Target Price Playground
ASX
$24.84
Forward Projection
If price hits $26 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $23 ยท Jun '26
Qty 1 ยท Premium $0.46 ยท ฮ -0.23
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If ASX hits $26 by Jun 19: the cash-secured put returns +$46 (2.1%) on $-46 credit (max loss $2,254), vs +$116 (4.7%) for 100 shares on $2,484. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASX is at $26. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ASX hits $26 by Jun 19
+$46
+2.1% on $2,254 max loss
Max Profit
+$46
If the stock โฅ $23 at expiry
Max Loss
โ$2,254
If stock โ $0 after assignment
Break-even
$22.54
-9.28% from spot
Prob. of Target Hit
72%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
23.35 / 0.65 / -3.26
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%) | -$268 | -$264 | -$262 | -$267 |
| $21 (-15%) | -$171 | -$160 | -$148 | -$143 |
| $22 (-10%) | -$94 | -$77 | -$55 | -$18 |
| $24 (-5%) | -$38 | -$20 | +$4 | +$46 |
| $24 (-2%) | -$13 | +$3 | +$24 | +$46 |
| $25 (0%) โ spot | -$0 | +$15 | +$33 | +$46 |
| $25 (+2%) | +$10 | +$24 | +$38 | +$46 |
| $26 (+5%) โ target | +$21 | +$32 | +$42 | +$46 |
| $27 (+10%) | +$34 | +$41 | +$45 | +$46 |
| $29 (+15%) | +$41 | +$44 | +$46 | +$46 |
| $30 (+20%) | +$44 | +$45 | +$46 | +$46 |
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.