Target Price Playground
CDNS
$265.66
๐ข
CDNS IV: 42.7% โ LOW
(-43.5% vs 30d avg of 75.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $300 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
Bullish. Unlimited upside, capped loss = premium paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $265 ยท Jun '26
Qty 1 ยท Premium $25.9 ยท ฮ 0.57
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If CDNS hits $300 by Jun 19: the long call returns +$910 (35.1%) on $2,590 risked, vs +$3,434 (12.9%) for 100 shares on $26,566. Options give 2.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CDNS is at $300. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CDNS hits $300 by Jun 19
+$910
+35.1% on $2,590 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$2,590
Premium paid
Break-even
$290.90
+9.5% from spot
Prob. of Target Hit
50%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
56.61 / -17.1 / 44.62
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
| CDNS Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $213 (-20%) | -$2,291 | -$2,448 | -$2,564 | -$2,590 |
| $226 (-15%) | -$2,030 | -$2,267 | -$2,492 | -$2,590 |
| $239 (-10%) | -$1,642 | -$1,954 | -$2,306 | -$2,590 |
| $252 (-5%) | -$1,113 | -$1,481 | -$1,937 | -$2,590 |
| $260 (-2%) | -$725 | -$1,114 | -$1,607 | -$2,590 |
| $266 (0%) โ spot | -$439 | -$835 | -$1,338 | -$2,524 |
| $271 (+2%) | -$131 | -$528 | -$1,033 | -$1,993 |
| $279 (+5%) | +$372 | -$21 | -$507 | -$1,196 |
| $292 (+10%) | +$1,304 | +$939 | +$519 | +$133 |
| $300 (+13%) โ target | +$1,898 | +$1,556 | +$1,185 | +$910 |
| $306 (+15%) | +$2,338 | +$2,015 | +$1,681 | +$1,461 |
| $319 (+20%) | +$3,454 | +$3,179 | +$2,926 | +$2,789 |
Uses CDNS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.