Target Price Playground
CRM
$164.96
๐ข
CRM IV: 45.0% โ LOW
(-22.4% vs 30d avg of 58.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $185 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 $165 ยท Jun '26
Qty 1 ยท Premium $14.0 ยท ฮ 0.55
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If CRM hits $185 by Jun 19: the long call returns +$600 (42.9%) on $1,400 risked, vs +$2,004 (12.1%) for 100 shares on $16,496. Options give 3.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CRM is at $185. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CRM hits $185 by Jun 19
+$600
+42.9% on $1,400 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$1,400
Premium paid
Break-even
$179.00
+8.51% from spot
Prob. of Target Hit
52%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
55.03 / -11.19 / 27.68
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
| CRM Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $132 (-20%) | -$1,218 | -$1,315 | -$1,385 | -$1,400 |
| $140 (-15%) | -$1,059 | -$1,205 | -$1,342 | -$1,400 |
| $148 (-10%) | -$823 | -$1,015 | -$1,231 | -$1,400 |
| $157 (-5%) | -$498 | -$727 | -$1,008 | -$1,400 |
| $162 (-2%) | -$261 | -$502 | -$808 | -$1,400 |
| $165 (0%) โ spot | -$84 | -$331 | -$644 | -$1,400 |
| $168 (+2%) | +$105 | -$143 | -$457 | -$1,074 |
| $173 (+5%) | +$414 | +$169 | -$135 | -$579 |
| $181 (+10%) | +$989 | +$760 | +$495 | +$246 |
| $185 (+12%) โ target | +$1,256 | +$1,037 | +$794 | +$600 |
| $190 (+15%) | +$1,627 | +$1,424 | +$1,212 | +$1,070 |
| $198 (+20%) | +$2,317 | +$2,144 | +$1,983 | +$1,895 |
Uses CRM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.