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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $24.84 ยท ฮ 1.00
LONG PUT ยท $24 ยท Jun '26
Qty 1 ยท Premium $0.62 ยท ฮ -0.29
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If ASX hits $27 by Jun 19: the protective put returns +$154 (6.1%) on $2,546 risked, vs +$216 (8.7%) for 100 shares on $2,484. Options give 0.7ร 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
+$154
+6.1% on $2,546 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$196
Put floors you at $24
Break-even
$25.46
+2.48% from spot
Prob. of Target Hit
50%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
71.23 / -0.72 / 3.63
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%) | -$201 | -$203 | -$202 | -$196 |
| $21 (-15%) | -$179 | -$188 | -$196 | -$196 |
| $22 (-10%) | -$140 | -$155 | -$175 | -$196 |
| $24 (-5%) | -$80 | -$98 | -$123 | -$186 |
| $24 (-2%) | -$35 | -$53 | -$77 | -$112 |
| $25 (0%) โ spot | -$0 | -$18 | -$39 | -$62 |
| $25 (+2%) | +$36 | +$21 | +$2 | -$12 |
| $26 (+5%) | +$95 | +$82 | +$69 | +$62 |
| $27 (+9%) โ target | +$174 | +$164 | +$156 | +$154 |
| $27 (+10%) | +$203 | +$194 | +$187 | +$186 |
| $29 (+15%) | +$319 | +$314 | +$311 | +$311 |
| $30 (+20%) | +$439 | +$436 | +$435 | +$435 |
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.