Target Price Playground
BRZE
$18.97
Forward Projection
If price hits $21 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 $19 ยท Jun '26
Qty 1 ยท Premium $1.03 ยท ฮ 0.55
SHORT CALL ยท $21 ยท Jun '26
Qty 1 ยท Premium $0.47 ยท ฮ 0.32
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If BRZE hits $21 by Jun 19: the bull call spread returns +$94 (165.8%) on $56 risked, vs +$203 (10.7%) for 100 shares on $1,897. Options give 15.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BRZE is at $21. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BRZE hits $21 by Jun 19
+$94
+165.8% on $56 risked
Max Profit
+$94
If the stock โฅ $20 at expiry
Max Loss
โ$56
Net debit
Break-even
$19.56
+3.13% from spot
Prob. of Target Hit
41%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
22.89 / -0.12 / 0.32
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
| BRZE Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $15 (-20%) | -$53 | -$55 | -$56 | -$56 |
| $16 (-15%) | -$47 | -$52 | -$55 | -$56 |
| $17 (-10%) | -$36 | -$43 | -$51 | -$56 |
| $18 (-5%) | -$20 | -$26 | -$38 | -$56 |
| $19 (-2%) | -$8 | -$13 | -$23 | -$56 |
| $19 (0%) โ spot | +$0 | -$3 | -$10 | -$56 |
| $19 (+2%) | +$9 | +$7 | +$4 | -$21 |
| $20 (+5%) | +$22 | +$23 | +$25 | +$36 |
| $21 (+11%) โ target | +$45 | +$51 | +$61 | +$94 |
| $22 (+15%) | +$60 | +$67 | +$78 | +$94 |
| $23 (+20%) | +$72 | +$79 | +$88 | +$94 |
Uses BRZE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.