Target Price Playground

Templates Custom Builder
ENTG
$135.32
๐ŸŸข
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 $130 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $135 ยท Jul '26
Qty 1 ยท Premium $15.29 ยท ฮ” -0.42
SHORT PUT ยท $130 ยท Jun '26
Qty 1 ยท Premium $10.45 ยท ฮ” -0.38
P&L at Expiry Now $135 Target $130 $95 $135 $176
Stock (100 sh) Diagonal Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If ENTG hits $130 by Jun 19: the diagonal put spread returns +$631 (130.3%) on $484 risked, vs $-532 (-3.9%) for 100 shares on $13,532. Options give 33.4ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ENTG is at $130. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if ENTG hits $130 by Jun 19
+$631
+130.3% on $484 risked
Max Profit
+$617
If the stock price is favorable
Max Loss
โˆ’$429
Worst-case within chart range
Break-even
$145.14
+7.26% from spot
Prob. of Target Hit
88%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-4.59 / 1.45 / 5.01
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

ENTG Price Today May 5 May 27 Jun 19 (exp)
$108 (-20%) +$55 +$82 +$108 +$56
$115 (-15%) +$55 +$93 +$148 +$157
$122 (-10%) +$46 +$90 +$168 +$323
$129 (-5%) +$27 +$73 +$157 +$567
$130 (-4%) โ† target +$22 +$67 +$150 +$630
$133 (-2%) +$12 +$55 +$135 +$493
$135 (0%) โ† spot -$0 +$40 +$115 +$364
$138 (+2%) -$13 +$24 +$91 +$247
$142 (+5%) -$34 -$3 +$49 +$96
$149 (+10%) -$73 -$54 -$30 -$100
$156 (+15%) -$114 -$109 -$114 -$238
$162 (+20%) -$156 -$163 -$192 -$330
Uses ENTG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.