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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If BAC hits $46 by Jun 19: the long put returns +$415 (145.6%) on $285 risked, vs $-654 (-12.4%) for 100 shares on $5,254. Options give 11.7ร 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
+$415
+145.6% on $285 risked
Max Profit
+$5,015
If stock โ $0
Max Loss
โ$285
Premium paid
Break-even
$50.15
-4.55% from spot
Prob. of Target Hit
36%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-47.43 / -1.77 / 8.96
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%) | +$782 | +$787 | +$797 | +$812 |
| $45 (-15%) | +$542 | +$536 | +$536 | +$549 |
| $46 (-12%) โ target | +$429 | +$415 | +$406 | +$415 |
| $47 (-10%) | +$326 | +$305 | +$286 | +$286 |
| $50 (-5%) | +$144 | +$109 | +$65 | +$24 |
| $51 (-2%) | +$53 | +$12 | -$43 | -$134 |
| $53 (0%) โ spot | +$0 | -$44 | -$102 | -$239 |
| $54 (+2%) | -$47 | -$91 | -$151 | -$285 |
| $55 (+5%) | -$106 | -$149 | -$206 | -$285 |
| $58 (+10%) | -$178 | -$215 | -$256 | -$285 |
| $60 (+15%) | -$225 | -$252 | -$277 | -$285 |
| $63 (+20%) | -$253 | -$271 | -$283 | -$285 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.