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 $55 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $48 ยท Jun '26
Qty 1 ยท Premium $0.92 ยท ฮ -0.21
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If BAC hits $55 by Jun 19: the cash-secured put returns +$92 (2.0%) on $-92 credit (max loss $4,708), vs +$246 (4.7%) for 100 shares on $5,254. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BAC is at $55. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BAC hits $55 by Jun 19
+$92
+2.0% on $4,708 max loss
Max Profit
+$92
If the stock โฅ $48 at expiry
Max Loss
โ$4,708
If stock โ $0 after assignment
Break-even
$47.08
-10.4% from spot
Prob. of Target Hit
73%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
21.31 / 1.4 / -6.54
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%) | -$524 | -$510 | -$499 | -$505 |
| $45 (-15%) | -$332 | -$302 | -$267 | -$242 |
| $47 (-10%) | -$180 | -$141 | -$89 | +$21 |
| $50 (-5%) | -$72 | -$33 | +$18 | +$92 |
| $51 (-2%) | -$25 | +$11 | +$54 | +$92 |
| $53 (0%) โ spot | -$0 | +$32 | +$68 | +$92 |
| $54 (+2%) | +$20 | +$49 | +$78 | +$92 |
| $55 (+5%) โ target | +$41 | +$65 | +$85 | +$92 |
| $58 (+10%) | +$68 | +$82 | +$91 | +$92 |
| $60 (+15%) | +$81 | +$88 | +$92 | +$92 |
| $63 (+20%) | +$87 | +$91 | +$92 | +$92 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.