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 $51 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $58 ยท Jun '26
Qty 1 ยท Premium $3.51 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $51 by Jun 19: the long put returns +$349 (99.2%) on $351 risked, vs $-692 (-11.9%) for 100 shares on $5,792. Options give 8.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CTSH is at $51. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $51 by Jun 19
+$349
+99.2% on $351 risked
Max Profit
+$5,449
If stock โ $0
Max Loss
โ$351
Premium paid
Break-even
$54.49
-5.93% from spot
Prob. of Target Hit
46%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-45.09 / -2.39 / 9.82
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%) | +$802 | +$797 | +$800 | +$815 |
| $49 (-15%) | +$554 | +$533 | +$519 | +$526 |
| $51 (-12%) โ target | +$416 | +$385 | +$354 | +$349 |
| $52 (-10%) | +$334 | +$296 | +$255 | +$236 |
| $55 (-5%) | +$149 | +$98 | +$31 | -$53 |
| $57 (-2%) | +$56 | -$1 | -$77 | -$227 |
| $58 (0%) โ spot | +$0 | -$58 | -$137 | -$343 |
| $59 (+2%) | -$49 | -$108 | -$187 | -$351 |
| $61 (+5%) | -$113 | -$171 | -$246 | -$351 |
| $64 (+10%) | -$195 | -$246 | -$305 | -$351 |
| $67 (+15%) | -$253 | -$294 | -$334 | -$351 |
| $70 (+20%) | -$291 | -$321 | -$345 | -$351 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.