Target Price Playground
ATEN
$24.00
๐ข
ATEN IV: 38.5% โ LOW
(-49.0% vs 30d avg of 75.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $24.0 ยท ฮ 1.00
SHORT CALL ยท $26 ยท Jun '26
Qty 1 ยท Premium $0.98 ยท ฮ 0.37
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ATEN hits $26 by Jun 19: the covered call returns +$298 (13.0%) on $2,302 risked, vs +$200 (8.3%) for 100 shares on $2,400. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ATEN is at $26. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ATEN hits $26 by Jun 19
+$298
+13.0% on $2,302 risked
Max Profit
+$298
If the stock โฅ $26 at expiry
Max Loss
โ$2,302
If stock โ $0 (minus premium received)
Break-even
$23.02
-4.1% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
62.67 / 1.28 / -3.89
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
| ATEN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $19 (-20%) | -$389 | -$384 | -$382 | -$382 |
| $20 (-15%) | -$279 | -$269 | -$263 | -$262 |
| $22 (-10%) | -$175 | -$159 | -$146 | -$142 |
| $23 (-5%) | -$82 | -$58 | -$34 | -$22 |
| $24 (-2%) | -$32 | -$4 | +$27 | +$50 |
| $24 (0%) โ spot | -$0 | +$30 | +$65 | +$98 |
| $24 (+2%) | +$29 | +$61 | +$100 | +$146 |
| $25 (+5%) | +$68 | +$103 | +$146 | +$218 |
| $26 (+8%) โ target | +$107 | +$143 | +$188 | +$298 |
| $26 (+10%) | +$124 | +$160 | +$206 | +$298 |
| $28 (+15%) | +$168 | +$203 | +$245 | +$298 |
| $29 (+20%) | +$201 | +$233 | +$268 | +$298 |
Uses ATEN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.