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 $64 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $57.92 ยท ฮ 1.00
LONG PUT ยท $55 ยท Jun '26
Qty 1 ยท Premium $2.5 ยท ฮ -0.33
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $64 by Jun 19: the protective put returns +$358 (5.9%) on $6,042 risked, vs +$608 (10.5%) for 100 shares on $5,792. Options give 0.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CTSH is at $64. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $64 by Jun 19
+$358
+5.9% on $6,042 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$542
Put floors you at $55
Break-even
$60.42
+4.32% from spot
Prob. of Target Hit
52%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
66.58 / -2.77 / 9.43
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%) | -$521 | -$539 | -$550 | -$542 |
| $49 (-15%) | -$455 | -$490 | -$527 | -$542 |
| $52 (-10%) | -$352 | -$401 | -$463 | -$542 |
| $55 (-5%) | -$211 | -$267 | -$342 | -$540 |
| $57 (-2%) | -$108 | -$164 | -$238 | -$366 |
| $58 (0%) โ spot | -$33 | -$87 | -$157 | -$250 |
| $59 (+2%) | +$48 | -$4 | -$68 | -$134 |
| $61 (+5%) | +$178 | +$131 | +$78 | +$40 |
| $64 (+10%) โ target | +$439 | +$403 | +$370 | +$358 |
| $67 (+15%) | +$669 | +$643 | +$623 | +$619 |
| $70 (+20%) | +$937 | +$919 | +$909 | +$908 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.