Target Price Playground
BAC
$52.54
๐ข
BAC IV: 35.3% โ LOW
(-32.2% vs 30d avg of 52.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $46 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $53 ยท Jun '26
Qty 1 ยท Premium $2.85 ยท ฮ -0.47
SHORT PUT ยท $48 ยท Jun '26
Qty 1 ยท Premium $0.92 ยท ฮ -0.21
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If BAC hits $46 by Jun 19: the bear put spread returns +$307 (159.3%) on $193 risked, vs $-654 (-12.4%) for 100 shares on $5,254. Options give 12.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BAC is at $46. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BAC hits $46 by Jun 19
+$307
+159.3% on $193 risked
Max Profit
+$307
If the stock โค $48 at expiry
Max Loss
โ$193
Net debit
Break-even
$51.07
-2.8% from spot
Prob. of Target Hit
36%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-26.12 / -0.38 / 2.42
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
| BAC Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $42 (-20%) | +$257 | +$277 | +$298 | +$307 |
| $45 (-15%) | +$210 | +$234 | +$269 | +$307 |
| $46 (-12%) โ target | +$179 | +$201 | +$238 | +$307 |
| $47 (-10%) | +$146 | +$164 | +$196 | +$307 |
| $50 (-5%) | +$72 | +$76 | +$84 | +$116 |
| $51 (-2%) | +$28 | +$23 | +$11 | -$42 |
| $53 (0%) โ spot | -$0 | -$11 | -$34 | -$147 |
| $54 (+2%) | -$27 | -$42 | -$73 | -$193 |
| $55 (+5%) | -$63 | -$83 | -$120 | -$193 |
| $58 (+10%) | -$111 | -$133 | -$166 | -$193 |
| $60 (+15%) | -$144 | -$164 | -$185 | -$193 |
| $63 (+20%) | -$166 | -$180 | -$191 | -$193 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.