Target Price Playground

Templates Custom Builder
CRCL
$88.04
๐ŸŸข
CRCL IV: 81.4% โ€” LOW (-25.5% vs 30d avg of 109.2%)
Options are cheap vs 30d avg โ€” good time to BUY options (long calls/puts, debit spreads).
Forward Projection If price hits $77 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $88 ยท Jun '26
Qty 1 ยท Premium $12.18 ยท ฮ” -0.42
SHORT PUT ยท $81 ยท Jun '26
Qty 1 ยท Premium $8.59 ยท ฮ” -0.33
P&L at Expiry Now $88 Target $77 $62 $88 $114
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If CRCL hits $77 by Jun 19: the bear put spread returns +$341 (94.9%) on $359 risked, vs $-1,104 (-12.5%) for 100 shares on $8,804. Options give 7.6ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CRCL is at $77. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if CRCL hits $77 by Jun 19
+$341
+94.9% on $359 risked
Max Profit
+$341
If the stock โ‰ค $81 at expiry
Max Loss
โˆ’$359
Net debit
Break-even
$84.41
-4.12% from spot
Prob. of Target Hit
73%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-8.68 / -0.52 / 1.04
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

CRCL Price Today May 5 May 27 Jun 19 (exp)
$70 (-20%) +$158 +$178 +$219 +$341
$75 (-15%) +$119 +$131 +$162 +$341
$77 (-13%) โ† target +$99 +$108 +$130 +$341
$79 (-10%) +$79 +$83 +$97 +$341
$84 (-5%) +$39 +$34 +$28 +$77
$86 (-2%) +$15 +$5 -$12 -$187
$88 (0%) โ† spot +$0 -$14 -$38 -$359
$90 (+2%) -$15 -$32 -$64 -$359
$92 (+5%) -$37 -$59 -$101 -$359
$97 (+10%) -$72 -$101 -$156 -$359
$101 (+15%) -$105 -$140 -$203 -$359
$106 (+20%) -$135 -$174 -$241 -$359
Uses CRCL's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.