Target Price Playground

Templates Custom Builder
DBX
$22.06
๐ŸŸข
DBX IV: 40.2% โ€” LOW (-59.4% vs 30d avg of 98.9%)
Options are cheap vs 30d avg โ€” good time to BUY options (long calls/puts, debit spreads).
Forward Projection If price hits $20 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $22 ยท Jun '26
Qty 1 ยท Premium $1.37 ยท ฮ” -0.44
SHORT PUT ยท $21 ยท Jun '26
Qty 1 ยท Premium $0.74 ยท ฮ” -0.29
P&L at Expiry Now $22 Target $20 $15 $22 $29
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If DBX hits $20 by Jun 19: the bear put spread returns +$86 (135.8%) on $64 risked, vs $-256 (-11.6%) for 100 shares on $2,206. Options give 11.7ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if DBX is at $20. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if DBX hits $20 by Jun 19
+$86
+135.8% on $64 risked
Max Profit
+$86
If the stock โ‰ค $20 at expiry
Max Loss
โˆ’$64
Net debit
Break-even
$21.36
-3.16% from spot
Prob. of Target Hit
50%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-15.41 / -0.1 / 0.51
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

DBX Price Today May 5 May 27 Jun 19 (exp)
$18 (-20%) +$66 +$73 +$82 +$87
$19 (-15%) +$53 +$59 +$71 +$87
$20 (-12%) โ† target +$42 +$47 +$57 +$87
$20 (-10%) +$36 +$41 +$50 +$87
$21 (-5%) +$18 +$19 +$21 +$41
$22 (-2%) +$8 +$6 +$3 -$25
$22 (0%) โ† spot +$1 -$2 -$9 -$63
$23 (+2%) -$6 -$10 -$19 -$63
$23 (+5%) -$15 -$21 -$32 -$63
$24 (+10%) -$29 -$36 -$48 -$63
$25 (+15%) -$39 -$47 -$57 -$63
$26 (+20%) -$47 -$54 -$61 -$63
Uses DBX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.