Target Price Playground

Templates Custom Builder
ASX
$24.84
Forward Projection If price hits $24 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $25 ยท Jul '26
Qty 1 ยท Premium $1.45 ยท ฮ” -0.46
SHORT PUT ยท $24 ยท Jun '26
Qty 1 ยท Premium $0.62 ยท ฮ” -0.29
P&L at Expiry Now $25 Target $24 $17 $25 $32
Stock (100 sh) Diagonal Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If ASX hits $24 by Jun 19: the diagonal put spread returns +$87 (104.4%) on $83 risked, vs $-134 (-5.4%) for 100 shares on $2,484. Options give 19.3ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASX is at $24. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if ASX hits $24 by Jun 19
+$87
+104.4% on $83 risked
Max Profit
+$84
If the stock price is favorable
Max Loss
โˆ’$83
Worst-case within chart range
Break-even
$24.90
+0.26% from spot
Prob. of Target Hit
67%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-16.8 / 0.08 / 1.39
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

ASX Price Today May 5 May 27 Jun 19 (exp)
$20 (-20%) +$55 +$58 +$59 +$59
$21 (-15%) +$49 +$54 +$60 +$60
$22 (-10%) +$37 +$44 +$55 +$67
$24 (-5%) โ† target +$22 +$28 +$38 +$87
$24 (-2%) +$8 +$12 +$19 +$30
$25 (0%) โ† spot +$0 +$2 +$5 +$3
$25 (+2%) -$8 -$8 -$8 -$19
$26 (+5%) -$20 -$22 -$27 -$44
$27 (+10%) -$39 -$44 -$52 -$68
$29 (+15%) -$54 -$60 -$68 -$78
$30 (+20%) -$65 -$70 -$76 -$82
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.