Target Price Playground
BMNR
$21.28
๐ข
BMNR IV: 87.3% โ LOW
(-25.8% vs 30d avg of 117.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $23 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $21.28 ยท ฮ 1.00
SHORT CALL ยท $23 ยท Jun '26
Qty 1 ยท Premium $2.56 ยท ฮ 0.5
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If BMNR hits $23 by Jun 19: the covered call returns +$428 (22.9%) on $1,872 risked, vs +$172 (8.1%) for 100 shares on $2,128. Options give 2.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BMNR is at $23. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BMNR hits $23 by Jun 19
+$428
+22.9% on $1,872 risked
Max Profit
+$428
If the stock โฅ $23 at expiry
Max Loss
โ$1,872
If stock โ $0 (minus premium received)
Break-even
$18.72
-12.03% from spot
Prob. of Target Hit
83%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
49.99 / 2.43 / -3.74
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
| BMNR Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $17 (-20%) | -$260 | -$223 | -$187 | -$170 |
| $18 (-15%) | -$185 | -$142 | -$94 | -$63 |
| $19 (-10%) | -$118 | -$68 | -$10 | +$43 |
| $20 (-5%) | -$55 | -$0 | +$68 | +$150 |
| $21 (-2%) | -$22 | +$36 | +$109 | +$213 |
| $21 (0%) โ spot | +$0 | +$60 | +$135 | +$256 |
| $22 (+2%) | +$21 | +$82 | +$160 | +$299 |
| $22 (+5%) | +$51 | +$113 | +$193 | +$362 |
| $23 (+8%) โ target | +$79 | +$143 | +$225 | +$428 |
| $23 (+10%) | +$96 | +$160 | +$242 | +$428 |
| $24 (+15%) | +$136 | +$200 | +$283 | +$428 |
| $26 (+20%) | +$171 | +$235 | +$316 | +$428 |
Uses BMNR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.