Target Price Playground
DELL
$177.80
๐ข
DELL IV: 52.4% โ LOW
(-28.9% vs 30d avg of 73.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $190 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $177.8 ยท ฮ 1.00
SHORT CALL ยท $190 ยท Jun '26
Qty 1 ยท Premium $13.2 ยท ฮ 0.46
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If DELL hits $190 by Jun 19: the covered call returns +$2,540 (15.4%) on $16,460 risked, vs +$1,220 (6.9%) for 100 shares on $17,780. Options give 2.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if DELL is at $190. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if DELL hits $190 by Jun 19
+$2,540
+15.4% on $16,460 risked
Max Profit
+$2,540
If the stock โฅ $190 at expiry
Max Loss
โ$16,460
If stock โ $0 (minus premium received)
Break-even
$164.60
-7.42% from spot
Prob. of Target Hit
76%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
53.52 / 12.57 / -31.71
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
| DELL Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $142 (-20%) | -$2,421 | -$2,316 | -$2,247 | -$2,236 |
| $151 (-15%) | -$1,673 | -$1,517 | -$1,386 | -$1,347 |
| $160 (-10%) | -$989 | -$778 | -$566 | -$458 |
| $169 (-5%) | -$377 | -$116 | +$182 | +$431 |
| $174 (-2%) | -$47 | +$240 | +$584 | +$964 |
| $178 (0%) โ spot | +$158 | +$459 | +$829 | +$1,320 |
| $181 (+2%) | +$351 | +$663 | +$1,054 | +$1,676 |
| $187 (+5%) | +$616 | +$940 | +$1,354 | +$2,209 |
| $190 (+7%) โ target | +$767 | +$1,096 | +$1,516 | +$2,540 |
| $196 (+10%) | +$999 | +$1,330 | +$1,752 | +$2,540 |
| $204 (+15%) | +$1,313 | +$1,637 | +$2,034 | +$2,540 |
| $213 (+20%) | +$1,565 | +$1,870 | +$2,221 | +$2,540 |
Uses DELL's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.