Target Price Playground
BRZE
$18.97
Forward Projection
If price hits $17 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $19 ยท Jun '26
Qty 1 ยท Premium $0.91 ยท ฮ -0.45
SHORT PUT ยท $18 ยท Jun '26
Qty 1 ยท Premium $0.34 ยท ฮ -0.22
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If BRZE hits $17 by Jun 19: the bear put spread returns +$93 (163.4%) on $57 risked, vs $-247 (-13.0%) for 100 shares on $1,897. Options give 12.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BRZE is at $17. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BRZE hits $17 by Jun 19
+$93
+163.4% on $57 risked
Max Profit
+$93
If the stock โค $18 at expiry
Max Loss
โ$57
Net debit
Break-even
$18.43
-2.84% from spot
Prob. of Target Hit
31%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-22.89 / -0.12 / 0.78
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%) | +$80 | +$86 | +$91 | +$93 |
| $16 (-15%) | +$66 | +$73 | +$84 | +$93 |
| $17 (-13%) โ target | +$59 | +$66 | +$77 | +$93 |
| $17 (-10%) | +$46 | +$52 | +$63 | +$93 |
| $18 (-5%) | +$23 | +$24 | +$27 | +$41 |
| $19 (-2%) | +$9 | +$7 | +$4 | -$16 |
| $19 (0%) โ spot | -$0 | -$3 | -$10 | -$54 |
| $19 (+2%) | -$8 | -$13 | -$23 | -$57 |
| $20 (+5%) | -$20 | -$26 | -$37 | -$57 |
| $21 (+10%) | -$34 | -$41 | -$50 | -$57 |
| $22 (+15%) | -$44 | -$50 | -$55 | -$57 |
| $23 (+20%) | -$50 | -$54 | -$57 | -$57 |
Uses BRZE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.