Target Price Playground

Templates Custom Builder
CWAN
$24.00
๐ŸŸข
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 $23 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $24 ยท Jul '26
Qty 1 ยท Premium $0.27 ยท ฮ” -0.38
SHORT PUT ยท $23 ยท Jun '26
Qty 1 ยท Premium $0.03 ยท ฮ” -0.07
P&L at Expiry Now $24 Target $23 $17 $24 $31
Stock (100 sh) Diagonal Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If CWAN hits $23 by Jun 19: the diagonal put spread returns +$68 (280.0%) on $24 risked, vs $-100 (-4.2%) for 100 shares on $2,400. Options give 66.7ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if CWAN is at $23. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if CWAN hits $23 by Jun 19
+$68
+280.0% on $24 risked
Max Profit
+$68
If the stock price is favorable
Max Loss
โˆ’$24
Worst-case within chart range
Break-even
$23.86
-0.56% from spot
Prob. of Target Hit
23%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-31.13 / -0.02 / 3.29
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

CWAN Price Today May 5 May 27 Jun 19 (exp)
$19 (-20%) +$67 +$67 +$67 +$68
$20 (-15%) +$67 +$67 +$67 +$68
$22 (-10%) +$65 +$67 +$67 +$68
$23 (-4%) โ† target +$38 +$42 +$49 +$69
$24 (-2%) +$17 +$19 +$22 +$23
$24 (0%) โ† spot +$0 -$0 -$2 -$6
$24 (+2%) -$12 -$14 -$16 -$20
$25 (+5%) -$21 -$22 -$23 -$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.