Target Price Playground
BLKB
$34.27
๐ด
BLKB IV: 124.6% โ HIGH
(+104.7% vs 30d avg of 60.9%)
Options are expensive vs 30d avg โ good time to SELL premium (covered calls, credit spreads).
Forward Projection
If price hits $38 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $34 ยท Jun '26
Qty 1 ยท Premium $6.27 ยท ฮ 0.6
SHORT CALL ยท $37 ยท Jun '26
Qty 1 ยท Premium $5.11 ยท ฮ 0.53
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If BLKB hits $38 by Jun 19: the bull call spread returns +$184 (159.3%) on $116 risked, vs +$373 (10.9%) for 100 shares on $3,427. Options give 14.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BLKB is at $38. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BLKB hits $38 by Jun 19
+$184
+159.3% on $116 risked
Max Profit
+$184
If the stock โฅ $37 at expiry
Max Loss
โ$116
Net debit
Break-even
$35.16
+2.59% from spot
Prob. of Target Hit
81%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
7.46 / 0.12 / -0.18
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
| BLKB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $27 (-20%) | -$51 | -$59 | -$76 | -$116 |
| $29 (-15%) | -$39 | -$44 | -$59 | -$116 |
| $31 (-10%) | -$26 | -$29 | -$39 | -$116 |
| $33 (-5%) | -$13 | -$13 | -$18 | -$116 |
| $34 (-2%) | -$5 | -$4 | -$5 | -$116 |
| $34 (0%) โ spot | -$0 | +$2 | +$4 | -$89 |
| $35 (+2%) | +$5 | +$9 | +$13 | -$20 |
| $36 (+5%) | +$12 | +$18 | +$26 | +$82 |
| $38 (+11%) โ target | +$27 | +$36 | +$50 | +$184 |
| $39 (+15%) | +$36 | +$47 | +$67 | +$184 |
| $41 (+20%) | +$48 | +$61 | +$85 | +$184 |
Uses BLKB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.