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 $47 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $42.89 ยท ฮ 1.00
LONG PUT ยท $41 ยท Jun '26
Qty 1 ยท Premium $2.98 ยท ฮ -0.37
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If DOCU hits $47 by Jun 19: the protective put returns +$113 (2.5%) on $4,587 risked, vs +$411 (9.6%) for 100 shares on $4,289. Options give 0.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if DOCU is at $47. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if DOCU hits $47 by Jun 19
+$113
+2.5% on $4,587 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$487
Put floors you at $41
Break-even
$45.87
+6.94% from spot
Prob. of Target Hit
69%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
63.39 / -2.66 / 6.91
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%) | -$395 | -$433 | -$472 | -$487 |
| $36 (-15%) | -$325 | -$375 | -$435 | -$487 |
| $39 (-10%) | -$236 | -$295 | -$372 | -$487 |
| $41 (-5%) | -$127 | -$191 | -$276 | -$487 |
| $42 (-2%) | -$54 | -$119 | -$204 | -$384 |
| $43 (0%) โ spot | -$0 | -$65 | -$150 | -$298 |
| $44 (+2%) | +$55 | -$9 | -$91 | -$212 |
| $45 (+5%) | +$143 | +$81 | +$4 | -$84 |
| $47 (+10%) โ target | +$288 | +$231 | +$165 | +$113 |
| $49 (+15%) | +$473 | +$423 | +$372 | +$345 |
| $51 (+20%) | +$654 | +$612 | +$574 | +$560 |
Uses DOCU's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.