Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If CORZ hits $19 by Jun 19: the cash-secured put returns +$185 (12.2%) on $-185 credit (max loss $1,515), vs +$68 (3.7%) for 100 shares on $1,832. Options give 3.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CORZ is at $19. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| CORZ Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $15 (-20%) | -$173 | -$138 | -$95 | -$49 |
| $16 (-15%) | -$123 | -$85 | -$35 | +$42 |
| $16 (-10%) | -$79 | -$38 | +$16 | +$134 |
| $17 (-5%) | -$41 | +$2 | +$58 | +$185 |
| $18 (-2%) | -$20 | +$23 | +$79 | +$185 |
| $18 (0%) โ spot | -$7 | +$36 | +$91 | +$185 |
| $19 (+2%) | +$5 | +$48 | +$103 | +$185 |
| $19 (+4%) โ target | +$15 | +$57 | +$111 | +$185 |
| $19 (+5%) | +$22 | +$64 | +$117 | +$185 |
| $20 (+10%) | +$47 | +$88 | +$137 | +$185 |
| $21 (+15%) | +$69 | +$107 | +$151 | +$185 |
| $22 (+20%) | +$87 | +$123 | +$161 | +$185 |