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 $110 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $125 ยท Jun '26
Qty 1 ยท Premium $15.93 ยท ฮ -0.44
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If FORM hits $110 by Jun 19: the long put returns $-93 (-5.8%) on $1,593 risked, vs $-1,380 (-11.1%) for 100 shares on $12,380. Options give 0.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FORM is at $110. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FORM hits $110 by Jun 19
$-93
-5.8% on $1,593 risked
Max Profit
+$10,907
If stock โ $0
Max Loss
โ$1,593
Premium paid
Break-even
$109.07
-11.9% from spot
Prob. of Target Hit
73%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-43.78 / -10.86 / 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%) | +$1,408 | +$1,248 | +$1,080 | +$1,003 |
| $105 (-15%) | +$993 | +$796 | +$566 | +$384 |
| $110 (-11%) โ target | +$703 | +$481 | +$207 | -$93 |
| $111 (-10%) | +$621 | +$393 | +$107 | -$235 |
| $118 (-5%) | +$290 | +$39 | -$288 | -$854 |
| $121 (-2%) | +$111 | -$149 | -$493 | -$1,225 |
| $124 (0%) โ spot | -$0 | -$265 | -$617 | -$1,473 |
| $126 (+2%) | -$106 | -$374 | -$730 | -$1,593 |
| $130 (+5%) | -$253 | -$524 | -$880 | -$1,593 |
| $136 (+10%) | -$470 | -$739 | -$1,084 | -$1,593 |
| $142 (+15%) | -$657 | -$917 | -$1,238 | -$1,593 |
| $149 (+20%) | -$815 | -$1,062 | -$1,350 | -$1,593 |
Uses FORM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.