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 $60 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $53 ยท Jun '26
Qty 1 ยท Premium $2.83 ยท ฮ 0.53
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If BAC hits $60 by Jun 19: the long straddle returns +$132 (23.3%) on $568 risked, vs +$746 (14.2%) for 100 shares on $5,254. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BAC is at $60. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BAC hits $60 by Jun 19
+$132
+23.3% on $568 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$568
Both premiums paid
Break-even
$47.32
-9.93% from spot
Prob. of Target Hit
29%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
5.13 / -4.19 / 17.92
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%) | +$512 | +$508 | +$514 | +$529 |
| $45 (-15%) | +$296 | +$269 | +$256 | +$266 |
| $47 (-10%) | +$127 | +$70 | +$17 | +$3 |
| $50 (-5%) | +$25 | -$60 | -$162 | -$259 |
| $51 (-2%) | +$1 | -$96 | -$220 | -$417 |
| $53 (0%) โ spot | -$0 | -$102 | -$233 | -$522 |
| $54 (+2%) | +$11 | -$92 | -$226 | -$509 |
| $55 (+5%) | +$51 | -$51 | -$177 | -$351 |
| $58 (+10%) | +$168 | +$80 | -$17 | -$89 |
| $60 (+14%) โ target | +$308 | +$236 | +$168 | +$132 |
| $63 (+20%) | +$545 | +$495 | +$456 | +$437 |
Uses BAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.