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 $57 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
@ $52.54 ยท ฮ 1.00
SHORT CALL ยท $57 ยท Jun '26
Qty 1 ยท Premium $1.37 ยท ฮ 0.32
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If BAC hits $57 by Jun 19: the covered call returns +$583 (11.4%) on $5,117 risked, vs +$446 (8.5%) for 100 shares on $5,254. Options give 1.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BAC is at $57. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BAC hits $57 by Jun 19
+$583
+11.4% on $5,117 risked
Max Profit
+$583
If the stock โฅ $57 at expiry
Max Loss
โ$5,117
If stock โ $0 (minus premium received)
Break-even
$51.17
-2.61% from spot
Prob. of Target Hit
53%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
68.17 / 2.08 / -8.03
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%) | -$917 | -$915 | -$914 | -$914 |
| $45 (-15%) | -$662 | -$654 | -$651 | -$651 |
| $47 (-10%) | -$419 | -$400 | -$389 | -$388 |
| $50 (-5%) | -$196 | -$163 | -$135 | -$126 |
| $51 (-2%) | -$74 | -$32 | +$10 | +$32 |
| $53 (0%) โ spot | +$0 | +$48 | +$100 | +$137 |
| $54 (+2%) | +$69 | +$122 | +$184 | +$242 |
| $55 (+5%) | +$162 | +$221 | +$294 | +$400 |
| $57 (+8%) โ target | +$252 | +$315 | +$395 | +$583 |
| $58 (+10%) | +$286 | +$349 | +$429 | +$583 |
| $60 (+15%) | +$377 | +$437 | +$508 | +$583 |
| $63 (+20%) | +$440 | +$492 | +$546 | +$583 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.