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 $67 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If CTSH hits $67 by Jun 19: the long straddle returns +$157 (21.2%) on $743 risked, vs +$908 (15.7%) 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 $67. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CTSH hits $67 by Jun 19
+$157
+21.2% on $743 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$743
Both premiums paid
Break-even
$50.57
-12.68% from spot
Prob. of Target Hit
33%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
9.81 / -5.5 / 19.65
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%) | +$446 | +$420 | +$411 | +$424 |
| $49 (-15%) | +$240 | +$182 | +$137 | +$135 |
| $52 (-10%) | +$90 | -$2 | -$100 | -$155 |
| $55 (-5%) | +$9 | -$111 | -$259 | -$444 |
| $57 (-2%) | -$5 | -$135 | -$302 | -$618 |
| $58 (0%) โ spot | +$1 | -$133 | -$306 | -$734 |
| $59 (+2%) | +$18 | -$117 | -$290 | -$634 |
| $61 (+5%) | +$63 | -$68 | -$233 | -$460 |
| $64 (+10%) | +$188 | +$70 | -$63 | -$171 |
| $67 (+16%) โ target | +$390 | +$295 | +$205 | +$158 |
| $70 (+20%) | +$576 | +$500 | +$436 | +$408 |
Uses CTSH's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.