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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $18.97 ยท ฮ 1.00
SHORT CALL ยท $21 ยท Jun '26
Qty 1 ยท Premium $0.47 ยท ฮ 0.32
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If BRZE hits $21 by Jun 19: the covered call returns +$200 (10.8%) on $1,850 risked, vs +$153 (8.1%) for 100 shares on $1,897. Options give 1.3ร 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
+$200
+10.8% on $1,850 risked
Max Profit
+$200
If the stock โฅ $20 at expiry
Max Loss
โ$1,850
If stock โ $0 (minus premium received)
Break-even
$18.50
-2.47% from spot
Prob. of Target Hit
53%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
68.26 / 0.72 / -2.9
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%) | -$333 | -$332 | -$332 | -$332 |
| $16 (-15%) | -$241 | -$239 | -$238 | -$238 |
| $17 (-10%) | -$153 | -$147 | -$143 | -$143 |
| $18 (-5%) | -$71 | -$60 | -$51 | -$48 |
| $19 (-2%) | -$27 | -$13 | +$2 | +$9 |
| $19 (0%) โ spot | +$0 | +$17 | +$34 | +$47 |
| $19 (+2%) | +$25 | +$43 | +$65 | +$85 |
| $20 (+5%) | +$58 | +$79 | +$104 | +$142 |
| $21 (+8%) โ target | +$87 | +$108 | +$136 | +$200 |
| $21 (+10%) | +$102 | +$124 | +$151 | +$200 |
| $22 (+15%) | +$134 | +$154 | +$177 | +$200 |
| $23 (+20%) | +$154 | +$171 | +$189 | +$200 |
Uses BRZE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.