Target Price Playground
FORM
$123.80
๐ข
FORM IV: 78.1% โ LOW
(-22.1% vs 30d avg of 100.2%)
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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $125 ยท Jul '26
Qty 1 ยท Premium $38.0 ยท ฮ -0.43
SHORT PUT ยท $120 ยท Jun '26
Qty 1 ยท Premium $13.25 ยท ฮ -0.39
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If FORM hits $120 by Jun 19: the diagonal put spread returns $-1,195 (-48.3%) on $2,475 risked, vs $-380 (-3.1%) for 100 shares on $12,380. Options give 15.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FORM is at $120. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FORM hits $120 by Jun 19
$-1,195
-48.3% on $2,475 risked
Max Profit
+$-1,199
If the stock price is favorable
Max Loss
โ$2,308
Worst-case within chart range
Break-even
$
None% from spot
Prob. of Target Hit
92%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-3.71 / 1.2 / 4.59
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
| FORM Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $99 (-20%) | -$1,900 | -$1,865 | -$1,821 | -$1,861 |
| $105 (-15%) | -$1,898 | -$1,854 | -$1,784 | -$1,738 |
| $111 (-10%) | -$1,903 | -$1,853 | -$1,764 | -$1,561 |
| $118 (-5%) | -$1,915 | -$1,863 | -$1,767 | -$1,325 |
| $120 (-3%) โ target | -$1,921 | -$1,870 | -$1,774 | -$1,217 |
| $121 (-2%) | -$1,925 | -$1,874 | -$1,779 | -$1,285 |
| $124 (0%) โ spot | -$1,933 | -$1,884 | -$1,792 | -$1,407 |
| $126 (+2%) | -$1,941 | -$1,894 | -$1,807 | -$1,519 |
| $130 (+5%) | -$1,956 | -$1,913 | -$1,836 | -$1,669 |
| $136 (+10%) | -$1,983 | -$1,949 | -$1,894 | -$1,878 |
| $142 (+15%) | -$2,013 | -$1,990 | -$1,960 | -$2,040 |
| $149 (+20%) | -$2,045 | -$2,034 | -$2,029 | -$2,163 |
Uses FORM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.