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 $145 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
@ $135.32 ยท ฮ 1.00
SHORT CALL ยท $145 ยท Jun '26
Qty 1 ยท Premium $10.31 ยท ฮ 0.46
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ENTG hits $145 by Jun 19: the covered call returns +$1,999 (16.0%) on $12,501 risked, vs +$968 (7.2%) for 100 shares on $13,532. 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 ENTG is at $145. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ENTG hits $145 by Jun 19
+$1,999
+16.0% on $12,501 risked
Max Profit
+$1,999
If the stock โฅ $145 at expiry
Max Loss
โ$12,501
If stock โ $0 (minus premium received)
Break-even
$125.01
-7.62% from spot
Prob. of Target Hit
78%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
54.42 / 10.84 / -22.99
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%) | -$1,886 | -$1,776 | -$1,694 | -$1,675 |
| $115 (-15%) | -$1,341 | -$1,190 | -$1,051 | -$999 |
| $122 (-10%) | -$842 | -$649 | -$445 | -$322 |
| $129 (-5%) | -$395 | -$165 | +$104 | +$354 |
| $133 (-2%) | -$152 | +$97 | +$399 | +$760 |
| $135 (0%) โ spot | -$0 | +$259 | +$581 | +$1,031 |
| $138 (+2%) | +$143 | +$411 | +$748 | +$1,302 |
| $142 (+5%) | +$342 | +$619 | +$974 | +$1,708 |
| $145 (+7%) โ target | +$474 | +$755 | +$1,116 | +$1,999 |
| $149 (+10%) | +$634 | +$918 | +$1,281 | +$1,999 |
| $156 (+15%) | +$880 | +$1,161 | +$1,510 | +$1,999 |
| $162 (+20%) | +$1,083 | +$1,353 | +$1,672 | +$1,999 |
Uses ENTG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.