Target Price Playground
CTSH
$57.92
๐ข
CTSH IV: 36.2% โ LOW
(-40.3% 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 $63 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $57.92 ยท ฮ 1.00
SHORT CALL ยท $63 ยท Jun '26
Qty 1 ยท Premium $2.01 ยท ฮ 0.35
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $63 by Jun 19: the covered call returns +$709 (12.7%) on $5,591 risked, vs +$508 (8.8%) for 100 shares on $5,792. Options give 1.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CTSH is at $63. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $63 by Jun 19
+$709
+12.7% on $5,591 risked
Max Profit
+$709
If the stock โฅ $63 at expiry
Max Loss
โ$5,591
If stock โ $0 (minus premium received)
Break-even
$55.91
-3.46% from spot
Prob. of Target Hit
59%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
65.15 / 2.8 / -9.18
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%) | -$968 | -$960 | -$957 | -$957 |
| $49 (-15%) | -$695 | -$678 | -$669 | -$668 |
| $52 (-10%) | -$438 | -$406 | -$383 | -$378 |
| $55 (-5%) | -$205 | -$156 | -$109 | -$89 |
| $57 (-2%) | -$78 | -$19 | +$44 | +$85 |
| $58 (0%) โ spot | +$0 | +$66 | +$139 | +$201 |
| $59 (+2%) | +$73 | +$144 | +$228 | +$317 |
| $61 (+5%) | +$172 | +$249 | +$345 | +$491 |
| $63 (+9%) โ target | +$279 | +$360 | +$463 | +$709 |
| $64 (+10%) | +$310 | +$392 | +$495 | +$709 |
| $67 (+15%) | +$417 | +$496 | +$591 | +$709 |
| $70 (+20%) | +$495 | +$567 | +$646 | +$709 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.