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 $55 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $58 ยท Jul '26
Qty 1 ยท Premium $4.12 ยท ฮ -0.44
SHORT PUT ยท $55 ยท Jun '26
Qty 1 ยท Premium $2.5 ยท ฮ -0.33
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $55 by Jun 19: the diagonal put spread returns +$239 (147.8%) on $162 risked, vs $-292 (-5.0%) for 100 shares on $5,792. Options give 29.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CTSH is at $55. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $55 by Jun 19
+$239
+147.8% on $162 risked
Max Profit
+$235
If the stock price is favorable
Max Loss
โ$160
Worst-case within chart range
Break-even
$59.68
+3.04% from spot
Prob. of Target Hit
75%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-10.62 / 0.83 / 2.23
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%) | +$116 | +$124 | +$129 | +$121 |
| $49 (-15%) | +$107 | +$120 | +$136 | +$133 |
| $52 (-10%) | +$89 | +$105 | +$131 | +$167 |
| $55 (-5%) โ target | +$64 | +$78 | +$104 | +$239 |
| $57 (-2%) | +$45 | +$56 | +$76 | +$132 |
| $58 (0%) โ spot | +$32 | +$41 | +$55 | +$73 |
| $59 (+2%) | +$19 | +$24 | +$32 | +$22 |
| $61 (+5%) | -$2 | -$1 | -$3 | -$38 |
| $64 (+10%) | -$35 | -$42 | -$56 | -$102 |
| $67 (+15%) | -$65 | -$77 | -$97 | -$136 |
| $70 (+20%) | -$91 | -$104 | -$125 | -$152 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.