Target Price Playground
CWAN
$24.00
๐ข
CWAN IV: 1.1% โ LOW
(-99.0% vs 30d avg of 108.9%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $21 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $24 ยท Jun '26
Qty 1 ยท Premium $0.24 ยท ฮ -0.4
SHORT PUT ยท $22 ยท Jun '26
Qty 1 ยท Premium $0.0 ยท ฮ -0.0
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If CWAN hits $21 by Jun 19: the bear put spread returns +$176 (730.0%) on $24 risked, vs $-300 (-12.5%) for 100 shares on $2,400. Options give 58.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CWAN is at $21. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if CWAN hits $21 by Jun 19
+$176
+730.0% on $24 risked
Max Profit
+$176
If the stock โค $22 at expiry
Max Loss
โ$24
Net debit
Break-even
$23.76
-1.0% from spot
Prob. of Target Hit
0%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-39.64 / -0.11 / 3.88
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
| CWAN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $19 (-20%) | +$174 | +$175 | +$175 | +$176 |
| $20 (-15%) | +$174 | +$175 | +$175 | +$176 |
| $21 (-12%) โ target | +$169 | +$173 | +$175 | +$176 |
| $22 (-10%) | +$154 | +$162 | +$170 | +$176 |
| $23 (-5%) | +$77 | +$82 | +$89 | +$96 |
| $24 (-2%) | +$24 | +$24 | +$22 | +$24 |
| $24 (0%) โ spot | +$0 | -$3 | -$8 | -$24 |
| $24 (+2%) | -$14 | -$17 | -$21 | -$24 |
| $25 (+5%) | -$22 | -$23 | -$24 | -$24 |
| $26 (+10%) | -$24 | -$24 | -$24 | -$24 |
| $28 (+15%) | -$24 | -$24 | -$24 | -$24 |
| $29 (+20%) | -$24 | -$24 | -$24 | -$24 |
Uses CWAN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.