Target Price Playground
CTSH
$57.92
๐ข
CTSH IV: 36.6% โ LOW
(-39.6% vs 30d avg of 60.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $65 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $58 ยท Jun '26
Qty 1 ยท Premium $3.91 ยท ฮ 0.55
SHORT CALL ยท $63 ยท Jun '26
Qty 1 ยท Premium $2.01 ยท ฮ 0.35
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $65 by Jun 19: the bull call spread returns +$310 (162.5%) on $190 risked, vs +$708 (12.2%) for 100 shares on $5,792. Options give 13.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CTSH is at $65. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $65 by Jun 19
+$310
+162.5% on $190 risked
Max Profit
+$310
If the stock โฅ $63 at expiry
Max Loss
โ$190
Net debit
Break-even
$59.90
+3.43% from spot
Prob. of Target Hit
45%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
20.06 / -0.3 / 0.65
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
| CTSH Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $46 (-20%) | -$166 | -$179 | -$189 | -$190 |
| $49 (-15%) | -$141 | -$160 | -$182 | -$190 |
| $52 (-10%) | -$104 | -$126 | -$159 | -$190 |
| $55 (-5%) | -$56 | -$74 | -$109 | -$190 |
| $57 (-2%) | -$23 | -$36 | -$64 | -$190 |
| $58 (0%) โ spot | +$0 | -$9 | -$29 | -$190 |
| $59 (+2%) | +$24 | +$20 | +$9 | -$82 |
| $61 (+5%) | +$59 | +$62 | +$67 | +$92 |
| $64 (+10%) | +$114 | +$129 | +$158 | +$310 |
| $65 (+12%) โ target | +$137 | +$156 | +$191 | +$310 |
| $67 (+15%) | +$164 | +$186 | +$226 | +$310 |
| $70 (+20%) | +$204 | +$230 | +$269 | +$310 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.