Target Price Playground
ASX
$24.84
Forward Projection
If price hits $27 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
@ $24.84 ยท ฮ 1.00
SHORT CALL ยท $27 ยท Jun '26
Qty 1 ยท Premium $0.57 ยท ฮ 0.3
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ASX hits $27 by Jun 19: the covered call returns +$273 (11.3%) on $2,427 risked, vs +$216 (8.7%) for 100 shares on $2,484. Options give 1.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASX is at $27. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ASX hits $27 by Jun 19
+$273
+11.3% on $2,427 risked
Max Profit
+$273
If the stock โฅ $27 at expiry
Max Loss
โ$2,427
If stock โ $0 (minus premium received)
Break-even
$24.27
-2.31% from spot
Prob. of Target Hit
50%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
69.85 / 0.92 / -3.71
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%) | -$441 | -$440 | -$440 | -$440 |
| $21 (-15%) | -$320 | -$317 | -$316 | -$316 |
| $22 (-10%) | -$202 | -$195 | -$191 | -$191 |
| $24 (-5%) | -$95 | -$81 | -$70 | -$67 |
| $24 (-2%) | -$37 | -$18 | -$1 | +$7 |
| $25 (0%) โ spot | -$0 | +$21 | +$43 | +$57 |
| $25 (+2%) | +$33 | +$57 | +$84 | +$107 |
| $26 (+5%) | +$78 | +$104 | +$137 | +$181 |
| $27 (+9%) โ target | +$124 | +$152 | +$188 | +$273 |
| $27 (+10%) | +$138 | +$166 | +$202 | +$273 |
| $29 (+15%) | +$181 | +$208 | +$240 | +$273 |
| $30 (+20%) | +$210 | +$233 | +$257 | +$273 |
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.