$1,344 | -$1,236 | -$1,205 |
| $133 (-10%) | -$902 | -$725 | -$551 | -$468 |
| $140 (-5%) | -$386 | -$165 | +$80 | +$268 |
| $144 (-2%) | -$104 | +$138 | +$424 | +$710 |
| $147 (0%) โ spot | +$71 | +$327 | +$637 | +$1,005 |
| $150 (+2%) | +$237 | +$503 | +$834 | +$1,300 |
| $155 (+5%) | +$467 | +$746 | +$1,100 | +$1,742 |
| $160 (+9%) โ target | +$714 | +$1,002 | +$1,371 | +$2,270 |
| $162 (+10%) | +$804 | +$1,094 | +$1,464 | +$2,270 |
| $169 (+15%) | +$1,084 | +$1,372 | +$1,733 | +$2,270 |
| $177 (+20%) | +$1,315 | +$1,591 | +$1,921 | +$2,270 |
Uses ANET's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.