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 $39 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 $34 ยท Jun '26
Qty 1 ยท Premium $6.27 ยท ฮ 0.6
LONG PUT ยท $34 ยท Jun '26
Qty 1 ยท Premium $5.72 ยท ฮ -0.4
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If BLKB hits $39 by Jun 19: the long straddle returns $-699 (-58.3%) on $1,199 risked, vs +$473 (13.8%) for 100 shares on $3,427. Options give 4.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BLKB is at $39. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BLKB hits $39 by Jun 19
$-699
-58.3% on $1,199 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$1,199
Both premiums paid
Break-even
$45.99
+34.21% from spot
Prob. of Target Hit
76%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
20.44 / -8.73 / 11.33
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%) | -$10 | -$172 | -$365 | -$541 |
| $29 (-15%) | -$33 | -$213 | -$438 | -$712 |
| $31 (-10%) | -$39 | -$233 | -$483 | -$883 |
| $33 (-5%) | -$27 | -$232 | -$501 | -$1,055 |
| $34 (-2%) | -$13 | -$223 | -$498 | -$1,157 |
| $34 (0%) โ spot | +$0 | -$212 | -$490 | -$1,172 |
| $35 (+2%) | +$16 | -$199 | -$479 | -$1,103 |
| $36 (+5%) | +$42 | -$174 | -$455 | -$1,001 |
| $38 (+10%) | +$99 | -$118 | -$395 | -$829 |
| $39 (+14%) โ target | +$149 | -$66 | -$336 | -$699 |
| $39 (+15%) | +$167 | -$48 | -$316 | -$658 |
| $41 (+20%) | +$246 | +$36 | -$218 | -$487 |
Uses BLKB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.