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 $140 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
Bullish. Unlimited upside, capped loss = premium paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $125 ยท Jun '26
Qty 1 ยท Premium $15.76 ยท ฮ 0.56
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If FORM hits $140 by Jun 19: the long call returns $-76 (-4.8%) on $1,576 risked, vs +$1,620 (13.1%) for 100 shares on $12,380. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FORM is at $140. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FORM hits $140 by Jun 19
$-76
-4.8% on $1,576 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$1,576
Premium paid
Break-even
$140.76
+13.7% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
56.22 / -12.38 / 20.9
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%) | -$1,068 | -$1,262 | -$1,463 | -$1,576 |
| $105 (-15%) | -$864 | -$1,095 | -$1,359 | -$1,576 |
| $111 (-10%) | -$617 | -$879 | -$1,199 | -$1,576 |
| $118 (-5%) | -$329 | -$614 | -$975 | -$1,576 |
| $121 (-2%) | -$137 | -$431 | -$809 | -$1,576 |
| $124 (0%) โ spot | -$0 | -$299 | -$684 | -$1,576 |
| $126 (+2%) | +$142 | -$160 | -$549 | -$1,448 |
| $130 (+5%) | +$366 | +$62 | -$329 | -$1,077 |
| $136 (+10%) | +$767 | +$465 | +$86 | -$458 |
| $140 (+13%) โ target | +$1,031 | +$733 | +$368 | -$76 |
| $142 (+15%) | +$1,200 | +$906 | +$552 | +$161 |
| $149 (+20%) | +$1,661 | +$1,380 | +$1,058 | +$780 |
Uses FORM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.