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 $58 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $52.54 ยท ฮ 1.00
LONG PUT ยท $50 ยท Jun '26
Qty 1 ยท Premium $1.46 ยท ฮ 0
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If BAC hits $58 by Jun 19: the protective put returns +$400 (7.4%) on $5,400 risked, vs +$546 (10.4%) for 100 shares on $5,254. Options give 0.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BAC is at $58. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BAC hits $58 by Jun 19
+$400
+7.4% on $5,400 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$400
Put floors you at $50
Break-even
$54.00
+2.78% from spot
Prob. of Target Hit
44%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
100.0 / 0.0 / 0.0
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%) | -$408 | -$413 | -$412 | -$400 |
| $45 (-15%) | -$361 | -$381 | -$400 | -$400 |
| $47 (-10%) | -$279 | -$313 | -$356 | -$400 |
| $50 (-5%) | -$156 | -$198 | -$254 | -$400 |
| $51 (-2%) | -$63 | -$104 | -$159 | -$251 |
| $53 (0%) โ spot | +$7 | -$33 | -$84 | -$146 |
| $54 (+2%) | +$82 | +$44 | -$0 | -$41 |
| $55 (+5%) | +$204 | +$172 | +$137 | +$117 |
| $58 (+10%) โ target | +$444 | +$423 | +$405 | +$400 |
| $60 (+15%) | +$666 | +$652 | +$643 | +$642 |
| $63 (+20%) | +$917 | +$909 | +$905 | +$905 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.