Target Price Playground
DLB
$60.61
๐ข
DLB IV: 32.3% โ LOW
(-63.0% vs 30d avg of 87.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $65 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
@ $60.61 ยท ฮ 1.00
SHORT CALL ยท $65 ยท Jun '26
Qty 1 ยท Premium $1.68 ยท ฮ 0.32
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If DLB hits $65 by Jun 19: the covered call returns +$607 (10.3%) on $5,893 risked, vs +$439 (7.2%) for 100 shares on $6,061. 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 DLB is at $65. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if DLB hits $65 by Jun 19
+$607
+10.3% on $5,893 risked
Max Profit
+$607
If the stock โฅ $65 at expiry
Max Loss
โ$5,893
If stock โ $0 (minus premium received)
Break-even
$58.93
-2.77% from spot
Prob. of Target Hit
60%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
68.15 / 2.1 / -9.64
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
| DLB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $48 (-20%) | -$1,049 | -$1,045 | -$1,044 | -$1,044 |
| $52 (-15%) | -$757 | -$746 | -$741 | -$741 |
| $55 (-10%) | -$481 | -$457 | -$441 | -$438 |
| $58 (-5%) | -$230 | -$188 | -$150 | -$135 |
| $59 (-2%) | -$95 | -$43 | +$12 | +$47 |
| $61 (0%) โ spot | -$13 | +$45 | +$112 | +$168 |
| $62 (+2%) | +$62 | +$126 | +$203 | +$289 |
| $64 (+5%) | +$162 | +$232 | +$320 | +$471 |
| $65 (+7%) โ target | +$228 | +$300 | +$391 | +$607 |
| $67 (+10%) | +$297 | +$369 | +$459 | +$607 |
| $70 (+15%) | +$392 | +$459 | +$536 | +$607 |
| $73 (+20%) | +$457 | +$514 | +$570 | +$607 |
Uses DLB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.