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 $155 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $135 ยท Jun '26
Qty 1 ยท Premium $14.38 ยท ฮ 0.57
LONG PUT ยท $135 ยท Jun '26
Qty 1 ยท Premium $12.95 ยท ฮ -0.43
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If ENTG hits $155 by Jun 19: the long straddle returns $-733 (-26.8%) on $2,733 risked, vs +$1,968 (14.5%) for 100 shares on $13,532. Options give 1.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ENTG is at $155. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ENTG hits $155 by Jun 19
$-733
-26.8% on $2,733 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$2,733
Both premiums paid
Break-even
$162.33
+19.96% from spot
Prob. of Target Hit
57%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
13.43 / -20.14 / 45.6
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%) | +$522 | +$261 | +$19 | -$59 |
| $115 (-15%) | +$224 | -$119 | -$494 | -$735 |
| $122 (-10%) | +$37 | -$376 | -$876 | -$1,412 |
| $129 (-5%) | -$37 | -$499 | -$1,092 | -$2,088 |
| $133 (-2%) | -$28 | -$508 | -$1,134 | -$2,494 |
| $135 (0%) โ spot | +$0 | -$488 | -$1,125 | -$2,701 |
| $138 (+2%) | +$45 | -$447 | -$1,087 | -$2,430 |
| $142 (+5%) | +$142 | -$350 | -$979 | -$2,024 |
| $149 (+10%) | +$378 | -$97 | -$678 | -$1,348 |
| $155 (+15%) โ target | +$664 | +$219 | -$296 | -$733 |
| $162 (+20%) | +$1,087 | +$686 | +$264 | +$5 |
Uses ENTG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.