Target Price Playground
ASX
$24.84
Forward Projection
If price hits $22 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 $25 ยท Jun '26
Qty 1 ยท Premium $1.25 ยท ฮ -0.47
SHORT PUT ยท $23 ยท Jun '26
Qty 1 ยท Premium $0.46 ยท ฮ -0.23
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If ASX hits $22 by Jun 19: the bear put spread returns +$122 (155.0%) on $78 risked, vs $-284 (-11.4%) for 100 shares on $2,484. Options give 13.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASX is at $22. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ASX hits $22 by Jun 19
+$122
+155.0% on $78 risked
Max Profit
+$122
If the stock โค $23 at expiry
Max Loss
โ$78
Net debit
Break-even
$24.22
-2.51% from spot
Prob. of Target Hit
37%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-23.52 / -0.14 / 0.97
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
| ASX Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $20 (-20%) | +$105 | +$112 | +$119 | +$121 |
| $21 (-15%) | +$87 | +$96 | +$110 | +$121 |
| $22 (-11%) โ target | +$69 | +$78 | +$93 | +$121 |
| $22 (-10%) | +$61 | +$69 | +$83 | +$121 |
| $24 (-5%) | +$30 | +$33 | +$37 | +$61 |
| $24 (-2%) | +$12 | +$10 | +$6 | -$13 |
| $25 (0%) โ spot | -$1 | -$5 | -$13 | -$63 |
| $25 (+2%) | -$12 | -$18 | -$30 | -$79 |
| $26 (+5%) | -$27 | -$35 | -$50 | -$79 |
| $27 (+10%) | -$47 | -$56 | -$69 | -$79 |
| $29 (+15%) | -$61 | -$68 | -$76 | -$79 |
| $30 (+20%) | -$69 | -$75 | -$78 | -$79 |
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.