Target Price Playground
ENTG
$135.32
๐ข
ENTG IV: 58.6% โ LOW
(-27.9% vs 30d avg of 81.3%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $120 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $135 ยท Jun '26
Qty 1 ยท Premium $12.95 ยท ฮ -0.43
SHORT PUT ยท $125 ยท Jun '26
Qty 1 ยท Premium $8.24 ยท ฮ -0.32
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If ENTG hits $120 by Jun 19: the bear put spread returns +$529 (112.3%) on $471 risked, vs $-1,532 (-11.3%) for 100 shares on $13,532. Options give 9.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ENTG is at $120. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ENTG hits $120 by Jun 19
+$529
+112.3% on $471 risked
Max Profit
+$529
If the stock โค $125 at expiry
Max Loss
โ$471
Net debit
Break-even
$130.29
-3.72% from spot
Prob. of Target Hit
66%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-11.4 / -0.68 / 2.1
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
| ENTG Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $108 (-20%) | +$313 | +$353 | +$424 | +$529 |
| $115 (-15%) | +$239 | +$270 | +$333 | +$529 |
| $120 (-11%) โ target | +$181 | +$202 | +$247 | +$529 |
| $122 (-10%) | +$160 | +$176 | +$213 | +$529 |
| $129 (-5%) | +$79 | +$78 | +$78 | +$174 |
| $133 (-2%) | +$31 | +$19 | -$3 | -$232 |
| $135 (0%) โ spot | +$0 | -$19 | -$56 | -$471 |
| $138 (+2%) | -$30 | -$56 | -$106 | -$471 |
| $142 (+5%) | -$74 | -$109 | -$176 | -$471 |
| $149 (+10%) | -$142 | -$188 | -$272 | -$471 |
| $156 (+15%) | -$202 | -$254 | -$344 | -$471 |
| $162 (+20%) | -$254 | -$309 | -$393 | -$471 |
Uses ENTG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.