Target Price Playground
DOCU
$42.89
๐ข
DOCU IV: 55.0% โ LOW
(-36.1% vs 30d avg of 86.1%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $46 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
@ $42.89 ยท ฮ 1.00
SHORT CALL ยท $46 ยท Jun '26
Qty 1 ยท Premium $3.0 ยท ฮ 0.45
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If DOCU hits $46 by Jun 19: the covered call returns +$611 (15.3%) on $3,989 risked, vs +$311 (7.3%) for 100 shares on $4,289. Options give 2.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if DOCU is at $46. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if DOCU hits $46 by Jun 19
+$611
+15.3% on $3,989 risked
Max Profit
+$611
If the stock โฅ $46 at expiry
Max Loss
โ$3,989
If stock โ $0 (minus premium received)
Break-even
$39.89
-7.0% from spot
Prob. of Target Hit
76%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
55.45 / 3.24 / -7.26
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
| DOCU Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $34 (-20%) | -$612 | -$583 | -$562 | -$558 |
| $36 (-15%) | -$435 | -$392 | -$355 | -$343 |
| $39 (-10%) | -$273 | -$218 | -$160 | -$129 |
| $41 (-5%) | -$128 | -$60 | +$18 | +$86 |
| $42 (-2%) | -$49 | +$25 | +$114 | +$214 |
| $43 (0%) โ spot | -$0 | +$77 | +$172 | +$300 |
| $44 (+2%) | +$46 | +$126 | +$227 | +$386 |
| $45 (+5%) | +$110 | +$193 | +$299 | +$514 |
| $46 (+7%) โ target | +$154 | +$239 | +$347 | +$611 |
| $47 (+10%) | +$203 | +$289 | +$397 | +$611 |
| $49 (+15%) | +$281 | +$365 | +$469 | +$611 |
| $51 (+20%) | +$345 | +$425 | +$519 | +$611 |
Uses DOCU's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.