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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $18.97 ยท ฮ 1.00
LONG PUT ยท $18 ยท Jun '26
Qty 1 ยท Premium $0.49 ยท ฮ -0.3
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If BRZE hits $21 by Jun 19: the protective put returns +$154 (7.9%) on $1,946 risked, vs +$203 (10.7%) for 100 shares on $1,897. Options give 0.7ร 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
+$154
+7.9% on $1,946 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$146
Put floors you at $18
Break-even
$19.46
+2.57% from spot
Prob. of Target Hit
41%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
70.43 / -0.55 / 2.81
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%) | -$150 | -$152 | -$151 | -$146 |
| $16 (-15%) | -$134 | -$141 | -$147 | -$146 |
| $17 (-10%) | -$105 | -$117 | -$131 | -$146 |
| $18 (-5%) | -$60 | -$74 | -$93 | -$144 |
| $19 (-2%) | -$26 | -$40 | -$58 | -$87 |
| $19 (0%) โ spot | -$0 | -$14 | -$30 | -$49 |
| $19 (+2%) | +$28 | +$15 | +$1 | -$11 |
| $20 (+5%) | +$72 | +$62 | +$51 | +$46 |
| $21 (+11%) โ target | +$166 | +$160 | +$155 | +$154 |
| $22 (+15%) | +$242 | +$238 | +$236 | +$236 |
| $23 (+20%) | +$333 | +$331 | +$330 | +$330 |
Uses BRZE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.