Target Price Playground
BMNR
$21.28
๐ข
BMNR IV: 88.2% โ LOW
(-25.1% 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 $24 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
@ $21.28 ยท ฮ 1.00
LONG PUT ยท $20 ยท Jun '26
Qty 1 ยท Premium $2.42 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If BMNR hits $24 by Jun 19: the protective put returns $-20 (-0.8%) on $2,370 risked, vs +$222 (10.4%) for 100 shares on $2,128. Options give 0.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BMNR is at $24. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BMNR hits $24 by Jun 19
$-20
-0.8% on $2,370 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$370
Put floors you at $20
Break-even
$23.70
+11.37% from spot
Prob. of Target Hit
78%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.15 / -2.1 / 3.47
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%) | -$232 | -$272 | -$321 | -$370 |
| $18 (-15%) | -$184 | -$229 | -$287 | -$370 |
| $19 (-10%) | -$131 | -$179 | -$242 | -$370 |
| $20 (-5%) | -$70 | -$120 | -$187 | -$348 |
| $21 (-2%) | -$32 | -$82 | -$149 | -$285 |
| $21 (0%) โ spot | -$4 | -$55 | -$121 | -$242 |
| $22 (+2%) | +$24 | -$27 | -$92 | -$199 |
| $22 (+5%) | +$67 | +$16 | -$48 | -$136 |
| $24 (+10%) โ target | +$150 | +$101 | +$42 | -$20 |
| $24 (+15%) | +$223 | +$177 | +$122 | +$77 |
| $26 (+20%) | +$308 | +$264 | +$216 | +$184 |
Uses BMNR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.