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 $135 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
Own stock + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $123.8 ยท ฮ 1.00
LONG PUT ยท $120 ยท Jun '26
Qty 1 ยท Premium $13.25 ยท ฮ -0.39
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If FORM hits $135 by Jun 19: the protective put returns $-205 (-1.5%) on $13,705 risked, vs +$1,120 (9.0%) for 100 shares on $12,380. Options give 0.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FORM is at $135. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FORM hits $135 by Jun 19
$-205
-1.5% on $13,705 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,705
Put floors you at $120
Break-even
$137.05
+10.7% from spot
Prob. of Target Hit
78%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
61.16 / -10.64 / 20.33
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%) | -$1,190 | -$1,368 | -$1,569 | -$1,705 |
| $105 (-15%) | -$957 | -$1,168 | -$1,428 | -$1,705 |
| $111 (-10%) | -$679 | -$916 | -$1,222 | -$1,705 |
| $118 (-5%) | -$360 | -$612 | -$946 | -$1,705 |
| $121 (-2%) | -$149 | -$407 | -$748 | -$1,573 |
| $124 (0%) โ spot | -$0 | -$260 | -$603 | -$1,325 |
| $126 (+2%) | +$154 | -$106 | -$447 | -$1,077 |
| $130 (+5%) | +$396 | +$137 | -$196 | -$706 |
| $135 (+9%) โ target | +$741 | +$489 | +$173 | -$205 |
| $142 (+15%) | +$1,285 | +$1,047 | +$769 | +$532 |
| $149 (+20%) | +$1,770 | +$1,549 | +$1,308 | +$1,151 |
Uses FORM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.