Target Price Playground
ASX
$24.84
Forward Projection
If price hits $29 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $25 ยท Jun '26
Qty 1 ยท Premium $1.29 ยท ฮ 0.53
LONG PUT ยท $25 ยท Jun '26
Qty 1 ยท Premium $1.25 ยท ฮ -0.47
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If ASX hits $29 by Jun 19: the long straddle returns +$146 (57.3%) on $254 risked, vs +$416 (16.7%) for 100 shares on $2,484. Options give 3.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ASX is at $29. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ASX hits $29 by Jun 19
+$146
+57.3% on $254 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$254
Both premiums paid
Break-even
$22.46
-9.6% from spot
Prob. of Target Hit
19%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
6.26 / -1.88 / 8.47
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%) | +$248 | +$248 | +$252 | +$259 |
| $21 (-15%) | +$144 | +$134 | +$130 | +$135 |
| $22 (-10%) | +$62 | +$37 | +$15 | +$10 |
| $24 (-5%) | +$12 | -$26 | -$71 | -$114 |
| $24 (-2%) | +$0 | -$43 | -$99 | -$188 |
| $25 (0%) โ spot | +$0 | -$45 | -$104 | -$238 |
| $25 (+2%) | +$7 | -$40 | -$99 | -$220 |
| $26 (+5%) | +$27 | -$18 | -$74 | -$146 |
| $27 (+10%) | +$86 | +$47 | +$6 | -$22 |
| $29 (+15%) | +$170 | +$141 | +$116 | +$103 |
| $29 (+17%) โ target | +$204 | +$178 | +$156 | +$146 |
| $30 (+20%) | +$271 | +$251 | +$235 | +$227 |
Uses ASX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.