Target Price Playground
ASAN
$5.46
๐ข
ASAN IV: 77.6% โ LOW
(-45.8% vs 30d avg of 143.1%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $6 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
@ $5.46 ยท ฮ 1.00
SHORT CALL ยท $6 ยท Jun '26
Qty 1 ยท Premium $0.64 ยท ฮ 0.49
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ASAN hits $6 by Jun 19: the covered call returns +$118 (24.4%) on $482 risked, vs +$54 (9.9%) for 100 shares on $546. Options give 2.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASAN is at $6. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ASAN hits $6 by Jun 19
+$118
+24.4% on $482 risked
Max Profit
+$118
If the stock โฅ $6 at expiry
Max Loss
โ$482
If stock โ $0 (minus premium received)
Break-even
$4.82
-11.65% from spot
Prob. of Target Hit
79%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
51.45 / 0.64 / -0.93
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
| ASAN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $4 (-20%) | -$68 | -$58 | -$49 | -$45 |
| $5 (-15%) | -$48 | -$37 | -$25 | -$18 |
| $5 (-10%) | -$31 | -$18 | -$3 | +$9 |
| $5 (-5%) | -$14 | +$0 | +$17 | +$37 |
| $5 (-2%) | -$5 | +$10 | +$28 | +$53 |
| $5 (0%) โ spot | +$0 | +$16 | +$35 | +$64 |
| $6 (+2%) | +$6 | +$22 | +$42 | +$75 |
| $6 (+5%) | +$14 | +$30 | +$51 | +$91 |
| $6 (+10%) โ target | +$25 | +$42 | +$64 | +$118 |
| $6 (+15%) | +$36 | +$54 | +$76 | +$118 |
| $7 (+20%) | +$46 | +$63 | +$85 | +$118 |
Uses ASAN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.