Target Price Playground
FTNT
$76.70
๐ข
FTNT IV: 42.0% โ LOW
(-36.1% vs 30d avg of 65.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $67 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 $77 ยท Jun '26
Qty 1 ยท Premium $5.63 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $67 by Jun 19: the long put returns +$437 (77.6%) on $563 risked, vs $-970 (-12.6%) for 100 shares on $7,670. Options give 6.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FTNT is at $67. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $67 by Jun 19
+$437
+77.6% on $563 risked
Max Profit
+$7,137
If stock โ $0
Max Loss
โ$563
Premium paid
Break-even
$71.37
-6.95% from spot
Prob. of Target Hit
51%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-45.3 / -3.81 / 13.02
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
| FTNT Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $61 (-20%) | +$1,018 | +$996 | +$985 | +$1,001 |
| $65 (-15%) | +$706 | +$661 | +$620 | +$617 |
| $67 (-13%) โ target | +$571 | +$515 | +$458 | +$437 |
| $69 (-10%) | +$430 | +$363 | +$286 | +$234 |
| $73 (-5%) | +$195 | +$110 | +$2 | -$149 |
| $75 (-2%) | +$73 | -$18 | -$139 | -$380 |
| $77 (0%) โ spot | +$0 | -$93 | -$218 | -$533 |
| $78 (+2%) | -$66 | -$161 | -$286 | -$563 |
| $81 (+5%) | -$154 | -$248 | -$370 | -$563 |
| $84 (+10%) | -$273 | -$360 | -$464 | -$563 |
| $88 (+15%) | -$362 | -$436 | -$516 | -$563 |
| $92 (+20%) | -$426 | -$487 | -$543 | -$563 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.